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Last C$0.45 CAD
Change Today +0.03 / 7.14%
Volume 41.9K
PLG On Other Exchanges
As of 1:47 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

pilot gold inc (PLG) Snapshot

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09/17/14 - C$1.32
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pilot gold inc (PLG) Details

Pilot Gold Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Turkey. The company primarily holds interests in the Kinsley Mountain property, a sediment-hosted gold property that consists of 475 claims on U.S. Bureau of Land Management land and 5 leased patents covering an area of 9,575 acres located in southeast Elko County, Nevada. It also holds interests in the TV Tower property, a gold-silver and porphyry copper-gold property located in the Biga District of northwestern Turkey; and the Halilaga property, a copper-gold porphyry deposit located in northwest Turkey. Pilot Gold Inc. was incorporated in 2010 and is based in Vancouver, Canada.

26 Employees
Last Reported Date: 03/25/15
Founded in 2010

pilot gold inc (PLG) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $226.4K
Chief Financial Officer, Corporate Secretary ...
Total Annual Compensation: $167.6K
Chief Geologist and Member of Disclosure Comm...
Total Annual Compensation: $185.0K
Vice President of Business Development and Me...
Total Annual Compensation: $64.2K
Vice President of Project Development & Engin...
Total Annual Compensation: $185.7K
Compensation as of Fiscal Year 2014.

pilot gold inc (PLG) Key Developments

Pilot Gold Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Pilot Gold Inc. announced earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported loss for the period attributable to shareholders of $2,152,000 or $0.02 per basic and diluted share compared to $1,263,000 or $0.01 per basic and diluted share a year ago. Loss and comprehensive loss for the year attributable to shareholders was $1,733,000 compared to gain of $969,000 a year ago. For the six months, the company reported loss for the period attributable to shareholders of $3,772,000 or $0.04 per basic and diluted share compared to $3,416,000 or $0.04 per basic and diluted share a year ago. Gain and comprehensive gain for the year attributable to shareholders was $7,687,000 compared to $2,623,000 a year ago.

Pilot Gold Reports Metallurgical Results from Upper Gold Host at Kinsley Mountain

Pilot Gold Inc. reported additional metallurgical results designed to test the amenability of gold mineralization hosted in the Dunderberg (Candland) Shale at the Kinsley Mountain property to produce a saleable concentrate. The Dunderberg Shale was the primary host rock in the historical mining operation, and is the shallow host rock at the Western Flank. Previous concentrate testing of deeper Secret Canyon Shale-hosted gold mineralization produced up to 89.6% recovery and up to 312 g/t concentrate grade in metallurgical testing. The test work, initiated in March 2015, used the same flowsheet developed for mineralization hosted in the Secret Canyon Shale. Overall, these results indicate that the Dunderberg Shale material, like that from the Secret Canyon Shale, may be amenable to production of a concentrate. The results may be improved with further study of primary and regrind sizes and flowsheet refinements particular to the Dunderberg shale. Flotation testing of Dunderberg Shale-hosted mineralization was undertaken after analyses revealed a relatively coarse grain size for gold-bearing pyrites, relatively low sulfide sulfur concentrations and high gold to sulfide sulfur ratios (ranging from 2.3 to 2.6) when compared to typical Carlin-style sediment-hosted gold deposits. These data suggested that the mineralized material may be amenable to producing a concentrate of sufficient grade to support low cost on-site or off-site treatment, over more expensive whole ore treatment options such as roasting or autoclaving.

Pilot Gold Inc. to Report Results from the Initial 2015 Drill Program at the Kinsley Mountain Project in Eastern Nevada

Pilot Gold Inc. announced to report results from the initial 2015 drill program at the Kinsley Mountain Project in eastern Nevada. Drill results from an area approximately 150 meters northeast of the high-grade Western Flank intercepted high-grade gold in two key stratigraphic horizons, indicating the presence of a new mineralized zone that remains open to the east and west. Drill highlights include: 2.34 grams per tonne gold over 9.1 meters (Dunderberg shale host), and 3.46 g/t gold over 18.3 meters (Secret Canyon Shale host) in PK208 including; 13.7 g/t Au over 3.0 meters; 2.95 g/t Au over 13.7 meters (Secret Canyon Shale host) in PK210. The new intercepts are from the Dunderberg (Candland) Shale and the Secret Canyon Shale units which contain most of the known gold mineralization at Kinsley and are believed to underlie a significant portion of the Kinsley property.


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