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Last C$0.59 CAD
Change Today -0.02 / -3.28%
Volume 107.9K
PLG On Other Exchanges
As of 3:54 PM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

pilot gold inc (PLG) Snapshot

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07/10/14 - C$1.77
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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. 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.

Pilot Gold Inc. Launches 20,000 Metre Drill Program at TV Tower

Pilot Gold Inc. reported the start of drilling at the company's 60%-owned TV Tower property in northwestern Turkey. Drilling started on June 13, 2015 and will be focused on advancing and delineating district scale copper-gold porphyry systems. A budget of $6.0 million with over 20,000 metres of diamond drilling is planned and funded pro-rata through a joint venture between Pilot Gold (60%) and Teck Madencilik Sanayi Ticaret A.S. (40%).

Pilot Gold Inc. Reports Earnings Results for the First Quarter Ended March 31, 2015

Pilot Gold Inc. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported loss for the period of $1.620 million compared to $2.152 million a year ago. Loss and comprehensive loss for the year was $5.954 million or $0.02 per basic and diluted share compared to $3.593 million or or $0.02 per basic and diluted share a year ago. The most significant contributors to the loss for the three months ended March 31, 2015 were non-cash stock based compensation ($0.49 million), and the cost of wages and benefits ($0.38 million).


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