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Pilot Gold initiates infill, step-out drilling at Goldstrike project in Utah

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Pilot Gold initiates infill, step-out drilling at Goldstrike project in Utah

said March 23 that it hasstarted infill and step-out drilling on the 7-kilometer-long historic mine trendon the company's Goldstrikegold project in southwestern Utah, focusing on Carlin-style shallow oxide gold mineralization.

The objectiveof the program is to target unmined and/or undrilled areas between and around historicpits, and to test downdip to the north of the historic mine trend into areas wheregold has been confirmed but not systematically drilled off.

The holes willaverage approximately 150 meters in length, with up to 20 holes drilled per month.At least 100 drill holes are covered in the initial phase of the drill budget.

Pilot Gold intendsto advance the Goldstrike project to a resource estimate by year-end by incorporatingnew and historical reverse circulation drill hole data over the area.

The companyacquired the Goldstrikeproject as part of its takeover of CadillacMining Corp. in August 2014.