PLG:TSX

Pilot Gold Inc.

Pilot Gold Inc. is a gold exploration company led by a proven technical team that continues to discover and define high-quality projects featuring strong grades and meaningful size in mining-friendly addresses. Its three key assets include interests in the TV Tower and Halilaga projects in Turkey, and the Kinsley Mountain project in Nevada, each of which has the ability to become a foundational asset. Pilot Gold also has a pipeline of projects with large land positions and district-wide potential that can meet its growth needs for years to come.

Expert Comments:

Tara Hassan, Haywood Securities (6/23/15)
"Pilot Gold Inc. announced results from the initial 2015 drill program at the Kinsley Mountain project in eastern Nevada. The latest results intercepted high-grade gold in two key stratigraphic horizons, indicating the presence of a new mineralized zone that remains open to the east and the west. . .we continue to view there to be attractive upside at Kinsley."

Charlotte McLeod, Resource Investing News (6/23/15)
"Tuesday was a good day for Pilot Gold Inc. and Nevada Sunrise Gold Corp. The companies released initial drill results for their 2015 drill program at the Nevada-based Kinsley Mountain project, noting they've discovered a new zone. . .highlights include 2.34 g/t gold over 9.1m and 3.46 g/t gold over 18.3m, including 13.7 g/t gold over 3m in hole PK208. Another highlight is hole PK210, which returned 2.95 g/t gold over 13.7m. . .the current exploration program at Kinsley Mountain started in March and. . . will include up to 10,000m reverse-circulation drilling and 1,000m diamond drilling. So far, 4,300m have been drilled."

"Pilot Gold Inc. is part of the Oxygen Capital Group. This is the management team that was at Fronteer Gold when that company was taken out by Newmont Mining for about $2.3B. This is a technical team that based its initial success on a geological concept in Nevada that proved to be incredibly accurate. Now that team is attempting to replicate that model at a new project in Nevada called Kinsley Mountain. Pilot is finding gold in stratigraphic horizons that others thought were barren. It's not just gold—it's high-grade gold in Nevada. There's no resource estimate yet but the company is doing a lot of drilling. Pilot also has two projects in Turkey, which is a fantastic mining jurisdiction. They're both joint ventured with Teck Resources. Pilot owns 60% of TV Tower, an early-stage project with three large copper-gold porphyries, as well as some silver. Pilot's other project is Halilağa, which has a PEA with some solid numbers. Pilot and Teck are shopping that project and it could put some cash in the bank. If they can't find a buyer now, they'll find a buyer later. . .if Pilot has good success in Nevada this year there's definitely the possibility that Pilot would turn into two companies. That's certainly not a downside for investors. That would mean that you would have two cards to play. . .Pilot Gold is worth more than $0.70 right now. It's somewhat difficult to pin numbers to Pilot because it does not have a resource defined at Kinsley Mountain or a fully defined resource at TV Tower. But in my opinion it's quite significantly undervalued." read more >

Gwen Preston, Resource Maven (6/5/15)
"Delineating high-grade gold in Nevada while outlining three new copper-gold porphyries in Turkey is enough to make the market pay attention even when explorers are out of favor. Add to that a revamped plan for its other Turkish asset that cut costs and improved returns and you have a company with too many good projects and people to ignore. Watch now for Pilot Gold Inc. and joint-venture partner Teck Resources Limited to ink a deal on Halilaga, which would put more money into an already comfortable account."

Brent Cook, Exploration Insights (5/31/15)
"Pilot Gold Inc. will be exploring the Kinsley Mountain project and Goldstrike property this summer. . .the company thinks the mineralization at Goldstrike extends downward into the carbonates and will be exploring the property in a quest for Carlin-type mineralization."

"Pilot Gold Inc. is a favorite in Nevada. What I like most about Pilot is that it has about $17M, or about CA$0.20/share, in working capital. It's a well-financed group that seems to be hitting the right targets. It owns 79% of the Kinsley Mountain gold project in Nevada. This year Pilot will explore the northern part of Kinsley Mountain in order to find more high-grade, Carlin-style mineralization. It has budgeted $2–2.5M for about 11km of drilling. We should see a maiden resource estimate early next year and my calculations suggest there should be about 1.1–1.3 Moz gold there. . .Pilot Gold's assets in Turkey are great but they are in a joint venture with Teck Resources Ltd., which limits some possibilities. Even though Pilot Gold has made a major silver discovery and has a lot of copper and gold there, it could prevent a potential suitor from acquiring Pilot Gold because it could not own the project outright. Perhaps a third party will buy both Pilot Gold and Teck's interests or maybe Teck will consolidate the area." read more >

More Expert Comments

Experts Commenting on This Company

Doug Casey, CEO / Chair – Casey Research
Jeff Clark, Senior Editor – Casey Research
Brent Cook, Analyst, Geologist Exploration Insights
Vivien Diniz, Author Resource Investing News
Oliver Gross, Chief Editor and Analyst Der Rohstoff-Anleger
Tara Hassan, Analyst – Haywood Securities
Wayne Hewgill, Analyst – Mackie Research Capital
Frank Holmes, Chairman – U.S. Global Investors
Tommy Humphreys, Author – CEO.CA
Louis James, Analyst – Casey Research
Jeff Killeen, Analyst – CIBC World Markets
James Kwantes Resource Opportunities
Pierre Lassonde, President – Franco-Nevada Corp.
Thibaut Lepouttre, Editor Caesars Report
Kevin MacKenzie, Analyst – Salman Partners
Bob Moriarty, Author 321 Energy , 321 Gold
Shane Nagle, Analyst – National Bank Financial
Gwen Preston, Founder – Resource Maven
Dan Rollins, Analyst – RBC Capital Markets
Rick Rule, Chairman – Sprott Global Resource Investments Ltd.

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
Proven management & technical team from Fronteer Gold
 
Project creation in Nevada & Turkey with numerous discoveries in 2014
 
Strong balance sheet with $20 million in the treasury
catalyst Calendar
Pilot Gold Inc. Content