Monday, December 3, 2012

December 3, 2012 - Traveling on business - One Headline

Hi, Today and tomorrow I'm traveling on business but did have time to check the markets. A sloooooow day for news. The only noteworthy press release is provided below for your review. See ya tomorrow! Pilot Gold Inc Symbol C : PLG Shares Issued 85,210,333 Close 2012-11-30 C$ 1.80 Pilot Gold drills 12 m of 193 g/t Au at TV Tower 2012-12-03 07:25 ET - News Release Dr. Moira Smith reports PILOT GOLD REPORTS 193 G/T GOLD OVER 12.0 METRES AT TV TOWER, TURKEY Pilot Gold Inc. has released assay results from eight new diamond drill holes from the 2012 program at the TV Tower project in Turkey continue to return long intervals of gold, silver and copper mineralization with areas of exceptionally high grades. Drill hole KCD-50 highlights the third consecutive set of strong assay results at the Kucukdag (KCD) target, returning 193 g/t gold, 9.8 g/t silver and 0.46% copper over 12.0 metres. Visible gold (see photo: http://media3.marketwire.com/docs/plg123_VG.jpg) was confirmed in several veins within this interval, which is located at a vertical depth of 100 metres from surface. "Our recent results reinforce that our drilling program is targeted and effective, and will help us further refine our drilling strategy to highlight high-potential targets going forward," said Moira Smith, Pilot Gold's Chief Geologist. "The location of the intercept and the near-perpendicular orientation of the gold-bearing veins relative to the hole orientation suggest this intercept may reflect true width of the zone. The intervals form part of a newly recognized stratiform zone of mineralization that may have significant dimensions."

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