High Desert Gold Completes Earn-In Option On Gold Springs 

VANCOUVER - Pilot Gold Inc. reported that High Desert Gold Corporation (HDG) has completed its earn-in option on the Gold Springs gold project on the Nevada-Utah border (Gold Springs). The Option and Earn-in Agreement dated January 10, 2010 called for HDG to incur $1 million in exploration expenditures and pay $160,000 to Pilot Gold. These obligations have been met, and a notice of completion confirming HDG's earn-in has been provided to, and acknowledged by Pilot Gold. Pilot Gold has elected to participate at a 40%-interest in a newly established jointly-owned company called Gold Springs LLC. On closing of the earn-in, and signing of an operating agreement, each company's respective interests in Gold Springs will be conveyed to Gold Springs LLC.

HDG has completed 16 RC holes totalling 1,569 metres and two diamond drill holes totalling 276 metres, together with a property-wide ZTEM geophysical survey at Gold Springs. Early assay results from RC drilling are expected to be available this month. We are pleased to be working with HDG to advance the Gold Springs property, says Matt Lennox-King, Pilot Gold's President and CEO. Together with our Brik, Easter and Stateline properties, Gold Springs provides the Company with a dominant position in the emerging Stateline District. The company's address is Suite 1650, 1055 West Hastings, Vancouver, BC? V6E 2E9, 604.632.4677, fax: 604.632.4678, email: [email protected].