New Discovery At Kinsley Mountain Project

VANCOUVER, BC - Pilot Gold Inc. reported 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 ("g/t") gold over 9.1 meters (Dunderberg shale host); 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; and 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.

"We are very excited to kick-off the 2015 program at Kinsley on a high note with the discovery of a new high-grade zone 150 meters northeast of the high-grade Western Flank Zone," stated Matt Lennox-King, President and CEO. "It is our belief that the Western Flank Zone is not an isolated occurrence and there is a high probability of ongoing discoveries at Kinsley. These results confirm our exploration model for the discovery of new areas of mineralization."