Pilot Gold Enters Exploration Project Option Agreement
VANCOUVER, BC - Pilot Gold Inc. has signed an Option Agreement with Logan Resources Ltd (Logan) under which Logan may earn up to an 80% interest in up to four of its nine Great Basin Portfolio Properties. The Properties are located within the eastern Great Basin, in eastern Nevada and western Utah, and include the Drum, Griffon, Antelope, Sandy, Easter, Brik, Stateline, Viper, and Anchor gold properties.
Pilot Gold will continue to focus its own exploration efforts on its 100%-controlled Goldstrike oxide gold project in southwestern Utah, the 79%-controlled Kinsley oxide and high grade sulphide gold project in Nevada, the newly acquired 100%-owned Mineral Gulch oxide gold project in southern Idaho and the 100%-owned Baxter Springs low sulphidation epithermal gold-silver project in Nevada.