Pilot Gold Announces Listing on the TSX
posted on
Apr 06, 2011 09:51PM
Nevada, northwestern Turkey, and Labrador
Gold exploration & development - advancing big deposits with production potential.
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 6, 2011) - Pilot Gold Inc. ("Pilot Gold" or the "Company") is pleased to report that the previously announced plan of arrangement involving the Company, Fronteer Gold Inc. ("Fronteer") and Newmont Mining Corporation (the "Arrangement") was completed effective April 6, 2011. As a result of the completion of the Arrangement, Pilot Gold became a reporting issuer in each of the provinces of Canada. The Toronto Stock Exchange (the "TSX") has approved the listing of the common shares of Pilot Gold and the Company expects that the Pilot Gold common shares will commence trading on Monday, April 11, 2011 under the stock symbol "PLG".
Pilot Gold owns, and will be engaged in, the exploration and potential development of 15 exploration properties previously held by Fronteer. These projects include Halilaga, an early-stage copper-gold porphyry deposit and TV Tower, a series of high-sulphidation gold systems, both located in northwestern Turkey. In Nevada, the Company's Regent project is a low sulphidation gold system with a historic, shallow gold deposit with potential for discovery of additional high-grade, vein-hosted mineralization.
Technical reports on Halilaga, TV Tower and Regent have been electronically filed with regulators concurrent with the filing of this news release and are available for viewing on the SEDAR website (
For further information with respect to the Arrangement, please refer to Fronteer Gold's Management Information Circular, dated March 2, 2011 and posted on SEDAR (
FOR FURTHER INFORMATION PLEASE CONTACT: Matt Lennox-King
Pilot Gold
President & CEO
604-632-4677 or Toll Free: 1-877-632-4677
ORPatrick Reid
Pilot Gold
VP Corporate Development
604-632-4677 or Toll Free: 1-877-632-4677
info@pilotgold.com