According to the company, the first holes drilled on the Hidden Treasure Target have intersected wide intervals of near surface oxide gold mineralization from a sub-horizontal zone that remains open in all directions.
True thickness of intercepts varies, but in most cases is believed to represent 70 to 80% of true thickness, as holes were angled across mineralized structures, Pilot Gold said.
The gold intercepts at Hidden Treasure are from a near-surface, sub-horizontal mineralized zone characterized by massive silicification, as well as a deeper, higher-grade, southwest-dipping zone.
The company said that all drill holes bottomed in strong chalcedonic alteration and quartz veining.
