Pilot Gold Inc. announced that step-out core drilling along the north, south and northwest margins of the KCD target at TV Tower in western Turkey returned strong results and extend the zone of high-grade gold mineralization. Drill highlights include: 14.9 grams per tonne (g/t) gold (Au) over 14.1 metres in KCD-79, including; 21.4 g/t Au over 8.6 metres; 2.74 g/t Au over 35.1 metres in KCD-78, including; 6.17 g/t Au over 12.7 metres; 1.56 g/t Au over 18.0 metres and 1.17 g/t Au over 13.0 metres in KCD-76; 5.42 g/t Au over 5.5 metres in KCD-74, including; and 24.2 g/t Au over 1.0 metre. Hole KCD-79 was drilled along the northern edge of the gold zone at the KCD target, and confirms the presence of high-grade gold approximately 50 metres east-northeast of an intercept in hole KCD-05 (1.99 g/t Au over 55 metres, including 5.15 g/t Au over 4.5 metres) and 120 metres north-northeast and down-dip of an intercept in KCD-50 (193 g/t Au over 12 metres).

Holes KCD-76 and KCD-78 were drilled up-dip and to the south of previously released holes KCD-63 (2.37 g/t Au over 33.7 metres) and KCD-49 (11.63 g/t Au over 32.5 metres), respectively, representing step-outs of approximately 25 metres. These results, in turn, suggest that mineralization extends to the surface another 25 to 50 metres up-dip to the south, where high-grade rock chip samples were obtained from outcrop in previous surface programs. The intercept in KCD-74 is located 70-metres west-northwest and 70 metres north of previously reported intercepts, leaving significant room for expansion up-dip, down-dip and to the west and northwest in an area of little previous drilling. The drill results form part of an aggressive first-year exploration program consisting of 16,000 metres of diamond core drilling, property-wide airborne magnetic/EM geophysics and ongoing surface mapping and geochemical sampling.

Approximately 11,558 metres in 58 holes at KCD have been completed, with assays pending for 21 holes. Drilling in the near-term will continue to focus on infill and step-out drilling in the KCD target area, followed by systematic testing of other high-priority targets in early 2013. All true widths are 50-100% of reported widths unless otherwise stated.

All intervals of no sampling have been assigned zero grade for the purposes of compositing.