Pilot Gold Inc. reported that infill drilling from holes to the southeast and down-dip to the northeast of KCD-50 returned significant intervals of
high-grade gold, including one interval containing visible gold. Drill highlights include: 6.59 g/t gold (Au) over 34.2 metres in KCD-80, including 42.0 g/t Au over 3.7 metres; and 9.58 g/t Au over 4.5 metres. 2.83 g/t Au over 32.0 metres in KCD-85, including 7.20 g/t Au over 10.6 metres. 7.08 g/t Au over 17.0 metres in KCD-72, including 86.0 g/t Au over 1.3 metres. Core holes KCD-80, KCD-83 and KCD-85 were fanned from a single drill pad located approximately 25 metres. southeast of KCD-50, which returned 12.0 metres averaging 193 g/t gold. The results suggest that a zone of high gold grades extends continuously from KCD-50 southeast to join strong intercepts such as KCD-39 (5.94 g/t Au over 137.1 metres) over a total distance of more than 100 metres. The intercept from KCD-72 contains visible gold. The hole was drilled from the same pad as KCD-50, and extends high-grade gold mineralization down-dip approximately 25 metres to the northeast. 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 12,180 metres in 61 holes at KCD have been completed, with assays pending for 20 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 throughout 2013.