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Pirate Gold Announces Initial High-Grade Results and Discovery of New Zone at Treasure Island
Initial six drill holes along the Moosehead Eastern and Western trends confirm the high-grade na...
About this update from Pirate Gold Corp
[{"type":"text","content":"Pirate Gold Announces Initial High-Grade Results and Discovery of New Zone at Treasure IslandInitial six drill holes along the Moosehead Eastern and Western trends confirm the high-grade nature of the vein structures, with five of six holes intersecting 5.6 - 51.2 g/t AuRegional Geophysical Target yields significant new zone with intervals of gold mineralization along a 77 meter down hole lengthEpisode 6 of Pirate Gold Treasure Hunters now airing: https://youtu.be/PB5bb8rB72sSt. John's, Newfoundland and Labrador--(Newsfile Corp. - February 27, 2026) - Pirate Gold Corp. (TSXV: YARR) (OTCQB: SICNF) (\"Pirate Gold\" or the \"Company\") is pleased to announce high-grade gold results from the Moosehead Zone and the discovery of a new gold zone at its Treasure Island Project in central Newfoundland. The Treasure Island project covers over 90 km of strike along the Valentine Lake Fault Zone in Canada's newest gold district. Moosehead Drilling Highlights:Drill Hole IDFrom (m)To (m)Length (m)Au (g/t)PGC-25-00123.7524.100.3520.47PGC-25-00246.0046.450.4542.48PGC-25-00466.4071.505.102.84Incl.68.0068.450.4524.80PGC-25-007119.40125.255.854.79Incl.119.40119.900.5051.20 Table 1 - Assay Highlights from Moosehead Zone *Downhole intervals reported, true widths estimated to be 80-90% of reported intervalsRegional Geophysical Drillhole Highlights: Drill Hole IDFrom (m)To (m)Length (m)Au (g/t)PGC-25-00643.4051.508.101.14Incl.45.6546.400.754.20PGC-25-00662.3063.301.001.72PGC-25-00675.7576.951.202.13PGC-25-00682.6083.450.851.49PGC-25-00696.5097.150.651.42PGC-25-006119.85120.851.002.27 Table 2 - Assay Highlights from Regional Geophysical Targets *Downhole intervals reported, true widths are unknown at this time\"This is a great start for the first eight drill holes of the program and it's good to see gold in the box this early. Hole PGC-25-006 is important, as it suggests Moosehead may be part of a broader mineralized system rather than an isolated zone. We are still in the early stages, but the combination of high-grade intercepts and new zone discovery gives us real confidence in the scale potential at Treasure Island. In exploration, sometimes you intersect broad zones and sometimes you intersect narrow high-grade veins that point you toward something much larger. Both are important, and these first holes confirm we have a gold-bearing syst...