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Pirate Gold Continues Its Regional Consolidation of the Treasure Island Project and Provides Drilling Update

Expanded Treasure Island to over 90km of strike length through the acquisition of 113 additional...

articlePirate Gold CorpDecember 19, 20253/company/pirate-gold-corp/news/pirate-gold-continues-its-regional-consolidation-of-the-treasure-island-project-and-provides-drilling-update
Pirate Gold Continues Its Regional Consolidation of the Treasure Island Project and Provides Drilling Update

About this update from Pirate Gold Corp

[{"type":"text","content":"Pirate Gold Continues Its Regional Consolidation of the Treasure Island Project and Provides Drilling UpdateExpanded Treasure Island to over 90km of strike length through the acquisition of 113 additional mineral claims along the Valentine Lake Fault ZoneAdvanced the 50,000m drill program with two active rigs, early visual mineralization at Moosehead, and initial testing of regional geophysical targetsEpisode 2 of Pirate Gold Treasure Hunters now airing: https://youtu.be/JCqFsiE_9EoSt. John's, Newfoundland and Labrador--(Newsfile Corp. - December 19, 2025) - Pirate Gold Corp. (TSXV: YARR) (OTCQB: SICNF) (\"Pirate Gold\" or the \"Company\") is pleased to announce that it has added an additional 113 mineral claims to its wholly owned Treasure Island Project in central Newfoundland. The Treasure Island Project now covers over 90km of strike along the Valentine Lake Fault Zone in Canada's newest gold district. Drilling Program UpdateTwo diamond drills are currently active at the Treasure Island Project with a third drill anticipated to mobilize in early 2026One drill is focused on the expansion of the Moosehead Eastern and Western trends and has completed six holes to dateThe second drill rig is conducting regional exploration drilling localized within several kilometres of the Moosehead Zone and has completed two holes to dateInitial visual observations from completed drill holes are summarized below:Drill HoleTargetVisual ObservationsPGC-25-001MooseheadEasternTrendIntersected the Eastern Trend structural zone from 15 to 24m including a 15cm stylolitic quartz vein at 24m depth, mineralization consists of arsenopyrite, boulangerite, sphalerite and visible goldPGC-25-002MooseheadEasternTrendIntersected the Eastern Trend structural zone from 26m to 34m followed by a second structural zone from 45.5-46.5m which included a 20cm stylolitic quartz vein, mineralization consists of arsenopyrite, sphalerite and visible goldPGC-25-003MooseheadWesternTrendIntersected the Western Trend structural zone with structural intervals from 80m to 85m and 102 to 105m including stylolitic veins up to 10cm, mineralization consists of arsenopyrite, boulangerite and sphalerite PGC-25-004MooseheadWesternTrendIntersected the Western Trend structural zone from 65m to 69.5m including a 300cm brecciated and stylolitic quartz veined zone. Mineralization consists ...

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