Pirate Gold Initiates 50,000 m Drilling Program and Launches New Video Series at Its Treasure Island Project
Newsfile·2025-12-04 13:00

Core Viewpoint - Pirate Gold Corp. has initiated a 50,000 metre diamond drilling program at its Treasure Island Project, which is located in central Newfoundland and spans over 80 km along the Valentine Lake fault zone, a newly recognized gold district in Canada [1][9]. Group 1: Drilling Program - The drilling program aims to expand high-grade zones and explore new regional structures, with two diamond drills currently active and a third rig expected to mobilize in early 2026 [6][7]. - The initial focus will be on expanding known high-grade zones, particularly the Moosehead zone, while also targeting new discoveries across the district-scale project [7]. Group 2: Exploration Strategy - The company emphasizes that significant discoveries will be made through drilling, leveraging a regional scale project that amalgamates multiple prospects across favorable geology [2]. - The exploration model is built on the scale of geology and opportunity, with a strong emphasis on communication to keep shareholders informed about the exploration process [8]. Group 3: Investor Engagement - A new corporate video series has been launched to engage shareholders, providing insights into the exploration process, including target generation and the significance of geological structures [3][4]. - The series aims to help investors understand the exploration efforts and how each drilling result contributes to the overall project narrative [4][8].