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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Pirate Gold Provides Crippleback Drilling Update, Appoints New CFO and Releases Episode 8 of Treasure Hunters

By The Northwire Desk — AI Analysis Apr 02, 2026 · 07:11 YARR · 0.22 Pirate Gold Corp.
YARR · Price

Executive Summary

  • Two drill holes (PGC‑26‑058 and PGC‑26‑064) are actively intersecting extensive zones of advanced argillic alteration, vuggy silicified mineralization, and pervasive pyrite mineralization at the Crippleback Lake target within the Treasure Island Project.
  • The alteration envelope now spans >1,700 m by 700 m with vertical depths exceeding 400 m, indicating a large‑scale system consistent with high‑sulphidation epithermal or copper porphyry mineralization.
  • Pirate Gold Corp. appointed Natalia Samartseva as Chief Financial Officer and Corporate Secretary effective April 1 2026; Eric Myung stepped down as CFO.

Key Details

  • Drill Hole PGC‑26‑058 (South side) – 122 m total length
  • 15–137 m: Vuggy, silicified volcanic rock with disseminated pyrite & muscovite alteration.
  • 137–247 m: Highly altered quartz monzonite; chlorite & montmorillonite alteration; pyrite mineralization.
  • 224.5–232.0 m: Veined zone of locally massive to semi‑massive pyrite.
  • 247–293 m: Phengite‑dominated volcanic sequence with disseminated pyrite and local chalcopyrite.
  • 293–395 m: Kaolinite‑dominated alteration in volcanic & felsic intrusive rocks; semi‑massive pyrite zone 343.0–349.5 m.
  • 395–562 m: Volcanic sequence with muscovite‑phengite alteration, disseminated pyrite.

  • 562–602 m: Highly silicified monzonite & volcanic sequence; pyrite stringers.

  • Drill Hole PGC‑26‑064 (North side) – 422 m total length (ongoing)

  • 0–107 m: Quartz monzonite with chlorite alteration and disseminated pyrite.
  • 107–197 m: Silicified, vuggy volcanic & intrusive sequences; muscovite & kaolinite alteration; pyrite stringers/disseminations.
  • 197–215 m: Clay‑altered volcanic rocks dominated by pyrophyllite; local vugs with pyrite mineralization.
  • 215–295 m: Clay‑altered volcanic rock, vuggy textures, muscovite & kaolinite alteration; disseminated/stringer pyrite.
  • 295–349 m: Volcanic sequence heavily altered with pyrophyllite and disseminated pyrite.

  • 349–422 m: Monzonite with phengite & montmorillonite alteration; semi‑massive pyrite stringers/disseminations.

  • Alteration Footprint – Extends >1,700 m (length) × 700 m (width); vertical depth >400 m.

  • Assays – Samples have been submitted to the laboratory; results pending.

  • Exploration Outlook – Several additional holes planned in this phase before shifting focus to orogenic potential at Crippleback.

  • Corporate Update – Natalia Samartseva appointed CFO & Corporate Secretary (effective 2026‑04‑01).

  • CPA with >15 years experience in public company reporting, IFRS, internal controls, and mining finance.

  • Eric Myung stepped down as CFO; Board expressed gratitude for his contributions.

  • Media Tie‑in – Episode 8 of “Pirate Gold Treasure Hunters” released, highlighting the drilling campaign at Crippleback and other project activities.

Notable Quotes

“Preliminary observations from drilling at Crippleback have shown the alteration envelope has an extensive footprint now exceeding 1,700 m in length and 700 m in width at vertical depths exceeding 400 m… The vuggy silica textures encountered in both holes with pyrite mineralization throughout both drill holes are certainly encouraging.” – Greg Matheson, VP Exploration

Materiality Assessment: Non‑Material – Positive (early‑stage exploration results that are encouraging but not yet quantified financially).

Read the original news release →

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