Pilot Gold reports voting results from Annual and Special Meeting

May 12, 2014

VANCOUVER, B.C. – Pilot Gold Inc. (PLG - TSX) (“Pilot Gold” or the “Company”) is pleased to announce voting results from the Company’s Annual and Special Meeting of Shareholders held on Monday, May 12, 2014 (the “Meeting”). A total of 57,750,625 common shares were voted, representing the votes attached to 64.21% of all outstanding common shares. Shareholders voted in favour of maintaining the number of directors at six and for the election of all director nominees. The percentage of votes cast for each is as follows:

Shareholders also voted in favour of ratifying and approving the Company’s:

• Advance Notice Policy;

• Amended and restated Stock Option Plan;

• Restricted Share Unit Plan; and

• Deferred Share Unit Plan.

  PricewaterhouseCoopers LLP, Chartered Accountants, was also reappointed as auditor of the Company.

  Voting results are released in accordance with Toronto Stock Exchange requirements. Detailed voting results for the Meeting are available on SEDAR at www.sedar.com.

ABOUT PILOT GOLD

Pilot Gold is a well-funded gold exploration company led by a proven technical team that continues to discover and define high-quality projects featuring strong grades, meaningful size and mining-friendly addresses. Our three key assets include interests in the Kinsley project in Nevada and the TV Tower and Halilaga projects in Turkey, each of which has the ability to become a foundational asset. We also have a pipeline of projects characterized by large land positions and district-wide potential that can meet our growth needs for years to come.

For more information about the Meeting, visit www.pilotgold.com or contact:

John Wenger, Chief Financial Officer and Corporate Secretary

Phone: 604-632-4677 or Toll Free 1-877-632-4677

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Except for statements of historical fact relating to Pilot Gold Inc., certain information contained herein constitutes "forward-looking statements". Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as "expects", "anticipates", "plans", "believes", "considers", "intends", "targets", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could". The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Pilot Gold Inc.'s public filings, which may be accessed at www.sedar.com. Other than as specifically required by law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.