Announcement Date: 2022-01-11
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Liberty Gold Corp.
Project name: Goldstrike
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 59.4m @ 0.94g/t Au from 33.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, B.C. – Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce additional results from the recently completed 2021 Reverse Circulation (“RC”) drill program at the Goldstrike Oxide Gold Project in southwestern Utah (“Goldstrike”). This news release includes resource conversion drilling in the Main Zone which hosts greater than 75% of the current resource. This drilling further confirms two key features of the Goldstrike deposit: firstly, mineralization is near surface, emphasising the low strip nature of the orebody and secondly, the predictable lateral continuity of well-mineralized, high-grade corridors in the Main Zone, building confidence in the resource modeling of gold distribution in this area. Additionally, step-out drilling in the Dip Slope Zone along the northern edge of the Main Zone, has delineated a significant down-dip extension of the shallow, mineralized zone, demonstrating further growth potential of the depositin this area.
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