| Announcement Date: | 2022-08-09 |
|---|---|
| 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. 25.9m @ 1.02g/t Au from 0.0m |
| 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 the results from a recently-completed sonic drilling program at the Goldstrike Oxide Gold Project in southwestern Utah (“Goldstrike”). The purpose of the program was to obtain material for metallurgical testing from the historic heap leach pads (“HHLP”), to determine how much gold remains and to what extent it can be recovered in a new heap leach mining operation. The program followed a 2018 reverse circulation (“RC”) drilling program, which indicated that considerable gold remains in the HHLP and in underlying backfill material. Liberty Gold completed 815 metres (“m”) of sonic drilling in 23 holes in the two leach pads making up the HHLP and in adjacent and underlying backfill areas. All holes returned at least 15 m true thickness of above reporting cut-off grade (0.15 grams per tonne gold “g/t Au”) oxide gold mineralization, with some holes in the thicker portions of the pads returning up to 44 m of continuous mineralization. |
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