| Announcement Date: | 2022-11-08 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Liberty Gold Corp. |
| Project name: | Black Pine |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 57.9m at 1.4g/t Au from 76.2m |
| 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 report Reverse Circulation (“RC”) drill results from the M Zone at its Black Pine oxide gold project in southeastern Idaho. These results are part of an ongoing 65,000 metre (“m”) drill program at Black Pine designed to Three RC rigs are currently drilling on the property, focused on the Rangefront Zone, M Zone and the Section 36 area (recently permitted). These efforts will continue through the end of the year, and we expect to drill through the winter months, subject to weather conditions, to maximize drill metres in the lower elevation areas at Black Pine. The geological model will be updated progressively over the remainder of 2022, with a new mineral resource estimate to be released in Q1 2023. “Drilling in the M Zone is part of a focused strategy to deliver a readily permittable, low initial capex, high rate of return oxide gold mining project at Black Pine. We achieve this in part by the merging of multiple smaller resource pits into fewer, larger |
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