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Liberty Gold Corp.
Summary
| Project: | Black Pine | |
|---|---|---|
| Deposit: | Black Pine | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 7/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-7-2019: Liberty Gold Corp. announces an Exploration/Drilling Update report for its Black Pine deposit at the Black Pine project. Drilling results incl. 48.8m @ 1.78g/t Au from 204.2m. VANCOUVER, B.C. – Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Moira Smith (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. – Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or the “Company”) is pleased to announce that new drilling at Black Pine in southern Idaho has successfully intersected another thick zone of high grade oxide gold mineralization, expanding the size and potential of this Carlin– style gold system. This second discovery intercept of 1.78 grams per tonne gold (“g/t Au”) over 48.8 metres (“m”) in drill hole LBP023 is located beneath the limit of historical drilling approximately 240 m to the northeast of drill hole LBP021, which returned 1.78 g/t Au over 47.2 m, as reported in the June 19, 2019 press release. Drill hole LBP023 is the first hole targeting a 500 m-wide gap between the kilometer (“km”)-long northwest-trending corridor of gold mineralization reported in the press release referenced above, and a high-grade zone of gold mineralization below a historic pit to the east. The drilling confirms that high grade oxide gold mineralization is present in the gap area, with the intercept located only 65 m below the floor of the pit. The true significance of this discovery in terms of size and grade awaits the results of further drilling and assaying. The current interpretation is that this discovery may be the first drill hole in a second, parallel, high-grade, gold-bearing structural corridor crossing a favorable, near-horizontal stratigraphic unit. There is no drilling between the two trends and the alternate possibility exists that they may be part of one larger zone. | |
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