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Liberty Gold Corp.

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Summary

Project:

Black Pine

Deposit:Black Pine
Location:United States
Commodities:Gold
Date:6/23/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-6-2020: Liberty Gold Corp. announces an Exploration/Drilling Update report for its Black Pine deposit at the Black Pine project. Drilling results incl. 33.5m @ 1.98g/t Au from 224m. Three holes in this release targeted, and confirmed, the presence of s
Resources:x
CP/QP:[Overall Report] Moira Smith (Internal)
ABSTRACT:Three holes in this release targeted, and confirmed, the presence of shallow oxide gold mineralization in a 400 m-long, untested gap between the south end of the historic B Pit and the historic Tallman Pit. This extends the 1 kilometre (“km”)-long D-1 zone an additional 0.5 km to the southeast. Additional drilling is planned for this area to further drill off the gold mineralization. Four holes were drilled into gaps in the drilling pattern at the southwest end of the D-2 zone and transitional into the D-1 zone. All holes returned significant intervals of oxide gold, including multiple intervals grading greater than 1 g/t Au in LBP111. LBP115 tested the D-1 zone along the projected trend of D-2, extending mineralization an additional 40 m to the southwest. RC drilling is ongoing at Black Pine, with three drill rigs currently operating, testing new targets and expanding on the focused drilling carried out in 2019 over much of the 7.3 km2 permit area. In addition to drilling, Liberty Gold is expanding the permit area to include an additional 4.6 km2. Metallurgical column testing is ongoing, with a second metallurgical release from core sampling expected in Q3.

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