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Liberty Gold Corp.

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Summary

Project:

Black Pine

Deposit:Discovery 2
Location:United States
Commodities:Gold
Date:9/12/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:12-9-2019: Liberty Gold Corp. announces an Exploration/Drilling Update report for its Discovery 2 deposit at the Black Pine project. Drilling results incl. 53.3m @ 4.39g/t Au from 208.8m. VANCOUVER, B.C. – Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or t
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 ongoing drilling at Black Pine in southern Idaho is starting to define a second, highgrade zone of oxide gold mineralization (Discovery 2) subparallel to and 250 metres (“m”) northeast of Discovery 1 (see May 29 July 15 and July 31, 2019 Press Releases). The new drill results represent some of the longest and highest-grade intercepts ever drilled on the property. Discovery 2 was announced on July 15, 2019 with the release of LBP023, which returned 1.78 grams per tonne gold (“g/t Au”) over 48.8 m, including 4.72 g/t Au over 15.2 m. With the current release, a total of eight reverse circulation (“RC”) holes have been released for the Discovery 2 zone, with assay results pending for an additional 10 holes. The released holes cover an area with dimensions of approximately 250 m x 50 m; by analogy with the 1 kilometre-long Discovery 1 zone, as well as similar visual characteristics in pending holes, Liberty Gold believes that this represents a small portion of the total strike length of the Discovery 2 zone. The two zones are projected to converge near the northern margin of the historic B Pit, which had an average mined grade of 1.38 g/t Au.

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