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Liberty Gold Corp.
Summary
| Project: | Goldstrike | |
|---|---|---|
| Deposit: | Dip Slope, Western, Peg Leg | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/16/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-10-2017: Liberty Gold Corp. announces an Exploration/Drilling Update report for its Dip Slope, Western, Peg Leg deposit at the Goldstrike project. Drilling results incl. 32.0m @ 1.22g/t Au from 76.2m. VANCOUVER, B.C. – Liberty Gold Inc. (LGD - TSX) ("L | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Moira Smith (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. – Liberty Gold Inc. (LGD - TSX) ("Liberty Gold" or the "Company") is pleased to announce initial drill results from the eastern portion of the Dip Slope zone and extends the mineralization at the Peg Leg and Western zones at the 100% controlled Goldstrike Oxide Gold Project in southwestern Utah. Throughout the Historic Mine Trend, the aggressive exploration program is focused on building continuity between the target areas and linking them together over large areas into continuous zones of mineralization. Cal Everett, President and CEO, commented, “Liberty Gold will continue to drill the Dip Slope, Main, Peg Leg and Western gold zones to year-end and will restart the multiple-drill program in midFebruary, 2018. On completion of a resource estimate, the Company intends to advance the property through to a Preliminary Economic Assessment decision while continuing to build ounces during this time period by drilling. Maintaining an active drill program gives us the opportunity for further resource estimate updates as the project is de-risked.” Liberty Gold is led by a proven technical and capital markets team that continues to discover and define high-quality assets. Our flagship property is the Goldstrike Oxide Gold Project in Utah. Liberty also has a pipeline of projects, including Black Pine in Idaho and Kinsley Mountain in Nevada, providing a solid platform for future growth. Over the past 5 years, there have been 8 new open-pit, heap leach gold mines built around the world and the management team and/or directors of Liberty Gold are responsible for discovering, developing and/or building two of them. Long Canyon in Nevada (Fronteer Gold) and Karma in Burkina Faso (True Gold) both reached commercial production in 2016. | |
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