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Liberty Gold Corp.
Summary
| Project: | Goldstrike | |
|---|---|---|
| Deposit: | Warrior, Aggie, Peg leg | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 6/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-6-2017: Liberty Gold Corp. announces an Exploration/Drilling Update report for its Warrior, Aggie, Peg leg deposit at the Goldstrike project. Drilling results incl. 50.3m @ 0.85g/t Au from 117.3m. VANCOUVER, B.C. – Liberty Gold Inc. (LGD - TSX) ("Libert | |
| 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 additional drill results from the Warrior and Aggie targets, as well as the Peg Leg target, all located within the larger Main Zone of the 100% controlled Goldstrike Project in southwestern Utah. The primary target is shallow Carlin-style, oxide gold mineralization within the 14 km2 “Historic Mine Trend”, between and down-dip of historic open pits. A third reverse circulation drill was mobilized to the property on May 31. Currently one drill is testing the historic Mineral Mountain target in the northwestern part of the property, and two drills are testing targets in the central and western portion of the Historic Mine Trend. Goldstrike is located in the eastern Great Basin, immediately adjacent to the Utah/Nevada border, and is a Carlinstyle gold system, similar in many ways to the prolific deposits located along Nevada’s Carlin trend. Like Kinsley Mountain and Newmont’s Long Canyon deposit, Goldstrike represents part of a growing number of Carlin-style gold systems located off the main Carlin and Cortez trends in underexplored parts of the Great Basin. The historic Goldstrike Mine operated from 1988 to 1994, with 209,000 ounces of gold produced from 12 shallow pits, at an average grade of 1.2 g/t Au. | |
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