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LIBERTY GOLD CORP ORD (LGDTF) is a leading gold exploration and development company with a focus on projects in the United States. Through its Black Pine project, Liberty Gold is dedicated to discovering and developing high-grade gold deposits. With a transaction valuing the project at US$11.5 million, the company is making significant strides in the first quarter of 2024. Susie Bell, the Manager of Investor Relations, can be contacted for further information.
Liberty Gold Corp. announced promising results from its 2021 Reverse Circulation drill program at the Goldstrike Oxide Gold Project in Utah. The drilling, which involves 15,000 meters, aims to convert inferred resources to indicated and test open areas. Significant intercepts include 3.60 g/t Au over 15.2 m and 1.19 g/t Au over 39.6 m, demonstrating high-grade mineralization in both the Hamburg Pit and Beavertail areas. The ongoing drilling indicates potential to enhance resource quality in the project, supporting its economic viability at current gold prices.
Liberty Gold Corp. (LGDTF) announced a significant gold discovery at the Rangefront target on its Black Pine Oxide Gold deposit in Idaho, with impressive drill results from holes LBP356 and LBP358. These results include 0.91 g/t Au over 86.9 m and 1.23 g/t Au over 24.4 m, indicating strong mineralization. The discovery spans a 1,250 m gap in previously untested areas and opens further exploration potential, with plans to drill aggressively through 2021. This highlights the robust nature of Black Pine's gold system, despite being relatively untested.
Liberty Gold Corp. (LGDTF) has filed a National Instrument 43-101 Technical Report for its Black Pine Oxide Gold Property in Idaho, effective June 20, 2021. This report, prepared by independent qualified persons, outlines the updated resource estimate and is accessible on SEDAR and the company's website. The Black Pine project, a Carlin-style gold system, historically produced 435,000 ounces of gold from 1992 to 1997. Liberty Gold aims to explore and advance gold deposits in the Great Basin region, emphasizing the potential for profitable open-pit mining.
Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) reported its Q2 2021 financial and operational results on August 12, 2021. The company received a second payment of US$6.0 million from the sale of its 40% interest in the Halilağa project, totaling US$16.0 million to date. Liberty Gold has US$15.3 million in cash as of June 30, 2021, with expectations for an additional US$8.4 million by year-end. Highlights include a modern mineral resource estimate for Black Pine, with 1.715 million ounces of indicated gold at an average grade of 0.51 g/t and ongoing exploration programs.
Liberty Gold Corp. has announced its first independent resource estimate for the Black Pine Oxide Gold deposit in Idaho, revealing 1,715,000 ounces of indicated gold and 370,000 ounces of inferred gold. This estimate, effective May 1, 2021, highlights the potential for a large-scale, low-cost heap-leach project. Notably, 74% of the resources are concentrated in the Discovery Zone, with further drilling set to expand and upgrade the resource. The company has invested approximately US$18 million in the project, aiming for a Preliminary Economic Assessment (PEA) in Q3 2021.
Liberty Gold Corp. has appointed Jon Gilligan as Chief Operating Officer, effective July 16, 2021. With over 35 years of experience in international mining, Gilligan has held senior roles at Torex Gold and SSR Mining, where he was instrumental in various acquisitions and operational successes. His expertise in open-pit construction and project management will significantly enhance Liberty Gold’s capabilities. The company looks forward to leveraging his skills as they advance projects like Black Pine and Goldstrike, with key assessments expected in Q3 2021.
Liberty Gold Corp. held its Annual General Meeting on June 8, 2021, where 172,095,885 common shares were voted, representing 65.37% of all outstanding shares. All director nominees were elected with notable vote percentages: Cal Everett at 99.96%, Sean Tetzlaff at 99.79%, and Barbara Womersley at 99.88%. Additionally, PricewaterhouseCoopers LLP was reappointed as the company's auditor. Detailed results can be found on SEDAR. Liberty Gold focuses on gold exploration in the Great Basin of the U.S., targeting profitable open-pit mining opportunities.
Liberty Gold Corp. announced the filing of a National Instrument 43-101 Technical Report for the TV Tower Property in Western Turkey. The report, effective February 9, 2021, includes maiden resource estimates on five deposits, highlighting the project's potential for gold and copper resources. This Technical Report supports ongoing exploration efforts in a region known for its mineral wealth. The report is authored by independent Qualified Persons and is accessible on SEDAR and the company's website.
Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) has appointed Brian Martin as Vice President of Business Development. Martin, a mining finance expert with over 13 years in mergers and acquisitions, brings valuable expertise from his previous role at SSR Mining Inc. His extensive industry background and focus on large-scale oxide gold deposits are expected to enhance Liberty Gold's growth strategy. The company anticipates key milestones, including a resource estimate for the Black Pine project and a preliminary economic assessment, both due soon.
Liberty Gold Corp. (OTCQX:LGDTF) announced its financial results for Q1 2021, reporting an income of $4,978,000, a significant increase from $354,000 in Q1 2020. The company emphasized its ongoing commitment to advancing gold projects in the mining-friendly Great Basin region of the U.S. Highlights include positive metallurgical core drilling results at Black Pine, with gold grades reaching up to 3.39 g/t over 4.4 m. Additionally, Liberty Gold received approval for an amendment to its Plan of Operations, allowing for expanded drilling capabilities.