Welcome to our dedicated page for Liberty Gold news (Ticker: LGDTF), a resource for investors and traders seeking the latest updates and insights on Liberty Gold stock.
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. (TSX: LGD; OTCQX: LGDTF) announced the results of its Annual General Meeting held on June 9, 2022. With 201,073,785 shares voted, representing 63.63% of outstanding shares, all director nominees were approved, including Dr. Mark O'Dea with 94.30% support. Donald McInnes did not stand for re-election. Additionally, PricewaterhouseCoopers was reappointed as auditor. The company also noted that Vice President Brian Martin will leave on June 17, 2022, for another opportunity in the gold sector. Details are available on SEDAR.
Liberty Gold Corp. (LGDTF) announces the final results from its winter drill program at the Black Pine oxide gold deposit in Idaho. The report includes significant findings from 19 reverse circulation (RC) holes and one core hole, specifically LBP511CA, which returned 1.38 g/t Au over 100.4 m, marking one of the highest intercepts to date. The exploration extends the Rangefront Focus Area (RFA) mineralization, which remains open, particularly to the north and east. Future drilling is planned to further explore new targets and expand resource estimates.
Liberty Gold Corp. (OTCQX:LGDTF) has successfully completed the sale of a 79.9% interest in the Kinsley Mountain gold project to CopAur Minerals for a total of US$2.5 million. This amount is split evenly between cash and shares. Liberty Gold now holds 5,207,493 shares of CopAur, representing 10.23% of its outstanding shares. Additionally, Liberty retains a 1% Net Smelter Return Royalty on Kinsley. The funds are part of Liberty's strategy to re-deploy capital towards advancing its Black Pine and Goldstrike gold projects in the Great Basin.
Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) reported its Q1 2022 financial results, highlighting a net loss of $8 million. The company closed a bought deal financing raising C$30 million, strengthening its liquidity with $33.9 million in cash by March 31, 2022. Key operational achievements include significant drill results from the Black Pine and Goldstrike projects, indicating strong mineralization potential. The drilling at Black Pine has revealed a high-grade core zone, while Goldstrike has confirmed continuity in high-grade gold mineralization.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) reports positive results from its 2022 winter drill program at the M Zone and updates from the Discovery Zone at the Black Pine oxide gold deposit in Idaho. Drilling in the M Zone identified high-grade oxide gold mineralization at shallow depths, enhancing the potential for heap leach infrastructure. Results indicate a significant expansion of resource areas, aiming to merge smaller pits into a larger deposit. The company plans to complete approximately 150,000 more meters of drilling throughout the year, with updates anticipated in late 2022.
Liberty Gold Corp. announced promising results from its 2022 winter drilling program at the Black Pine oxide gold deposit in Idaho. Notable intersections included LBP554 with 1.49 g/t Au over 54.9 m and LBP565 with 0.34 g/t Au over 115.8 m. The drilling expanded the high-grade core zone to approximately 500 m by 1 km, with mineralization trends migrating closer to the surface. A total of 42 holes were drilled, with ongoing exploration supported by a recent C$30M financing. The program aims for resource expansion and an updated resource estimate later in 2022.
Liberty Gold Corp (LGDTF) reported its fiscal year 2021 results, showing a net loss of $29.7M compared to a profit of $7.5M in 2020. The company's strong cash position stands at $34.7M, bolstered by non-dilutive payments expected later in 2022. Liberty plans an aggressive 110,000m drill program across its Black Pine and Goldstrike projects, focusing on resource expansion and new discoveries. The 2022 budget allocates $19M for Black Pine and $9.5M for Goldstrike, with aims of advancing towards pre-feasibility studies in 2023.
Liberty Gold Corp. (OTCQX: LGDTF) announced final results from its 2021 reverse circulation drilling at the Rangefront Focus Area (RFA) of the Black Pine oxide gold deposit in Idaho. Highlighted results include LBP514 with 0.98 g/t Au over 85.3 m. The high-grade core zone has expanded to 300 x 750 m, now open for further extension. The 2022 program sees continued drilling aimed at resource estimation and metallurgical testing. Liberty Gold estimates a geological potential of 3 to 5 million ounces of gold at Black Pine.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announces positive results from its 2021 drilling program at the Goldstrike Oxide Gold Project in Utah. The drilling comprised 15,574 meters across 108 holes, upgrading resource classifications and confirming high-grade gold mineralization in previously undrilled areas. Key findings include 0.61 g/t Au over 50.3 meters and 1.03 g/t Au over 18.3 meters. A new oxide gold zone was identified, with drilling to resume in March 2022, focusing on resource upgrades and expansion.
Liberty Gold Corp. (OTCQX: LGDTF) has secured over 2,300 acre-feet of water rights for its Black Pine project, enhancing process water supply capabilities. Additionally, the company acquired a mineral rights lease for 2.6 km2 near the deposit, offering exploration and infrastructure potential. Preliminary studies indicate the water supply supports a ~70,000 tonnes per day heap leach operation. Liberty Gold's total land holdings at Black Pine now stand at 51.6 km2. These developments significantly mitigate project risks and support future mining operations.