Tuesday, September 29, 2020 7:38:10 PM
Drilling Resumes at TV Tower in Turkey, Targeting Columbaz Au-Cu Porphyry
29 September 2020
VANCOUVER, B.C. – Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or the “Company”) is pleased to announce additional reverse circulation (“RC”) drill results from the 2020 drill program at its Carlin-style Black Pine oxide gold property in southern Idaho, USA (“Black Pine”). Liberty Gold identified nine regional oxide gold targets over a 7.3 square kilometre (“km2”) permit area. To date, six targets have been tested, with assay results back from four, resulting in the D-1 Southeast Extension, D-1 Northwest Extension, D-3, and F Zone discoveries.
“We continue to identify additional areas of oxide gold in our regional drilling program at Black Pine, with every target to date returning encouraging results and discoveries,” comments Cal Everett, President and CEO of Liberty Gold. “Following the successful sale of our 40% interest in the Halilaga porphyry gold – copper (“Au-Cu”) deposit in Turkey, Liberty Gold is assessing options with respect to how to crystallize value in our 60% ownership interest in the TV Tower project, located 13 km to the northwest of Halilaga. We are pleased to announce the resumption of drilling at TV Tower after a five-year exploration hiatus. We are testing a large Au-Cu porphyry target last drilled in 2014 which returned 499.1 metres grading 0.36 grams per tonne gold and 0.13% copper*. Core photographs from the first hole are shown in this release, a second hole is in progress. This is a limited budget drill test of a single target.”
Read more at:
https://libertygold.ca/news/2020-news/390-liberty-gold-extends-the-d-1-zone-to-the-northwest,-including-1-02-g-t-au-over-24-4-m-in-lbp179-and-1-18-g-t-au-over-16-8-m-in-lbp173.html
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