Liberty Gold Corp (LGDTF)

[douginil]

Liberty Gold Extends the D-3 Zone to the Southeast: 1.01 g/t Au over 62.5 m, including 1.94 g/t Au over 25.9 m in LBP189 and 1.50 g/t Au over 27.4 m in LBP203

D-3 Zone Extended Eastward Below the D-1 Zone

November 10, 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 received from four, resulting in the D-1 Southeast Extension, D-1 Northwest Extension, D-3, and F Zone discoveries. Results from the M, Southwest Extension, J and CD targets are pending. Liberty Gold continues to define the D-1 and D-3 zones on 35 to 50metre (“m”) centres and test regional targets in a systematic manner.

“The D-3 Zone has grown from a single discovery hole to a well-established oxide gold zone in under 6 months,” said Cal Everett, President and CEO of Liberty Gold. “It now measures 400 m long in a north-south direction and extends at least 250 m in an east-west direction, extending under the historic B Pit and the D-1 Zone. Results continue to support the concept that the Black Pine mineralized system consists of a series of stacked high grade oxide gold zones separated by a halo of mineralized material above a projected 0.2 gram cutoff grade, in the 0.2 to 0.5 grams per tonne of gold (“g/t Au”) range. Definition drilling on tight drill centers will support a maiden, pit-constrained resource estimate to be completed in late Q1, 2021”.

Liberty Gold’s third high-grade oxide gold discovery (the “D-3 Zone”) continues to deliver multiple thick intervals of oxide gold mineralization. D-3 is approximately parallel to and lies to the west of and beneath the D-1 Zone in a stratigraphic unit that is modeled to underlie the southern two-thirds of the Black Pine gold system. This stratigraphic unit has only been tested in a few locations to date and is modeled to extend over an approximate 4.5 km2 area that is permitted to dril


Read more at:
https://libertygold.ca/images/news/2020/september/20-23_Black_Pine_6th_assays_FINAL.pdf