Liberty Gold Corp (LGDTF)

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Liberty Gold Announces Infill Drill Results In The D-1 and D-3 Zones at Black Pine, Idaho: 1.41 g/t Au over 22.9 m and 1.51 g/t Au over 56.4 m including 2.36 g/t over 24.4 m in LBP206

December 2, 2020

High Cyanide Solubility Results in All Oxide Gold Grade Ranges Confirmed on a Project Scale

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 continues to define and expand the D-1 and D-3 zones on 35 to 50 metre (“m”) centres and test regional targets in a systematic manner.

A maiden resource estimate for Black Pine is anticipated for late Q-1 or early Q-2, 2021.

“Definition drilling in the D-1 and D-3 zones continues to deliver zones of high-grade oxide gold mineralization and reinforces 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 cut-off grade,” commented Moira Smith, VP Exploration and Geoscience. “The Black Pine oxide gold system covers a 14 square kilometer (“km2”) area, and where exposed at surface is marked by a 7+ km2, >50 ppb gold-in-soil anomaly which is likely the largest soil anomaly in the Great Basin that does not have a producing mine on it”.

Liberty Gold’s third high-grade oxide gold discovery (the “D-3 Zone”) continues to deliver multiple thick intervals of oxide gold mineralization. For example, drill hole LBP206 returned six reportable intervals (>0.2 grams per tonne (“g/t”) of gold (“Au”)  and >1 gram-metres) from 0 to 327.7 m, aggregating a drilled thickness of 114.4 m of above cut-off gold mineralization and 131.1 gram metres. LBP208 returned six reportable intervals from 4.6 to 368.8 m, aggregating a drilled thickness of 132.7 m of above cut-off gold mineralization and 103.0 gram-metres.


Read more at:
https://libertygold.ca/images/news/2020/december/20-25_Black_Pine_7th_assays_FINAL.pdf