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Liberty Gold Announces Initial Assay Results from Rangefront Step-out Exploration Drilling at Black Pine Oxide Gold Project, Idaho
1.44 g/t Au over 30.5 m including 3.25 g/t Au over 9.1 m 0.61 g/t Au over 77.7 m including 2.15 g/t Au over 4.6 m VANCOUVER, British Columbia, Dec. 04, 2024 (GL
About this update from Liberty Gold Corp
[{"type":"text","content":" 1.44 g/t Au over 30.5 m including 3.25 g/t Au over 9.1 m 0.61 g/t Au over 77.7 m including 2.15 g/t Au over 4.6 m VANCOUVER, British Columbia, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”) is pleased to report initial assay results from the 2024 reverse circulation (“RC”) exploration drill program at its Black Pine Oxide Gold Project (“Black Pine”) in southeastern Idaho. These results are from step-out drilling around the Rangefront deposit area, one of seven key targets defined in the expanded exploration permit area at Black Pine (see press release dated June 11, 2024). This first phase of feasibility drilling at Rangefront is targeting zones of open oxide gold mineralization in all directions from the main deposit area, as well as upgrading zones of inferred resources to the indicated category. KEY POINTS Results from drilling have significantly expanded the footprint of the mineralized zone at Rangefront to the east, west and north. Drilling has also discovered a new shallow zone of oxide mineralization, this zone represents the highest grade thickness drilled in upper plate rocks at Rangefront to date. See Figure 1 below. Mineralization at Rangefront remains open and will be targeted in additional drilling starting in 2025. FIGURE 1: RANGEFRONT ZONE CROSS SECTION RANGEFRONT Assays from the first 11 drill holes received from the western margin of Rangefront confirm that the known zone of oxide mineralization remains open to the west, with strong gold grades and good cyanide solubility similar to that seen throughout the Rangefront zone. These results have extended the western Rangefront mineralization over an area of approximately 250 meters (“m”) north-south and 130 m east-west. Importantly, 2024 drilling has defined a new, near-surface zone of higher-grade oxide gold mineralization in what was previously classified in the Black Pine Preliminary Feasibility Study1 (“PFS”) as non-mineralized material and treated as waste rock in the PFS mine plan (“Mine Plan”). This zone is open to the west and east extending back into the reserve pit area. It is anticipated that a conversion of this area into the mineral resource would have a positive impact on the Mine Plan. The 2024 drilling has now concluded, and results are pending from an additional twelve drill holes in ...