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Liberty Gold Announces Maiden Resource Estimates for Five Gold and Copper Deposits at the TV Tower Project, Turkey
VANCOUVER, British Columbia, April 06, 2021 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the "Company") is pleased to announ
About this update from Liberty Gold Corp
[{"type":"text","content":" VANCOUVER, British Columbia, April 06, 2021 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (\"Liberty Gold\" or the \"Company\") is pleased to announce maiden independent Mineral Resource Estimates at its 92 square kilometer (“km2”), 62.9% owned and operated TV Tower Property (“TV Tower” or “the Property”) in western Turkey. The resources encompass two primarily gold oxide deposits and three primarily gold-copper porphyry deposits. On a gold equivalent basis, these estimates more than triple the existing resource base at TV Tower, adding to that previously estimated for the KCD gold-silver-copper (“Au-Ag-Cu”) deposit, the third largest silver deposit in Turkey1. In addition, the TV Tower Property contains a large number of undrilled gold, copper and silver targets. All dollar amounts are in US dollars. The TV Tower Property is located in the Biga Peninsula, home to numerous epithermal gold and silver and gold-copper porphyry deposits, mines and development projects. The project is road accessible year-round and close to power generation facilities and deep-water ports. Table 1 is a summary of the mineral resource endowment for the TV Tower Property, with an additional breakdown of resource subsets in subsequent tables. The TV Tower Property is divided into South (“South TVT”) and North (“North TVT”) resource areas. The South TVT resource area contains four geographically separate deposits (Kayalı and Yumrudağ oxide gold deposits and Hilltop and Valley Au-Cu porphyry deposits), all located within a 4 km2 area. The North TVT resource area, located approximately 7 km north of the South TVT resource area, hosts two deposits: the Columbaz Au-Cu porphyry and the Küçükdağ high sulphidation epithermal (“HSE”) Au-Ag-Cu deposit (“North TVT KCD”). The former is comprised of two resource zones based on mineralogy and anticipated milling technique: North TVT Au-Cu Porphyry and North TVT Oxidized Porphyry. KCD was the subject of a 2014 resource estimate that is still current. All deposits are open for extension laterally and to depth. For maps and sections of the TV Tower Property and resource areas, please click here:https://libertygold.ca/images/news/2021/April/TVTower_NR040621MapandCS.pdf PDF.js viewer Thumbnails Document Outline Attachments Layers Current Outline Item Previous Next Highlight All Match Case Matc...