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Liberty Gold Announces Results from Metallurgical Core Drilling at Black Pine, Idaho - 3.32 g/t Au over 47.4 m Including 12.5 g/t over 5.8 m in LBP214C
Infill Core Drilling Strengthens Oxide Gold Model and Initiates Phase 3 Metallurgical Testing VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Lib
About this update from Liberty Gold Corp
[{"type":"text","content":" Infill Core Drilling Strengthens Oxide Gold Model and Initiates Phase 3 Metallurgical Testing VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or the “Company”) is pleased to announce drill results from five large diameter core holes at its Carlin-style Black Pine oxide gold property (“Black Pine”) in southern Idaho, USA. An additional five holes are pending. Highlights include: 3.32 grams per tonne (“g/t”) gold (“Au”) over 47.4 metres (“m”), including 12.5 g/t Au over 5.8 m in LBP214C 3.62 g/t Au over 8.1 m and 1.27 g/t Au over 54.2 m, including 2.51 g/t Au over 17.0 m in LBP222C 1.12 g/t Au over 13.4 m and 3.16 g/t Au over 32.0 m in LBP207C 1.44 g/t Au over 16.5 m and 1.36 g/t Au over 15.2 m and 1.23 g/t Au over 7.6 m in LBP197C The core holes will support Phase 3 metallurgical column testing over a larger area, including the CD and E historic pits, and will encompass more potential ore types than Phase 2 testing. They will also provide a valuable comparison to reverse circulation (“RC”) drill holes in the same areas and provide material for specific gravity testing. Included in this release are holes from the D-1 Southeast Extension, D-2 and D-3 mineralized zones in the Discovery Focus Area. KEY POINTS: Large diameter core drilling yielded outstanding results in three zones, including two that were newly identified in 2020. The drill core will provide valuable material for metallurgical testing, specific gravity measurements and other testing pursuant to a maiden resource and Preliminary Economic Assessment (“PEA”) later in the year. Results are similar to those returned in nearby RC holes, providing further validation for using RC drilling. Cyanide-soluble assays for the highlight intervals (as reported in the bullet points above) in LBP214C returned weighted averages of 91% and 99% of fire assay. The highlight intervals in LBP222C returned weighted averages of >100%, 94% and 96% of fire assay, both attesting to the thoroughly oxidized nature of gold mineralization. METALLURGICAL CORE DRILL HIGHLIGHTS INCLUDE1: Hole ID (Az, Dip) (degrees) From (m) To (m) Intercept (m) Au (g/t) AuCN% of Au FA2 Au Cut-Off Hole Length (m) Target Comments LBP190C (122, -50) 143.7 161.8 18.1 0.69 49%3 0.2 244.1 D-1 Southeast Extension Metallurgical PQ Core Hole in Zone discovered in 2...