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Liberty Gold Extends Oxide Gold Mineralization in Three Locations at Black Pine Deposit, Idaho
VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to report
About this update from Liberty Gold Corp
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to report further Reverse Circulation (“RC”) drill results from the Rangefront, CD and E zones at its Black Pine oxide gold project in southeastern Idaho. The results are part of a 65,000 metre (“m”) 2022 drill program at Black Pine to upgrade and expand the current Mineral Resource Estimate (“MRE”) and discover new oxide gold mineralization. The drill results in this release confirm resource growth along the north and west side of the Rangefront Zone and along the western margin of the main Black Pine gold system in the E and CD Zones. Importantly, the system remains open laterally in all these zones for which pending assays and more drilling will better inform the extent of the mineralization. The resource expansion drilling announced today has: Successfully extended high-grade oxide gold mineralization in the Rangefront Zone along the northern and western edges of the zone, including: Step-Out of 1.11 grams per tonne gold (“g/t Au”) over 68.6 m including 1.65 g/t Au over 16.8 m in LBP726 0.59 g/t Au over 38.1 metres and 0.65 g/t Au over 70.1 m in LBP722 that will contribute to the Rangefront Zone expansion Encountered shallow oxide gold mineralization along the western edge of the E Zone extending down-dip to the west of the current MRE, including: 0.55 g/t Au over 48.8 m in LBP677 0.36 g/t Au over 97.5 m in LBP680 Delineated gold mineralization along the southwest edge of the CD Zone within and immediately southwest of the current resource pit, including: 0.42 g/t Au over 42.7 m and 0.42 g/t Au over 21.3 m in LBP622 Three RC drills are currently turning on the property and drilling will continue, weather permitting, through the winter. The Black Pine resource model will be updated progressively over the next months as assays become available and work remains on track for a new resource estimate release in the first quarter 2023. Jason Attew, President and CEO of Liberty Gold commented, “While we are advancing the Black Pine project toward development through acquisition of land, water and mineral rights, and metallurgical and infrastructure studies, the project is still very much an exploration story. This is evident from our active exploration drill programs, which continue ...