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Liberty Gold Reports Q3 2022 Financial and Operating Results
VANCOUVER, British Columbia, Nov. 09, 2022 (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, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (\"Liberty Gold\" or the “Company”), is pleased to announce its financial and operating results for the nine months ended September 30, 2022. All amounts are presented in United States dollars unless otherwise stated. Q3 2022 and RECENT HIGHLIGHTS: Jason Attew was appointed as the new President and CEO of Liberty Gold on October 11, 2022. Mr. Attew was most recently President and CEO of Gold Standard Ventures Corp. that held the South Railroad Project, an open pit, oxide gold heap leach project located on the prolific Carlin trend in Nevada, and successfully negotiated the sale of Gold Standard Ventures to Orla Mining Ltd. for C$242 million. Prior to this role he was CFO of Goldcorp Inc. where he also led the Investor Relations, Corporate Development and Strategy functions until Goldcorp’s $32 billion merger with Newmont Mining Corporation in April 2019. Mr. Attew was previously a senior investment banker with BMO Global Metals and Mining Group, and has extensive capital markets experience. On September 1, 2022, the Company published its inaugural Environmental, Sustainability and Governance report1. On August 11, 2022, the Company received the final $6.0 million staged payment on the sale of the Halilağa copper gold deposit in Turkey2. At the Black Pine Project (“Black Pine”) we: Discovered near-surface oxide gold confirming a 750 metre (“m”) long corridor, linking the CD and Discovery Zones. Oxide gold mineralization starts from surface or at shallow depth in all holes. This drilling links several resource pits and demonstrates that as drill information increases, gold mineralization at Black Pine tends to coalesce into larger, continuous mineralized zones, with potentially greater amenability to bulk mining. Published highlights from the current holes including: 0.95 grams per tonne gold (“g/t Au”) over 18.3 m including 1.03 g/t Au over 16.8 m from surface in LBP657 0.74 g/t Au over 38.1 m including 0.87 g/t Au over 30.5 m from surface in LBP660 0.84 g/t Au over 36.6 m including 0.97 g/t Au over 30.5 m from surface in LBP662 1.01 g/t Au over 19.8 m including 2.07 g/t Au over 7.6 m from near surface in LBP666 0.48 g/t Au over 45.7 m including 1.1...