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Liberty Gold Announces Maiden Resource Estimate for Goldstrike Deposit, Utah
Feb. 08, 2018 09:12AM PST
Gold Investing
Liberty Gold (TSX:LGD) (“Liberty Gold” or the “Company”) is pleased to announce a maiden independent resource estimate at its Goldstrike Oxide Gold project in southwestern Utah. This resource estimate crystallizes 3 years of data compilation and drilling, and is a strong foundation on which to layer engineering, metallurgical studies, as well as ongoing expansion drilling. …
Liberty Gold (TSX:LGD) (“Liberty Gold” or the “Company”) is pleased to announce a maiden independent resource estimate at its Goldstrike Oxide Gold project in southwestern Utah. This resource estimate crystallizes 3 years of data compilation and drilling, and is a strong foundation on which to layer engineering, metallurgical studies, as well as ongoing expansion drilling. It is a key asset in Liberty Gold’s portfolio of advanced-staged, Carlin-style gold projects in the Great Basin of the USA.
Commenting on these results, Cal Everett, President and CEO of Liberty Gold stated:
“We are thrilled to release the first resource estimate for our flagship Goldstrike Property, the result of three years of hard work by our brilliant geological team. We have exceeded our initial resource target expectation and will continue to drill and expand the Goldstrike Deposit as well as the new discoveries that surround it.
This is an important first step in turning a 24 year-old, past-producing mine into a modern, multi-million ounce mining project.”