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    market news

    Liberty Gold Completes Initial Drilling at Black Pine Project

    Charlotte McLeod
    Jan. 05, 2018 08:54AM PST
    Gold Investing

    Liberty Gold Corp. (TSX:LGD) announced the completion of an initial round of drilling at its Black Pine project in the Idaho-based Great Basin. The project is a past-producing heap leach oxide gold mine that contains a large, shallow, district-scale, Carlin-style gold system.

    Liberty Gold Corp. (TSX:LGD) announced the completion of an initial round of drilling at its Black Pine project in the Idaho-based Great Basin. The project is a past-producing heap leach oxide gold mine that contains a large, shallow, district-scale, Carlin-style gold system.
    As quoted in the press release:

    In late 2017, twelve reverse circulation (RC) holes were drilled from five locations within a large, 12 square kilometre target area. The drilling has thus far succeeded in validating historical results  adjacent to a historical pit and more importantly, demonstrated exceptional exploration upside beneath the limit of shallow historical drilling.

    Highlights from LBP002 include:

    • 0.58 grams per tonne gold (g/t Au) over 39.6 metres (m), including 1.54 g/t Au over 4.6 m starting near surface
    • 1.10 g/t Au over 15.2 m including 1.55 g/t Au over 7.6 m
    • 1.49 g/t Au over 77.7 m including 5.64 g/t Au over 6.1m and 3.23 g/t Au over 15.2 m.

    Highlights from LBP003 include:

    • 0.53 g/t Au over 27.4 m and 0.61 g/t Au over 15.2 m.

    Click here to read the full Liberty Gold Corp. (TSX:LGD) press release.

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