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TICKERS: LGD

Explorer Commences Drilling at Two Great Basin Projects
News Update

Source:

These new programs are being done as a follow-up to past drill efforts.

Liberty Gold's Goldstrike Project

Liberty Gold Corp. (LGD:TSX) announced in a news release it launched a 2019 drilling program at two of its past-producing gold projects: Black Pine in Idaho and Goldstrike in Utah.

"We are targeting multi-million ounce deposits at both properties, and we expect to be well on our way to achieving this goal by the end of the year," President and CEO Cal Everett said in the release.

At Black Pine, 80100 reverse circulation holes will be drilled over 16,000 meters (16,000m) to test the core of an oxide gold system. Drilling will start near Liberty Gold previously drilled hole, LBP002.

At Goldstrike, 9,600m of reverse circulation drilling will be carried out with the goal of expanding the existing resource. The resource encompasses 925,000 ounces (925 Koz) 0.5 grams per ton (0.5 g/t) gold in the Indicated category and 296 Koz of 0.47 g/t gold in the Inferred category.

In other news, Liberty Gold reported the final results from its 2018 reverse circulation drilling done in Goldstrike's Beavertail West extension area. It remains open to the west and south. The Beavertail deposit itself remains open to the south.

Highlight assays from Beavertail West include 1.49 g/t Au over 16.8m including 3.37 g/t Au over 6.1m in hole PGS690, 1.45 g/t Au over 15.2m including 3.92 g/t Au over 4.6m in hole PGS687 and 0.83 g/t Au over 12.2m in hole PGS681.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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