Regarding its U.S. asset, the Black Pine oxide gold project in Idaho, the Vancouver-based explorer reported the most recent results from its 2020 drill program. Holes LBP179 and LBP173 extended the D-1 zone at Black Pine to the northwest; they returned assays including 1.02 grams per ton gold (1.02 g/t Au) over 24.4 meters (24.4m) and 1.18 g/t Au over 16.8m, respectively.
The company noted that D-1 remains open to the northwest, and Liberty Gold plans to drill additional holes over 300m along strike and throughout the area.
"We continue to identify additional areas of oxide gold in our regional drilling program at Black Pine, with every target to date returning encouraging results and discoveries," President and CEO Cal Everett said in the release.
Regarding its project in Turkey, TV Tower, Liberty Gold recently resumed drilling there after five years of exploration inactivity, focusing on the large, previously drilled Columbaz gold-copper porphyry target. Already the company has drilled one stepout hole there, 150 meters to the north of previous drilled holes, and now is working on a second one. The Columbaz system remains open in all directions.
"Liberty Gold is assessing options with respect to how to crystallize value in our 60% ownership interest in the TV Tower project," Everett added.[NLINSERT]
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.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Liberty Gold. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Liberty Gold, a company mentioned in this article.