Liberty Gold Corp. (LGD:TSX) announced in a news release that the first assays from its Black Pine property in Idaho hit significant widths of high-grade, oxide gold mineralization and extended it deeper and along strike into a gap in historical drilling.
"We are thrilled with the results from the first four holes," CEO Cal Everett said in the release.
Results were from Liberty Gold's initial four reverse circulation holes. Drill hole LBP016 was a highlight, intersecting 1.45 grams per ton gold over 45.7 meters and thus, extending mineralization northward into an undrilled area. The extent of gold mineralization in this section is now being drill tested.
Other intercepts include 1.51 g/t gold over 48.8m in hole LBP015, 1.63 g/t over 25.9m in hole LBP014 and 0.45 g/t gold over 42.7m in hole LBP017. "Drill holes LBP014, 015 and 016 are similar to hole LBP002 in that they represent some of the best unmined intercepts drilled to date on the property, by any operator," the release noted.
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