Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) linked its Discovery 2 and 3 zones through drilling at its Black Pine project in Idaho, it announced in a news release.
Together, the two linked zones, now referred to as the Discovery 2 zone, have a 400 meter (400m) width and a 300m strike length. Discovery 2 remains open in all directions.
Also, recent results from four reverse circulation holes returned further thick, high-grade intervals of Carlin-style oxide gold mineralization. Highlight assays included 3.4 grams per ton (3.4 g/t) oxide gold over 62.5m, including 6.21 g/t gold over 21.3m, in hole LBP064.
"These intercepts are all the more impressive in the context of their setting, lying below thick intervals of moderate grade mineralization, and the likelihood, based on past mining, that the gold can be recovered using low-cost, open-pit mining and heap leaching," President and CEO Cal Everett said in the release.
To date, Liberty Gold drilled eight of the 10 priority, unmined intercepts at the Black Pine property.
[NLINSERT]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.
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.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
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 interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this interview, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Liberty Gold, a company mentioned in this article.
