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Liberty Gold Corp T.LGD

Alternate Symbol(s):  LGDTF

Liberty Gold Corp is a Canada-based exploration and development stage business. The Company is engaged in the acquisition and exploration of mineral properties located primarily in the United States of America and Turkey. It is focused on exploring for and developing open pit oxide deposits in the Great Basin of the United States. The Company’s operations are in one segment, exploration for gold, copper and other precious and base metals. Its projects include Black Pine, Goldstrike and TV Tower. Black Pine is an open-pit, oxide gold, run-of-mine (ROM) heap leach gold mine located in southeastern Cassia County, Idaho. The property covers a total area of 14,299 acres/5,776 hectares (ha) and consists of 622 unpatented lode claims. The Goldstrike property is a Carlin-style, sedimentary rock-hosted (Carlin-style) gold property located in Washington County, southwest Utah (50 kilometers northwest of St. George). The TV Tower gold-silver-copper property is located in northwestern Turkey.


TSX:LGD - Post by User

Post by R_J_on Jun 17, 2020 11:33am
276 Views
Post# 31160312

News - Processing Tests

News - Processing TestsLiberty Gold Reports Weighted Average 79% Extraction in Bulk Sample Column Testing at Black Pine Project, Great Basin, USA
High and Rapid Recoveries Relatively Insensitive to Crush Size Support Simple Heap Leach Processing
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https://libertygold.ca/images/news/2020/June/20-13_Black_Pine_Bulk_Metallurgy_FINAL_revised_.pdf
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Louis James Comments
Quote:
These are very important and encouraging test results, providing strong evidence that the mineralization at Liberty’s flagship Black Pine gold project in Idaho should yield excellent recoveries via low-cost heap leach processing, and with relatively little crushing and grinding (which add to the cost).
I’m not surprised as the mine had been a money-maker in the past, but it is striking that the stock jumped almost 10% today.
Normally this sort of “boring engineering” work doesn’t get as much attention as exciting new drill results.
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I’m not complaining, of course.
But I bet you know what I’m going to say: I’m a happy shareholder, . . .
The above results are great, but no surprise.
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End Quote.
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RJ
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