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Liberty Gold Corp T.LGD

Alternate Symbol(s):  LGDTF

Liberty Gold Corp. is an exploration and development stage company. The Company is focused on exploring for and developing open-pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. 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 over 15,369 acres/6,220 hectares (ha). The Goldstrike is an oxidized, Carlin-style, sedimentary rock-hosted gold system located in Washington County, southwest Utah (50 km northwest of the city of St. George). The Goldstrike consists of over 749 owned unpatented claims (lode and placer), 99 leased unpatented claims, 633 acres of leased patented claims, 160 acres of leased private land, and 926 acres of leased state land, covering a total of 7,194 ha. Its 9,065 ha TV Tower gold-silver-copper property is located in northwestern Turkiye.


TSX:LGD - Post by User

Bullboard Posts
Comment by kodiak76on Jul 22, 2014 1:21pm
224 Views
Post# 22770321

RE:RE:RE:RE:1.59 g/t Gold and 0.48% Cu Over 130.9 Metres From Surface...

RE:RE:RE:RE:1.59 g/t Gold and 0.48% Cu Over 130.9 Metres From Surface...
How can you defend the practice of only highlighting good results?
To evalute the potential of the target i am very eager to know where every drill hole is and not only the good holes.

Lets look at Kdr013:

From 2 to 18 meters you have aprox. 0,25% cuequivalent. This may be economic if it is oxidized otherwise not. The rest of the mineralization is even lower grade and starts at 70meters depth. This is for sure not ecnomic. Just look at Copper porphyrys around and you will realize that you should have at least 0,4% Cuequi. to make a deposit economic. And i am talking about projects with good infrastructure and low strip ratio.
Just look at our Halilaga project: The Cuequi grade is slightly under 0,5%. Can you imagine what the PEA would look like if the grade was 0,35%? Not good i guess...

The good thing is that there seems to be a high grade core of unkown dimension(looks rather small) which can help to reduce the payback time if this ever becomes a mine.
Bullboard Posts