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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
Post by TheDutchman365on Sep 12, 2014 1:17pm
179 Views
Post# 22931210

Another article Re: Mt. Kinsley

Another article Re: Mt. KinsleyUpdate: Pilot Gold Continues To Find High-Grade Gold At Mt Kinsley Sep. 12, 2014 3:38 AM ET | About: Pilot Gold, Inc. (PLGTF) Summary •Pilot Gold announces high-grade gold over a decent width. •This was not unexpected, but it’s good to see an exploration thesis being confirmed. •For now, the investment thesis remains intact as the surface area is still relatively small. I might have to upgrade my opinion once Mt Kinsley grows further. Pilot Gold (OTCPK:PLGTF) has once again reported very impressive drill results from the 79% owned Mt Kinsley project in Nevada. As I explained in my original article, the company is applying a new exploration strategy whereby it was hoping to encounter high-grade mineralization in different rock types. This strategy is working well, as this year's exploration program at Mt Kinsley is a huge success. In the most recent update, Pilot Gold has encountered in excess of 45 meters of more than 6g/t gold (almost 0.2 oz/t). Even at the current gold price this means the ore has a rock value of approximately $225/t which is quite nice. Other high-grade intercepts were 7.6 meters of in excess of 0.25oz/t gold and 2.8 meters of in excess of 10g/t. These are very impressive results and at this moment the surface area of the mineralized zones seems to be 200x250 meters for an area of 5 hectares. This isn't very large yet, but the mineralization seems to be open to the South, Southeast and north-northeast. It's quite important to mention the company has also encountered almost 26 meters of 1.34g/t at the Secret Spot area, which is more than a mile away from the Western Flank. According to the company, this could mean that the mineralization is potentially spread out throughout the entire area, and it'll be very interesting to see if this working thesis will be correct. https://seekingalpha.com/article/2489885-update-pilot-gold-continues-to-find-high-grade-gold-at-mt-kinsley
Bullboard Posts