Liberty Gold Stock Price, News & Analysis

Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced promising results from its 2021 Reverse Circulation drill program at the Goldstrike Oxide Gold Project in Utah. The program aims to convert resources from Inferred to Measured and Indicated status. Key findings include significant gold grades, such as 0.81 g/t Au over 61.0 m and 1.48 g/t Au over 15.2 m. Nearly 75% of the Goldstrike resource is categorized as Indicated. The project demonstrates economic viability, with an NPV of approximately US$291.7 million and an IRR of 52.4% at current gold prices.

Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced the receipt of C$11 million from the exercise of 18.5 million share purchase warrants as of October 2, 2021. The funds will support the ongoing 70,000-meter Reverse Circulation drill program at the Black Pine Oxide Gold deposit in Idaho. Recent drilling results indicate successful step-out drilling, extending high-grade mineralization in the Discovery Zone and E Zone. The company is also budgeting for a winter drill program, focusing on resource upgrades and new high-grade discoveries.

Liberty Gold Corp. announced promising results from its 2021 Reverse Circulation drill program at the Goldstrike Oxide Gold Project in Utah. The drilling, which involves 15,000 meters, aims to convert inferred resources to indicated and test open areas. Significant intercepts include 3.60 g/t Au over 15.2 m and 1.19 g/t Au over 39.6 m, demonstrating high-grade mineralization in both the Hamburg Pit and Beavertail areas. The ongoing drilling indicates potential to enhance resource quality in the project, supporting its economic viability at current gold prices.

Liberty Gold Corp. (LGDTF) announced a significant gold discovery at the Rangefront target on its Black Pine Oxide Gold deposit in Idaho, with impressive drill results from holes LBP356 and LBP358. These results include 0.91 g/t Au over 86.9 m and 1.23 g/t Au over 24.4 m, indicating strong mineralization. The discovery spans a 1,250 m gap in previously untested areas and opens further exploration potential, with plans to drill aggressively through 2021. This highlights the robust nature of Black Pine's gold system, despite being relatively untested.

Liberty Gold Corp. (LGDTF) has filed a National Instrument 43-101 Technical Report for its Black Pine Oxide Gold Property in Idaho, effective June 20, 2021. This report, prepared by independent qualified persons, outlines the updated resource estimate and is accessible on SEDAR and the company's website. The Black Pine project, a Carlin-style gold system, historically produced 435,000 ounces of gold from 1992 to 1997. Liberty Gold aims to explore and advance gold deposits in the Great Basin region, emphasizing the potential for profitable open-pit mining.

Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) reported its Q2 2021 financial and operational results on August 12, 2021. The company received a second payment of US$6.0 million from the sale of its 40% interest in the Halilağa project, totaling US$16.0 million to date. Liberty Gold has US$15.3 million in cash as of June 30, 2021, with expectations for an additional US$8.4 million by year-end. Highlights include a modern mineral resource estimate for Black Pine, with 1.715 million ounces of indicated gold at an average grade of 0.51 g/t and ongoing exploration programs.

Liberty Gold Corp. has announced its first independent resource estimate for the Black Pine Oxide Gold deposit in Idaho, revealing 1,715,000 ounces of indicated gold and 370,000 ounces of inferred gold. This estimate, effective May 1, 2021, highlights the potential for a large-scale, low-cost heap-leach project. Notably, 74% of the resources are concentrated in the Discovery Zone, with further drilling set to expand and upgrade the resource. The company has invested approximately US$18 million in the project, aiming for a Preliminary Economic Assessment (PEA) in Q3 2021.

Liberty Gold Corp. has appointed Jon Gilligan as Chief Operating Officer, effective July 16, 2021. With over 35 years of experience in international mining, Gilligan has held senior roles at Torex Gold and SSR Mining, where he was instrumental in various acquisitions and operational successes. His expertise in open-pit construction and project management will significantly enhance Liberty Gold’s capabilities. The company looks forward to leveraging his skills as they advance projects like Black Pine and Goldstrike, with key assessments expected in Q3 2021.

Liberty Gold Corp. held its Annual General Meeting on June 8, 2021, where 172,095,885 common shares were voted, representing 65.37% of all outstanding shares. All director nominees were elected with notable vote percentages: Cal Everett at 99.96%, Sean Tetzlaff at 99.79%, and Barbara Womersley at 99.88%. Additionally, PricewaterhouseCoopers LLP was reappointed as the company's auditor. Detailed results can be found on SEDAR. Liberty Gold focuses on gold exploration in the Great Basin of the U.S., targeting profitable open-pit mining opportunities.