Welcome to our dedicated page for LIBERTY GOLD news (Ticker: LGDTF), a resource for investors and traders seeking the latest updates and insights on LIBERTY GOLD stock.
Liberty Gold Corp. (LGDTF) reports developments tied to its U.S.-focused gold development portfolio, led by the 100%-owned Black Pine oxide gold project in southeastern Idaho. Company news commonly covers Black Pine drilling, resource conversion, feasibility study work, mine planning, and permitting activity under federal and state review processes, including NEPA environmental review and FAST-41 scheduling.
Updates also document portfolio rationalization through completed project divestitures, including Goldstrike in southern Utah and the Gage Project, as Liberty Gold concentrates on Black Pine. Governance announcements, board transitions, material agreements, capital-structure matters, and operating and financial updates are recurring categories in the company's public communications.
Summary not available.
Liberty Gold Corp. (TSX-LGD; OTCQX-LGDTF) announced significant findings from its F Zone target at the Black Pine Oxide Gold Project in Idaho. Recent Reverse Circulation drill results revealed near-surface oxide gold mineralization across 17 new drill holes, linking the CD and Discovery zones over a 750-meter stretch. Key highlights include 0.95 g/t Au over 18.3 meters in hole LBP657 and 0.84 g/t Au over 36.6 meters in LBP662. The ongoing drilling aims to integrate smaller pits into larger, more continuous mineralized zones, enhancing the mining potential.
Liberty Gold Corp. has finalized the sale of its 40% interest in the Halilağa copper-gold deposit for US$6 million, totaling US$22 million from the transaction. This move aligns with the company's strategy to reinvest in core projects, specifically the Black Pine and Goldstrike oxide-gold initiatives in the USA. Additionally, the TV Tower gold-silver-copper property is under strategic review with Natural Resources Global Capital Group to generate funds for further exploration, maintaining a 64.4% ownership.
Liberty Gold Corp. (LGDTF) reported its financial and operational results for the six months ended June 30, 2022. Key highlights include receiving $6 million from the Halilağa copper-gold deposit sale and $2.5 million from the Kinsley option payment. The company also noted drilling success at its Black Pine Project, with significant gold grades up to 1.38 g/t over 100.4 meters. Financially, Liberty Gold reported a loss of $6.8 million for the six months, with total assets of $61.4 million as of June 30, 2022, and cash reserves of $26.5 million.
Liberty Gold Corp. (OTCQX: LGDTF) announced promising results from a sonic drilling program at its Goldstrike Oxide Gold Project in Utah. The program completed 815 meters of drilling across 23 holes, revealing significant gold mineralization with thickness up to 44 meters. Notably, a hole (PGS891) recorded 1.02 g/t Au over 25.9 meters. The majority of gold showed good cyanide solubility, indicating unrecovered gold from prior operations could be a viable target for future recovery. This data supports further metallurgical testing to assess economic viability for heap leaching operations.
Liberty Gold Corp. (OTCQX: LGDTF) reported promising results from its drilling program at the Black Pine Oxide Gold Project in Idaho, highlighting significant gold intercepts from 14 core holes. Results included 4.80 g/t Au over 21.2 m and 3.98 g/t Au over 25.3 m, with mineralization identified in historic waste and backfill areas suggesting potential resource reclassification. The ongoing exploration aims to discover near-surface mineralization to support future mining operations. Additionally, metallurgical testing is planned to assess the economic viability of the findings.
Summary not available.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced the results of its Annual General Meeting held on June 9, 2022. With 201,073,785 shares voted, representing 63.63% of outstanding shares, all director nominees were approved, including Dr. Mark O'Dea with 94.30% support. Donald McInnes did not stand for re-election. Additionally, PricewaterhouseCoopers was reappointed as auditor. The company also noted that Vice President Brian Martin will leave on June 17, 2022, for another opportunity in the gold sector. Details are available on SEDAR.
Liberty Gold Corp. (LGDTF) announces the final results from its winter drill program at the Black Pine oxide gold deposit in Idaho. The report includes significant findings from 19 reverse circulation (RC) holes and one core hole, specifically LBP511CA, which returned 1.38 g/t Au over 100.4 m, marking one of the highest intercepts to date. The exploration extends the Rangefront Focus Area (RFA) mineralization, which remains open, particularly to the north and east. Future drilling is planned to further explore new targets and expand resource estimates.
Liberty Gold Corp. (OTCQX:LGDTF) has successfully completed the sale of a 79.9% interest in the Kinsley Mountain gold project to CopAur Minerals for a total of US$2.5 million. This amount is split evenly between cash and shares. Liberty Gold now holds 5,207,493 shares of CopAur, representing 10.23% of its outstanding shares. Additionally, Liberty retains a 1% Net Smelter Return Royalty on Kinsley. The funds are part of Liberty's strategy to re-deploy capital towards advancing its Black Pine and Goldstrike gold projects in the Great Basin.