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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.
Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) reported its Q1 2022 financial results, highlighting a net loss of $8 million. The company closed a bought deal financing raising C$30 million, strengthening its liquidity with $33.9 million in cash by March 31, 2022. Key operational achievements include significant drill results from the Black Pine and Goldstrike projects, indicating strong mineralization potential. The drilling at Black Pine has revealed a high-grade core zone, while Goldstrike has confirmed continuity in high-grade gold mineralization.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) reports positive results from its 2022 winter drill program at the M Zone and updates from the Discovery Zone at the Black Pine oxide gold deposit in Idaho. Drilling in the M Zone identified high-grade oxide gold mineralization at shallow depths, enhancing the potential for heap leach infrastructure. Results indicate a significant expansion of resource areas, aiming to merge smaller pits into a larger deposit. The company plans to complete approximately 150,000 more meters of drilling throughout the year, with updates anticipated in late 2022.
Liberty Gold Corp. announced promising results from its 2022 winter drilling program at the Black Pine oxide gold deposit in Idaho. Notable intersections included LBP554 with 1.49 g/t Au over 54.9 m and LBP565 with 0.34 g/t Au over 115.8 m. The drilling expanded the high-grade core zone to approximately 500 m by 1 km, with mineralization trends migrating closer to the surface. A total of 42 holes were drilled, with ongoing exploration supported by a recent C$30M financing. The program aims for resource expansion and an updated resource estimate later in 2022.
Liberty Gold Corp (LGDTF) reported its fiscal year 2021 results, showing a net loss of $29.7M compared to a profit of $7.5M in 2020. The company's strong cash position stands at $34.7M, bolstered by non-dilutive payments expected later in 2022. Liberty plans an aggressive 110,000m drill program across its Black Pine and Goldstrike projects, focusing on resource expansion and new discoveries. The 2022 budget allocates $19M for Black Pine and $9.5M for Goldstrike, with aims of advancing towards pre-feasibility studies in 2023.
Liberty Gold Corp. (OTCQX: LGDTF) announced final results from its 2021 reverse circulation drilling at the Rangefront Focus Area (RFA) of the Black Pine oxide gold deposit in Idaho. Highlighted results include LBP514 with 0.98 g/t Au over 85.3 m. The high-grade core zone has expanded to 300 x 750 m, now open for further extension. The 2022 program sees continued drilling aimed at resource estimation and metallurgical testing. Liberty Gold estimates a geological potential of 3 to 5 million ounces of gold at Black Pine.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announces positive results from its 2021 drilling program at the Goldstrike Oxide Gold Project in Utah. The drilling comprised 15,574 meters across 108 holes, upgrading resource classifications and confirming high-grade gold mineralization in previously undrilled areas. Key findings include 0.61 g/t Au over 50.3 meters and 1.03 g/t Au over 18.3 meters. A new oxide gold zone was identified, with drilling to resume in March 2022, focusing on resource upgrades and expansion.
Liberty Gold Corp. (OTCQX: LGDTF) has secured over 2,300 acre-feet of water rights for its Black Pine project, enhancing process water supply capabilities. Additionally, the company acquired a mineral rights lease for 2.6 km2 near the deposit, offering exploration and infrastructure potential. Preliminary studies indicate the water supply supports a ~70,000 tonnes per day heap leach operation. Liberty Gold's total land holdings at Black Pine now stand at 51.6 km2. These developments significantly mitigate project risks and support future mining operations.
Liberty Gold Corp. (LGDTF) announced promising reverse circulation drill results from its 2021 program at the Rangefront Focus Area (RFA) of the Black Pine gold deposit in Idaho. Significant findings include LBP473 with 1.95 g/t Au over 41.1 m and LBP487 with 0.69 g/t Au over 39.6 m. The mineralization area now spans over 1 km², with a high-grade core identified. The company plans to continue drilling through winter 2022, aiming for a resource estimate update and Preliminary Economic Assessment by Q3 and Q4 2022, respectively.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) reported promising results from its 2021 Reverse Circulation drill program at the Goldstrike Oxide Gold Project in Utah. Notable highlights include PGS 798 with 0.94 g/t Au over 59.4 m and PGS 807 showing 0.64 g/t Au over 45.7 m. The resource conversion drilling in the Main Zone confirms near-surface mineralization and high-grade corridors. The Dip Slope Zone indicates significant growth potential. Liberty Gold is assessing strategic options to reflect Goldstrike's value amid market focus on the Black Pine Deposit.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced the completion of its 2021 reverse circulation drilling campaign at the Discovery Zone of the Black Pine Oxide Gold Deposit. The drilling aimed to upgrade inferred resources to indicated for future prefeasibility studies. Notable assay results include LBP380 with 1.52 g/t Au over 30.5 m. The current indicated resource stands at 77.1 million tonnes grading 0.54 g/t Au. The exploration continues in the Rangefront Focus Area, with a new mineral resource estimate and PEA expected in Q3-2022.