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) maintains this comprehensive news hub for stakeholders tracking developments in its Great Basin exploration programs. This centralized resource aggregates official corporate announcements, technical reports, and operational updates from the gold exploration specialist.
Investors and industry observers will find timely information on drill results, resource estimates, and strategic partnerships, alongside regulatory filings and leadership updates. All content undergoes strict verification to ensure alignment with mining disclosure standards and investor reporting requirements.
The archive features categorized updates including exploration milestones, assay analyses, land acquisition developments, and financial statements. Each entry maintains the company's characteristic focus on geological detail while presenting key implications for resource development timelines.
Bookmark this page for direct access to Liberty Gold's primary information channel, updated continuously as new data becomes available through approved corporate communications.
Liberty Gold has initiated the mine permitting process for its Black Pine Oxide Gold Project in Idaho, marking a significant milestone. On June 26, 2024, the company held a kick-off meeting with representatives from key federal and state agencies, including the USFS, BLM, and Idaho Department of Lands. The meeting, led by Matt Zietlow, focused on presenting a framework and schedule for the submission of the Mine Plan of Operations (MPO) expected in Q4 2024. The project aims to boost economic growth and job creation in southern Idaho while adhering to environmental standards. Key activities for H2 2024 include completing a pre-feasibility study (due Q3 2024), submitting the draft MPO, and commencing exploration drilling under a newly approved Plan of Operations amendment. Improved seasonal drilling access will facilitate these efforts.
Liberty Gold Corp (TSX: LGD; OTCQX: LGDTF) announced the voting results from its Annual General Meeting held on June 12, 2024. A total of 194,138,404 common shares, representing 56.3% of all outstanding common shares, were voted. Shareholders elected all director nominees with high approval rates: Robert Pease (99.52%), Cal Everett (99.50%), Barbara Womersley (99.47%), Greg Etter (99.51%), Lisa Wade (99.47%), and Wendy Louie (99.46%). Additionally, PricewaterhouseCoopers LLP was reappointed as the auditor with 99.68% votes in favor. Detailed voting results are available on Liberty Gold’s SEDAR+ profile.
Liberty Gold has received approval from the US Forest Service for an amendment to the exploration Plan of Operations at the Black Pine Oxide Gold Project in Idaho. This amendment expands the permitted exploration area by 51% to 37.3 km². The company plans to start drilling in mid-June 2024 on seven high-priority targets.
The Bureau of Land Management is set to start issuing a Hardrock Prospector Permit, adding 7.1 km² for exploration. Additionally, 46 unpatented mining claims have been staked, expanding the total project area to 69.3 km². Field operations are underway with drilling set to commence soon.
Furthermore, Matt Zietlow has been appointed as Director of Regulatory Affairs and Sustainability to lead mine permitting. The goal is to submit the Mine Plan of Operations by Q4, 2024.
Liberty Gold has concluded a non-brokered private placement financing, raising C$12.5 million. The company issued 35,715,362 units at C$0.35 per unit, each containing one common share and half a common share purchase warrant. Each warrant allows the holder to buy one common share at C$0.45 within 24 months.
The funds will be used for exploration drilling at Black Pine, engineering, development, economic studies, permitting programs in the Great Basin, and general working capital. The issued securities are under a hold period until September 18, 2024, and are not registered under the U.S. Securities Act.
Liberty Gold has announced its Q1 2024 financial and operating results. Key highlights include a non-brokered private placement for C$12.5 million and the sale of its TV Tower Project in Türkiye for $11.5 million, with $8.3 million attributable to Liberty Gold. The updated resource estimate for Black Pine indicated 3.2 million oz of oxide gold, with metallurgical tests showing 84.2% average gold extraction. Financially, the company reported a Q1 loss of $3.06 million, which is an improvement from the $4.69 million loss in Q1 2023. Cash and short-term investments stand at $7.01 million, down from $9.08 million at the end of 2023.
Liberty Gold Corp. has increased its non-brokered private placement financing to C$12.5 million, up from C$9.5 million, with no change in terms. The Offering includes the issuance of up to 35,715,362 Units at C$0.35 per Unit, each consisting of a Common Share and a Warrant. The proceeds will fund exploration drilling, engineering, development, and general working capital. The CEO emphasized the value of Liberty Gold and its strategic development goals.
FAQ
What is the current stock price of Liberty Gold (LGDTF)?
What is the market cap of Liberty Gold (LGDTF)?
