Liberty Gold Stock Price, News & Analysis

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.

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.

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.