Liberty Gold Stock Price, News & Analysis

Liberty Gold Corp. (OTCQX: LGDTF) announced significant drilling results from the Black Pine Oxide Gold Project in Idaho. Highlights include:

• 7.07 g/t Au over 18.3 m in hole LBP813.
• 1.17 g/t Au over 47.2 m in hole LBP736.
• 3.10 g/t Au over 27.4 m in hole LBP796.
• 0.78 g/t Au over 115.8 m in hole LBP782.

These results aim to expand and upgrade the current Mineral Resource Estimate, indicating high-grade gold mineralization potential. Notably, LBP813 recorded the highest gold assay in the project’s history, suggesting promising near-surface ore. The company plans further drilling to enhance resource delineation and assess mine scheduling.

Liberty Gold Corp. has announced an updated Mineral Resource Estimate (MRE) for its Black Pine Oxide Gold Project, reflecting a significant 52% increase in indicated ounces and a 31% increase in inferred ounces. The MRE, effective January 21, 2023, reports 2,613,000 indicated ounces and 483,000 inferred ounces of oxide gold, with an average grade of 0.52 g/t Au. The increase is attributed to extensive drilling in the Rangefront Zone and the expansion of existing zones. This update is a crucial milestone for Liberty Gold, supporting its hypothesis of a vast oxide gold system.

Liberty Gold Corp. (OTCQX: LGDTF) announced key updates including the appointment of Lisa Wade to its Board and Peter Shabestari as Vice President of Exploration. The company plans extensive work programs for 2023 at its Black Pine and Goldstrike projects in the U.S. and the TV Tower project in Turkey. With a working capital of C$31.8 million, Liberty Gold is set to update its Mineral Resource Estimate in February and focus on drill programs and de-risking activities. The company aims to enhance shareholder value through strategic initiatives in a potentially revitalizing gold market.

Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced promising exploration results from its Black Pine oxide gold project in Idaho. Highlights include 0.60 g/t Au over 80.8 m in LBP750 and various successful drilling outcomes across multiple zones. The company has secured process water, strategic mineral rights, and permits for expanded exploration, significantly de-risking the project. Notably, they have identified new zones of gold mineralization and expanded existing ones, indicating strong potential for future resource growth.

Liberty Gold Corp. reports successful drilling results from its Goldstrike Project in Utah, confirming high-grade oxide gold mineralization. The 2022 program included 12 metallurgical core holes, yielding results like 0.87 g/t Au over 74.3 m. Additionally, 100 resource definition drill holes were completed, with significant intersections such as 1.75 g/t Au over 24.4 m. The company is progressing towards a Prefeasibility decision, focusing on de-risking strategies, including securing a water supply and advancing land status for mining operations.

Liberty Gold has secured two historical water rights at the Black Pine Mine, totaling 868.5 acre-feet per annum, adding to its existing water supply for future mining operations. The total process water supply now stands at 3,202 acre-feet per annum. This acquisition reduces developmental risks for the Black Pine project. The company also received a positive power supply study for up to 10 megawatts of electrical power and has initiated an exploration drilling program after completing a gravity survey identifying potential mineralized rocks.

Liberty Gold Corp. (TSX:LGD; OTCQX: LGDTF) has appointed Darin Smith as Senior Vice President, Corporate Development. Smith brings over 20 years of financial analysis and corporate strategy experience in the mining sector, having previously worked at Kirkland Lake Gold Ltd. His expertise includes involvement in significant transactions, such as mergers and acquisitions. President and CEO Jason Attew highlighted Smith's capability to enhance the company's strategy, particularly with the upcoming updated resource estimate for the Black Pine project expected in Q1 2023.

Liberty Gold Corp. (LGDTF) announced promising Reverse Circulation drill results from its Black Pine project in Idaho, part of a 65,000m drill program aimed at expanding its Mineral Resource Estimate (MRE). Significant findings include 1.11 g/t Au over 68.6 m in the Rangefront Zone, indicating resource growth. Exploration drilling is ongoing, with updates expected in early 2023. The company aims to enhance gold ounces in the new MRE through continued expansion and resource upgrades across various zones.

Liberty Gold Corp reported financial results for the nine months ending September 30, 2022, showcasing US$26.2 million in cash and short-term investments. New CEO Jason Attew, appointed on October 11, 2022, has significant industry experience. The company achieved notable drilling results at the Black Pine Project, confirming a 750 metre oxide gold corridor. Financial highlights include a loss of US$6.3 million for Q3 2022, with a total loss for the nine months reaching US$19 million. Additionally, Liberty Gold completed significant expansions to its exploration areas.