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.
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Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) has announced promising initial results from its 2023 Reverse Circulation drill program at the Black Pine Oxide Gold Project in Idaho. Significant findings include:
- M Zone: 2.83 g/t Au over 25.9 m and 2.13 g/t Au over 21.3 m with high-grade intercepts of up to 19.2 g/t Au.
- Rangefront Zone: 0.72 g/t Au over 35.1 m and 0.86 g/t Au over 25.9 m.
In total, assay results from 53 holes have been received, targeting mineral resources and mineralization potential in both zones. Liberty Gold plans to add a second drill rig to enhance exploration efforts, focusing on both existing and new target areas. The company holds significant indicated and inferred resources, with plans for further drilling and an economic study scheduled for later this year.
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced the retirement of founder Dr. Mark O'Dea as Chair and Director, effective June 14, 2023. Mr. Rob Pease, the incoming Chair, praised O'Dea's visionary leadership, which has significantly contributed to the discovery and development of large-scale gold deposits in the Great Basin. The company is undergoing succession planning, having recently appointed a new CEO and several VPs, while maintaining a strong treasury. O'Dea, who has been a net buyer of shares over the past 12 years, expressed confidence in Liberty's potential for growth and profitability. His legacy includes fostering a collaborative culture and a commitment to responsible development, which the board aims to uphold.