Liberty Gold Corp (TSX:LGD)

Mining

Liberty Gold Corp is an exploration company with precious and base metal properties located in Turkey and the United States. Its three principal exploration projects include:

• Black Pine
• Goldstrike
• TV Tower

Black Pine

The gold property is located in Southern Idaho’s Cassia County. The US-based project represents a Carlin-style gold property that previously hosted a heap leach gold mine from 1991 to 1998. It reportedly produced 435,000 ounces of gold from seven shallow pits at the rate of 0.7 grams per ton since its initial operation.

Liberty Gold acquired Black Pine in June 2016 from Western Pacific Resource Corp. The project spread in 5,088 hectares of land consists of several oxide gold occurrences.

Liberty Gold claims to benefit from the purchase by owning 1,874 historical drill holes with an average depth of 93 meters and more than 10,000 historic rock samples and surface soil, data related to mining and engineering and various blast hole samples.

Gold Strike

It is also a Carlin Style sedimentary rock type located in southwest Utah’s Washington County.

The company claims that the gold mineralization and stratigraphic of the property is similar to the Carlin-style gold system at the Great Basin.

Between 1988 and 1994, the property was a heap leach oxide mine that reportedly produced around 20,900 ounces of gold and 197,000 ounces of silver.

The mining company acquired the gold property from Cadillac Mining in 2014. The company claims that the project represents strong geology with surface gold mineralization.

TV Tower

TV Tower is a copper and gold producing property owned by Liberty Gold in Northwest Turkey’s Biga district. Teck Resources and Liberty Gold jointly discovered the Turkey-based property. It consists of multiple gold and copper occurrences.

According to the resource estimates of April 2021, the company claims the property indicated presence of copper mineralization and high sulfidation epithermal gold oxide.

Being a project operator at TV Tower, Liberty Gold owns a 62.9 per cent stake in the joint venture between Teck Resources’ Turkish subsidiary, Teck Madencilik Sanayi Ticaret.

Contact Information

company address Suite 1900, 1055 West Hastings Street Vancouver, BC, Canada V6E 2E9

company phone1 604 632 4677

company email[email protected]

company websitehttps://www.libertygold.ca/

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