Exciting Developments from Liberty Gold at Antimony Ridge
VANCOUVER, British Columbia — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) is thrilled to share the successful results from its first pass field sampling program conducted at the Antimony Ridge discovery, a key component of the Goldstrike Oxide Gold Project in southwestern Utah. This significant endeavor follows an extensive strategic staking initiative that expanded the Goldstrike claim block by an impressive 3.2 square kilometers.
Key Findings from the Field Sampling Program
The recent fieldwork at Antimony Ridge has unearthed exceptionally high-grade antimony and gold oxide mineralization. Notable findings revealed values as high as 5.7% antimony (57,000 parts per million) and 3.94 grams per tonne of gold, dwarfing previous results of 2.0% antimony and 0.84 g/t gold. A total of 112 surface samples were diligently collected across a sprawling 6 square kilometer target area. This mineralized zone, known for its remarkable quality, is contained within a substantial jasperoid breccia body.
Expanding the Exploration Horizons
Liberty Gold's sampling indicates the known high-grade mineralized zone extends over 450 meters in length, exhibiting thicknesses ranging from five to occasionally exceeding ten meters. An impressive discovery also occurred 1,500 meters east of the primary zone, where a 300-meter exposure of mineralized jasperoid breccia was identified. This promising extent puts Liberty Gold in a strong position for future exploration and development of these mineral zones.
The Insight of Liberty Gold's VP of Exploration
Pete Shabestari, Vice President of Exploration, highlighted the implications of these results, stating, “Our successful fieldwork at Antimony Ridge confirms the high-grade potential of this discovery, not only for antimony but for gold as well. We are committed to maximizing the value from all components of the Goldstrike project and look forward to advancing Antimony Ridge into the next exploration phase.”
Next Steps for Antimony Ridge
Building upon these insightful results, Liberty Gold has laid out clear objectives for a second-phase exploration program. This initiative aims to further delineate and enhance the identified high-grade zones, which includes focused rock sampling to extend the mineralized areas, alongside strategic planning for an extensive drilling program in the near future.
Initiatives for the Goldstrike Project
As Liberty Gold engages in advancing the Goldstrike project, the company recently undertook a hydrological desk study. Collaborating with expert firms, Liberty identified potential water sources that are essential for sustainable project advancement. Securing an adequate water supply remains a top priority as the company seeks to mitigate risks and advance their plans efficiently.
Commitment to Quality and Transparency
Peter Shabestari, the designated Qualified Person for Liberty Gold, has meticulously reviewed and validated the accuracy of the information communicated here. This adherence to high standards illustrates Liberty Gold’s dedication to transparent reporting and responsible mineral exploration.
About Liberty Gold
Liberty Gold is committed to exploring and developing open-pit oxide deposits within the Great Basin, a region renowned for its significant gold mining potential. The company is driven to discover and successfully progress large gold deposits, ensuring profitable mining operations in this exceptional geological landscape.
Frequently Asked Questions
What recent achievements has Liberty Gold announced?
Liberty Gold reported significant high-grade mineralization results from the Antimony Ridge discovery at the Goldstrike project.
What are the key findings from the field sampling program?
The sampling returned high values, including 5.7% antimony and 3.94 g/t gold, indicating substantial potential for future discoveries.
What steps is Liberty Gold planning for the next phase of exploration?
The company intends to conduct focused rock sampling and develop a drilling program to further evaluate and expand the high-grade mineral zones.
How does Liberty Gold ensure transparency in its operations?
Liberty Gold maintains high standards of reporting and has all information validated by its Qualified Person, ensuring accuracy and transparency.
What is Liberty Gold's primary focus in the mining industry?
The company focuses on exploring and developing open-pit oxide gold deposits in the Great Basin, known for its prolific gold mining history.
