Expansion Of The New High Grade Oxide Gold D-3 Zone At Black Pine

VANCOUVER, BC - Liberty Gold Corp. reported additional reverse circulation (RC) drill results from the 2020 drill program at its Carlin-style Black Pine oxide gold property in southern Idaho.  Liberty Gold identified nine regional oxide gold targets over a 7.3 square kilometer (km2) permit area to be tested in 2020. To date, three of the targets have been tested, resulting in the D-3, F, and D-1 Southeast Extension discoveries.

“We continue to deliver on our commitment to test new targets throughout the 7.3 km2, permitted portion of the Black Pine gold system, and this approach continues to yield new discoveries and outstanding results,” said Cal Everett, President and CEO.

Liberty Gold’s third high-grade oxide gold discovery (D-3 Zone) continues to deliver thick intervals of oxide gold mineralization. D-3 lies beneath the limit of shallow historical drilling in a stratigraphic unit that is modeled to underlie most of the Black Pine gold system at depth. Drilling is presently focused on an area measuring approximately 400 m in a north-south direction by 250 m in an east-west direction. A total of 15 holes now define D-3, which remains open in all directions.

Drill hole LBP149 tested the south end of the new F Zone Target. The F Zone is presumed to be a linear, north-northwest-trending zone based on sporadic, shallow historic drill data and surface geochemical sampling near the northwest end of the historic CD Pit ore body. Other holes drilled by Liberty Gold in this zone are now believed to have been drilled too far to the west.  Systematic drilling is required to define the orientation of the F Target and determine if it connects with D-3 Zone to the northeast, a distance of approximately 1 kilometer (km).