CALGARY - Legacy Gold Mines Ltd. reported initial results for two (2) Reverse Circulation (RC)…
Expansion Of Near Surface High-Grade Oxide Mineralization At Rangefront Zone
VANCOUVER – Liberty Gold Corp. reported additional strong results from its ongoing 40,000 meter (m) feasibility reverse circulation (RC) drill program at the Black Pine Gold Project in southeastern Idaho, designed for resource infill and conversion, technical compliance for feasibility and expansion of the resource.
These latest results from 14 holes totalling 2,979 m of drilling, confirm that the Rangefront Zone continues to grow in strategically critical areas. Drill results importantly expand the near-surface oxide gold zone to >150 meters wide (north-south) and >200 meters-wide (east-west) in the upper portion of the Resource pit within what was previously waste blocks. The newly expanded zone of near-surface oxide gold introduces the potential for significant changes to mining economics and sequencing strategy at Rangefront Zone as previously defined in the 2024 Preliminary Feasibility Study.
Jon Gilligan, President and CEO, said, “As highlighted last month, Rangefront just keeps getting better. The latest results reinforce our view that Rangefront will play a central role in the future Black Pine mine plan. With just under two million ounces already defined and mineralization open laterally in all directions, Rangefront is now the premier growth area at Black Pine and a potential important starter pit. The 2025 drilling is showcasing the strength and scale of the Black Pine gold system and further positions Rangefront as a key driver of resource expansion and future value creation for shareholders.”
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