Source: Streetwise Reports 11/06/2018
Assays from drill holes come up positive and reveal new zone of mineralization.
Liberty Gold Corp. (LGD:TSX) announced drill results from its flagship Goldstrike project in Utah.
Drilling in the Southwest Goldstrike Trend tested both inside and outside the gold resources contained in the preliminary economic assessment (PEA), with results for 19 holes received and more are pending.
Reverse circulation drilling to the west of the resource area and PEA pit there encountered shallow oxide gold mineralization in multiple drill holes.
This discovery extended the known gold mineralization more than 300 meters westward from the pit in the main Beavertail area. The area of mineralization remains open to the south and west. “Future drilling will focus on bringing the new extension into the existing resource model,” a company indicated.
Results remain pending for results of 12 more holes previously drilled in the West Beavertail area, both inside and outside of the gold resources contained in the PEA pit.
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Source:: The Gold Report