VANCOUVER, B.C. – Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the "Company"), is pleased to announce its financial and operating results for the three months ended March 31, 2021. All amounts are presented in United States dollars (“USD”) unless otherwise stated.

Liberty Gold is focused on advancing a pipeline of Carlin-Style gold deposits in the Great Basin, U.S.A., a mining-friendly jurisdiction that is home to large-scale oxide gold systems ideal for open-pit heap leach mining. The Great Basin covers portions of the states of Nevada, Utah and Idaho. The Company has a proven track-record in discovery and building value in this region.

HIGHLIGHTS:

At Black Pine we announced the final results from 2020 metallurgical core drilling, highlights include1:
D-3 zone: 1.23 grams per tonne (“g/t”) of gold (“Au”) over 24.1 metres (“m”), including 2.72 g/t Au over 2.3 m and including 3.39 g/t Au over 4.4 m in LBP231C.
D-2 zone: 1.11 g/t Au over 21.7 m, including 1.58 g/t Au over 8.4 m, and 1.20 g/t Au over 3.9 m in LBP238C.
E Pit: 0.71 g/t Au over 13.3 m, including 3.19 g/t Au over 5.1 m, and 4.31 g/t Au over 3.6 m in LBP242C.
CD Pit: 0.57 g/t Au over 32.0 m, including 0.50 g/t Au over 11.3 m, and 0.36 g/t Au over 16.9 m in LBP251C.
Received approval for an amendment to our Plan of Operations (“PoO”) allowing us to access additional strategic areas for drilling and an easement to a water well.2
Released results from five large diameter core holes drilled to support phase 3 metallurgical column testing from the D-1, D-2 and D-3 zones include3:
3.32 g/t Au over 47.4 m, including 12.5 g/t Au over 5.8 m in LBP214C.
3.62 g/t Au over 8.1 m and 1.27 g/t Au over 54.2 m, including 2.51 g/t Au over 17.0 m in LBP222C.
1.12 g/t Au over 13.4 m and 3.16 g/t Au over 32.0 m in LBP207C.
1.44 g/t Au over 16.5 m and 1.36 g/t Au over 15.2 m and 1.23 g/t Au over 7.6 m in LBP197C.
At TV Tower we announced maiden resource estimates for five gold and copper deposits4 more than tripling the resource endowment. For more details see the news release titled “Liberty Gold Announces Maiden Resource Estimates for Five Gold and Copper Deposits at the TV Tower Project, Turkey” dated April 6, 2021.
1 See news release dated April 26, 2021
2 See press release dated February 18, 2021.
3 See press release dated January 12, 2021

SELECTED FINANCIAL DATA

The following selected financial data is derived from our unaudited condensed interim financial statements and related notes thereto (the “Interim Financial Statements”) for the three months ended

March 31, 2021 as prepared in accordance with International Accounting Standards – IAS 34: Interim Financial Statements.

A copy of the Interim Financial Statements is available on the Company’s website at www.libertygold.ca or on SEDAR at www.sedar.com.

The information in the tables below is presented in $000s except per share data:

see & read more on
https://libertygold.ca/news/2021-news/410-liberty-gold-reports-q1-2021-financial-and-operating-results.html