By The Gold Report
Source: Streetwise Reports 11/06/2018
Assays from drill holes come up positive and reveal new zone of mineralization.
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.
Get our Weekly Commitment of Traders Report: - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
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.
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Liberty Gold. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Liberty Gold, a company mentioned in this article.
( Companies Mentioned: LGD:TSX,