LGD: CA
LGDTF: US

Since 2004, Liberty Gold’s technical team has played a key role in establishing the prospectivity and gold endowment of the Biga District, and was instrumental in the discovery of the Halilağa porphyry in 2006. From that time through 2010, 56 diamond drill holes totaling 18,866 metres and three reverse circulation holes totaling 398 metres were drilled to test the porphyry-style mineralization identified at the Central Zone at Kestane. Additional drilling also tested for high-sulphidation gold mineralization around the Kunk Hill lithocap (eight holes totaling 2,264.3 metres), and for skarn-style mineralization at Bakirlik Tepe (12 holes totaling 2,348.8 metres).

In 2011, an 18,000-metre core drilling program was completed, with a focus on infill drilling the Central Zone at Kestane that resulted in a project-first resource estimate.

Drilling in 2012 returned broad intervals of continuous copper-gold mineralization, including:

  • 0.26 g/t gold and 0.23% copper over 194.0 metres, including 0.87 g/t gold and 0.69% copper over 28.5 metres in HD-108;
  • 0.76 g/t gold and 0.60% copper over 35.2 metres in HD-108A;
  • 0.23 g/t gold and 0.35% copper over 401.2 metres, including 0.65 g/t gold and 1.84% copper over 35.7 metres in HD-109;
  • 0.40 g/t gold and 0.29% copper over 132.2 metres, including 0.56 g/t gold and 0.41% copper over 51.5 metres in HD-110;
  • 0.23 g/t gold and 0.20% copper over 169.5 metres in HD-111; and,
  • 0.64 g/t gold and 0.52% copper over 134.90 metres, including 0.78 g/t gold and 0.60% copper over 81.40 metres in HD-115.

To view a comprehensive table of all drill results since 2006, including non-reportable intercepts, please click here.

Moira Smith, Ph.D., P.Geo., Chief Geologist, Liberty Gold, is the Company's designated Qualified Person within the meaning of NI 43-101 and has reviewed and validated that the information contained herein is accurate.