Liberty Gold Corp. ("Liberty Gold" or the “Company”) has taken all reasonable care in producing and publishing information contained on this website and will endeavor to do so regularly. Material on this site may still contain technical or other inaccuracies, omissions, or typographical errors, for which Liberty Gold assumes no responsibility. Liberty Gold does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Liberty Gold be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this site. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use, unless you have obtained our express permission. By using this website, you acknowledge that you have reviewed and understand the disclaimers set forth herein. The Toronto Stock Exchange has not reviewed the information on this website and does not accept responsibility for the adequacy or accuracy of it.
All statements on this website, other than statements of historical fact, are "forward-looking information" with respect to Liberty Gold within the meaning of applicable Canadian securities laws, including statements that address future mineral production, resource potential, exploration drilling, the future financial or operating performance of Liberty Gold and its business, operations, properties and condition, the future prices of gold, silver and copper, potential quantity and/or grade of minerals, potential size of a mineralized zone, potential expansion of mineralization, the timing and results of future resource estimates, the timing of a preliminary economic assessment or other study, proposed exploration and development of our exploration properties, the estimation of mineral resources, the amenability of mineralization to produce a high-grade concentrate, and the accuracy of any metallurgical testing completed to date. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", " continue", " planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Liberty Gold to differ materially from those anticipated in such forward-looking information. Such forward-looking information, including, but not limited to, the impact from the pandemic of the novel coronavirus (COVID-19), proposed exploration and development of Liberty Gold’s exploration properties, estimated future working capital, the receipt of any future staged payments on its optioned or sold properties, uses of funds, future capital expenditures, exploration expenditures and other expenses for specific operations, future issuances of Liberty Gold’s common shares for the advancement or acquisition of exploration properties, information with respect to exploration results, the timing and success of exploration activities generally, the costs and timing of the development of new deposits, potential quantity and/or grade of minerals, potential size of mineralized zones, potential expansion of mineralization, potential type of mining operation, the timing and possible outcome of any pending litigation, permitting timelines, the ability to maintain or convert the underlying licenses for the TV Tower property in accordance with the requirements of Turkish Mining Law, the impact of archaeological, cultural, or environmental studies within the property area, government regulation of exploration and mining operations, environmental risks, including satisfaction of requirements relating to the submissions of Environmental Impact Assessments, title disputes or claims, and limitations on insurance coverage involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Liberty Gold to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks related to: the early stage and status of the Company’s mineral properties; the Company having no known mineral reserves and the potential that no economic reserves exist on the Company’s properties; permitting and licencing; the Company’s securities being subject to market price volatility; the need for additional capital and the potential for dilution to the Company’s common shares; the interpretation and actual results of historical production at certain of our exploration properties, as well as specific historic data associated with and drill results from those properties, reliance on technical information provided by our joint venture partners or other third parties, assumed parallels of the Black Pine, Goldstrike and Kinsley Mountain properties to the Long Canyon property; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; receipt of future staged payments on optioned or sold properties, labour disputes and other risks of the mining industry; including impacts from the pandemic of the novel coronavirus (COVID-19), political instability, hostilities, military coups or attempts thereof, insurrection or acts of war or terrorism; expropriation of property without fair compensation; the reliance on a limited number of properties; insurance and uninsured risks; water sources; infrastructure; environmental risks and hazards; competitive conditions; specialized skill and knowledge; acquisitions and integration; litigation; conflicts of interest; currency rate risk; cyber security; adverse determination or rulings by governmental authorities; adverse actions by governmental authorities; changes in policy relating to the extractive industries or in the personnel administering them; delays in obtaining governmental approvals or financing; the Company’s limited operating history, history of net losses and negative operating cash flow; the Company’s status as a passive foreign investment corporation (PFIC); internal controls; reliance on key personnel; Canada's Extractive Sector Transparency Measures Act; dividend policy; as well as those factors discussed in the section entitled "Risk Factors" in Liberty Gold’s Annual Information Form for the year ended December 31, 2019, dated March 26, 2020, which is available under Liberty Gold’s SEDAR profile at www.sedar.com. Although Liberty Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.
Forward-looking statements are made as of the date hereof and accordingly are subject to change after such date. Except as otherwise indicated by Liberty Gold, these statements do not reflect the potential impact of any non-recurring or other special items or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after the date hereof. Forward-looking statements are provided for the purpose of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Liberty Gold does not undertake to update any forward-looking statements that are included on this website, except in accordance with applicable securities laws. Liberty Gold disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers should not place undue reliance on forward-looking information.
The mineral resource estimates contained herein are only estimates and no assurance can be given that any particular level of recovery of minerals will be realized or that an identified resource will ever qualify as a commercially mineable or viable deposit which can be legally and economically exploited. In addition, the grade of mineralization ultimately mined may differ from the one indicated by drilling results and the difference may be material. The estimated resources described herein should not be interpreted as assurances of mine life or of the profitability of future operations.
Statements relating to mineral reserves and resources are deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the mineral reserves and resources described exist in the quantities predicted or estimated and may be profitably produced in the future. Estimated values of future net revenue do not represent fair market value. There is no certainty that it will be commercially viable to produce any portion of the resources.
Moira Smith, Ph.D., P.Geo, Liberty Gold Vice President, Exploration & Geoscience, is the Company's designated Qualified Person for the purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”) and has reviewed, approved and verified that the scientific and technical information contained in this website is accurate.
Cautionary Note Regarding TV Tower
As to TV Tower through to the effective date of the TV Tower Agreement dated June 20, 2012, all drill samples and analytical data were collected under the supervision of Teck Madencilik Sanayi Ticaret A.S. (“TMST”), a Turkish subsidiary of Teck Resources Limited (“Teck”), using industry standard QA-QC protocols. Dr. Smith is responsible for compiling the technical information contained in this website but she has not verified all the assay data generated by TMST as previous operator at TV Tower, and has not necessarily had access to individual assay certificates. However, the grades and widths reported on this website agree with the Company’s past results on the projects and TMST has given her no reason to doubt their authenticity. Dr. Smith also visits TV Tower regularly during the active drilling season and during those visits, was given complete freedom to review drill core and technical data on site, and to discuss the ongoing program and results with TMST staff. She is satisfied that TMST is meeting industry standards for all levels of exploration work being carried out on the property.
For further details on the KCD resource estimate at the TV Tower Project, please see the NI 43-101 technical report entitled “Updated Technical Report for the TV Tower Exploration Property, Canakkale, Western Turkey", effective January 21, 2014 and dated February 27, 2014, co-authored by Casey M. Hetman, P.Geo. with SRK Consulting (Canada) Inc.; James N. Gray, P. Geo. of Advantage Geoservices Ltd.; and Gary Simmons, BSc, Metallurgical Engineering, of GL Simmons Consulting LLC., filed under Liberty Gold’s Issuer Profile on SEDAR at http://www.sedar.com
Cautionary Note Regarding Goldstrike PEA
The Preliminary Economic Assessment at Goldstrike (“PEA”) is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves at this time, and as such there is no certainty that the preliminary assessment and economics set forth in the PEA will be realized. The authors of the Technical Report believe that Goldstrike should be taken to the next level of engineering study and economic assessment, typically a Pre-Feasibility Study. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Further information on the Goldstrike Project can be found in the NI 43-101 technical report entitled “Preliminary Economic Assessment and Independent Technical Report for the Goldstrike Project, Washington County, Utah USA”, effective February 8, 2018 and signed July 16, 2018 prepared by SRK Consulting (Canada) Inc., of Vancouver, British Columbia (“SRK”), Golder Associates Inc. of Reno, Nevada (“Golder”), Kappes Cassiday and Associates of Reno, Nevada (“Kappes”), Advantage Geoservices of Osoyoos, British Columbia and GL Simmons Consulting LLC of Larkspur, Colorado. Both of these documents are filed under Liberty Gold’s Issuer Profile on SEDAR at www.sedar.com
Cautionary Note regarding mineral properties on which a resource has not yet been determined
Black Pine (formerly Mineral Gulch) and portfolio projects disclosed on this website or in press released prepared by Liberty Gold are early stage exploration projects and do not contain any mineral resource estimates as defined by NI 43-101. The potential quantities and grades disclosed on such projects are conceptual in nature and there has been insufficient exploration to define a mineral resource for the targets disclosed herein. It is uncertain if further exploration will result in these targets being delineated as a mineral resource.
Further information on Black Pine is available in the technical report entitled “Technical Report of the Black Pine Gold Project, Cassia County, Idaho, USA” effective July 23, 2018 and signed September 7, 2018, prepared by prepared by Michael M. Gustin, CPG, of Mine Development Associates of Reno, Nevada, Moira T. Smith, Ph.D., P.Geo., Vice President, Exploration and Geoscience, Liberty Gold and William A. Lepore, M.Sc., P.Geo., Senior Project Geologist, Liberty Gold. Mr. Gustin is independent of Liberty Gold Corp and all its subsidiaries.
Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources
This website uses the terms "Mineral Resource", "Measured Mineral Resource", "Indicated Mineral Resource" and "Inferred Mineral Resource", Canadian mining terms as defined in accordance with NI 43-101 under guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended. The use of such terms is recognized and required by Canadian regulators; however these definitions differ from the definitions in the disclosure requirements promulgated by the United States Securities and Exchange Commission (the “SEC”). Accordingly, information contained on this website may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements of the SEC. An "Inferred Mineral Resource" has a great amount of uncertainty as to its existence and as to its economic and legal feasibility. It cannot be assumed that all or any part of an "Inferred Mineral Resource" will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. Readers are cautioned not to assume that all or any part of Measured or Indicated Resources will ever be converted into Mineral Reserves. Readers are also cautioned not to assume that all or any part of an "Inferred Mineral Resource" exists or is economically or legally mineable. In addition, the definitions of "Proven Mineral Reserves" and "Probable Mineral Reserves" under CIM standards differ in certain respects from the standards of the SEC. Under United States standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve calculation is made.
Third Party Links
The Company has provided links from this website to several other websites which are arms-length to the Company. The links are provided for the reader’s convenience only and the inclusion of the links from this website does not imply that the Company monitors or endorses the linked websites. Accordingly, the reader should be aware that in linking to these outside websites, the reader is leaving the Company’s website and that the Company is not responsible for the content of any other site.
All stock quotes are delayed at least 15 minutes unless otherwise stated. All stock quotes and historical stock price data are provided by third party service providers and are provided for informational purposes only, and are not intended for trading purposes. If you are contemplating trading in the securities of the Company, we strongly advise you to seek independent professional advice before making any investment decision. The Company makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided herein.
The Company's website does not collect any personal information about visitors to this website other than that which is specifically and knowingly provided by you. That personal information will not be transferred to any third party unless (i) otherwise stated at the time of collection, (ii) required by law, or (iii) in connection with any merger, amalgamation, plan of arrangement, sale of a significant portion of the Company’s assets or other similar corporate transaction of the Company. The Company does collect and maintain statistics relating to the number of visits to the website, the types of browsers used and the Internet Protocol Address of the originator. This information is used only for internal purposes.