Our Project Portfolio & Pipeline

Liberty Gold began drilling at Kinsley Mountain in late 2011, with a 12,000 metre infill and step-out core and RC drill program, designed to verify, define and expand the mineralized zones identified by previous operators. In conjunction with drilling, a comprehensive regional effort to identify new targets was completed, including new staking to the north in a largely unexplored area. Through this work, new mineralized zones were intersected in drilling (Candland Canyon and Western Flank).  The Western Flank Zone has been expanded to cover an area measuring approximately 600 metres by 100 metres. Drill highlights from the 2012 program include:

  • 6.03 g/t gold over 13.7 metres in hole PK061, including
        o  15.18 g/t gold over 4.6 metres;
  • 5.48 g/t gold over 20.4 metres in hole PK014C, including
        o 16.43 g/t gold over 5.5 metres; and
  • 2.30 g/t gold over 19.8 metres in hole PK057.

A three-dimensional model of geology and mineralization was created in order to aid in the selection of new, high-grade drill targets. Surface soil and rock samples show anomalous pathfinder geochemistry and alteration extending seven kms to the north of the historic open pits, consistent with the presence of a large mineralized system.

The 2013 work program at Kinsley consisted of 20,000 metres of core and RC drilling, and resulted in a new high grade discovery model at the Western Flank target.

Drill highlights from the 2013 include:

  • 8.53 g/t gold (Au) over 36.6 metres in PK091CA, including
       o   29.4 g/t Au over 7.6 metres
  • 5.00 g/t Au over 7.6 metres and 4.71 g/t over 7.3 metres in PK096C  
  • 2.50 g/t Au over 24.4 metres in PK104C
  •  1.65 g/t Au over 24.4 metres in PK074  
  •  6.34 g/t Au over 5.9 metres in PK106C, including
     o   9.91 g/t Au over 3.4 metres

Liberty Gold conducted a 25,600-metre, $6.04-million drill program at Kinsley Mountain in 2014. Highlights include:

  • 6.85 g/t Au over 41.7 metres in PK127C, including
           o   16.3 g/t Au over 8.5 metres (oxide), and
           o   20.5 g/t Au over 3.6 metres (oxide)
  • 10.5 g/t Au over 42.7 metres in PK131C, including
           o  18.3 g/t Au over 22.9 metres;
  • 7.53 g/t Au over 53.3 metres in PK132C, including
           o   14.9 g/t Au over 22.9 metres, and
           o   4.67 g/t Au over 7.6 metres
  • 0.6 g/t Au over 30.0 metres in PK133C (step-out), including
           o  16.1 g/t Au over 16.5 metres;
  • 21.3 g/t Au over 29.0 metres in PK137C* (infill), including
    •  46.4 g/t Au over 4.9 metres (oxide), and
    •  32.7 g/t over 11.4 metres
  • 15.6 g/t Au over 38.7 metres in PK137CA (infill), including
           o  26.2 g/t Au over 21.9 metres;
  • 3.35 g/t Au over 41.1 metres in PK144, including
           o  5.11 g/t gold over 4.6 metres;

*PK 137C was lost in the mineralized zone due to poor ground conditions higher in the hole, and does not represent a complete intercept of the zone.  PK137CA was wedged off the same hole from above the mineralized zone using NQ tools and was completed through the mineralized zone in a location immediately adjacent to PK137C, effectively representing a twin of PK137C and a complete intercept of the mineralized zone.

Holes PK127C and PK126C are step-outs located approximately 30 metres east and 30 metres west, respectively, of PK91CA, drilled in 2013 (8.53 g/t Au over 36.6 metres).

The upper stratigraphic unit hosting the gold in the Western Flank zone (Candland Shale) rises to the surface 500 metres to the south at the newly identified Right Spot target. Mapping and rock sampling at the Right Spot demonstrate a 250-metre north-northeast zone of surface jasperoids returning 1-5 g/t Au in grab samples. These features suggest that the Right Spot surface mineralization may result in a gold mineralized zone stretching more than one kilometre in length.  The underlying Secret Canyon Shale is mapped on surface another 0.5 km to the south of the Right Spot, and also hosts surface jasperoid bodies with Au up to 1.8 g/t in grab samples.

A new high-grade zone 150 metres northeast of the Wesern Flank Zone was discovered in 2015. Exploration drilling was focused on following up on the new discovery and testing a number of high-priority targets accross the property. The program was modified to expand and connect the new zone to the Western Flank and target the high-grade northwest trending structures in the historic mine trend.

2015 drill highlights include:

  • 2.34 g/t gold over 9.1 metres (Dunderberg shale host), AND

    • 3.46 g/t gold over 18.3 metres (Secret Canyon Shale host) in PK208 including

      • 13.7 g/t Au over  3.0 metres

  • 2.95 g/t Au over 13.7 metres (Secret Canyon Shale host) in PK210

In April 2016, a four-hole RC drill prgram targeting the area immediately below and southwest of the historic Main Pit commenced.  Results are pending.

For a table of 2011-2012 drill results, please click here.

For a table of 2013 drill results, please click here.

For a table of 2014 drill results, please click here.

For a table of 2015 drill results, please click here.

Kinsley Mountain is an early stage development project without any current resource estimates and there is no certainty that any such resource estimates will ever be established.

Moira Smith, Ph.D., P.Geo., VP Exploration & Geoscience, 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.