Liberty Gold’s 100%-owned Brik Property is a volcanic-hosted, low-sulphidation epithermal gold system with oxide gold mineralization exposed in outcrop in at least five distinct target areas.  It is located on the northern flank of the Cedar Range in east-central Lincoln County, Nevada, approximately 14 kilometres southeast and 25 kilometres northeast of the towns of Panaca and Caliente, respectively. It consists of 27 unpatented lode claims on BLM ground.

Although the Brik Property was the site of sporadic small-scale historic mineral exploration, Liberty Gold’s effort represents the first comprehensive modern drilling program on the property. 

Exploration programs in 2010 and 2011 by Fronteer Gold and Liberty Gold consisted of geologic mapping and geochemical sampling, including rock-chip, soil, and stream sediment samples.  This work identified five prospective gold exploration target areas on the property: the Brik vein, the Sinter zone, the Hidden Treasure target, the Maui Wash area, and the East Jasperoid target. In 2011, Liberty drilled 27 reverse-circulation holes in the five target areas. The highlight of the drilling program was the discovery of a mineralized zone on the Hidden Treasure target area defined by five adjacent drill holes with significant gold intercepts. Drill highlights from Hidden Treasure include:

• 2.41 g/t gold over 16.7 metres, including 14.95 g/t gold over 1.5 metres, and
  0.99 g/t gold over 18.3 metres, from surface in hole PB-24;
• 1.30 g/t gold over 19.8 metres from surface in hole PB-17; and
• 0.82 g/t gold over 35.0 metres from surface in hole PB-25.

An additional four target areas were also drilled. Encouraging oxide gold mineralization was intersected in eight holes, including a shallow gold intercept of 1.00 g/t over 7.6 metres at the Sinter Target, which has the potential to be expanded in all directions with additional drilling. 

Click here to see a comprehensive table of drill intercepts completed to date, including non-reportable intercepts.

Brik 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. This property is currently under option to K2 Resources, Inc.

The Easter Property is situated on the east flank of the Delamar Mountains, approximately 13 kilometres southwest of Caliente, Nevada and 12 kilometres east-northeast of the Delamar mine in Lincoln County, Nevada. It consists of 46 unpatented lode claims on BLM ground.

This property is currently under option to K2 Resources, Inc.

The Stateline property is a large, low-sulphidation epithermal gold and silver system. It is situated on the east flank of the Paradise Mountains, approximately 37 kilometres east of Panaca, Nevada and 88 kilometres northwest of Cedar City in Iron County, Utah. It consists of 94 unpatented lode claims on BLM land, approximately 1488 acres.

Significant historic mining took place on the property, however production figures are not known. From 2008 to 2010, the property was leased to Newmont Mining from Fronteer Gold.

The Anchor property lies within the southern portion of the Eureka-Battle Mountain Mineral Trend, Nevada and is located about 4.8 kilometres northwest of the Archimedes deposit.  It consists of 54 unpatented lode claims on BLM land.

Previous surface sampling and drilling suggest that Anchor contains a sediment-hosted, Carlin-type gold system.  In 2010, Fronteer Gold completed a reconnaissance of the area surrounding the current claim block and 100 rock chip samples were collected for analysis from outcrops and sub-crops in the area. To assist with additional drill targeting, a gravity survey on a grid with 200-metre spacing was performed in the fall of 2010. Additional claims were staked to cover targets identified by this work.

The Sandy Project is a sediment-hosted gold property located at the northern end of the Groom Range in Lincoln County, Nevada, about 5 miles southwest of the town of Rachel.  The property consists of 54 unpatented lode mining claims owned 100% by Liberty Gold on BLM ground, and was staked due to structural and stratigraphic similarities to the Long Canyon, Kinsley Mountain and Bald Mountain properties.

Sandy covers a section of Cambrian limestone and shale overlain by Tertiary volcanics. Jasperoid is developed after limestone and shale along north-northwest structures and as tabular masses concordant with the east dipping limestone. Gold-bearing jasperoid, reportedly containing gold values up to 15 ppm, can be traced intermittently across an area 2,400 feet wide and along strike for 9,000 feet. The north end of the jasperoid alteration extends under pediment cover.  

WX Syndicate drilled approximately 12 shallow holes in the 1980s, and multiple intercepts were encountered, including 20 feet at 0.024 opt Au (0.828 g/t Au).  One single hole drilled well away from the range front in the pediment reportedly intercepted 0.014 opt gold in non-jasperoidal shale host rock at 120 feet (36.5 m) depth.

Liberty Gold’s Viper project is located in Elko County, Nevada, approximately 70 kilometres northeast of Montello. The project consists of 40 claims covering 597 acres, plus 2,054 acres  of private mineral rights owned and leased by Liberty Gold. The total project area covers 2,651 acres. 

The Viper project was generated through grassroots exploration by Liberty Gold’s team and is located in an emerging off-trend district in northeast Nevada. Viper is hosted within Mississippian carbonate stratigraphy and displays low-sulphidation, epithermal-style gold and silver mineralization in three primary zones, the largest of which is approximately 1.5 kilometres long by 0.5 kilometres wide. In 2010 an airborne magnetic survey, orientation gravity lines and geological mapping were completed to follow up on encouraging gold-in-rock and soil results received in 2009.

In 2011, Liberty Gold completed a 3,400 metre RC drill program that resulted in a new bulk tonnage style gold discovery at Viper. Highlights from this program include:

• 1.09 g/t gold and 20.98 g/t silver over 33.5 meters from surface, in hole PV-003;
• 0.47  g/t gold  and 4.08 g/t silver over 7.6 meters from 16.8 meters in hole PV-002;
•  0.51 g/t gold and 5.86 g/t silver over 13.7 meters from surface, in hole PV-004; and,
•  0.60 g/t gold and 7.48 g/t silver over 6.1 meters from 21.3 meters.

Click here to see a comprehensive table of drill intercepts completed to date, including non-reportable intercepts.

Viper 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.

This property is currently under option to K2 Resources, Inc.