Liberty Gold Receives Second Year Option Payments for Kinsley Gold Project – Nevada
The receipt of US$1.25 million in cash, due pursuant to the Option Agreement, is expected to be received prior to November 19, 2021.
- The receipt of US$1.25 million in cash, due pursuant to the Option Agreement, is expected to be received prior to November 19, 2021.
- The Option Agreement is consistent with Liberty Golds strategy of re-deploying capital into advancing both the Black Pine and Goldstrike oxide gold development projects.
- As of November 12, 2021, Liberty Gold now holds 26,066,346 NPD Shares (C$2.7 million in value), representing approximately 15.8% of the issued and outstanding shares on an undiluted basis.
- Both Liberty Gold and Cal Everett, the Companys President and CEO will declare as insiders of New Placer Dome.