Goldstrike mine

Liberty Gold Receives Second Year Option Payments for Kinsley Gold Project – Nevada

Retrieved on: 
Monday, November 15, 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.

Key Points: 
  • 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.

Liberty Gold Reports Q3 2021 Financial and Operating Results

Retrieved on: 
Wednesday, November 10, 2021

Liberty Gold is focused on exploring the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining.

Key Points: 
  • Liberty Gold is focused on exploring the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining.
  • We know the Great Basin and are driven to discover and advance big gold deposits that can be mined profitably in open-pit scenarios.
  • Many assumptions are based on factors and events that are not within the control of Liberty Gold and there is no assurance they will prove to be correct.
  • 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 unless required by law.

Liberty Gold Reports Weighted Average 80.8% Gold Extraction in Phase 3 Metallurgical Column Testing - Black Pine Oxide Gold Deposit, Idaho

Retrieved on: 
Wednesday, October 27, 2021

Program details included:

Key Points: 
  • Program details included:
    Forty-five coarse bottle roll tests (target of 80% passing 10 mesh or 1.7 millimeter (mm) particle size) produced a weighted average 78.7% gold extraction.
  • Forty-five column tests targeted 80% passing 0.5 inch (12.7 mm) and 1 inch (25.4 mm) crushed material and produced a weighted average 80.8% gold extraction.
  • Most composites can be projected to coarse particle sizes approximating run of mine conditions without significant loss of gold extraction.
  • For a map showing locations of drill holes used for metallurgical testing, see Figure 3, below, or click here: https://libertygold.ca/images/news/2021/October/BlackPineMet3PRmap.pdf .

Liberty Gold Reports Resource Upgrade Drill Results from the Main Zone - Hamburg Pit, Goldstrike Oxide Gold Deposit, Utah

Retrieved on: 
Wednesday, October 20, 2021

VANCOUVER, B.C., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the "Company") is pleased to announce additional results from its 2021 Reverse Circulation (“RC”) drill program at the Goldstrike Oxide Gold Project in southwestern Utah (“Goldstrike”).

Key Points: 
  • Liberty Gold carried out extensive compilation, drilling and metallurgical work, releasing a resource estimate and PEA in 2018.
  • The resource includes an Indicated 925,000 oz of gold grading 0.50 g/t Au (57,846,000 tonnes) and an Inferred 296,000 oz of gold grading 0.47 g/t Au (19,603,000 tonnes), backed by over 1,700 drill holes.
  • Liberty Gold is focused on exploring the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining.
  • 1 Preliminary Economic Assessment entitled Preliminary Economic Assessment and Independent Technical Report for the Goldstrike Project, Washington County, Utah, USA dated July 16, 2018.

Liberty Gold Announces First 2021 Drill Results for the Goldstrike Oxide Gold Deposit, Utah – Great Basin, USA

Retrieved on: 
Wednesday, September 8, 2021

Ore was mined from 12 shallow pits, at an average grade of 1.2 g/t Au and an average recovery of approximately 75%.

Key Points: 
  • Ore was mined from 12 shallow pits, at an average grade of 1.2 g/t Au and an average recovery of approximately 75%.
  • Liberty Gold carried out extensive compilation, drilling and metallurgical work, releasing a resource estimate and Preliminary Economic Assessment (PEA) in 2018.
  • A sensitivity analysis using US$1,700/oz gold returns an NPV5% of US$291.7 million and an IRR of 52.4% representing strong economic returns at current gold prices.
  • Liberty Gold is focused on exploring the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining.

Ely Gold Receives Final Court Approval of Gold Royalty Business Combination

Retrieved on: 
Friday, August 20, 2021

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2021) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that Ely Gold has obtained a final order from the Supreme Court of British Columbia, dated August 20, 2020, fulfilling a material condition of their previously announced business combination to be completed by way of statutory plan of arrangement under the British Columbia Business Corporations Act (the "Arrangement").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 20, 2021) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that Ely Gold has obtained a final order from the Supreme Court of British Columbia, dated August 20, 2020, fulfilling a material condition of their previously announced business combination to be completed by way of statutory plan of arrangement under the British Columbia Business Corporations Act (the "Arrangement").
  • With this court approval, most of the terms and conditions to the implementation of the Arrangement have now been met, including the approval of Ely Gold shareholders ("Ely Shareholders") obtained at a special general meeting held on August 17, 2021.
  • Pursuant to the Arrangement, GRC will acquire all of the issued and outstanding Ely Gold Common Shares (the "Ely Gold Shares").
  • About Ely Gold Royalties Inc.
    Ely Gold Royalties Inc. is a Nevada focused gold royalty company.

Ely Gold Receives Final Court Approval of Gold Royalty Business Combination

Retrieved on: 
Friday, August 20, 2021

VANCOUVER, BC, Aug. 20, 2021 /PRNewswire/ - Ely Gold Royalties Inc.(TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that Ely Gold has obtained a final order from the Supreme Court of British Columbia, dated August 20, 2020, fulfilling a material condition of their previously announced business combination to be completed by way of statutory plan of arrangement under the British Columbia Business Corporations Act (the "Arrangement") With this court approval, most of the terms and conditions to the implementation of the Arrangement have now been met, including the approval of Ely Gold shareholders ("Ely Shareholders") obtained at a special general meeting held on August 17, 2021.

Key Points: 
  • VANCOUVER, BC, Aug. 20, 2021 /PRNewswire/ - Ely Gold Royalties Inc.(TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that Ely Gold has obtained a final order from the Supreme Court of British Columbia, dated August 20, 2020, fulfilling a material condition of their previously announced business combination to be completed by way of statutory plan of arrangement under the British Columbia Business Corporations Act (the "Arrangement") With this court approval, most of the terms and conditions to the implementation of the Arrangement have now been met, including the approval of Ely Gold shareholders ("Ely Shareholders") obtained at a special general meeting held on August 17, 2021.
  • Pursuant to the Arrangement, GRC will acquire all of the issued and outstanding Ely Gold Common Shares (the "Ely Gold Shares").
  • Ely Gold Shareholders that own their Ely Gold Shares through a broker or other intermediary should contact such broker or other intermediary regarding their receipt of GRC Common Shares under the Arrangement.
  • About Ely Gold Royalties Inc.
    Ely Gold Royalties Inc. is a Nevada focused gold royalty company.

Liberty Gold Files Technical Report on SEDAR for Resource Estimate at Black Pine Oxide Gold Deposit, Great Basin, USA

Retrieved on: 
Thursday, August 19, 2021

The NI 43-101 Technical Report is entitled Updated Technical Report and Resource Estimate for the Black Pine Gold Project, Cassia County, Idaho, USA, effective June 20, 2021, and signed August 18, 2021 (the Technical Report).

Key Points: 
  • The NI 43-101 Technical Report is entitled Updated Technical Report and Resource Estimate for the Black Pine Gold Project, Cassia County, Idaho, USA, effective June 20, 2021, and signed August 18, 2021 (the Technical Report).
  • The Technical Report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by Michael Gustin, P.
  • Black Pine is located in the northern Great Basin, immediately adjacent to the Utah/Idaho border.
  • Like Newmonts Long Canyon deposit, Black Pine represents a growing number of Carlin-style gold systems located off the main Carlin and Cortez trends in underexplored parts of the Great Basin.

Ely Gold Shareholders Approve Gold Royalty Business Combination

Retrieved on: 
Wednesday, August 18, 2021

Vancouver, British Columbia--(Newsfile Corp. - August 18, 2021) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that, at a special meeting of Ely Gold shareholders (the "Ely Gold Shareholders") held August 17, 2021 (the "Meeting"), the Ely Gold Shareholders overwhelmingly approved a special resolution (the "Arrangement Resolution") authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement (the "Arrangement") under the British Columbia Business Corporations Act.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 18, 2021) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that, at a special meeting of Ely Gold shareholders (the "Ely Gold Shareholders") held August 17, 2021 (the "Meeting"), the Ely Gold Shareholders overwhelmingly approved a special resolution (the "Arrangement Resolution") authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement (the "Arrangement") under the British Columbia Business Corporations Act.
  • Based on the elections received from Ely Gold Shareholders and after pro-rationing and adjustments in accordance with the Arrangement, each Ely Gold Share is expected to be acquired by GRC in exchange for 0.2450 of a GRC Common Share, plus $0.0001 for Ely Shareholders who elected, or were deemed to have elected, the Share Alternative; and 0.099166 of a GRC Common Share, plus $0.869053 for Ely Shareholders who elected the Cash Alternative.
  • Ely Gold Shareholders that own their Ely Gold Shares through a broker or other intermediary should contact such broker or other intermediary regarding their receipt of GRC Common Shares under the Arrangement.
  • About Ely Gold Royalties Inc.
    Ely Gold Royalties Inc. is a Nevada focused gold royalty company.

Ely Gold Shareholders Approve Gold Royalty Business Combination

Retrieved on: 
Wednesday, August 18, 2021

VANCOUVER, BC, Aug. 18, 2021 /PRNewswire/ - Ely Gold Royalties Inc.(TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that, at a special meeting of Ely Gold Shareholders (the "Ely Gold Shareholders") held August 17, 2021 (the "Meeting"), the Ely Gold Shareholders overwhelmingly approved a special resolution (the "Arrangement Resolution") authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement (the "Arrangement") under the British Columbia Business Corporations Act.

Key Points: 
  • VANCOUVER, BC, Aug. 18, 2021 /PRNewswire/ - Ely Gold Royalties Inc.(TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that, at a special meeting of Ely Gold Shareholders (the "Ely Gold Shareholders") held August 17, 2021 (the "Meeting"), the Ely Gold Shareholders overwhelmingly approved a special resolution (the "Arrangement Resolution") authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement (the "Arrangement") under the British Columbia Business Corporations Act.
  • Ely Gold Shareholders that own their Ely Gold Shares through a broker or other intermediary should contact such broker or other intermediary regarding their receipt of GRC Common Shares under the Arrangement.
  • About Ely Gold Royalties Inc.
    Ely Gold Royalties Inc. is a Nevada focused gold royalty company.
  • Management believes that due to Ely Gold's ability to locate and purchase third-party royalties, its strategy of organically creating royalties and its gold focus, Ely Gold offers shareholders a favorable leverage to gold prices and low-cost access to long-term gold royalties in safe mining jurisdictions.