December 2017 

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Peter Shabestari


11 December 17




Goldstrike is a Carlin-style, sedimentary rock–
hosted gold property located in Washington
County, southwest Utah, with a stratigraphic
and structural setting and gold mineralization
similar to other sediment-hosted gold systems
in the Great Basin. Liberty Gold controls 100%
of the 7400 ha property.
Discovered in the late 1890’s, Goldstrike
intermittently produced small amounts of gold
from underground mines. Modern exploration
began in 1978 and an oxide heap-leach mine
was operated by Tenneco (then USMX) from
1988 to 1994. It produced approximately
209,000 oz. of gold and 197,000 oz. of silver
from 8 million tonnes of ore at an average
grade of 1.2 g/t gold; production was from 12
shallow pits, and closed due to low gold prices
and lack of space on the leach pads.

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