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The latest update is out from Liberty Gold ( (TSE:LGD) ).
Liberty Gold has discovered a third zone of high-grade antimony mineralization at Antimony Ridge, prompting the company to spin out the Goldstrike Project into a new U.S.-focused strategic metals company. This move aims to create shareholder value by establishing a separate entity centered on the promising antimony discovery, which has shown significant mineralized zones and potential for further exploration and development, indicating a strong market opportunity.
More about Liberty Gold
Liberty Gold Corp. operates in the mineral exploration industry, focusing on oxide gold projects and strategic metals. It has been actively involved in the development of projects like Black Pine Oxide Gold and Antimony Ridge, strategically positioning itself in the U.S. metals market.
YTD Price Performance: 37.70%
Average Trading Volume: 208,713
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $91.11M
See more insights into LGD stock on TipRanks’ Stock Analysis page.
