TSX.V: LGR

USA Gold Projects

  • Logan Resources Ltd. has entered into an option agreement with Liberty Gold Corp. to evaluate nine mineral gold exploration projects and earn a participating interest of up to 80% on four of the projects
  • The properties are all located in Nevada or Utah, USA, two mining friendly jurisdictions
  • Nine gold properties to evaluate in the USA provides optionality
    • One (Brik) contains significant gold mineralization in the near surface and was selected by Logan as a priority drill target
    • One (Drum) is adjacent to a former mine which produced 85,000 ounces at an average grade of 1.3g/t
    • One (Griffon) is a past producing open pit heap leach that produced over 100,000 ounces at an avg. grade of 1.2g/t
    • All of the remaining seven have been drilled in the past with significant data available for most
    • Four are essentially drill ready (of which two are already permitted)                                                                                                                

QP Statement
Dr. Craig Bow, Vice President Exploration of Logan, is a Qualified Person (“QP”) as defined by National Instrument 43-101.  The QP is a member in good standing of the American Institute of Professional Geologists as a Certified Professional Geologist (CPG.). Dr. Bow has reviewed and is responsible for the technical information disclosed on the website relating to the USA Gold Projects.