The Belefuani Toto Range Project is located in the northern region of Bong County approximately 3.5 hours drive from Monrovia.
Artisanal miners are actively mining the hard rock material on the locally named ‘Gold Hill’ where chip samples of mafic schist from the footwall of one of the mining areas returned values from 1.6 to 33.14 g/t gold, and a sample of non in-situ hard rock acquired from local artisanal miners returned a value of 21.3 oz/t gold suggesting a potential high grade deposit.
The Toto Range Prospect lies within Liberty’s Belefuani License and is underlain predominantly by Precambrian igneous and metamorphic rocks. These are mainly granitic gneiss, granite and the mafic intrusives that have been schistosized with the banded iron formation (BIF) which forms the greenstone belt of the Archæan series.
There are occasional intrusives of diorite and dolerite on the Toto Range. These rocks have been altered with hematite, carbonates and sericite and sometimes chlorite. The quartz veins and veinlets are also interlayered along the foliation planes of the schist.
The general trend of these rocks is NE - SW and dips are between 50° -70° to the west. However, the mafic schist on the Toto Range seems to have undergone some synclinal folding. They dip to the west on the eastern side and vice versa on the western side. The veins are also parallel to the general strike of the schist and the granites, as well as the other rock units. They also dip the same as the granite and the schist.
Gold mineralization is generally associated with sulphides and chloritic and intense carbonate alterations. The rock chip samples taken from the Toto Range show that the contact between the granite and the mafic schist is associated with mineralization which means it is also structurally controlled. The quartz veins and veinlets are sometimes controlled by the ground orientation and lineation.
A soil geochemical gold-in-soils anomaly consistent for 3.6km in length and averaging 350m in width was identified by Liberty geologists as the result of an extensive geochemical program over the area.
Sagax Geophysics S.A. was contracted to conduct combined gradient array and pole-dipole IP surveys over the main target area, resulting in the identification of geophysical signatures that correspond to the geochemical anomalies and which appear to indicate the existence of at least two parallel structures.
The main strike zone is highly sheared with extensive carbonate alteration and fine quartz veining suggesting a potential structurally controlled stockworks system. The main zone of mineralization identified to date lies between the two high chargeability zones and is undergoing extensive trenching programs to further substantiate primary drill target delineation.
Two trenches approximately half a kilometre apart were also dug across one of the high chargeability zones and both trenches intersected approximately 20 meter wide zones of identical sheared, carbonate altered material with extensive quartz veining.
Liberty’s Belefuani trench results recieved to date on the main mineralized zone have returned high values in the weathered saprolite of 2.56 g/t gold over 15.7m including 1.8m @18.16 g/t gold and 1.36 g/t gold over 45m inc. 2m @13.67 g/t Au. Liberty is currently awaiting trench sample results from the lab on 13 new trenches over the main mineralized zone and additional trenching is ongoing.
A $380,000 road has been completed to create year round access for drill rigs and heavy equipment. Based on trench results received to date, ground geophysics, geological observations and identified structure, Liberty geologists are hopeful of encountering mineralization at depth over the first initial 1.4 km of the primary target zone.
Liberty believes an 8,000 meter combination RC/DD core drill program will be able to produce an initial inferred resource calculation on the main zone as well as on the two parallel altered zones. The proposed budget for the initial Belefuani drill program, including an initial inferred resource calculation and an NI 43-101 technical report, is $1.5 million United States Dollars.