Daily Archives: June 16, 2012

Liberty Gold Corp. Acquires Interest In McCord Creek Gold Project In Prime Alaskan Region

Posted: June 16, 2012 at 5:15 am

PHOENIX, June 15, 2012 /PRNewswire/ --Liberty Gold Corp. (OTCBB: LBGO; "Liberty Gold" and/or "the Company") is pleased to announce it has acquired a 60% interest* in the ~2,218-acre McCord Creek Property gold project in central Alaska's Tolovana Mining District. Liberty Gold will be the project's operator.

The McCord Creek project is comprised of 14 State mining claims located 70 miles northwest of Fairbanks in the Tintina Gold Belt, which has produced nearly 30 million ounces (Moz) of gold to date[1] and has experienced accelerated gold exploration, development, and mining activity over the years.[2]

The McCord Creek property is also located within the eastern extension of the Livengood gold district, and immediately adjoins the eastern side of International Tower Hill Mines' (ITH) Livengood Property. The Money Knob deposit on ITH's Livengood Property represents a resource estimate of 20.6 Moz gold (16.5 Moz Measured & Indicated; 4.1 Moz Inferred),[3] making it one of the largest gold deposits discovered in 20 years.[2] To the southeast of the McCord Creek property is Kinross Gold's Fort Knox mine, which produces over $1 million of gold equivalent per day.[4] Also to the southeast is the Pogo mine, which produced 324,722 troy ounces of gold in 2011.[5]

According to a 2012 technical report by David Adams, B.S., M.S., CPG, Liberty Gold's McCord Creek property exhibits 5 gold-in-soil anomalous zones with the maximum soil value exceeding 100 ppb gold. The 2 largest anomalies lie within the same sedimentary and volcanic package of rocks that contain ITH's Money Knob deposit.[2] All anomalous zones warrant additional exploration to pursue a deposit of similar nature to the Money Knob deposit.

As such, the Company is currently developing an exploration plan to evaluate the prospect's mineral potential. A phased exploration approach involving at least 2 field seasons will be necessary to accomplish an evaluation of the prospect. The target for the McCord Creek property is a dispersed gold system similar to ITH's Money Knob deposit, and possibly a nickel-platinum disseminated deposit. A minimum target size for gold would be 3 to 5 Moz contained in a bulk tonnage grading in the order of 1 gram per tonne (gpt). The potential net present value (NPV) for geological exploration targets of this magnitude is in the order of $1B to $3B.[2]

To the immediate east of Liberty Gold's McCord Creek property, ITH has announced plans calling for drilling 3,000 meters in 10 core holes focused on making new gold deposit discoveries on their Livengood property, with results expected throughout the summer and fall of 2012.[3] ITH's planned initial exploration drill holes lie within ~1 to 2 miles of Liberty Gold's McCord Creek property.

Lynn Harrison, Liberty Gold's President and CEO, commented: "The McCord Creek Property acquisition has enabled us to effectively establish a presence in this proven region of Alaska. Now we can proceed to build on our knowledge of the property's full mineral potential through further exploration and development activities."

FOR MORE INFORMATION

To learn more about the McCord Creek Property, and to read more about the Company and its latest news, visit Liberty Gold's website at http://www.libertygoldcorp.com.

ABOUT LIBERTY GOLD CORP.

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Liberty Gold Corp. Acquires Interest In McCord Creek Gold Project In Prime Alaskan Region

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Charles scores 20 as Sun shut down Liberty

Posted: at 5:14 am

UNCASVILLE, Conn. (AP) The New York Liberty caught the Connecticut Sun at the wrong time.

Tina Charles scored 20 points and the Sun had a record-setting first half en route to a 97-55 victory over the Liberty on Friday night, handing New York its worst loss in franchise history.

Mistie Mims and Renee Montgomery scored 13 points each, Asjha Jones had 10 points and eight rebounds and Kara Lawson also scored 10 points for the Sun (7-2).

All 11 players scored for Connecticut, which led 61-27 at halftime to set the league record for the largest lead at the break - besting Seattle's 33-point margin (60-27) at the half against Tulsa on Aug. 7, 2010.

It was also the Sun's biggest margin of victory, topping their 81-47 win over Washington on Aug. 26, 2005.

Connecticut was coming off an 87-81 loss to Los Angeles on Wednesday night in a game the Sun led with a little over a minute left.

''If you look at our record and see our two losses, we think we could've been undefeated,'' Connecticut's Kalana Greene said. ''It kind of ticks us off. ... The beauty of this part of the season is you play games almost every day. . You have a short-term memory and you get to kind of let off your energy and frustration on the next team.''

With team owner James Dolan sitting courtside, New York (3-7) eclipsed its 37-point defeat to Seattle on July 22, 2006.

''I don't want to take anything away from the Sun,'' Liberty coach John Whisenant said. ''They played well, but to lose like this, we had to play pretty bad. It was just a combination (of things). I've never lost a game like that in my coaching life.''

Essence Carson scored 10 of her 14 points in the first half for New York and was the team's only scorer in double figures. Liberty leading scorer Cappie Pondexter finished with seven points, all in the second half.

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Liberty Global to Hold Annual Meeting of Stockholders

Posted: at 5:14 am

ENGLEWOOD, Colo.--(BUSINESS WIRE)--

Liberty Global, Inc. (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) will be holding its Annual Meeting of Stockholders on Tuesday, June 19, 2012 at 10:00 a.m. Mountain Time at The Inverness Hotel and Conference Center, 200 Inverness Drive West, Englewood, Colorado 80112. The meeting will be webcast live at http://www.lgi.com. We intend to archive the webcast under the investor relations section of our website for approximately 30 days. In addition, the meeting will be available via teleconference:

800-510-9691

617-614-3453

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Please dial in to the teleconference 15 minutes prior to the start of the meeting. Following the meeting, a question and answer session will take place. Liberty Global may make observations concerning its historical operating performance and outlook. While the teleconference and webcast will both broadcast the question and answer session, participants can only ask questions via teleconference as the webcast will be listen-only.

About Liberty Global, Inc.

Liberty Global is the leading international cable operator offering advanced video, voice and broadband internet services to connect its customers to the world of entertainment, communications and information. As of March 31, 2012, Liberty Global operated state-of-the-art networks serving 20 million customers across 13 countries principally located in Europe and Chile. Liberty Globals operations also include significant programming businesses such as Chellomedia in Europe.

For more information, please visit http://www.lgi.com.

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Liberty Global to Hold Annual Meeting of Stockholders

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Is the NRA right that Obama is 'coming for our guns'?

Posted: at 5:13 am

Here's something you won't hear from the National Rifle Association: The Second Amendment is fading as a wedge issue in American politics, gun owners are winning, and President Barack Obama is doing little to alter the scales.

Nearly one in two Americans now have a gun in their home and just 26 percent favor an all-out ban on handguns, down from 60 percent in 1959, according to a recent Gallup survey. The number of Americans who support tighter gun laws is at an all-time low.

And Obama?

Gun talk has been almost anathema at the White House. Obama signed a bill in 2009 that allows people to carry loaded guns into most national parks; in 2011, he largely avoided a discussion to the anger of many activists about strengthening gun laws following the shooting of Arizona Rep. Gabrielle Giffords.

We couldn't find a word about gun policies on Obama's re-election website.

Yet, that's not what the NRA is focused on as it campaigns against Obama in 2012.

In a new campaign mailer the contents of which we expect to be repeated in emails and at dinner tables the gun rights group is casting Obama as a gun control crusader who is "coming for our guns."

PolitiFact decided to put some of the NRA's latest claims to the Truth-O-Meter.

The gun rights group says Obama supported former Massachusetts Sen. Ted Kennedy's proposal "to outlaw all deer-hunting ammunition."

That's False.

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Sen. Mitch McConnell on 1st Amendment, campaign finance,

Posted: at 5:13 am

15-06-2012 09:05 Says Obama administration wants to radically change the nature of free speech in the US, and warns that they will attempt to intimidate and harass critics into silence

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Wyoming lawsuit challenges FEC regulations

Posted: at 5:13 am

CHEYENNE Attorneys for three Wyoming residents who formed a grassroots organization called Free Speech filed a lawsuit in federal court Thursday challenging Federal Election Commission rules. Attorneys for Free Speech and the Wyoming Liberty Group claim the FEC rules, which may require grassroots groups like Free Speech to register as political action committees, are vague and overly broad. The lawsuit, filed in the court of federal District Judge Scott Skavdahl in Casper, seeks an injunction against the FEC to bar it from enforcing the rules and a declaratory judgment that the commissions definition of express advocacy is unconstitutional. Free Speech members want to spend about $2,000 on advertising to express their opinions on Wyoming issues, not to advocate for candidates, said Stephen Klein, attorney for the Wyoming Liberty Group. The problem is the three Wyoming residents and the FEC dont know whether Free Speech must register as a political action committee, Klein and Free Speech attorney Jack Speight said Thursday. The organization in February sought an advisory opinion from the FEC to be sure its program would be consistent with the law. Ultimately, the FEC provided three contradictory draft advisory opinions, the lawsuit said. If the group does not register as a political action committee and then runs ads, it could be deemed in violation of the rules and subject to civil and criminal penalties. The three board members of Free Speech listed in the lawsuit are Max Douglas Watford Jr. and Robert T. Brinkmann, both of Cheyenne and Charles Curley of Thermopolis. Their Free Speech group formed in February as an unincorporated, nonprofit association under Wyoming law and registered with the Internal Revenue Service as a 527 group. Free Speech is interested in gun, environmental, and farming and ranching issues, Speight said. The groups by-laws require that it operate independently of political candidates, committees and political parties, the lawsuit said. Two separate federal circuit courts have ruled against the FEC in similar lawsuits while a third upheld the FEC. This is the first time the FEC rules have been challenged in a court in the Tenth Circuit Court of Appeals. This law is so vague nobody can follow it, so vague the government can arbitrarily enforce it, Klein said. There needs to be a bright line between regulating candidate advocacy and regulating issue advocacy.

CHEYENNE Attorneys for three Wyoming residents who formed a grassroots organization called Free Speech filed a lawsuit in federal court Thursday challenging Federal Election Commission rules.

Attorneys for Free Speech and the Wyoming Liberty Group claim the FEC rules, which may require grassroots groups like Free Speech to register as political action committees, are vague and overly broad.

The lawsuit, filed in the court of federal District Judge Scott Skavdahl in Casper, seeks an injunction against the FEC to bar it from enforcing the rules and a declaratory judgment that the commissions definition of express advocacy is unconstitutional.

Free Speech members want to spend about $2,000 on advertising to express their opinions on Wyoming issues, not to advocate for candidates, said Stephen Klein, attorney for the Wyoming Liberty Group.

The problem is the three Wyoming residents and the FEC dont know whether Free Speech must register as a political action committee, Klein and Free Speech attorney Jack Speight said Thursday.

The organization in February sought an advisory opinion from the FEC to be sure its program would be consistent with the law.

Ultimately, the FEC provided three contradictory draft advisory opinions, the lawsuit said.

If the group does not register as a political action committee and then runs ads, it could be deemed in violation of the rules and subject to civil and criminal penalties.

The three board members of Free Speech listed in the lawsuit are Max Douglas Watford Jr. and Robert T. Brinkmann, both of Cheyenne and Charles Curley of Thermopolis.

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