Liberty Gold drops on deal to sell Utah Gage project to Blue Moon Metals

Shares of Liberty Gold Corp LGD.TO down 6.5% to C$1.09

Co says it will sell its copper-gallium-germanium Gage Project in Utah to Blue Moon Metals MOON.V

Co says it will receive Blue Moon shares worth about $2 million and a net smelter return royalty with a pre-production buyback option, excluding SITLA land

Co says it expects the deal to close in the next 30 days

LGD stock was pressured by a 2.6% fall in gold prices XAU=

Including session's move, LGD up 32.5% YTD