Liberty Gold Begins Feasibility Study Engineering at Black Pine
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) is excited to announce the official start of feasibility study engineering at the Black Pine Oxide Gold Project in Idaho. This significant phase follows the successful completion of the Preliminary Feasibility Study conducted earlier. The company has gathered a robust engineering team experienced in advancing mineral exploration projects.
Engineering Team and Partners
To facilitate the transition into engineering, Liberty Gold has re-engaged M3 Engineering & Technology Corp, which played a crucial role in the preliminary stages. Their involvement ensures a seamless continuation of project knowledge and operational efficiency.
The M3 team will lead in coordinating the overall project, designing the processing plant and site infrastructure. This collaborative effort maintains consistency and excellence, crucial for the project's advancement.
Key Consultants for the Feasibility Study
Alongside M3 Engineering, several other firms have been selected for their expertise, having previously engaged with Black Pine's data. These firms are:
- SLR Consulting Ltd. – Mineral Resource assessment.
- AGP Mining Consultants Inc. – Mine engineering and optimization.
- Knight Piésold Ltd. – Geotechnical analysis and design recommendations.
- Forte Dynamics Inc. – Heap leach modeling and optimization.
- NewFields Inc. – Infrastructure and facility design.
- Piteau Associates Ltd. – Hydrology and hydrogeology services.
Each of these firms has demonstrated superior technical capabilities, a vital requirement for the success of the feasibility study. Their extensive experience with Black Pine allows them to adequately leverage existing data while maintaining high standards of project execution.
Feasibility Study Goals
The goal of the feasibility study is to confirm the economic viability of the Black Pine Gold Project. This involves conducting extensive evaluations of various mining and processing scenarios, ensuring compliance with regulatory standards under NI 43-101. The study is anticipated to reinforce the project’s potential, advancing to a stage where construction can become a reality.
“The initiation of this feasibility phase marks a pivotal moment for Liberty Gold,” shared Jon Gilligan, the company’s President & CEO. He emphasized the importance of teamwork and expertise, stating that the continuity from the PFS to the feasibility stage is crucial for enhancing the project's development.
Support from M3 Engineering
Alberto Bennett, CEO of M3 Engineering, expressed enthusiasm about supporting Liberty Gold through this critical phase. Their focus is on delivering a comprehensive study that resonates with the project’s potential, reflecting their commitment to excellence.
About Liberty Gold
Liberty Gold is dedicated to developing open-pit oxide deposits in the Great Basin area of the United States. This region is renowned for its rich gold resources and offers significant opportunities for profitable mining operations. The Black Pine Project stands out as a promising, past-producing Carlin-style gold system, showcasing a growing resource base and substantial economic prospects.
The company is adamant about leveraging its deep understanding of the Great Basin to uncover and nurture valuable gold deposits that can be mined effectively while maintaining environmentally responsible practices.
For inquiries, Liberty Gold can be reached at:
Susie Bell, Manager, Investor Relations
Phone: 604-632-4677 or Toll Free 1-877-632-4677
Email: info@libertygold.ca
Frequently Asked Questions
What is the Black Pine Oxide Gold Project?
The Black Pine Project is a significant open-pit gold mining initiative located in Idaho, focusing on the extraction of oxide gold deposits.
Who is leading the feasibility study for Liberty Gold?
M3 Engineering & Technology Corp. is appointed as the lead consultant for the feasibility study.
What are the main goals of the feasibility study?
The study aims to validate the economic feasibility of the Black Pine Project, ensuring it meets regulatory standards.
Who are the other key consultants involved?
Additional consultants include SLR Consulting, AGP Mining Consultants, Knight Piésold, Forte Dynamics, NewFields, and Piteau Associates.
How can I contact Liberty Gold for more information?
Contact Liberty Gold's Investor Relations Manager, Susie Bell, via phone at 604-632-4677 or email at info@libertygold.ca.