Liberty Gold Initiates Major Drill Program at Black Pine Project
Liberty Gold Launches Extensive Drill Program at Black Pine
Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) is excited to announce the commencement of a robust 40,000 meter feasibility drill program at its Black Pine Oxide Gold Project located in southeastern Idaho. This initiative marks a significant step towards a formal feasibility study, providing essential technical data that will guide feasibility-level engineering studies scheduled to begin later this year.
Program Highlights for 2025
The ongoing drill program is designed to upgrade resources and explore extensions of mineralization particularly in key areas such as the Discovery, Rangefront, CD, and M Zone. Currently, one reverse circulation (RC) exploration drill is operational, while another is expected to join by the end of the month. Here are the principal objectives set for this ambitious drilling effort:
Resource Upgrade Focus
- The Rangefront zone, where over 1 million ounces of oxide gold remain open for exploration, will be thoroughly examined for near-surface mineralization.
- Infill drilling in the Discovery zone aims to enhance the conversion of resources to the measured category, alongside confirming geo-metallurgical domain modeling.
- Resource conversion is further planned along the CD to F Zones, to identify the southeast and northwest extensions where mineralization still presents opportunities.
Legacy Heap Leach Pad Exploration
A Sonic drill rig has commenced a detailed investigation into the legacy Heap Leach Pad (HLP). This effort focuses on defining the material characteristics and evaluating remnant ounces of gold that could be incorporated into the mine plan, amounting to approximately 1,200 meters over 20 holes.
Metallurgical Studies and Environmental Efforts
In addition to drilling, Liberty Gold is advancing critical metallurgical studies. Phase 6 will consist of surface bulk sampling to support large diameter column testing, while Phase 7 will analyze lower-grade oxide composites to assess recovery rates pertinent to future mining scenarios. Moreover, extensive hydrologic studies are occurring, including additional monitoring wells and large-scale aquifer pump testing.
Jon Gilligan’s Insights on the Initiative
Jon Gilligan, President and COO of Liberty Gold, expressed enthusiasm over the ongoing work at Black Pine. He stated, “We are thrilled to initiate this year of fully funded work at Black Pine, with the goal of delivering an updated feasibility-level resource by year-end and a comprehensive feasibility study in the latter half of 2026. The size and potential of the Black Pine gold system continue to impress, reaffirming its status as a premier gold development project in the Great Basin.”
About Liberty Gold Corp.
Liberty Gold is devoted to the exploration and advancement of open-pit oxide deposits situated in the Great Basin region of the United States—one of the most prolific gold-producing areas globally. The Black Pine Project, characterized by its Carlin-style gold system, demonstrates vast growth potential. The company's strategy emphasizes the discovery and advancement of substantial gold deposits that can be mined profitably while adhering to environmentally responsible practices.
For inquiries, please contact:
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 main purpose of the drill program at Black Pine?
The drill program aims to upgrade resources, explore extensions of mineralization, and provide data for a formal feasibility study.
How many meters is the drill program set for?
The program is designed for an extensive 40,000 meters of drilling to evaluate resource potential.
When are the feasibility studies expected to be completed?
Liberty Gold aims to deliver an updated feasibility resource by the end of the year and a comprehensive feasibility study in the second half of next year.
What key areas will the drilling focus on?
The drilling will focus on the Discovery, Rangefront, CD, and M Zone areas to assess resource potential and mineralization extensions.
How does Liberty Gold ensure environmental responsibility?
The company is committed to conducting its operations responsibly and is preparing to begin work on the draft Environmental Impact Statement while collaborating with regulators.
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