07:30 AM EDT, 05/13/2025 (MT Newswires) -- Liberty Gold ( LGDTF ) on Tuesday said it started feasibility fieldwork at its Black Pine Oxide Gold project in southeastern Idaho.
The company said the program confirms initiation of a formal feasibility study on Black Pine and the technical data collected will support feasibility-level engineering studies, planned to begin in the fourth quarter. The program includes one reverse circulation exploration drill which is currently active, with a second reverse circulation drill rig scheduled to arrive by the end of May. The company added that the approximately 40,000-meters drill program is aimed at resource upgrade and extensions to mineralization in the Discovery, Rangefront, CD and M Zone areas.
A statement noted that a Sonic drill rig has begun a comprehensive drill test of the legacy Heap Leach Pad to define the characteristics of the material and assess remnant ounces of gold to add to the current mine plan. The company also reported that two phases of metallurgical studies are planned, which includes a surface bulk sampling program to support large diameter column testing and metallurgical studies including material from a lower grade set of oxide composites to assess recoveries in an eventual mining scenario.
"Black Pine continues to impress with the extent of the gold system and this year should highlight the project as the premier gold development project in the Great Basin," said Liberty Gold's ( LGDTF ) President and Chief Operating Officer Jon Gilligan. "In parallel, we are well underway with the mine permitting process having submitted our draft Mine Plan of Operations earlier this year and preparing to commence work on the draft EIS in close collaboration with Federal and state regulators."