Core Insights - Liberty Gold Corp. has successfully completed a sonic drilling program at its Black Pine Oxide Gold Project, confirming the presence of recoverable gold in the legacy heap leach pad, which presents an opportunity for resource and reserve expansion [1][2][5] Group 1: Project Developments - The sonic drilling program consisted of 24 holes totaling 1,400 meters across approximately 31 million tonnes of legacy heap, with assay results indicating residual gold grades ranging from 0.06 to 1.18 grams per tonne [8] - The relocation of the legacy heap is expected to enhance the Rangefront open pit design, potentially providing access to an estimated 250,000 ounces of oxide gold mineralization [2][5] - A resource estimate for the legacy heap leach pad is currently underway, with samples being prepared for metallurgical testing as part of the feasibility program [2][9] Group 2: Economic Implications - The results suggest that the recoverable gold from the legacy heap could cover the costs of rehandling and reprocessing, making it a strong value proposition for the company [5] - The potential for reducing construction capital by reusing legacy heap material as an over-liner for the new heap leach pad is highlighted, which could lead to significant cost savings [8][9] - The company is committed to responsible development and value creation through this project, emphasizing the importance of cooperative agency relationships [5] Group 3: Next Steps - Ongoing metallurgical testing will assess the leach-recoverable gold from the legacy heap and its suitability for use as an over-liner replacement [9] - Following the completion of metallurgical tests, mine planning will be updated to potentially incorporate legacy heap material into the overall feasibility production schedule [9] - Discussions with relevant State and Federal agencies will continue regarding the evaluation and potential relocation of the legacy heap material [9]
Liberty Gold Confirms Gold Recovery Opportunity in the Legacy Heap at the Black Pine Oxide Gold Project, Idaho
Globenewswireยท2025-08-27 10:00