Metallurgical Modelling
Search documents
Liberty Gold Reports New High-Grade Oxide Gold Drill Intercepts at Discovery Zone, Black Pine Gold Project, Idaho
Globenewswire· 2025-10-29 10:00
Core Viewpoint - Liberty Gold Corp. has announced strong oxide gold assay results from nine infill drill holes in the Discovery Zone at its Black Pine Gold Project, indicating significant potential for resource conversion and mine design [1][2][5]. Summary by Sections Drill Results - Drill hole LBP1171 reported 1.53 g/t Au over 85.3 meters, including 5.19 g/t Au over 9.1 meters, marking it as the highest unmined intercept at Black Pine based on grade-thickness [1][7]. - Drill hole LBP1155 showed 1.17 g/t Au over 59.4 meters, with a high-grade section of 3.44 g/t Au over 15.2 meters [1][7]. - Other notable results include 2.44 g/t Au over 10.7 meters in hole LBP1168 and 2.35 g/t Au over 10.7 meters in hole LBP1139, demonstrating excellent continuity of near-surface oxide mineralization [1][7]. Project Development - The ongoing feasibility drill program is approximately 40,000 meters, aimed at supporting resource conversion, metallurgical modeling, geotechnical studies, and mine design [1][3]. - The results from the first nine drill holes are part of a planned 35-40 hole program, reinforcing the continuity of high-grade domains in the Discovery Zone [3][5]. Future Plans - The company is currently utilizing multiple drill rigs for resource conversion and expansion, with additional assays pending [9]. - A geotechnical rig is expected to arrive in early November to complete site soil engineering works, further supporting the project’s development [9]. Company Overview - Liberty Gold focuses on developing open-pit oxide deposits in the Great Basin, a region known for its prolific gold production [11]. - The Black Pine Project is a past-producing, Carlin-style gold system with a growing resource and strong economic potential [11].