Liberty Gold announces strong oxide gold assays from nine infill drill holes in the Discovery Zone at its Black Pine Gold Project in southeastern Idaho. These results are part of the ongoing ~40,000 metre feasibility drill program designed to support resource conversion, metallurgical modelling, geotechnical studies and mine design.
This series of holes in Discovery were planned to increase confidence in the mineralization and metallurgical models in an area previously defined largely by historic drilling. Notably, drill hole LBP1171 contains the 8th highest unmined intercept at Black Pine on a grade-thickness basis.
The upper portion of this intercept has confirmed the extension of a previously mined high-grade shoot in the historic B Pit area, which will now be included in the upcoming Feasibility Resource model.
Overall, the Discovery Zone continues to demonstrate excellent continuity of near-surface oxide mineralization with high-grade domains that are laterally continuous in multiple directions.
Multiple stacked, flat-lying zones of oxide mineralization show excellent continuity in the core of Discovery, supporting the existing grade modeling and conversion of Inferred to the Indicated ounces category for the Feasibility Study.
Drilling has also validated the metallurgical models used in the PFS study with all intercepts confirming or expanding the highest recovery metallurgical zones based on cyanide soluble assay results.
Results will feed directly into the updated Feasibility Resource model scheduled for Q4 2025, underpinning mine design, metallurgical domain modelling, and early-phase production planning.
One core and three RC drill rigs continue drilling within Discovery and Rangefront zones, with additional assays pending.
Jon Gilligan, President and CEO, stated: “While Rangefront expands towards a potential cornerstone starter pit, today’s Discovery Zone results reinforce why Black Pine is an exceptional oxide gold system. We are drilling thicker-than-expected oxide mineralization with consistent grade — precisely the type of material required for Feasibility conversion. These results reinforce Discovery as a high-margin mining phase with strong leach performance and clear potential to add ounces to the resource.”
About Liberty Gold:
Liberty Gold is focused on developing open pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. This region is one of the most prolific gold-producing regions in the world and stretches across Nevada and into Idaho and Utah.
