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Liberty Gold (TSX:LGD) receives approval for Black Pine Project, Great Basin, USA

Mining
TSX:LGD
18 February 2021 17:00 (EDT)

Liberty Gold (LGD) has received approval for an amendment to its Plan of Operations at the Black Pine Project.

Located in southern Idaho, Black Pine is a past-producing, run-of-mine, oxide-heap leach gold mine that contains a large, shallow, district-scale, Carlin-style sedimentary rock-hosted gold system.

The plan of operations grants Liberty Gold some but not all of the listed actions: Up to 50.7 additional acres of disturbance, bringing the total to 224.8 acres, 15.3 miles more of new road, 154 additional drill pads, and access to a water well that was used for the historic mine operation.

Totals include the 2019 plan of operations, amended plan of operations, and an older plan of operations obtained by the previous operator.

“This important milestone permits access to the largest undrilled target area in the Black Pine gold system, covering several square kilometres of high-conviction ground,” said Cal Everett, President and CEO of Liberty Gold.

“We worked with the US Forest Service and Bureau of Land Management to produce the Environmental Assessment and met all of the timelines and milestones necessary to expand the footprint of this project,” commented Moira Smith, Vice President of Exploration and Geoscience for Liberty Gold.

“We appreciate their professionalism and thoroughness and look forward to working with them into the future as we advance the project toward the development stage,” added Smith.

In February 2020, Liberty Gold submitted an application to the US Forest Service Sawtooth National Forest – Minidoka Ranger District and the US Bureau of Land Management Pocatello Field Office to amend the 2019 Plan of Operations.

Liberty also worked with agencies Stantec Consulting Services, Inc. and Donahoe HydroGeo to complete wildlife, archaeological, hydrologic and other surveys to produce a comprehensive Environmental Assessment. 

Black Pine is located in the northern Great Basin, immediately adjacent to the Utah/Idaho border.

It is a Carlin-style gold system, similar in many ways to the prolific deposits located along with Nevada’s Carlin trend.  

Liberty Gold (LGD) is up 3.25 per cent and is trading at C$1.59 at close.

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