Published: November 30, 2018 |

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Liberty Gold Corp. has received a significant amendment to its plan of operations at the Goldstrike Project, the flagship of its three principal gold projects located in the prolific Great Basin of the United States. Located in southwestern Utah, Goldstrike is a past-producing oxide - heap leach gold mine that contains a large, shallow, district-scale, Carlin-style gold system.

Liberty Gold continues to meet its project enhancement goals in 2018, commencing with a maiden resource estimate and a preliminary economic assessment. This permitting milestone is an important step toward meeting additional project goals.

Receipt of the amendment to the plan of operations will expand access along the Goldstrike deposit trend from a fragmented area of approximately 5.11 km, to a contiguous 8.66 km area. Within this area, Liberty Gold is no longer restricted to operating on site-specific roads and drill pads with fixed locations. The amended permit will allow Liberty Gold enhanced flexibility for road and pad placement for infill and step-out drilling in and around all of the zones in the current resource. In particular, the expanded permit will help infill and expand the dip slope zone along the northern margin of the deposit, where drill holes on fixed, widely-spaced pads do not adequately test the shallowly-buried mineralization, and where access to many areas was previously unavailable. The amount of permitted disturbance remains unchanged.

“Receipt of this important upgrade to our plan of operations will help address our goal of increasing the total recoverable gold ounces in the Goldstrike deposit to over one million ounces and a projected mine life of ten years or greater. The current PEA base case for Goldstrike is 713,000 recoverable ounces and a 7.5 year mine life. The expanded access and removal of fixed roads and drill sites will help us meet that goal.,” said Liberty Gold CEO Cal Everett.

To read more details in the company’s press release, CLICK HERE

About Liberty Gold
Liberty Gold is focused on exploring 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. Its flagship projects are Goldstrike, Black Pine, and Kinsley Mountain, all of which are past producing open-pit mines, where previous operators only scratched the surface.

To stop by Liberty Gold’s website, CLICK HERE

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