Liberty Gold has received a Hardrock Prospector Permit covering four areas located directly adjacent to the company’s Black Pine oxide gold project in Idaho. The permit provides exclusive right to prospect and explore for leasable mineral deposits in the areas, which are administered by the federal government.
”We wish to acknowledge the extensive efforts made by the United States Forest Service and the Bureau of Land Management to support Liberty Gold in the permitting process for Black Pine,” said Pete Shabestari, vice president of Exploration.
“Hardrock Prospector Permits are not a typical mineral right in the Great Basin and achieving this important outcome required a cooperative and a collaborative approach. Having these new areas available to the exploration team is key for uncovering the extensions to the mineralized system at Black Pine and discovering additional gold oxide resources.”
The four permit areas add 7.1 square kilometers of key exploration and development ground in the center and south of the known mineralized area, expanding the Black Pine project area by 10% to a total of 69.3 km2.
The company said it anticipates initial drilling at the areas will commence in the fourth quarter of 2024.