In June 2016, Liberty Gold acquired the Black Pine Property from Western Pacific Resource Corporation for US$800,000 cash, 300,000 shares of Liberty Gold and a 0.5% NSR reserved to Western Pacific. At the time of acquisition, the project area totaled 12,749 acres/5,159 hectares and consisted of unpatented mining claims on USFS and BLM lands, an Idaho state minerals lease, private lands, and a majority interest in private mineral rights. The main gold zone encompassing the historic Black Pine mine is not subject to seasonal closures and can be accessed year-round, weather and road conditions permitting.
As a result of the sale, Liberty Gold acquired the data for 1,874 shallow (average depth of 93 meters) historic drill holes totaling 191,500 meters, as well as over 10,000 historic surface soil and rock samples, blast hole samples, and historic mining, engineering, and permitting data.