At Liberty Gold, our focus is highly disciplined, and laser sharp: our financial investments and our scientists and drilling operations are fully focused on our gold discoveries in the world-renowned Great Basin in the Southwestern United States.
The ever-expanding scale of our projects in the Great Basin, here in the most stable of gold mining jurisdictions in the world, offers the most exciting prospects for developing low-cost, high-margin, open-pit, heap leach gold mines – with the greatest potential for delivering the highest return to our shareholders, in the shortest timeframe.
There are 150 million reasons why this region is called The Great Basin.
Black Pine (previously called Mineral Gulch) is located in southeastern Idaho and hosts a large, Carlin-style sediment-hosted gold system, the surface footprint of which extends over an approximately 12 km2 area. Black Pine is an historical heap leach gold mine, which produced approximately 435,000 ounces of gold from 1992 to 1997. more
We control a district the size of the northern Carlin trend, where much like the early days at Carlin, historic mining of oxide and simple recovery processes generated profits even at low gold prices.
Goldstrike has a strong history of proof. From 1988 to 1995 it was an oxide heap leach mine producing 209,000 ounces of gold and 197,000 ounces of silver. When the mine closed, a wealth of data and drill holes demonstrating gold in the ground were left behind.
We have been aggressively leveraging the invaluable data we’ve inherited from 1,519 historic drill holes. Along with these historic holes, we have drilled over 450 of our own, to come up with a robust mineralization model for the district. We’re establishing the size, shape and scale of the gold hiding in plain sight to expand the evidence for the potential of a massive scale gold district – a new district with ideal conditions for highly-economic and profitable open-pit heap-leach mining. more
TV Tower contains a large number of targets ranging from high- and low-sulphidation epithermal gold-silver to porphyry gold-copper in the Biga District of Turkey. Liberty Gold has advanced five significant gold, silver and copper-gold discoveries on the project over the past four years. The property hosts numerous additional untested gold and copper targets. The project is road-accessible and is located in a region featuring advanced stage gold and copper-gold projects, numerous open pit coal, quartz and clay mines, ceramics factories and a major power plant. more
Halilağa is a development stage copper-gold porphyry asset located in Turkey. A Preliminary Economic Assessment was completed in 2015 for a conventional open pit, milling operation producing copper-gold concentrate and gold doré. The simplified economic model suggests an after-tax NPV (7%) of $474M and an IRR of 43.1% ($1,200/oz gold and $2.90/lb copper). With total projected capital costs of $558.5M (including contingency of $107.7M), after-tax payback is projected at 1.3 years. more