{"url":"https://newsforagent.com/news/2026-10-22/liberty-gold-black-pine-drill-results","markdown_url":"https://newsforagent.com/news/2026-10-22/liberty-gold-black-pine-drill-results.md","title":"Liberty Gold Drill Results Extend Black Pine Gold North","headline":"Liberty Gold Reports 2026 Black Pine Drill Results, Mineralization Extends 200 m North","description":"Liberty Gold's 2026 Black Pine drilling defined mineralization 200 m beyond the feasibility resource.","section":"Research & Clinical Trials","published_at":"2026-10-22T10:30:25+00:00","modified_at":"2026-10-22T10:30:25+00:00","author":"News Desk","key_takeaways":["Liberty Gold's 2026 Black Pine drilling defined mineralization 200 m beyond the feasibility resource shell, extending along a northwest trend up to 400 m wide in places.","Significant intercepts include 144.8 m at 0.36 g/t gold in hole LBP1347 and 3.0 m at 1.88 g/t gold within hole LBP1293.","CN/FA ratios in the new drilling range from 61% to 98%, consistent with Rangefront metallurgical characteristics."],"companies":[{"name":"Liberty Gold","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000r15/liberty-gold","website":"https://libertygold.ca"}],"source":{"publisher":"Financial Post","title":"Liberty Gold Reports Initial Drill Results from its 2026 Drill Program at Black Pine, Idaho, USA","url":"https://financialpost.com/globe-newswire/liberty-gold-reports-initial-drill-results-from-its-2026-drill-program-at-black-pine-idaho-usa"},"other_sources":[],"tags":["Research & Clinical Trials","Liberty Gold"],"body_markdown":"[Liberty Gold](https://akta.pro/company-profiles/0000r15/liberty-gold) reported initial drill results from its 2026 program at Black Pine in Idaho, defining mineralization 200 m beyond the feasibility resource shell and extending along a northwest trend up to 400 m wide in places. The [Financial Post](https://financialpost.com/globe-newswire/liberty-gold-reports-initial-drill-results-from-its-2026-drill-program-at-black-pine-idaho-usa) published the results on October 22, 2026. The company said the data identifies the mineralization as an extension of the orebody to the north and is expected to have a positive impact on the future mineral resource update.\n\n## What The Black Pine Intercepts Showed\n\nThe drilling was planned to upgrade the resource classification in an area approximately 200 m north by 600 m east-west. Significant intercepts include 144.8 m at 0.36 g/t gold in hole LBP1347, 97.5 m at 0.28 g/t gold in hole LBP1310, and 91.4 m at 0.30 g/t gold in hole LBP1293, which included 3.0 m at 1.88 g/t gold. Hole LBP1341A returned 62.5 m at 0.42 g/t gold, and hole LBP1282 returned 48.8 m at 0.39 g/t gold. Results are reported as drilled thickness, with true thickness approximately 70-100% of drilled thickness.\n\nThe CN/FA ratio, an indicator of recovery performance, ranges from 61% to 98% and is consistent with Rangefront metallurgical characteristics. A separate program characterized the Legacy Rock Storage facilities, completing 2,848 m in 73 RC holes over approximately 22.9 million tonnes in the CD facility and 7.9 Mt in the A facility. CN/FA ratios across the total volume of each facility range from 8% to 98%, and Au-spiked cyanide solubility assays are being used to better understand the variance. Owen Nicholls, P.Geo., Director of Technical Services, is the designated Qualified Person for the release.\n\n## Liberty Gold's Funding And Divestitures\n\nLiberty Gold is a Canadian-listed gold development company advancing its 100%-owned Black Pine oxide gold project in southeastern Idaho, according to akta.pro [company records](https://akta.pro/company-data). The same records list an Indicated Resource of 4.88 million ounces and an Inferred Resource of 1.05 million ounces at Black Pine, updated in January 2026, and a Probable Mineral Reserve of 3.1 million ounces at $1,650/oz Au. The records show 12 funding rounds on file, including a $20.3 million post-IPO equity round in September 2025 led by Centerra Gold.\n\n## Feasibility Study And Permitting Steps\n\nLiberty Gold completed its Black Pine feasibility study in September 2026, projecting an after-tax net present value of $2.397 billion and an internal rate of return of 60.5% at a $3,250/oz gold price, the Financial Post reported. The study requires $411.4 million in initial capital and projects 2,841,000 ounces of gold over 16 years. In August 2026, Liberty Gold submitted a Preliminary Cyanidation Design Report to the Idaho Department of Environmental Quality, GlobeNewswire reported.\n\n## Remaining 2026 Drilling And Next Steps\n\nDrilling and assay processing remain underway, and additional results will be reported as they become available. The remaining 2026 work includes drill-to-measured programs in the Discovery, J and Rangefront areas, step-out drilling in the F Zone and M Zone, and compliance drilling for geotechnical and hydrologic data. Completion of these programs will be weather dependent. Drilling in the A facility has been completed, with 14 holes received and 16 holes pending.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}