The October prefeasibility on Black Pine shows total output of 2.2 million oz. of gold over 17 years. Credit: Henry Lazenby
Liberty Gold (TSX: LGD) has sent in its draft mine plan and signed an interagency memorandum of understanding, starting the countdown to a 2028 construction start for the Black Pine project in southern Idaho.
With a net present value (NPV), at a 5% discount rate, of $552 million and an internal rate of return of 32% Black Pine could produce 2.2 million oz. gold over 17 years, at average all-in sustaining cost of $1,380, according to an October prefeasibility study, released days after The Northern Miner visited the property. Initial capital costs are pegged at $327 million.
“We are establishing a strong foundation for advancing Black Pine through the permitting process to a potential construction decision within three years, ensuring the project meets the highest environmental and…
