Project Overview
The Black Pine project, owned by Liberty Gold is a Carlin-style, sedimentary rock-hosted (Carlin-style) gold property located in Cassia County, southern Idaho. It is host to a past-producing heap leach gold mine that operated from 1991 through 1998. During this time, it produced approximately 435,000 ounces of gold at a historical grade of 0.7 grams per tonne from seven shallow pits.
Black Pine is underlain primarily by strata of the Pennsylvanian to Permian Oquirrh Group, which overlies Devonian and Mississippian strata on a series of low-angle normal faults. The Oquirrh Group is divided into a 300-meter-thick section of “middle plate” consisting of silty/sandy carbonate rocks within a system of interleaved, low-angle thrust and normal faults, overlain by an “upper plate” consisting primarily of limey sandstone. Oxidized, finely disseminated gold mineralization has been discovered throughout the middle plate over an area of approximately 14 km2. The highest gold grades in drilling are associated with calcareous siltstone in proximity to large listric normal faults.
Liberty Gold are currently advancing the Black Pine project towards completing a pre-feasibility study in 2024.
In 2023, Wheaton acquired a 0.5% NSR covering all claims comprising Black Pine for US$3.6 million
Stream Details
| Date of Contract |
Sept 15, 23 |
| Royalty Terms |
Life of Mine |
| Royalty Parameters |
0.5% NSR |
| Upfront Consideration |
$3.6M |
For more information on the Black Pine project, please visit: libertygold.ca (opens in new tab)