Goldstrike mine

Perpetua Resources Progressing Towards Next Phase

Retrieved on: 
Tuesday, January 2, 2024

2023 Milestones Further Strengthen Project's Strategic Value to U.S. Critical Mineral Development

Key Points: 
  • 2023 Milestones Further Strengthen Project's Strategic Value to U.S. Critical Mineral Development
    BOISE, Idaho, Jan. 2, 2024 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that the Company is making progress as it continues to advance the Stibnite Gold Project ("Stibnite Gold Project" or "Project") through the regulatory process and toward a construction decision.
  • As Perpetua prepares for the next phase, the appointment of Andrew Cole to the Board of Directors enhances Perpetua's operational expertise and further strengthens its deep bench of experienced leaders.
  • Perpetua Resources is focused on advancing the permitting for the Stibnite Gold Project through the National Environmental Policy Act ("NEPA") process and construction readiness for the Project.
  • "Perpetua Resources accomplished several significant milestones in 2023 as we progress towards the next phase for the Stibnite Gold Project," said Laurel Sayer, President and CEO of Perpetua Resources.

Liberty Gold Announces Leadership Transition

Retrieved on: 
Wednesday, November 8, 2023

VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”) today announces a leadership transition with the re-appointment of Cal Everett as CEO and the promotion of Dr. Jon Gilligan to the role of President and COO effective Friday, November 10.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”) today announces a leadership transition with the re-appointment of Cal Everett as CEO and the promotion of Dr. Jon Gilligan to the role of President and COO effective Friday, November 10.
  • These appointments followed the receipt of notice of resignation of Jason Attew, President and CEO, who will be joining Osisko Gold Royalties Ltd. as President and Chief Executive Officer.
  • Cal Everett, the former President and CEO of Liberty Gold, will remain a Director.
  • Rob Pease, Chairman of Liberty Gold, commented on the transition, saying, “We are excited to welcome Cal back into the CEO and Director role, and we have the utmost confidence in his ability and passion to lead the Company forward.

Barrick Welcomes Nevada Governor Joe Lombardo and His Delegation to Canada

Retrieved on: 
Wednesday, September 27, 2023

TORONTO, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today welcomed Nevada Governor Joe Lombardo and members of his economic team as part of the governor’s two-day trade mission to Canada.

Key Points: 
  • TORONTO, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today welcomed Nevada Governor Joe Lombardo and members of his economic team as part of the governor’s two-day trade mission to Canada.
  • Canada is Nevada’s largest trading partner and Barrick is the largest Canadian company operating in Nevada through Nevada Gold Mines (NGM), the world’s biggest gold mining complex.
  • Barrick is one of the highest taxpayers in the state, as well as one of Nevada’s biggest employers with a workforce of over 12,000 employees and contractors.
  • “Our company is proud of our historic relationship with Nevada which dates back 36 years when we bought the Goldstrike mine in Eureka County.

Liberty Gold Reports Q2 2023 Financial and Operating Results

Retrieved on: 
Thursday, August 10, 2023

VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the six months ended June 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the six months ended June 30, 2023.
  • Published reverse circulation exploration drill results from:
    3.74 g/t Au over 21.3 m including 15.85 g/t Au over 3.0 m in LBP9061; and
    0.77 g/t Au over 65.5 m including 2.47 g/t Au over 10.7 m in LBP9323.
  • 2.83 g/t Au over 25.9 m, including 7.88 g/t Au over 3.0 m in LBP8492;
    2.13 g/t Au over 21.3 m, including 8.67 g/t Au over 4.6 m in LBP8642; and
    0.80 g/t Au over 29.0 m in LBP8841.
  • 3.28 g/t Au over 10.7 m and 0.52 g/t Au over 51.8 m in LBP8931; and
    0.86 g/t Au over 25.9 m including 1.80 g/t Au over 6.1 m in LBP9203.

Arizona Sonoran Appoints Bernie Loyer as Senior VP, Projects and Christopher White as Chief Geologist

Retrieved on: 
Wednesday, June 7, 2023

The Company has appointed Harold (Bernie) Loyer as Senior VP Projects, replacing Ian McMullan as Chief Operating Officer and Christopher White as Chief Geologist to support Doug Bowden, VP Exploration.

Key Points: 
  • The Company has appointed Harold (Bernie) Loyer as Senior VP Projects, replacing Ian McMullan as Chief Operating Officer and Christopher White as Chief Geologist to support Doug Bowden, VP Exploration.
  • As Senior VP Projects, he will lead the engineering, procurement and management resources in the development and execution of Arizona Sonoran’s project portfolio.
  • Arizonan Bernie Loyer joins ASCU from SolGold where he held the position of VP Projects leading the development of the Porvenir and Cascabel projects in Ecuador.
  • Prior to that, he held progressively senior roles as Senior Mine Geologist at Goldstrike, Nevada Gold Mines, focused on open pit geology and mapping, Geology Manager at Albemarle Corporation’s Kings Mountain and Senior Geologist / Acting Chief Geologist at Freeport McMoRan’s Bagdad Mine.

Liberty Gold Reports on Progress at the Goldstrike Oxide Gold Project, Utah

Retrieved on: 
Thursday, June 1, 2023

VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to provide a progress update on activities related to process water supply, lands exchange and assessing gold recovery potential from the historic leach pads at its Goldstrike Oxide Gold Project (“Goldstrike”) in southwestern Utah.

Key Points: 
  • VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to provide a progress update on activities related to process water supply, lands exchange and assessing gold recovery potential from the historic leach pads at its Goldstrike Oxide Gold Project (“Goldstrike”) in southwestern Utah.
  • Test results herein indicate that a portion of this gold could be amenable to extraction using conventional heap leaching.
  • Jason Attew, President and CEO for Liberty Gold said, “Since announcing the results of the Sonic drill program last August, we have made significant progress at our Goldstrike Project.
  • Recent metallurgical test results indicate that the historically mined ore, which contains residual oxide gold, performs well under conventional oxide heap leach conditions.

NEVADA KING INTERSECTS LOWER PLATE HOSTED CARLIN TYPE GOLD AT ITS IRON POINT PROJECT, BATTLE MOUNTAIN TREND, NEVADA

Retrieved on: 
Tuesday, April 4, 2023

The geologic setting of Iron Point is strikingly similar to the style of known Carlin-type gold deposits occurring along the Carlin and Battle Mountain-Eureka Trends.

Key Points: 
  • The geologic setting of Iron Point is strikingly similar to the style of known Carlin-type gold deposits occurring along the Carlin and Battle Mountain-Eureka Trends.
  • In this respect, Nevada King's discovery hole VM-008C in 2019 represented a giant leap forward toward finding a Carlin-type deposit at Iron Point.
  • Nevada King's VM-008C, today's highlight hole IP22-005, and IP22-004 all confirm Carlin-type gold mineralization hosted in Lower Plate carbonate rocks along a 1,000m long segment of the EMSZ.
  • The exploration potential of the Iron Point Project includes the recognition of multiple exploration target types including: Carlin-type gold, upper plate hosted vanadium, Cu-Mo porphyry, and base and precious metal skarn.

Focus on Tier One Assets Delivers Significant Increase in Resources and Reserves, Underpinning Industry-Leading Production Profile Growth

Retrieved on: 
Thursday, February 9, 2023

TORONTO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) grew attributable proven and probable gold mineral reserves by 6.7 million ounces net of depletion in 2022, while maintaining grade despite an increase in the reserve price assumption. Reported at $1,300/oz1, attributable proven and probable mineral reserves now stand at 76 million ounces2 at 1.67g/t, increasing from 69 million ounces3 at 1.71g/t reported at $1,200/oz1 in 2021. Led by Pueblo Viejo and the Africa & Middle East region, Barrick has now delivered a second consecutive year of gold reserve growth over and above annual depletion, with nearly 12 million ounces2 of attributable proven and probable reserve gains in 2022 before depletion.

Key Points: 
  • Total attributable gold mineral resources grew by nearly 10% relative to 2021, and total attributable copper mineral resources more than doubled, growing by 124% year over year, both net of annual depletion.
  • Attributable measured and indicated gold resources for 2022 stand at 180 million ounces2 at 1.07g/t, with a further 42 million ounces2 at 0.8g/t of inferred resources.
  • Attributable measured and indicated copper resources for 2022 stand at 44 billion pounds2 at 0.39%, with a further 15 billion pounds2 at 0.4% of inferred resources.
  • Inferred attributable gold resources also increased to 17 million ounces2 at 1.8 g/t, from 16 million ounces3 at 2.0 g/t in 2021.

Liberty Gold Provides Corporate Update

Retrieved on: 
Wednesday, January 25, 2023

VANCOUVER, British Columbia , Jan. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce a corporate update which includes an addition to the Board of Directors (the “Board”), management appointments and a summary of work plans for 2023 at its Black Pine oxide gold project (“Black Pine”) in southeastern Idaho, Goldstrike oxide gold project (“Goldstrike”) in southwestern Utah and TV Tower gold-copper-silver project (“TV Tower”) in western Turkey.

Key Points: 
  • VANCOUVER, British Columbia , Jan. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce a corporate update which includes an addition to the Board of Directors (the “Board”), management appointments and a summary of work plans for 2023 at its Black Pine oxide gold project (“Black Pine”) in southeastern Idaho, Goldstrike oxide gold project (“Goldstrike”) in southwestern Utah and TV Tower gold-copper-silver project (“TV Tower”) in western Turkey.
  • Mr. Shabestari has been with Liberty Gold since its spin-out from Fronteer as Senior Geologist and Vice President, Operations.
  • Moira Smith, Ph.D., P.Geo., has held the role of Vice President, Exploration and Geoscience with Liberty Gold since 2015, and will be transitioning into a new role as Corporate Technical Advisor focusing on technical evaluations and business development opportunities.
  • With a resource update pending at Black Pine, a new drill program already underway, development and de-risking activities planned, and the hope of a renewed gold market on the horizon, I remain committed to advancing Liberty Gold to create shareholder value.”
    Mark O’Dea, Chairman of Liberty Gold, commented, “As Liberty Gold evolves into a development stage company, changes to Liberty Gold’s Board and executive team are a natural part of this transformation.

Liberty Gold Purchases Historic Black Pine Mine Water Rights, Securing an Additional Water Supply and Further De-Risking its Black Pine Oxide Gold Deposit, Idaho

Retrieved on: 
Monday, November 28, 2022

Both rights are registered to the Black Pine Mine Well immediately adjacent to the potential site of a future heap leach pad.

Key Points: 
  • Both rights are registered to the Black Pine Mine Well immediately adjacent to the potential site of a future heap leach pad.
  • Liberty Gold has now secured, through a combination of purchase and long-term lease, an aggregate of 3,202 AFA (~4 million m3/yr) of process water supply, sufficient for any future large-scale mining operation envisioned at Black Pine.
  • At mine closure, leased water rights would be returned to the owners, with the Black Pine Mine Well water rights available for future lease or sale to other potential users.
  • Drilling has commenced to test the geophysical interpretations and explore for gold beyond the eastern margin of the drill-defined Black Pine gold system.