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Liberty Gold Launches Feasibility Drill Program at Black Pine Project

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Liberty Gold Launches Feasibility Drill Program at Black Pine Project

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Liberty Gold ( (TSE:LGD) ) has shared an update.

Liberty Gold has commenced a 40,000-meter feasibility drill program and bulk metallurgical sampling at its Black Pine Oxide Gold Project in Idaho, marking the start of a formal feasibility study. This initiative aims to upgrade resources and extend mineralization, with technical data supporting engineering studies and environmental impact preparations. The project is expected to enhance Liberty Gold’s position as a leading gold development entity in the Great Basin, with a feasibility study anticipated in 2026 and ongoing mine permitting processes.

The most recent analyst rating on (TSE:LGD) stock is a Buy with a C$0.75 price target. To see the full list of analyst forecasts on Liberty Gold stock, see the TSE:LGD Stock Forecast page.

Spark’s Take on TSE:LGD Stock

According to Spark, TipRanks’ AI Analyst, TSE:LGD is a Underperform.

Liberty Gold faces significant financial challenges, with no revenue and ongoing losses, heavily weighing down its stock score. However, recent corporate events suggest potential for future improvement, offering some hope. Technical indicators and unattractive valuation metrics further contribute to a low overall stock score.

To see Spark’s full report on TSE:LGD stock, click here.

More about Liberty Gold

Liberty Gold is focused on exploring for and developing open pit oxide deposits in the Great Basin of the United States, a region known for large-scale gold projects suitable for open-pit mining. The company is advancing the Black Pine Project in southeastern Idaho, a past-producing, Carlin-style gold system with significant resource potential.

Average Trading Volume: 451,315

Technical Sentiment Signal: Sell

Current Market Cap: C$129.5M

Find detailed analytics on LGD stock on TipRanks’ Stock Analysis page.

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