Liberty Gold (TSE:LGD) has released an update.
Liberty Gold’s Preliminary Feasibility Study for the Black Pine Oxide Gold Project showcases a promising 17-year open-pit, heap-leach gold mining operation in Idaho. With a high internal rate of return of 32% after-tax and low initial capital costs, the project foresees an average gold production of 135 thousand ounces annually over its lifetime, peaking at 183 thousand ounces in the first five years.
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