Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) has announced its 2026 drill program at the Black Pine Oxide Gold Project in southeastern Idaho. The program includes approximately 40,000 meters of approved reverse circulation drilling, with an additional 10,000 meters planned contingent on results. This initiative aims to enhance early production confidence and project execution readiness as the company advances toward a construction decision.
Drill Program Priorities
The 2026 campaign focuses on three key areas:
- Early Production Confidence: Infill drilling to upgrade resources from indicated to measured classification within the initial 2-3 years of the mine plan.
- Exploration and Resource Growth: Drilling high-priority resource extension targets near planned mining areas and selected deposit-scale targets.
- Permitting and Engineering Support: Drilling to optimize mine plan sequencing, geotechnical material testing, infrastructure planning, and permitting requirements.
CEO Statement
Jon Gilligan, President and CEO of Liberty Gold, commented: “Our 2026 drill program is focused on strengthening confidence in the early years of production and advancing the technical work required to support a buildable, financeable project. We are prioritizing drilling that directly impacts reserve confidence, mine sequencing, and key engineering inputs. At the same time, we will selectively advance high-quality growth targets that have the potential to support longer-term opportunities beyond the current mine plan at Black Pine.”
Drill Program Overview
The 2026 program includes 10,000 meters of approved infill RC drilling in the Discovery area for initial production phases and approximately 10,000 meters of proposed infill RC drilling in the Rangefront area, subject to feasibility study results. This work is expected to:
- De-risk early mine plan years by strengthening resource classification for potential Proven reserve upgrades.
- Provide key data for short-range planning and grade control models.
- Evaluate RC drilling as a grade control approach during production.
- Refine geologic controls and enhance geometallurgical models.
The program is designed to de-risk early production and advance technical inputs for detailed engineering, project financing, and preliminary operational plans.
