Liberty Gold Validates Predicted Operating Gold Leach Recoveries Through Bulk Column Tests at Run-of-Mine Sizing

Original announcement by globenewswire on

Company
Liberty Gold Corp.
Ticker
LGD
Exchange
Unavailable
Region
Idaho
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Metallurgy
Extracted
2026-09-17 10:32:47 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Liberty Gold has completed Phase 6 metallurgical bulk column tests at the Black Pine Oxide Gold Project, confirming that gold leach recoveries for run-of-mine (ROM) sized material align with previous feasibility study models. The results demonstrate rapid leach kinetics and favorable reagent consumption, supporting a low-cost heap leach processing strategy.

Reasoning: Bulk column tests successfully validated the gold recovery models for run-of-mine sizing, significantly de-risking the heap leach processing route for the Black Pine project.

Positive factors

  • Validated ROM heap leach recoveries
  • Rapid leach kinetics
  • Low reagent consumption
  • Favorable permeability

Negative factors

  • One sample underperformed due to high clay content

Facts used in scoring: 4

Classification and evidence

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The testing was conducted using bulk column leaching to simulate a heap leach operation.

Evidence · text

“using bulk column leaching”

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: The program specifically validates recoveries for a ROM heap leach processing route.

Evidence · text

“support a ROM heap leach processing route”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 4 distinct composites were tested

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Metallurgical Results (4)

bulk column leachBlack Pine · goldRecovery: 95 %Head Grade: 0.43Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Black Pine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
LGD

Test Work

Program Status
detailed
Test Type
bulk column leach
Processing Route
ROM heap leach
Sample
Rangefront Ppos sample

Recovery

Recovery
95 %
Head Grade
0.43
Head Grade Unit
g/t

Lab

Laboratory
Kappes, Cassiday & Associates (KCA)
Consultant
Gary Simmons

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: High recovery (95%) at a low head grade (0.43 g/t) significantly exceeds modeled expectations for this unit.

Positive factors

  • Outperformed modeled recoveries by over 13%

Evidence · text

“The Rangefront Ppos sample had the highest extraction tested at 95% for a 0.43 g/t gold head grade.”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95% is at or above the exceptional band (75%)

bulk column leachBlack Pine · goldRecovery: 51.9 %View all details
Link to this fact

Identity

Project
Black Pine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
LGD

Test Work

Program Status
detailed
Test Type
bulk column leach
Processing Route
ROM heap leach
Sample
I-pit Pold sample

Recovery

Recovery
51.9 %

Lab

Laboratory
Kappes, Cassiday & Associates (KCA)
Consultant
Gary Simmons

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Lower recovery was expected for this specific rock unit and matches previous models.

Positive factors

  • Aligned with modeled recoveries

Evidence · text

“The I-pit Pold sample extraction at 51.9% was an expected result”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

bulk column leachBlack Pine · goldRecovery: 72.4 %View all details
Link to this fact

Identity

Project
Black Pine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
LGD

Test Work

Program Status
detailed
Test Type
bulk column leach
Processing Route
ROM heap leach
Sample
Average weighted gold extraction for bulk columns

Recovery

Recovery
72.4 %

Lab

Laboratory
Kappes, Cassiday & Associates (KCA)
Consultant
Gary Simmons

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: The average recovery validates the feasibility study models for the project.

Positive factors

  • In line with modeled recoveries

Evidence · text

“The average weighted gold extraction for the bulk columns was 72.4%”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

bulk column leachBlack Pine · silverRecovery: 21 %View all details
Link to this fact

Identity

Project
Black Pine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
LGD

Test Work

Program Status
detailed
Test Type
bulk column leach
Processing Route
ROM heap leach
Sample
Bulk column leach tests (weighted average)

Recovery

Recovery
21 %

Lab

Laboratory
Kappes, Cassiday & Associates (KCA)
Consultant
Gary Simmons

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Silver recovery is being used to update future models; current results are better than previous averages.

Positive factors

  • Above previous variability composite averages

Evidence · text

“weighted average Ag recovery of 21%”

Tags used in scoring

Heap Leach Routeneutral

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: processing_route matches the heap_leach signal

Low Recoverynegative

Recovery below the weak band for the commodity and processing route.

Why it applies: 21% is below the weak band (75%)

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.