Liberty Gold secures permit for Goldstrike project in Utah, US
Liberty Gold has received approval for its plan of operations for the Goldstrike Oxide Gold project in Utah, which is set to allow the company to expand drilling to test high-priority targets and build resource ounces across the 74.5km² property.
Granted by the US Bureau of Land Management (BLM), the permit will allow up to 77 acres for exploration and development drilling on up to 368 drill pads.
Liberty Gold said that multiple holes can be drilled from a single pad.
In addition to expanded access to the Dip Slope, Aggie, Warrior and Peg Leg targets and outlying targets, the plan covers the Padre Pit area in the north-eastern part of the historic mine trend.
Liberty Gold president and CEO Cal Everett said: "Receipt of the plan of operations, as well as confirmation of excellent metallurgical recoveries, are two of the key deliverables for our company this year.
"We now have excellent access to the entire 14km² historical mine trend, as well as a large number of peripheral targets. Liberty can now work to build ounces at an accelerated pace."
To date, the company has completed 44,000m in 281 reverse circulation (RC) and core holes at Goldstrike under existing permits.
In addition, it recently added a third RC drill to the project to accelerate infill, step-out and exploratory drilling.
The PoO was initially submitted last year, and is also planned to be amended to include additional target areas.
Located in the eastern Great Basin, Goldstrike lies adjacent to the Utah/Nevada border, and is a Carlin-style gold system.