Liberty Gold has made progress in the permitting process for its Black Pine Oxide Gold project in south-east Idaho, achieving three important milestones.
These developments are pivotal to advance the project towards feasibility and a potential construction decision, while adhering to environmental standards and stakeholder engagement.
Collaborative efforts with the USFS have led to the signing of a memorandum of understanding (MOU) and a cost recovery agreement, establishing a framework for the NEPA permitting pathway.
The cost recovery agreement establishes a framework for partnership and financial responsibility for project-related costs including the expenses related to the NEPA review, EIS preparation and associated administrative support.
The USFS, in conjunction with the BLM as co-lead, has approved a third-party NEPA contractor to complete the EIS.
This critical step initiates the NEPA permitting process, involving a thorough analysis of potential environmental impacts and ensuring transparency and stakeholder participation.
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
Liberty Gold regulatory affairs and sustainability director Matt Zietlow said: “We are pleased to formalise our collaboration with the US Forest Service and look forward to advancing the NEPA process with an experienced third-party contractor approved by both lead federal agencies.
“These developments underscore our commitment to working closely with federal regulators to ensure a thorough and transparent permitting process that meets the highest environmental and regulatory standards. Our progress in permitting brings us closer to unlocking the significant value of our flagship project and aligns with our commitment to environmental responsibility and stakeholder engagement.”
Last month, Liberty Gold announced results from the preliminary feasibility study for the Black Pine Oxide Gold project.
The study estimates open-pit operation with an initial capital expenditure of $327m and a mine life of 17 years for the project.
