Geomechanics.io

  • Free Tools
Sign UpLog In
Built byBoxcut Studio

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects
    Contract Award

    Black Pine gold project: scale, FAST-41 permitting and economics for mine planners

    February 11, 2026|

    Reviewed by Joe Ashwell

    Black Pine gold project: scale, FAST-41 permitting and economics for mine planners

    First reported on MINING.com

    30 Second Briefing

    Liberty Gold’s Black Pine oxide gold project in southeastern Idaho now hosts 502.7 million tonnes indicated at 0.3 g/t Au (4.8 Moz) plus 157.1 million tonnes inferred at 0.21 g/t Au (~1 Moz), based on 462,662 metres of drilling in 3,010 holes, placing it among the three largest undeveloped gold projects in the Intermountain West. The resource supports a preliminary feasibility study with a post-tax NPV of US$550 million, 32% IRR and all-in sustaining costs of US$1,380/oz at US$2,000/oz gold. FAST-41 “covered project” status is expected to accelerate federal permitting and inter-agency coordination ahead of a targeted feasibility study in Q4.

    Technical Brief

    • Resource growth adds >700,000 oz indicated and ~338,000 oz inferred gold versus the 2024 estimate.
    • Black Pine lies ~380 km southeast of Boise, influencing logistics, power connection options and workforce sourcing.
    • Contained ounces now exceed Revival Gold’s Beartrack-Arnett (~4.6 Moz) and Freeman Gold’s Lemhi (~1.46 Moz) projects in Idaho.
    • Within the Intermountain West, only AngloGold Ashanti’s Beatty District (~19.7 Moz) and Hycroft (~14 Moz) exceed Black Pine’s scale.
    • Corporate valuation reached ~C$723 million at a C$1.42 share price following the resource update announcement.

    Our Take

    With Black Pine’s post-tax NPV of US$550 million at a 5% discount rate and roughly 5 Moz indicated, Liberty Gold is now in the same scale bracket as other Intermountain West heap-leach gold plays like Hycroft and the Beatty District projects, which typically draw interest from mid-tier and major acquirers once permitting is de-risked.

    The combination of a 32% post-tax IRR and a low-grade (0.3 g/t) oxide resource suggests Black Pine’s economics are highly leveraged to gold price and operating cost assumptions, so any cost inflation in Idaho or shifts in US fuel and reagent pricing could materially swing project value for Liberty Gold.

    Within our 963 Mining stories and 314 gold-tagged pieces, few western US projects match Black Pine’s scale in indicated ounces this early in the study pipeline, which likely explains Liberty Gold’s C$723 million market cap and will put valuation pressure on smaller Idaho peers like Beartrack-Arnett and Lemhi as investors compare ounce quality and development timelines.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Safety in underground mining: operational design lessons for project teams
    Mining
    about 6 hours ago

    Safety in underground mining: operational design lessons for project teams

    Safety in underground mining is framed by Johan Mostert, SHEQT Executive at Redpath Africa, as a core operational discipline rather than a standalone compliance task, requiring integration into planning, communication, decision-making and daily task execution. He stresses that rapidly changing geotechnical conditions and production pressure can quickly erode controls if safety is not embedded in frontline behaviours and supervisory routines. For engineers and managers, this points to designing procedures, shift plans and reporting systems where hazard identification, ground control checks and clear communication protocols are treated as primary production inputs.

    Volvo Mining entity: autonomy integration and fleet planning notes for engineers
    Mining
    about 6 hours ago

    Volvo Mining entity: autonomy integration and fleet planning notes for engineers

    Volvo Group is creating a dedicated Volvo Mining business to consolidate sales of Volvo-branded haul trucks, construction equipment and autonomous solutions into a single global mining-focused structure. The entity will integrate on-road and off-road fleets with autonomy platforms across load–haul, pit and haul road applications, targeting large open-pit operations as well as smaller contract miners. For mine planners and fleet engineers, this signals tighter OEM integration between conventional diesel fleets and emerging autonomous haulage and support equipment within one commercial and support framework.

    Booyco Electronics Missing Person Locator: design and safety notes for mine teams
    Mining
    about 6 hours ago

    Booyco Electronics Missing Person Locator: design and safety notes for mine teams

    Booyco Electronics has launched its Missing Person Locator (MPL), an underground personnel tracking system designed to locate workers rapidly during emergencies and meet tighter South African mine safety legislation. The MPL integrates with existing Booyco collision avoidance and cap-lamp tags to provide real-time positional data in complex tunnel networks, addressing delays and blind spots in conventional tag board and muster-based procedures. Faster localisation in the “golden hour” after an incident allows more targeted rescue deployment and supports formalised search-and-rescue protocols in deep, extensive workings.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalInfrastructureHazardsEnvironmental