BG Capital Group, a venture capital and private equity firm, announced an undisclosed investment in Liberty Silver Corp. (TSX: LSL, OTCBB: LBSV), a junior silver mining company with potential resources of 120 million silver equivalent ounces.
As quoted in the press release:
“Liberty currently oversees approximately 24 million inferred ounces of silver equivalent resources located 23 miles from the renowned Coeur Rochester silver mine, known as the “Trinity” project, with an opportunity to become a low-cost, large-scale operation given the existing open pit mine on the property that produced 5m silver ounces in the late 1980s.”
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