Resource News

Liberty Silver Corp. (TSX:LSL) has hired independent consultants SRK Consulting (U.S.), Inc., to perform a scoping study for silver production at the company’s Trinity Silver property. A NI 43-101 technical report has already been completed an filed on the area.

Liberty Silver Corp. (TSX:LSL) has hired independent consultants SRK Consulting (U.S.), Inc., to perform a scoping study for silver production at the company’s Trinity Silver property. A NI 43-101 technical report has already been completed an filed on the area.

As quoted in the press release:

Liberty Silver completed and filed a NI 43-101 technical report on the Trinity mining district silver project in December 2011. The report identified an inferred resource that the Company expects to upgrade in the near term. As part of the first phase 2012 drilling program (See press releases January 25, and July 9, 2012), two drill holes, of a planned twelve-hole program, successfully began confirming the grade and thickness of the resource. Other holes identified strong new silver mineralization outside the current NI 43-101 inferred resource.

Geoffrey Browne, Liberty Silver’s Chairman and CEO commented:

We remain guided by our disciplined mitigated-risk approach. Even though we have identified multiple exploration targets at Trinity, our board of directors and management are keenly aware of current challenging conditions for junior mining companies in global capital markets. We are thus evaluating various options, including the prudency of immediately proceeding with production planning and execution.

Click here to read the full press release.

 

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