Liberty Gold lifts Black Pine indicated resource by 52%
The company announced the deposit now hosts an indicated resource of 157.3 million tonnes grading 0.52 grams gold per tonne for 2.61 million oz. of metal.
Commodities from steel to iron ore to copper have gained strongly this year, partly on bets that massive U.S. government spending to rebuild infrastructure.
A tonne or more of gold mined in California and destined for the US Mint in Philadelphia when it disappeared in 1863 could be buried in cave located inside a 217,000-acre state forest, according to a special agent's findings.