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Liberty Gold Reports Final Infill and Step-out Drill Results at the Black Pine Gold Project, Idaho

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Liberty Gold Reports Final Infill and Step-out Drill Results at the Black Pine Gold Project, Idaho

 

 

 

 

 

Rangefront Highlights1

1.04 g/t Au over 19.8 meters, including 5.28 g/t Au over 3.0 meters in LBP1247
0.68 g/t Au over 41.1 meters, including 1.47 g/t Au over 4.6 meters in LBP1249

 

Discovery Highlights1

0.64 g/t Au over 50.3 meters, including 2.27 g/t Au over 7.3 meters in LBP1185C
1.05 g/t Au over 32.0 meters, including 2.06 g/t Au over 12.2 meters in LBP1250

 

Liberty Gold Corp. (TSX: LGD) (OTCQX: LGDTF) is pleased to report final drill results from the remaining 56 drill holes from the 2025 drill program2. The 2025 drill program totaled 39,896 meters of drilling in 200 holes and was completed in late December.

 

The 2025 drill program was a success by all metrics,” said Peter Shabestari, Vice President of Exploration. “We were able to execute and complete all of the planned programs for 2025 safely and on time. Rangefront showed significant growth and Discovery continues to surprise with new high-grade zones that will be followed up on in 2026”.

 

The goals of the 2025 drilling were to advance and support data collection for the on-going Feasibility Study, support Mine planning and permitting and add as many ounces as possible into the resource.

 

2025 Drilling included:

  • Core drilling for geotechnical in Rangefront for pit slope planning – 3 holes, 889 meters
  • Core drilling for metallurgy in Rangefront – 4 holes, 779 meters
  • Sonic drilling in the historic heap leach and waste dumps for grade estimation and metallurgical characterization – 26 holes, 1,469 meters
  • Reverse Circulation (“RC”) drilling for hydrologic characterization – 9 holes 1,868 meters
  • RC drilling for pit slope geotechnical – 13 holes 2,939 meters
  • RC for condemnation in planned heap leach and waste dump locations – 7 holes, 2,280 meters
  • RC for resource infill & offset in Rangefront, CD Pit and Discovery – 138 holes, 29,670 meters

 

Exploration and conversion drilling contributed to significant indicated resource growth at Rangefront in particular with a 25% increase in indicated ounces of gold from the 2024 Preliminary Feasibility resource (See pres s release dated October 10, 2024). The deposit area remains open for expansion to the to the north, east and west (see cross section in Figure 2 below).

 

Due to timing constraints and delays at the assay lab, the most recent resource study completed (See press release dated February 10, 2026) did not include results for 90 infill and e xploration holes. It is expected that these holes and the additional drilling planned for 2026 will be included in a resource update expected in 2027.

 

Figure 1: Map of drill hole locations and highlights at Black Pine

 

 Figure 2: Cross section of drill hole locations and highlights at Rangefront

 

 Drilling is expected to begin again at Black Pine in late April and will consist of approximately 14,000 meters including 5,000 meters of exploration and resource class upgrades. Exploration drilling will be focused on Rangefront expansion, M Zone north, and Upper Burnt Basin. Additional drilling may be completed based on results and budgets.

 

1 Grams per tonne gold = “g/t Au”. Results are reported as drilled thickness, true thickness is approximately 70-100% of drilled thickness. Please refer to the full table at the link below for complete results.

 

2 Three remaining drill holes from 2025 are pending a QAQC review.

 

For a table showing complete drill results for the current release, see this link: https://libertygold.ca/wp-content/uploads/BP_Intercepts_20260408.pdf

 

ABOUT LIBERTY GOLD

 

Liberty Gold is a U.S.-focused gold company advancing Black Pine, its 100% owned oxide gold project in Idaho, located within the Great Basin, one of the world’s most productive and mining-friendly gold regions. Black Pine is a large-scale, past-producing, run-of-mine heap leachable gold deposit progressing through feasibility and permitting toward a modern open-pit mining operation. The Company’s strategy is centered on advancing high-quality, long-life gold assets, with a clear focus on technical simplicity, strong environmental performance, project executability, collaborative permitting processes, and value creation. This reflects Liberty Gold’s commitment to the discipline of delivery. The Company is led by an experienced team with a track record of discovery, development, and delivering sustained long-term value.

 

Posted April 8, 2026

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