1.53 g/t Au over 85.3 meters, including 5.19 g/t Au over 9.1 meters in LBP1171 

1.17 g/t Au over 59.4 meters, including 3.44 g/t Au over 15.2 meters in LBP1155

Liberty Gold Corp. (TSX: LGD) (OTCQX: LGDTF) is pleased to announce strong oxide gold assays from nine infill drill holes in the Discovery Zone at its Black Pine Gold Project in southeastern Idaho. These results are part of the ongoing ~40,000 metre feasibility drill program designed to support resource conversion, metallurgical modelling, geotechnical studies and mine design.

This series of holes in Discovery were planned to increase confidence in the mineralization and metallurgical models in an area previously defined largely by historic drilling. Notably, drill hole LBP1171 contains the 8^th highest unmined intercept at Black Pine on a grade-thickness basis. The upper portion of this intercept has confirmed the extension of a previously mined high-grade shoot in the historic B Pit area, which will now be included in the upcoming Feasibility Resource model.

Overall, the Discovery Zone continues to demonstrate excellent continuity of near-surface oxide mineralization with high-grade domains that are laterally continuous in multiple directions. These results are from the first 9 drill holes of a planned 35-40 drill hole program in the Discovery area. (see below Figure 1: Cross Section through the Discovery Zone and Figure 2: Plan Map of the Discovery Zone with current drill holes).

Key Points:

• High-grade oxide gold intercepts were returned across multiple holes, including (widths are reported as drilled, true widths are not yet known):
  • 5.19 grams per tonne gold over 9.1 meters including 21.3 g/t Au over 1.5 m within 1.53 g/t Au over 85.3 m in hole LBP1171
  • 3.44 g/t Au over 15.2 m within 1.17 g/t Au over 59.4 m in hole LBP1155
  • 2.44 g/t Au over 10.7 m within 1.16 g/t Au over 27.4 m in hole LBP1168
  • 2.35 g/t Au over 10.7 m within 1.17 g/t Au over 25.9 m in hole LBP1139
  • 1.84 g/t Au over 7.6 m within 0.53 g/t Au over 51.8 m in hole LBP1163
  • 1.10 g/t Au over 6.1 m within 0.57 g/t Au over 91.4 m in hole LBP1143

• Multiple stacked, flat-lying zones of oxide mineralization show excellent continuity in the core of Discovery, supporting the existing grade modeling and conversion of Inferred to the Indicated ounces category for the Feasibility Study.
• Drilling has also validated the metallurgical models used in the PFS study with all intercepts confirming or expanding the highest recovery metallurgical zones based on cyanide soluble assay results.
• Results will feed directly into the updated Feasibility Resource model scheduled for Q4 2025, underpinning mine design, metallurgical domain modelling, and early-phase production planning.
• One core and three RC drill rigs continue drilling within Discovery and Rangefront zones, with additional assays pending.

Jon Gilligan, President and CEO, stated: “While Rangefront expands towards a potential cornerstone starter pit, today’s Discovery Zone results reinforce why Black Pine is an exceptional oxide gold system. We are drilling thicker-than-expected oxide mineralization with consistent grade — precisely the type of material required for Feasibility conversion. These results reinforce Discovery as a high-margin mining phase with strong leach performance and clear potential to add ounces to the resource.”

Figure 1: Cross Section through the Discovery Zone

 Figure 2: Plan Map of the Discovery Zone with current drill holes

 Next Steps

One reverse circulation rig is currently working on resource conversion and focused, multi-purpose geotechnical drill holes in the Discovery Zone. Two RC rigs and one drill core rig are working in Rangefront on resource expansion and metallurgical sampling, and all rigs have been running double-shifts to increase production. A third RC rig is completing hydrologic monitoring holes and when completed will switch to exploration holes in Rangefront. A geotechnical rig is expected to arrive in early November to complete the site soil engineering works.

For a table showing complete drill results for the current release, see this link:
https://libertygold.ca/images/news/2025/October/BP_Intercepts_20251029

For a table outlining the top 25 unmined drill intercepts at Black Pine where hole LBP1171 ranks in the top ten grade-thickness intervals, click here: https://libertygold.ca/images/news/2025/October/BP_Top25UnminedIntercepts_20251029

ABOUT LIBERTY GOLD

Liberty Gold is focused on developing open pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. This region is one of the most prolific gold-producing regions in the world and stretches across Nevada and into Idaho and Utah. The Company is advancing the Black Pine Project in southeastern Idaho, a past-producing, Carlin-style gold system with a large, growing resource and strong economic potential. We know the Great Basin and are driven to discover and advance big gold deposits that can be mined profitably in open-pit scenarios and in an environmentally responsible manner.