1.53 g/t Au over 85.3 meters, together with 5.19 g/t Au over 9.1 meters in LBP1171
1.17 g/t Au over 59.4 meters, together with 3.44 g/t Au over 15.2 meters in LBP1155
Liberty Gold Corp. (TSX: LGD,OTC:LGDTF; OTCQX: LGDTF) (“Liberty Gold” or the “Firm”) is happy to announce robust oxide gold assays from 9 infill drill holes within the Discovery Zone at its Black Pine Gold Challenge (“Black Pine”) in southeastern Idaho. These outcomes are a part of the continued ~40,000 metre feasibility drill program designed to help useful resource conversion, metallurgical modelling, geotechnical research and mine design.
This sequence of holes in Discovery have been deliberate to extend confidence within the mineralization and metallurgical fashions in an space beforehand outlined largely by historic drilling. Notably, drill gap LBP1171 comprises the 8 th highest unmined intercept at Black Pine on a grade-thickness foundation. The higher portion of this intercept has confirmed the extension of a beforehand mined high-grade shoot within the historic B Pit space, which is able to now be included within the upcoming Feasibility Useful resource mannequin.
Total, the Discovery Zone continues to display wonderful continuity of near-surface oxide mineralization with high-grade domains which are laterally steady in a number of instructions. These outcomes are from the primary 9 drill holes of a deliberate 35-40 drill gap program within the Discovery space. (see under Determine 1: Cross Part via the Discovery Zone and Determine 2: Plan Map of the Discovery Zone with present drill holes).
Key Factors:
- Excessive-grade oxide gold intercepts have been returned throughout a number of holes, together with (widths are reported as drilled, true widths should not but identified) :
- 5.19 grams per tonne gold (“g/t Au”) over 9.1 meters (“m”) together with 21.3 g/t Au over 1.5 m inside 1.53 g/t Au over 85.3 m in gap LBP1171
- 3.44 g/t Au over 15.2 m inside 1.17 g/t Au over 59.4 m in gap LBP1155
- 2.44 g/t Au over 10.7 m inside 1.16 g/t Au over 27.4 m in gap LBP1168
- 2.35 g/t Au over 10.7 m inside 1.17 g/t Au over 25.9 m in gap LBP1139
- 1.84 g/t Au over 7.6 m inside 0.53 g/t Au over 51.8 m in gap LBP1163
- 1.10 g/t Au over 6.1 m inside 0.57 g/t Au over 91.4 m in gap LBP1143
- A number of stacked, flat-lying zones of oxide mineralization present wonderful continuity within the core of Discovery , supporting the prevailing grade modeling and conversion of Inferred to the Indicated ounces class for the Feasibility Examine.
- Drilling has additionally validated the metallurgical fashions used within the PFS research with all intercepts confirming or increasing the best restoration metallurgical zones based mostly on cyanide soluble assay outcomes.
- Outcomes will feed straight into the up to date Feasibility Useful resource mannequin scheduled for This autumn 2025, underpinning mine design, metallurgical area modelling, and early-phase manufacturing planning.
- One core and three RC drill rigs proceed drilling inside Discovery and Rangefront zones , with extra assays pending.
Jon Gilligan, President and CEO , acknowledged: “Whereas Rangefront expands in direction of a possible cornerstone starter pit, immediately’s Discovery Zone outcomes reinforce why Black Pine is an distinctive oxide gold system. We’re drilling thicker-than-expected oxide mineralization with constant grade — exactly the kind of materials required for Feasibility conversion. These outcomes reinforce Discovery as a high-margin mining part with robust leach efficiency and clear potential so as to add ounces to the useful resource. ”
Determine 1: Cross Part via the Discovery Zone
Determine 2: Plan Map of the Discovery Zone with present drill holes
Subsequent Steps
One reverse circulation (“RC”) rig is at the moment engaged on useful resource conversion and centered, multi-purpose geotechnical drill holes within the Discovery Zone. Two RC rigs and one drill core rig are working in Rangefront on useful resource enlargement and metallurgical sampling, and all rigs have been working double-shifts to extend manufacturing. A 3rd RC rig is finishing hydrologic monitoring holes and when accomplished will change to exploration holes in Rangefront. A geotechnical rig is predicted to reach in early November to finish the location soil engineering works.
For a desk displaying full drill outcomes for the present launch, see this hyperlink:
https://libertygold.ca/pictures/information/2025/October/BP_Intercepts_20251029
For a desk outlining the highest 25 unmined drill intercepts at Black Pine the place gap LBP1171 ranks within the high ten grade-thickness intervals, click on right here: https://libertygold.ca/pictures/information/2025/October/BP_Top25UnminedIntercepts_20251029
ABOUT LIBERTY GOLD
Liberty Gold is concentrated on growing open pit oxide deposits within the Nice Basin of america, dwelling to large-scale gold tasks that are perfect for open-pit mining. This area is among the most prolific gold-producing areas on the earth and stretches throughout Nevada and into Idaho and Utah. The Firm is advancing the Black Pine Challenge in southeastern Idaho, a past-producing, Carlin-style gold system with a big, rising useful resource and powerful financial potential. We all know the Nice Basin and are pushed to find and advance large gold deposits that may be mined profitably in open-pit situations and in an environmentally accountable method.
For extra info, go to libertygold.ca or contact:
Susie Bell, Supervisor, Investor Relations
Cellphone: 604-632-4677 or Toll Free 1-877-632-4677
data@libertygold.ca
Peter Shabestari, P.Geo., Vice-President Exploration, Liberty Gold, is the Firm’s designated Certified Particular person for this information launch inside the which means of Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Initiatives (“NI 43-101”) and has reviewed and validated that the data contained within the launch is correct.
QUALITY ASSURANCE – QUALITY CONTROL
Drill composites have been calculated utilizing a cut-off of 0.10 g/t Au. Drill intersections are reported as drilled thicknesses. True widths of the mineralized intervals range between 50% and 100% of the reported lengths on account of various drill gap orientations however are sometimes within the vary of 70% to 90% of true width. Drill samples have been assayed by ALS Restricted in Reno, Nevada for gold by Hearth Assay of a 30 gram (1 assay ton) cost with an AA end, or if over 5.0 g/t Au have been re-assayed and accomplished with a gravimetric end. For these samples, the gravimetric knowledge have been utilized in calculating gold intersections. For any samples assaying over 0.10 components per million a further cyanide leach evaluation is completed the place the pattern is handled with a 0.25% NaCN resolution and rolled for an hour. An aliquot of the ultimate leach resolution is then centrifuged and analyzed by Atomic Absorption Spectroscopy. QA/QC for all drill samples consists of the insertion and continuous monitoring of quite a few requirements and blanks into the pattern stream, and the gathering of duplicate samples at random intervals inside every batch. All holes are additionally analyzed for a 51 multi-element geochemical suite by ICP-MS. ALS Geochemistry-Reno is ISO 17025:2005 Accredited, with the Elko and Twin Falls prep lab listed on the scope of accreditation.
This information launch comprises “forward-looking info” and “forward-looking statements” inside the which means of relevant securities legal guidelines, together with statements or info regarding, future monetary or working efficiency of Liberty Gold and its enterprise, operations, properties and situation; deliberate de-risking actions at Liberty Gold’s mineral properties; the potential amount, recoverability and/or grade of minerals; the potential dimension of a mineralized zone or potential enlargement of mineralization; proposed exploration and improvement of Liberty Gold’s exploration property pursuits; the outcomes of mineral useful resource estimates or mineral reserve estimates and preliminary feasibility research; and the Firm’s anticipated expenditures.
Ahead-looking info is usually, however not all the time, recognized by way of phrases akin to “search”, “anticipate”, “plan”, “proceed”, “deliberate”, “count on”, “challenge”, “predict”, “potential”, “focusing on”, “intends”, “consider”, “potential”, and related expressions, or describes a “objective”, or variation of such phrases and phrases or state that sure actions, occasions or outcomes “could”, “ought to”, “may”, “would”, “may” or “will” be taken, happen or be achieved. Ahead-looking info is just not a assure of future efficiency and relies upon quite a few estimates and assumptions of administration on the date the statements are made together with, amongst others, assumptions about future costs of gold, and different metallic costs, foreign money change charges and rates of interest, beneficial working circumstances, political stability, well timed receipt of governmental or regulatory approvals, together with any inventory change approvals; receipt of a financing on time, acquiring renewals for current licenses and permits and acquiring required licenses and permits, labour stability, stability in market circumstances, availability of apparatus, outcomes or timing of any mineral assets, useful resource conversion, pre-feasibility research, mineral reserves, or feasibility research; the supply of drill rigs, profitable decision of disputes and anticipated prices and expenditures. Many assumptions are based mostly on elements and occasions that aren’t inside the management of Liberty Gold and there’s no assurance they’ll show to be appropriate.
Such forward-looking info, includes identified and unknown dangers, which can trigger the precise outcomes to be materially totally different from any future outcomes expressed or implied by such forward-looking info, together with, dangers associated to the interpretation of outcomes and/or the reliance on technical info supplied by third events as associated to the Firm’s mineral property pursuits; adjustments in challenge parameters as plans proceed to be refined; present financial circumstances; future costs of commodities; attainable variations in grade or restoration charges; the prices and timing of the event of latest deposits; failure of apparatus or processes to function as anticipated; the failure of contracted events to carry out; the timing and success of exploration actions typically; the timing or outcomes of the publication of any mineral assets, mineral reserves or feasibility research; delays in allowing; attainable claims towards the Firm; labour disputes and different dangers of the mining business; delays in acquiring governmental approvals, financing, timing of the completion of exploration in addition to these elements mentioned within the Annual Data Type of the Firm dated March 25, 2025, within the part entitled “Danger Elements”, below Liberty Gold’s SEDAR+ profile at www.sedarplus.ca .
Though Liberty Gold has tried to establish necessary elements that would trigger precise actions, occasions or outcomes to vary materially from these described in forward-looking info, there could also be different elements that trigger actions, occasions or outcomes to not be as anticipated, estimated or supposed. There might be no assurance that such info will show to be correct as precise outcomes, and future occasions may differ materially from these anticipated in such statements. Liberty Gold disclaims any intention or obligation to replace or revise any forward-looking info, whether or not because of new info, future occasions or in any other case, aside from materials variations between precise outcomes and beforehand disclosed materials forward-looking info, or as in any other case required by regulation.
Apart from statements of historic truth, info contained herein or integrated by reference herein constitutes forward-looking statements and forward-looking info. Readers mustn’t place undue reliance on forward-looking info. All forward-looking statements and forward-looking info attributable to us is expressly certified by these cautionary statements.
Word to United States Traders Regarding Estimates of Measured, Indicated and Inferred Sources
The data, together with any info integrated by reference, and disclosure paperwork of Liberty Gold which are filed with Canadian securities regulatory authorities regarding mineral properties have been ready in accordance with the necessities of securities legal guidelines in impact in Canada, which differ from the necessities of United States securities legal guidelines.
With out limiting the foregoing, these paperwork use the phrases “measured assets”, “indicated assets”, “inferred assets” and “mineral reserves”. These phrases are Canadian mining phrases as outlined in, and required to be disclosed in accordance with, NI 43-101, which references the rules set out within the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) – CIM Definition Requirements, adopted by the CIM Council, as amended. Nevertheless, these requirements differ considerably from the mineral property disclosure necessities of america Securities and Alternate Fee (the “SEC”) in Regulation S-Ok Subpart 1300 (the “SEC Modernization Guidelines”) below america Securities Act of 1934, as amended. The Firm doesn’t file reviews with the SEC and isn’t required to offer disclosure on its mineral properties below the SEC Modernization Guidelines and can proceed to offer disclosure below NI 43-101 and the CIM Definition Requirements.
Pictures accompanying this announcement can be found at
https://www.globenewswire.com/NewsRoom/AttachmentNg/364cb7ff-3857-49b3-ada8-e4728cf53c9d
https://www.globenewswire.com/NewsRoom/AttachmentNg/bda4c8ea-1de5-428b-8ab0-30d8a5fae7d0
