In This Article:
VANCOUVER, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the "Company") is pleased to announce that further to its news release dated October 10, 2024, the Company has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report entitled “Technical Report and Pre-feasibility Study for the Black Pine Gold Project, Cassia and Oneida Counties, Idaho, USA”, effective June 1, 2024, and dated November 21, 2024, on the Company’s profile on SEDAR+ at www.sedarplus.ca.
The Technical Report was prepared by the following team of industry experts:
| Category | Name | Company |
| Mineral Resource Estimate | Valerie Wilson, P.Geo. | SLR Consulting Ltd. |
| Mineral Reserve Estimate | Todd Carstensen, RM-SME | AGP Mining Consultants Inc. |
| Metallurgy | Gary Simmons, MMSA | GL Simmons Consulting, LLC. |
| Heap Design & Closure | Nicholas T. Rocco, Ph.D., P.E. | NewFields Companies LLC. |
| Mineral Processing & Financial Evaluation | Benjamin Bermudez, P.E. | M3 Engineering & Technology Corp. |
| Infrastructure & Study Lead Engineer | Matthew Sletten, P.E. | M3 Engineering & Technology Corp. |
| Hydrology | John Rupp, P.E. | Piteau Associates Ltd. |
| Geotechnical Engineering | Daniel Yang, P.Eng., P.E. | Knight Piésold Ltd. |
| Environmental Permitting & Compliance | Richard DeLong, M.Sc. | Westland Engineering & Environmental Services Inc. |
The Technical Report is also available on the Company’s website at libertygold.ca.
QUALIFIED PERSON
Peter Shabestari, P.Geo., Vice-President Exploration, Liberty Gold, is the Company's designated Qualified Person for this news release within the meaning of NI 43-101 and has reviewed and validated that the information contained in the release is accurate.
ABOUT LIBERTY GOLD
Liberty Gold is focused on exploring for and 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. We know the Great Basin and are driven to discover and advance big gold deposits that can be mined profitably in open-pit scenarios.
For more information, visit libertygold.ca or contact:
Susie Bell, Manager, Investor Relations
Phone: 604-632-4677 or Toll-Free 1-877-632-4677
info@libertygold.ca
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to Liberty Gold within the meaning of applicable securities laws, including statements that address potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, expected capital costs at Black Pine, expected gold and silver recoveries from the Black Pine mineralized material, potential additions to the resource through additional drill testing, potential upgrade of inferred mineral resources to measured and indicated mineral resources, the potential for silver resources at Black Pine and intentions to pursue a silver resource study and beliefs regarding gold resources being contained within a larger property area. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions about future prices of gold, and other metal prices, currency exchange rates and interest rates, favourable operating conditions, political stability, obtaining governmental approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, accuracy of any mineral resources and mineral reserves, the availability of drill rigs, the accuracy of the pre-feasibility study, successful resolution of disputes and anticipated costs and expenditures. Many assumptions are based on factors and events that are not within the control of Liberty Gold and there is no assurance they will prove to be correct.