Liberty Gold - LGDTF STOCK NEWS

Liberty Gold has announced new assay results from its 2024 reverse circulation drilling program at the Black Pine Oxide Gold Project in Idaho. Key findings include high-grade intercepts of 0.96 g/t Au over 24.4 meters at Rangefront, 0.83 g/t Au over 21.3 meters at M Zone, and 0.62 g/t Au over 19.8 meters at the CD Pit.

The drilling program successfully expanded deposit footprints at multiple locations, with mineralization remaining open for extension. The company anticipates a significant increase in indicated ounces in the upcoming resource update, expected in the second half of 2025. A notable discovery includes near-surface high-grade oxide gold at Rangefront west, which remains open and could improve early production economics.

The program also revealed oxide gold mineralization in the typically barren lower plate shale unit at A pit, opening a new exploration target at Black Pine.

Liberty Gold Corp. (TSX: LGD) (OTCQX: LGDTF) has announced its participation in the upcoming Vancouver Resource Investment Conference, scheduled for January 19-20, 2025, at the Vancouver Convention Centre West. The company will be present at Booth 321.

The conference will feature over 120 expert speakers, including economists, money managers, and investors. With an expected attendance of more than 5,000 industry professionals, the event will offer networking opportunities and exhibits focusing on precious metals, energy, and critical minerals sectors.

Liberty Gold Corp (TSX:LGD; OTCQX:LGDTF) has announced initial assay results from its 2024 RC exploration drilling program at the Black Pine Oxide Gold Project in Idaho. Key drilling results include 1.44 g/t Au over 30.5m (including 3.25 g/t Au over 9.1m) and 0.61 g/t Au over 77.7m (including 2.15 g/t Au over 4.6m).

The drilling has significantly expanded the Rangefront deposit's mineralized zone footprint to the east, west, and north, discovering a new shallow zone of oxide mineralization representing the highest grade thickness in upper plate rocks at Rangefront to date. Results from the first 11 drill holes confirm that the oxide mineralization remains open to the west, extending over approximately 250 meters north-south and 130m east-west.

Liberty Gold (TSX: LGD; OTCQX: LGDTF) has filed a National Instrument 43-101 technical report for its Black Pine Gold Project in Cassia and Oneida Counties, Idaho. The Pre-feasibility Study report, effective June 1, 2024, and dated November 21, 2024, has been filed on SEDAR+ and the company's website. The technical report was prepared by a team of industry experts from various consulting firms, covering aspects including mineral resource estimation, metallurgy, heap design, mineral processing, infrastructure, hydrology, geotechnical engineering, and environmental compliance.

Liberty Gold has completed initial field sampling at the Antimony Ridge discovery in their Goldstrike Oxide Gold Project, Utah. Surface sampling revealed high-grade mineralization with values up to 5.7% antimony and 3.94 g/t gold, surpassing previous results of 2.0% antimony and 0.84 g/t gold. The program covered a 6 square kilometer area, with 112 surface samples collected.

The mineralized zone extends over 450 meters along strike length and is 5-10 meters thick. A new mineralized jasperoid breccia area was discovered 1,500 meters east of the main zone. The company plans a second-phase work program and is preparing for drill testing in 2025.

Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) reported Q3 2024 financial results, highlighting key developments. The company completed the sale of TV Tower project in Turkey for staged payments totaling $8.5 million, with $3.7 million received in October 2024. At Black Pine project in Idaho, the company published a preliminary feasibility study, received the Hardrock Prospector Permit expanding the project area by 10% to 69.3 km², and commenced a 20,000-metre drill exploration program. Financial results show a Q3 2024 loss of $5.75 million ($0.01 per share), with cash and short-term investments of $9.28 million as of September 30, 2024.

Liberty Gold Corp. has achieved three significant milestones in the permitting process for its Black Pine Oxide Gold project in Idaho. The company has executed a Memorandum of Understanding and a Cost Recovery Agreement with the U.S. Forest Service, and received approval for a third-party contractor for the NEPA process from both USFS and BLM. The Sawtooth National Forest will prepare an Environmental Impact Statement for the Black Pine Mine Project. These developments represent important steps toward project feasibility and potential construction, while ensuring compliance with environmental standards and stakeholder engagement.

Liberty Gold has released its 2023 Environmental, Social and Governance (ESG) disclosure update report, demonstrating the company's ongoing commitment to ESG transparency. The report updates quantitative metrics and qualitative disclosures for office and site operations from January to December 2023, complementing the company's 2022 ESG report. Aligned with Sustainability Accounting Standards Board (SASB) framework, the report reflects Liberty Gold's evolution as a mine development company and its dedication to continuous improvement in sustainability reporting standards.

Liberty Gold announced the results of its Preliminary Feasibility Study (PFS) for the Black Pine Oxide Gold Project in Idaho. The study indicates a 17-year mine life with a 32% after-tax internal rate of return (IRR) and a $552 million after-tax net present value (NPV) at a base gold price of $2,000/oz. The project is an open pit, run-of-mine heap leach operation requiring an initial capital expenditure of $327 million.

Average annual production is expected to be 183,000 ounces of gold in the first five years and 135,000 ounces over the life of the mine. The all-in sustaining cost (AISC) is projected at $1,205/oz for the first five years and $1,380/oz over the life of the mine. The project aims to produce over 2 million ounces of gold, with significant opportunities for resource growth and optimization ahead of a full feasibility study.

Key metrics include a 3.3-year payback period, a 70.4% average gold recovery rate, and a total capital cost of $546 million. The project is subject to a 0.5% net smelter royalty and has a low strip ratio of 1.3:1. Liberty Gold plans to advance the project towards feasibility and permitting in 2025.