LIBERTY GOLD CORP ORD - LGDTF STOCK NEWS

Liberty Gold Corp. reports successful drilling results from its Goldstrike Project in Utah, confirming high-grade oxide gold mineralization. The 2022 program included 12 metallurgical core holes, yielding results like 0.87 g/t Au over 74.3 m. Additionally, 100 resource definition drill holes were completed, with significant intersections such as 1.75 g/t Au over 24.4 m. The company is progressing towards a Prefeasibility decision, focusing on de-risking strategies, including securing a water supply and advancing land status for mining operations.

Liberty Gold has secured two historical water rights at the Black Pine Mine, totaling 868.5 acre-feet per annum, adding to its existing water supply for future mining operations. The total process water supply now stands at 3,202 acre-feet per annum. This acquisition reduces developmental risks for the Black Pine project. The company also received a positive power supply study for up to 10 megawatts of electrical power and has initiated an exploration drilling program after completing a gravity survey identifying potential mineralized rocks.

Liberty Gold Corp. (TSX:LGD; OTCQX: LGDTF) has appointed Darin Smith as Senior Vice President, Corporate Development. Smith brings over 20 years of financial analysis and corporate strategy experience in the mining sector, having previously worked at Kirkland Lake Gold Ltd. His expertise includes involvement in significant transactions, such as mergers and acquisitions. President and CEO Jason Attew highlighted Smith's capability to enhance the company's strategy, particularly with the upcoming updated resource estimate for the Black Pine project expected in Q1 2023.

Liberty Gold Corp. (LGDTF) announced promising Reverse Circulation drill results from its Black Pine project in Idaho, part of a 65,000m drill program aimed at expanding its Mineral Resource Estimate (MRE). Significant findings include 1.11 g/t Au over 68.6 m in the Rangefront Zone, indicating resource growth. Exploration drilling is ongoing, with updates expected in early 2023. The company aims to enhance gold ounces in the new MRE through continued expansion and resource upgrades across various zones.

Liberty Gold Corp reported financial results for the nine months ending September 30, 2022, showcasing US$26.2 million in cash and short-term investments. New CEO Jason Attew, appointed on October 11, 2022, has significant industry experience. The company achieved notable drilling results at the Black Pine Project, confirming a 750 metre oxide gold corridor. Financial highlights include a loss of US$6.3 million for Q3 2022, with a total loss for the nine months reaching US$19 million. Additionally, Liberty Gold completed significant expansions to its exploration areas.

Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) announced positive Reverse Circulation drill results from the M Zone at its Black Pine gold project in Idaho. The drill program aims to upgrade resources and discover new oxide gold mineralization. Highlights include 1.40 g/t Au over 57.9 m from ~40 m depth, with sections showing even higher grades. The ongoing drilling, supported by three rigs, is expected to yield a new mineral resource estimate by Q1 2023. The strategy focuses on merging smaller resource pits and identifying higher-grade gold mineralization for potential early mining access.

Liberty Gold Corp. appointed Jason Attew as President and CEO, effective October 11, 2022, succeeding Cal Everett, who will remain on the Board of Directors. Dr. Mark O'Dea praised Everett for his leadership during significant company milestones, including the acquisition of the Black Pine project. Attew brings extensive experience in mining, having previously led Gold Standard Ventures and served as CFO of Goldcorp. Additionally, Attew will participate in a private placement, purchasing 759,494 common shares for C$300,000, subject to necessary approvals.

Liberty Gold Corp. has announced major developments at its Black Pine Oxide Gold Project in Idaho, effectively doubling the permitted area for exploration to 24.3 km². The Bureau of Land Management approved a new Plan of Operations, granting access to the eastern margin of the deposit. Additionally, Liberty Gold acquired a controlling interest in adjacent mineral rights, facilitating future mining infrastructure. Drilling is set to commence in Q4 2022, targeting areas such as the Gully Target, which holds potential for expanding the gold system.