Liberty Gold - LGDTF STOCK NEWS

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.

Liberty Gold Corp. (TSX-LGD; OTCQX-LGDTF) announced significant findings from its F Zone target at the Black Pine Oxide Gold Project in Idaho. Recent Reverse Circulation drill results revealed near-surface oxide gold mineralization across 17 new drill holes, linking the CD and Discovery zones over a 750-meter stretch. Key highlights include 0.95 g/t Au over 18.3 meters in hole LBP657 and 0.84 g/t Au over 36.6 meters in LBP662. The ongoing drilling aims to integrate smaller pits into larger, more continuous mineralized zones, enhancing the mining potential.

Liberty Gold Corp. has finalized the sale of its 40% interest in the Halilağa copper-gold deposit for US$6 million, totaling US$22 million from the transaction. This move aligns with the company's strategy to reinvest in core projects, specifically the Black Pine and Goldstrike oxide-gold initiatives in the USA. Additionally, the TV Tower gold-silver-copper property is under strategic review with Natural Resources Global Capital Group to generate funds for further exploration, maintaining a 64.4% ownership.

Liberty Gold Corp. (LGDTF) reported its financial and operational results for the six months ended June 30, 2022. Key highlights include receiving $6 million from the Halilağa copper-gold deposit sale and $2.5 million from the Kinsley option payment. The company also noted drilling success at its Black Pine Project, with significant gold grades up to 1.38 g/t over 100.4 meters. Financially, Liberty Gold reported a loss of $6.8 million for the six months, with total assets of $61.4 million as of June 30, 2022, and cash reserves of $26.5 million.

Liberty Gold Corp. (OTCQX: LGDTF) announced promising results from a sonic drilling program at its Goldstrike Oxide Gold Project in Utah. The program completed 815 meters of drilling across 23 holes, revealing significant gold mineralization with thickness up to 44 meters. Notably, a hole (PGS891) recorded 1.02 g/t Au over 25.9 meters. The majority of gold showed good cyanide solubility, indicating unrecovered gold from prior operations could be a viable target for future recovery. This data supports further metallurgical testing to assess economic viability for heap leaching operations.

Liberty Gold Corp. (OTCQX: LGDTF) reported promising results from its drilling program at the Black Pine Oxide Gold Project in Idaho, highlighting significant gold intercepts from 14 core holes. Results included 4.80 g/t Au over 21.2 m and 3.98 g/t Au over 25.3 m, with mineralization identified in historic waste and backfill areas suggesting potential resource reclassification. The ongoing exploration aims to discover near-surface mineralization to support future mining operations. Additionally, metallurgical testing is planned to assess the economic viability of the findings.