LIBERTY GOLD CORP ORD - LGDTF STOCK NEWS

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.

Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced the results of its Annual General Meeting held on June 9, 2022. With 201,073,785 shares voted, representing 63.63% of outstanding shares, all director nominees were approved, including Dr. Mark O'Dea with 94.30% support. Donald McInnes did not stand for re-election. Additionally, PricewaterhouseCoopers was reappointed as auditor. The company also noted that Vice President Brian Martin will leave on June 17, 2022, for another opportunity in the gold sector. Details are available on SEDAR.

Liberty Gold Corp. (LGDTF) announces the final results from its winter drill program at the Black Pine oxide gold deposit in Idaho. The report includes significant findings from 19 reverse circulation (RC) holes and one core hole, specifically LBP511CA, which returned 1.38 g/t Au over 100.4 m, marking one of the highest intercepts to date. The exploration extends the Rangefront Focus Area (RFA) mineralization, which remains open, particularly to the north and east. Future drilling is planned to further explore new targets and expand resource estimates.

Liberty Gold Corp. (OTCQX:LGDTF) has successfully completed the sale of a 79.9% interest in the Kinsley Mountain gold project to CopAur Minerals for a total of US$2.5 million. This amount is split evenly between cash and shares. Liberty Gold now holds 5,207,493 shares of CopAur, representing 10.23% of its outstanding shares. Additionally, Liberty retains a 1% Net Smelter Return Royalty on Kinsley. The funds are part of Liberty's strategy to re-deploy capital towards advancing its Black Pine and Goldstrike gold projects in the Great Basin.

Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) reported its Q1 2022 financial results, highlighting a net loss of $8 million. The company closed a bought deal financing raising C$30 million, strengthening its liquidity with $33.9 million in cash by March 31, 2022. Key operational achievements include significant drill results from the Black Pine and Goldstrike projects, indicating strong mineralization potential. The drilling at Black Pine has revealed a high-grade core zone, while Goldstrike has confirmed continuity in high-grade gold mineralization.