Liberty Gold Corp. announced an update to the independent Mineral Resource Estimate at its Black Pine Oxide Gold Project in southeastern Idaho. The new resource solidly underpins the Pre-Feasibility Study, which is on track for completion in the third quarter 2024".

This Mineral Resource Update includes an additional 199 Reverse Circulation ("RC") totaling 39,426 metres ("m") drilled by Liberty Gold in late 2022 and in 2023. Combining historic and Liberty Gold drilling results in a total of 2,821 drill holes representing 422,142 m of drilling contributing to the new resource. Based on exploration drilling costs for 2023, additional ounces added in this Mineral Resource update reflect a 3) and a three-pass interpolation strategy into the model blocks in Leapfrog Edge using the mineral domain coding to explicitly constrain the gold grade estimations; and, Evaluating, statistically and visually, the resulting model in detail prior to finalizing the mineral resource estimation.

The Company has concluded that a Technical Report update is not required with this new Mineral Resource and will include the resource estimate update into the Pre-feasibility Technical Report expected to be completed in third quarter 2024.