Liberty Gold Corp. announced additional results from the recently completed 2021 Reverse Circulation (“RC”) drill program at the Goldstrike Oxide Gold Project in southwestern Utah (“Goldstrike”). This news release includes resource conversion drilling in the Main Zone which hosts greater than 75% of the current resource.

This drilling further confirms two key features of the Goldstrike deposit: firstly, mineralization is near surface, emphasising the low strip nature of the orebody and secondly, the predictable lateral continuity of well-mineralized, high-grade corridors in the Main Zone, building confidence in the resource modeling of gold distribution in this area. Additionally, step-out drilling in the Dip Slope Zone along the northern edge of the Main Zone, has delineated a significant down-dip extension of the shallow, mineralized zone, demonstrating further growth potential of the deposit in this area. Please refer to the full table at the link below for complete results.

Results are reported as drilled thicknesses, with true thicknesses varying by hole orientation. True thicknesses are generally 60% to 90% of drilled thicknesses. Gold grades are uncapped.

Au (g/t) = grams per tonne of gold. “AuCN/AuFA” is the ratio of cyanide soluble gold (recovered using the method described in the Quality Assurance – Quality Control section below) to gold by fire assay, expressed as percent. The Main Zone - Basin Pit is located to the northwest of the Hamburg Pit across the Hamburg Fault Zone.

Shallow gold mineralization is preserved in the pit highwalls and immediately beneath the pit floor. Many of the historic holes did not extend deep enough to test the entire thickness of mineralization, and large lateral gaps in drill coverage existed. The infill drilling has defined a previously unrecognized, structural control to high grade mineralization.