Liberty Gold Corp. provided a corporate update on its 2022 work programs at Black Pine and Goldstrike. With the announcement of a 110,000 metre full-year 2022 drill program, the Company is once more backing the drill bit and proven exploration team for further success at highly prospective oxide gold projects in the Great Basin, USA.

At Black Pine, 2022 budget is approximately $19 million, with goal to continue an aggressive exploration program targeting resource expansion and discovery of new mineralization, including a number of as-yet untested targets, as the company continue to delineate the global footprint of the mineralized system in Black Pine oxide gold deposit. Funding for 2022 also includes exploration and engineering drilling, metallurgy, engineering studies and permitting activities, as continue to move the project diligently towards an economic analysis. At Goldstrike, 2022 budget totals $9.5 million, a significant increase from the 2021 program, with goal to ramp-up exploration, complete resource delineation drilling and conduct core drilling in support of metallurgical, geochemical and geotechnical studies.

The intent is to complete these key resource and engineering programs this year, in preparation for the commencement of a formal pre-feasibility study in 2023, followed by a mine plan of operations permit submission.