Liberty Gold Corp. announced the final tranche of results from the winter drill program on the Rangefront Focus Area (“RFA”) at the Black Pine oxide gold deposit in southern Idaho. Results include 19 reverse circulation (“RC”) holes and one core hole drilled within the RFA.

This release highlights extension of RFA mineralization in step-out holes to the northeast, with thick zones of oxide gold identified in this area, including plus 65-metre (“m”) intercepts in LBP577 and LBP578. Results were also received from step-out drilling along the northern margin of the RFA, including LBP568 and LBP569. Importantly, drilling continues to intercept oxide gold at shallower depths as the RFA mineralization extends in this direction.

Large-diameter (“PQ”) core hole LBP511CA was drilled in the vicinity of the original “D-4” discovery in Rangefront and returned 1.38 grams per tonne gold (“g/t Au”) over 100.4 m, one of the best intercepts drilled by Liberty Gold at Black Pine. The gold endowment in this hole is comparable to nearby RC holes, underscoring the lateral continuity of the high-grade gold zones and the reliability of RC drilling at Black Pine. LBP511CA, as well as three other core holes from the RFA, all with assays pending, will be used for metallurgical column leach testing of this deposit area.

LBP511CA, a core hole drilled in the original Rangefront D-4 discovery area, returned 1.38 g/t Au over 100.4 m, which is one of the best intercepts recorded to-date at Black Pine. The gold endowment in this hole is comparable to nearby RC holes and the original D-4 Discovery holes, which returned: LBP356 (~25 m west): 86.9 m grading 0.91 g/t Au and 21.3 m grading 2.03 g/t Au; LBP358 (~100 m east); 24.4 m grading 1.23 g/t Au and 50.3 m grading 1.37 g/t Au. RC holes drilled along the northern edge of the RFA continue to intercept long intervals of oxide gold mineralization at relatively shallow depth.

Results include: LBP568: 68.6 m grading 0.39 g/t Au and 35.1 m grading 1.13 g/t Au; LBP569: 19.8 m grading 0.43 g/t Au (from 7 m down-hole) and 25.9 m grading 0.45 g/t Au and 30.5 m grading 0.49 g/t Au. New drill results from the northeastern edge of the RFA also encountered long intervals of oxide gold mineralization. Results include: LBP577: 65.5 m grading 0.30 g/t Au; LBP578: 71.6 m grading 0.43 g/t Au.

As a result, the RFA remains open along the entire northern edge of the drilled area, a distance of over 1 kilometer. The presence of gold in shallow historic holes beyond the limit of Liberty Gold drilling suggests that the RFA will continue to grow.