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Note: Plan map detailing 2026 drilling by category. Burnt Basin exploration holes have been planned but are not currently scheduled to be completed in 2026. The Rangefront zone “Drilled to Measured” program is subject to future pending results.
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Growth Opportunities
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High-priority resource growth areas will be assessed with approximately 20,000 m of RC drilling targeting:
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- Near-resource expansion in the Rangefront area where mineralization remains open laterally,
- Areas where mineralization extends beyond the margins of the current resource shell, and
- Early-stage evaluation of targets where geological characteristics are consistent with known mineralization.
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These targets are being advanced in a disciplined manner, with a focus on opportunities that may contribute to future mine plans or support long-term expansion.
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Project Infrastructure, Permitting & Engineering Support
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Approximately 10,000 m of targeted RC drilling will support infrastructure planning and permitting requirements, including:
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- Geotechnical data collection for detailed engineering related to infrastructure siting and evaluation of potential construction material for the future leach pad,
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- Site characterization supporting land status and permitting requirements associated with locatable minerals, and
- Data collection surrounding the legacy leach pad to help determine potential use-cases and sequencing for that material in future mine plans.
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PROGRAM CONTEXT AND STRATEGIC POSITIONING
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The 2026 drill program reflects Liberty Gold’s continued growth into the development space, with drilling activities now aligned to strengthening confidence in the early years of the mine plan, support project financing and construction decisions, and advance permitting under the FAST-41 coordinated framework.
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The Company continues to prioritize disciplined capital allocation focusing on work that enhances project certainty, supports financing decisions, and advances operational readiness.
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ABOUT LIBERTY GOLD
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Liberty Gold is a U.S.-focused gold company advancing Black Pine, its 100% owned oxide gold project in Idaho, located within the Great Basin, one of the world’s most productive and mining-friendly gold regions. Black Pine is a large-scale, past-producing, run-of-mine heap leachable gold deposit progressing through feasibility and permitting toward a modern open-pit mining operation. The Company’s strategy is centered on advancing high-quality, long-life gold assets, with a clear focus on technical simplicity, strong environmental performance, project executability, collaborative permitting processes, and value creation. This reflects Liberty Gold’s commitment to the discipline of delivery. The Company is led by an experienced team with a track record of discovery, development, and delivering sustained long-term value.
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For more information, visit libertygold.ca or contact:
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Susie Bell, Vice President, Investor Relations and Corporate Communications
Phone: 604-632-4677 or Toll Free 1-877-632-4677
[email protected]
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This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements or information concerning, future financial or operating performance of Liberty Gold and its business, operations, properties and condition; planned de-risking activities at Liberty Gold’s mineral properties; future updates to the mineral resource, the potential quantity, recoverability and/or grade of minerals; the potential size of a mineralized zone or potential expansion of mineralization; proposed exploration and development of Liberty Gold’s exploration property interests; the results of mineral resource estimates or mineral reserve estimates and preliminary feasibility studies; and the Company’s anticipated expenditures.
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Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “planned”, “expect”, “project”, “predict”, “potential”, “targeting”, “intends”, “believe”, “potential”, and similar expressions, or describes a “goal”, or variation of such words and phrases or state that certain actions, events or results “may”, “should”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions about future prices of gold, and other metal prices, currency exchange rates and interest rates, favourable operating conditions, political stability, timely receipt of governmental or regulatory approvals, including any stock exchange approvals; receipt of a financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, results or timing of any mineral resources, resource conversion, pre-feasibility study, mineral reserves, or feasibility study; the availability of drill rigs, successful resolution of disputes and anticipated costs and expenditures. Many assumptions are based on factors and events that are not within the control of Liberty Gold and there is no assurance they will prove to be correct.
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