Liberty Gold Files Feasibility Study Technical Report for the Black Pine Project in Idaho, USA

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VANCOUVER, British Columbia, Sept. 18, 2026 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce that further to its news release dated September 8, 2026, the Company has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report entitled “Technical Report and Feasibility Study for the Black Pine Project, Idaho, USA”, with an effective date of August 1, 2026, and dated September 18, 2026, on the Company’s profile on SEDAR+ at www.sedarplus.ca.

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The Technical Report was prepared by the following team of industry experts:

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CategoryNameCompany
Mineral Reserve Estimate, Mining Engineering, Geotechnical EngineeringTodd Carstensen, RM-SMEAGP Mining Consultants Inc.
Heap Leach Operating ModelBrendan Fetter, P.E.Forte Dynamics
Legacy Heap Leach Facility Resource EstimateDon Hulse, RM-SMEForte Dynamics
MetallurgyGary Simmons, MMSAGL Simmons Consulting LLC.
Environmental, Permitting & ComplianceKyle Brangers, CPGGSI Environmental Inc.
Mineral ProcessingBenjamin Bermudez, P.E.M3 Engineering & Technology Corp.
Infrastructure, Financial Evaluations, & Study Lead Engineer, Hydrology and HydrogeologyMatthew Sletten, P.E.M3 Engineering & Technology Corp.
Heap Design & ClosureNicholas Rocco, Ph.D., P.E.NewFields Companies LLC.
Mineral Resource Estimate, GeologyValerie Wilson, P.Geo.SLR Consulting (Canada) Ltd.

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The Technical Report is available on the Company’s website at www.libertygold.ca.

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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 advancing through permitting toward a potential construction decision. 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; expectations regarding the sufficiency of existing water rights to support the Project; plans regarding refining of gold and silver doré bars produced at the ADR plant; federal and state permitting timelines; future updates to the mineral resource, including potential resource growth and conversion of mineral resources to mineral reserves; completion and results of the DtM program, including the expected timing thereof, and expectations regarding the potential benefits of such program; 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; expectations regarding dewatering requirements; the results of mineral resource estimates or mineral reserve estimates; the Company’s anticipated expenditures; the results and conclusions of the Feasibility Study, including projected mine life, production, recoveries, total cash costs, capital costs, AISC, cash flow, NPV, IRR and payback periods; gold price sensitivities; anticipated employment and community benefits and Black Pine’s ability to generate long-term value for shareholders and other stakeholders; execution-readiness; and potential completion of a construction decision and development of the Project.

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