Liberty Gold to Present at the Precious Metals & Critical Minerals Virtual Investor Conference May 6, 2026

The most recent release (April 30, 2026) announces a presentation at the Precious Metals & Critical Minerals Virtual Investor Conference. The company reiterates key milestones achieved since its last major updates: * Resource Growth: Confirms Black Pine Indicated Gold Resources have increased to approximately 4.9 million ounces (previously reported as 4.88 Moz in Feb 2026). * Permitting Status: Highlights the transition to the formal NEPA Environmental Impact Statement (EIS) process under the FAST-41 framework, with a target Record of Decision (ROD) set for early 2028. * Project Timeline: Engineering and metallurgical workstreams are progressing toward a Feasibility Study release in Q4 2026. * Financial Strategy: Confirms the completion of the Goldstrike transaction, providing staged cash payments to support Black Pine development via a non-dilutive capital strategy.

This news serves as a summary and confirmation of previously disclosed material events (the Feb 10 Resource Update and March/April Permitting milestones) rather than introducing new financial or technical data. It validates the company's execution on its strategic pivot to focus solely on Black Pine following the divestiture of Goldstrike and Gage projects.

While the specific headline is a routine investor presentation announcement, it must be evaluated in the immediate context of the April 27, 2026 closing of the Goldstrike sale. The April 30 release confirms that the $72.5 million transaction (announced March 23 and closed April 27) is complete, providing immediate liquidity ($10M cash + ~$2.5M Heliostar shares).

• Positive Impact: The confirmation of the Goldstrike closing removes execution risk regarding the monetization of non-core assets. This capital infusion significantly de-risks the funding for the Black Pine Feasibility Study (targeted Q4 2026), reducing the likelihood of near-term dilutive financings.
• Neutral/Expected: The resource update (4.9 Moz) and permitting timeline (Jan 2028 ROD) were largely anticipated based on the Feb 10 MRE and March FAST-41 acceptance news. There is no surprise upside or downside in this specific release compared to prior expectations.
• Risk Mitigation: The "non-dilutive capital strategy" mentioned reduces shareholder dilution risk during the critical feasibility phase, which is a material positive for long-term equity value.

Overall, the news reinforces the company's strategic pivot and financial stability but does not alter the fundamental valuation thesis established by the Goldstrike sale closing three days prior. It acts as a confirmation of execution rather than a new catalyst.

• Company: Liberty Gold Corp. (TSX-V: LGD).
• Flagship Project: Black Pine Oxide Gold Project (Idaho, USA).
  • Type: Brownfield oxide gold deposit with existing infrastructure.
  • Processing: Heap Leach (ROM).
  • Resource: 4.9 Moz Indicated + 1.0 Moz Inferred (as of Feb 2026 update). High-grade subset (COG >0.50 g/t) contains ~1.9 Moz Indicated.
  • Status: Feasibility Study engineering underway; Permitting in NEPA EIS phase under FAST-41 framework.
• Other Assets: Goldstrike (Utah - Sold), Gage (Utah - Sold), Antimony Ridge (Held for divestiture).