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Liberty Gold Advances Black Pine with 2026 Drill Program Focused on Early Production and Project Execution
VANCOUVER, British Columbia, May 19, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) outlines its 2026
About this update from Liberty Gold Corp
VANCOUVER, British Columbia, May 19, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) outlines its 2026 drill program at the Black Pine Oxide Gold Project (“Black Pine” or the “Project”) in southeastern Idaho, with approximately 40,000 metres (“m”) of approved reverse circulation (“RC”) drilling with an additional 10,000 m of RC drilling planned contingent on results, all to support early production confidence and project execution readiness, aligned with advancing Black Pine towards a construction decision. The 2026 drill campaign is focused on three priorities: Early Production Confidence: Infill drilling to upgrade resources from indicated to measured classification within the initial 2-3 years of the mine plan to increase production confidence in that key operating period. Exploration and Resource Growth: Drilling high-priority resource extension targets proximal to planned mining areas, as well as selected deposit and wider-scale targets. Permitting & Engineering Support: Drilling to support mine plan optimization around phase sequencing and geotechnical material testing, infrastructure planning, and permitting requirements. Jon Gilligan, President and CEO of Liberty Gold, commented: “Our 2026 drill program is focused on strengthening confidence in the early years of production and advancing the technical work required to support a buildable, financeable project. We are prioritizing drilling that directly impacts reserve confidence, mine sequencing, and key engineering inputs. At the same time, we will selectively advance high-quality growth targets that have the potential to support longer-term opportunities beyond the current mine plan at Black Pine.” DRILL PROGRAM OVERVIEW Early-Year Production Confidence and Mine Plan Optimization The 2026 program includes an approved 10,000 m of focused infill RC drilling in the Discovery area focused on the initial production phases of the mine plan, and an additional approximately 10,000 m of proposed infill RC drilling in the Rangefront area, subject to ongoing Feasibility study work (see Figure 1 below). This work is expected to: De-risk initial years of the mine plan by strengthening resource classification, thus providing the basis for potential upgrades to Proven reserve classification, Provide key data for short-range planning and grade control mo...