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Liberty Gold Reports Q1 2026 Financial and Operating Results
VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to
About this update from Liberty Gold Corp
VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the quarter ended March 31, 2026. All amounts are presented in United States dollars unless otherwise stated. FIRST QUARTER OF 2026 AND RECENT HIGHLIGHTS PROJECT HIGHLIGHTS – BLACK PINE During early 2026, Liberty Gold advanced the Black Pine Gold Project (“Black Pine” or the “Project”) through resource growth, continuation of a feasibility study, and key federal permitting milestones, while also executing strategic corporate initiatives. On April 3, 20261, we reported that the United States Forest Service published a Notice of Intent in the Federal Register to prepare an Environmental Impact Statement for Black Pine, initiating the formal National Environmental Policy Act review process. On January 20, 20262, we announced that Black Pine has been accepted into FAST-41 as a “Covered Project” and subsequently, on March 23, 20263, we announced that a coordinated federal and state permitting schedule has been posted to the United States government permitting dashboard, pursuant to the U.S. Federal Permitting Improvement Steering Committee Council FAST-41 federal permitting framework (“FAST-41”), which provides transparency on permitting milestones and timelines. On February 10, 20264, we announced an update to the independent Mineral Resource Estimate (the “2026 MRE”) for Black Pine, conducted by SLR Consulting Ltd. and suitable for use in a Feasibility Study (“FS”). Highlights include: The 2026 MRE is reported at a cut-off grade (“COG”) of 0.10 grams per tonne (“g/t”) gold (“Au”) and consists of: Indicated Resource of 502.7 million tonnes (“Mt”) at an average grade of 0.30 g/t Au totalling 4,882,000 ounces (“oz”) Au; and Inferred Resource of 157.1 Mt at an average grade of 0.21 g/t Au totalling 1,050,000 oz Au. A high-grade subset of the 2026 MRE (contained within the 0.10 g/t Au resource pit), applying a COG of 0.50 g/t Au consists of: Indicated Resource of 60.1 Mt at an average grade of 0.99 g/t Au totalling 1,907,000 oz Au; and Inferred Resource of 6.4 Mt at an average grade of 0.74 g/t Au totalling 152,000 oz Au. On January 22, 20265, we announced additional RC and core drill results from the 2025 drilling program; highlights include: Drill hole LBP1197 re...