D-4 Discovery At Rangefront Target On Black Pine Oxide Gold Deposit

VANCOUVER - Liberty Gold Corp. announced the new D-4 gold discovery at the Rangefront target on its Black Pine Oxide Gold deposit in southeastern Idaho, immediately adjacent to the Utah/Idaho border, confirmed with the the first tranche of 2021 Reverse Circulation drill results. D-4 discovery drill holes LBP356 and LBP358 were drilled from the first site established in the new permit area targeting a 1,250 meter (m) gap in drilling along the four kilometer (km) long dominant mineralization trend at Black Pine. This large gap between two mineralized areas had seen no previous drilling due to the presence of shallow sandstone cover rocks that overlie the gold-host carbonate rocks. The two +100 gram-meter oxide gold intercepts are spaced approximately 100 m apart and are characteristic of other high grade oxide gold zones across the property.

Cal Everett, President and CEO, said,, “D-4 at Rangefront represents another game-changing discovery for Black Pine in a completely untested area of the property. With mineralization in the Discovery Zone trending southeast under sandstone cover, we believed the Rangefront area had potential to host the faulted-off, southern extension of the Black Pine gold system. While it is still early days, with the high-grade intervals in LBP356 and LBP358 and mineralization over a 400 m down-hole interval in LBP349, we have proof of concept that significant gold mineralization exists in the D-4 area. We are now aggressively drilling at D-4 and expect to continue through the remainder of the 2021 drill season. The D-4 discovery, along with new frontier discoveries at Rangefront Southwest and Upper F Zone continues to demonstrate the large-scale and robust nature of the oxide gold system at Black Pine, which remains relatively untested after only two years of concentrated drilling in the Discovery Zone.”