Advances Black Pine Permitting with Submission of Preliminary Cyanidation Design Report
News Release
Page
1
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Release ID: 2
6
-
20
August 5, 2026
Liberty Gold
Advances Black Pine Permitting with Submission of
Preliminary
Cyanidation Design
Report
VANCOUVER, B.C.
–
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is
pleased to announce
that it has submitted
the
P
reliminary
C
yanidation
D
esign
R
eport
to the Idaho
Department of Environmental Quality (“IDEQ”
),
a key milestone in the
S
tate
of Idaho
permitting process
for
its flagship Black Pine Oxide Gold Project (“Black Pine”
or
“Pr
oject
”
) in southeastern Idaho.
The submission
provides
IDEQ with the
P
roject’s
initial
process
plant
and
heap leach
design
features,
operating
plans
and
a
proposed
groundwater monitoring framework to support early agency review and
feedback
. Subsequently,
Liberty
Gol
d
intends to
submit
the
f
ormal
cyanidation
permit
application
package
for Black Pine
, target
ing
the first
quarter
of
2027
.
The
Co
mpany
is
advanc
ing
Black Pine
through feasibility,
environmental review and coordinated federal
-
state permitting.
Federal environmental review is being
coordinated
under
FAST
-
41
as a Covered Project,
in
tandem with the
State of Idaho permitting
activities
.
Liberty Gold has also be
en
accepted as
a
member of the
International Cyanide Management Institute
(“ICMI”)
and
i
s
now
signatory to the International Cyanide Management Code
(“Cyanide Code”)
.
The
Cyanide Code is a voluntary
,
industry
-
leading
program focused on the safe and responsible management
of cyanide in gold and silver mining, including cyanide manufacture, transport, handling, storage,
operations, worker safety, emergency response and decommissioning.
The program is actively supported
by major and mid
-
tier gold producers
worldwide
.
Liberty
Gold
intends to
proceed with
a pre
-
operational
design
certification
through
ICMI
following
submission of the formal
cyanidation permit
application
to
IDEQ
.
S
ubsequently
,
the Company
would apply for formal operational certification within
three
years of active
mining and leaching
at Black Pine
.
“Subm
ission of the preliminary design report and monitoring well plan
is an important milestone for Black
Pine
permitting
and
gives
the
S
tate of Idaho
a detailed basis for early technical review
,
”
said
Matt Zietlow
,
Vice
President
, Permitting and External Affairs
at
Liberty Gold
.
“
Together with our commitment to
operating
Black Pine under
the
Cyanide Code
, this reflects the
dis
ciplined
, proactive and responsible
approach we
are taking to design, permitting and
best practi
c
e
planning for
future
operation
s
.
”
The Preliminary
Cyanidation
Design Report describes the proposed cyanidation facility
for Black Pine
,
including the heap leach facility, process plant area, process water management and containment systems,
monitoring framework, operational considerations, and reclamation and closure planning.
These materials
are not the final cyanidation permit application and do not constitute receipt of a permit
. The
monitoring
well plan
sets out the proposed groundwater monitoring network, well locations, siting rationale, installation
approach, survey requirements, and reporting commitments.
The final
water monitoring
plan
is subject to
IDEQ review and approval.
News Release
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Liberty Gold continue
s
to
collaborate
and
coordinate with
the
IDEQ, the U.S. Forest Service, the Bureau of
Land Management and other agencies as
project
design and permitting advance
on schedule
. Black Pine
continues to progress across feasibility
-
level engineering, environmental review, permitting, and execution
planning. The Company remains focused on completing the
feasibility study
by
the fourth quarter of
2026
and maintaining the critical path permitting schedule
agreed
to
by
federal
and
state
regulatory
agencies
as
part of
the FAST
-
41
process
(the full Black Pine permitting schedule can be found on the
U.S.
Permitting
Council website
:
Black Pine Gold Project | Permitting Dashboard
.
)
ABOUT LIBERTY GOLD
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 progressing through
feasibility and permitting toward a modern open
-
pit mining operation.
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.
For more information, visit
libertygold.ca
or contact:
Susie Bell,
Vice President, Investor Relations and Corporate Communications
Phone: 604
-
632
-
4677 or Toll Free 1
-
877
-
632
-
4677
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 b
usiness, operations, properties and condition; planned de
-
risking activities at Liberty Gold’s mineral
properties;
future updates to the mineral resource,
the potential quantity, recoverability and/or grade of minerals; the potential size of a mineralized zone or potential expans
ion of
mineralization; proposed exploration and development of Liberty Gold’s exploration property interests; the results of mine
ral resource estimates or mineral reserve estimates and
preliminary feasibility studies; and the Company’s anticipated expenditures.
Forward
-
looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue"
, "planned", "expect", "project", "predict",
"potential", "targeting", "intends", "believe", "potential", and similar expr
essions, or describes a "goal", or variation of such words and phrases or state that certain actions, events
or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Forward
-
looking information is not a guarantee of f
uture performance and is based
upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumpt
ions about future prices of gold, and other
metal prices, currency exchange rates and interest rat
es, favourable operating conditions, political stability, timely receipt of governmental or regulatory approvals, including a
ny
stock exchange approvals; receipt of a financing on time, obtaining renewals for existing licenses and permits and obtaining
req
uired licenses and permits, labour stability, stability
in market conditions, availability of equipment, results or timing of any mineral resources, resource conversion, pre
-
feasibility study,
mineral reserves, or feasibility study; the
availability of
drill rigs, successful resolution of disputes and anticipated costs and expenditures. Many assumptions are based on factors a
nd events that are not within the control
of Liberty Gold and there is no assurance they will prove to be correct.
Such forward
-
looking information, involves known and unknown risks, which may cause the actual results to be materially different from any
future results expressed or implied by
such forward
-
looking information, including, risks related to the interpretat
ion of results and/or the reliance on technical information provided by third parties as related to the
Company’s mineral property interests; changes in project parameters as plans continue to be refined; current economic conditi
ons; future prices of commo
dities; possible variations
in grade or recovery rates; the costs and timing of the development of new deposits; failure of equipment or processes to ope
rate as anticipated; the failure of contracted parties
to perform; the timing and success of explorat
ion activities generally; the timing or results of the publication of any mineral resources, mineral reserves or feasibility
studies; delays
in permitting; possible claims against the Company; labour disputes and other risks of the mining industry; delays
in obtaining governmental approvals, financing, timing of the
completion of exploration as well as those factors discussed in the Annual Information Form of the Company dated March 25, 20
2
6
, in the section entitled "Risk Factors", under
Liberty Gold’s SEDAR+ profile at
www.sedarplus.ca
.
Although Liberty Gold has attempted to identify important factors that could cause actual actions, events or results to diffe
r materially from those described in forward
-
looking
information, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no assurance that such information will
prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements.
Liberty Gold disclaims any i
ntention or obligation to
update or revise any forward
-
looking information, whether as a result of new information, future events or otherwise, except for material differences betw
een actual results and
previously disclosed material forward
-
looking infor
mation, or as otherwise required by law.
News Release
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Except for statements of historical fact, information contained herein or incorporated by reference herein constitutes forwar
d
-
looking statements and forward
-
looking information.
Readers should not place undue reliance on forward
-
looking information.
All f
orward
-
looking statements and forward
-
looking information attributable to us is expressly qualified
by these cautionary statements.