Liberty Gold Advances Black Pine Permitting with Publication of a Federal Notice of Intent
News Release
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Release ID: 26-11 April 3, 2026
Liberty Gold Advances Black Pine Permitting with
Publication of a Federal Notice of Intent
VANCOUVER, B.C. – Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Goldˮ or the “Companyˮ) is
pleased to announce that the United States Forest Service (“USFSˮ) has published a Notice of Intent (“NOIˮ)
in the Federal Register to prepare an Environmental Impact Statement (“EISˮ) for the Companyʼs Black Pine
Oxide Gold Project (“Black Pineˮ) located in southeastern Idaho. The approval and publication of an NOI is
the key permitting milestone that initiates the federal environmental review process for major projects under
the National Environmental Policy Act (“NEPAˮ).
The EIS process includes public scoping, technical studies and environmental analysis conducted by the
lead federal agency in coordination with federal and state cooperating agencies. Liberty Gold will continue
to engage proactively with regulators, local communities, Tribal Nations, and stakeholders throughout the
review. The process will progress through preparation and publication of a draft EIS, followed by a public
review period, and the issuance of a Final EIS, which together with the Mine Plan of Operations, deemed
administratively complete in November 2025, (see press release dated November 26, 2025) will form the
basis for a federal Record of Decision.
U.S. Senator Jim Risch (Idaho) stated, “Mining has long been central to Idahoʼs economy, and efficient
permitting is critical to ensuring responsible projects like the Black Pine Gold Project can move forward.
This announcement brings Idaho one step closer to creating more jobs and attracting new investment as
we strengthen the future of our domestic mining industry.ˮ
U.S. Congressman Mike Simpson (Idaho) stated, " I a m p l ea s ed t o see t he a dv a nc ement of Bl a c k Pine
Oxide Gold Project in southeastern Idaho. There has been a true partnership between the State of Idaho
and the United States Permitting Council, both of which are aligned to streamline Idaho's permitting
process. The Trump administration has worked hard to fix the decades-long permitting failures through
deregulation and cutting red tape. I applaud this collaboration and look forward to further advancements
in this project."
“With the publication of the Notice of Intent in the Federal Register, Black Pine has entered the formal NEPA
review phase,ˮ said Jon Gilligan, President and CEO of Liberty Gold. “This milestone reflects the completion
of the pre-NEPA technical and baseline workstreams and positions the project to advance through a
coordinated environmental review process. Importantly, as a FAST-41 Covered Project, a publicly disclosed
federal and state permitting schedule is now in place, providing transparency, accountability, and a clear
path forward. We are excited to be working collaboratively with all the agencies involved to move Black
Pine efficiently, effectively and respectfully through the permitting process.ˮ
News Release
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Black Pine represents a large-scale, oxide gold development opportunity in the U.S. Great Basin, supported
by a multi-million-ounce mineral endowment, existing infrastructure and a well-established mining and
permitting jurisdiction.
The project is advancing under the auspices of the United States Federal Permitting Improvement Steering
Council as a FAST-41 “Covered Project,ˮ with both federal and State of Idaho agencies operating under a
coordinated permitting framework. A comprehensive permitting schedule has been published on the FAST-
41 Permitting Dashboard, providing a publicly disclosed federal and state permitting timeline.
In parallel with permitting, Liberty Gold continues to advance Black Pine through feasibility -level
engineering, ongoing environmental baseline programs, and supporting technical workstreams. These
activities are designed to support the feasibility study, targeted for release in Q4, 2026, while advancing
Black Pine toward development.
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 worldʼs 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 Companyʼs strategy is centered
on advancing high- quality, long -life gold assets, with a clear focus on technical simplicit y, strong
environmental performance, project executability, collaborative permitting processes, and value creation.
This reflects Liberty Goldʼs 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 informationˮ and “forward-looking statementsˮ within the meaning of applicable securities laws, including statements or information concerning, future financial or operating performance
of Liberty Gold a nd it s business, operations, properties and condition; planned de-risking activities at Liberty Goldʼs mineral properties; federal and state permitting timelines, future updates to the mineral resource, the potential
quantity, recoverability and/or grade of minerals; the potential size of a mineralized zone or potential expansion of mineralization; proposed exploration and development of Liberty Goldʼs exploration property interests; future water
rights acquisitions; the results of mineral resource estimates or mineral reserve estimates and preliminary feasibility studies; and the Companyʼs 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 expressions, 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 future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions about future prices of gold,
and other metal prices, currency exchange rates and interest rates, favourable operating conditions, political stability, timely receipt of governmental or regulatory approvals, including any stock ex change approvals; receipt of a
financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, results or timing of any mineral resources,
results or timing of any baseline studies, 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 and 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 interpretation of results and/or the reliance on technical information provided by third parties as related to the Companyʼs mineral property interests; changes in project parameters as plans continue to be refined; current
economic conditions; state and federal permitting processes, future prices of commodities; possible variations in grade or recovery rates; the costs and timing of the development of new deposits; failure of equipment or processes
to operate as anticipated; the failure of contracted parties to perform; the timing and success of exploration 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, 2026, in the section entitled "Risk Factors", under Liberty Goldʼs SEDAR+ profile at www.sedarplus.ca.
Although Liberty Gold has attempted to identify important factors that could cause actual actions, events or results to differ 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 intention 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 between actual
results and previously disclosed material forward-looking information, or as otherwise required by law.
Except for statements of historical fact, information contained herein or incorporated by reference herein constitutes forward-looking statements and forward-looking information. Readers should not place undue reliance on forward-
looking information. All forward-looking statements and forward-looking information attributable to us is expressly qualified by these cautionary statements.