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Liberty Gold Files Preliminary Economic Assessment Technical Report on SEDAR for the Goldstrike Oxide Gold Deposit, Great Basin, USA

Technical Reports (NI 43-101) Economic Studies

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NEWS RELEASE 18-13 July 16, 2018

Liberty Gold Files Preliminary Economic Assessment Technical Report on

SEDAR for the Goldstrike Oxide Gold Deposit, Great Basin, USA

VANCOUVER, B.C. – Liberty Gold Corp. (LGD - TSX) ("Liberty Gold" or the "Company") is pleased to

announce that further to its news release dated July 10, 2018, the Company has filed on SEDAR a

National Instrument (“NI”) 43-101 Preliminary Economic Assessment (“PEA”) Technical Report for the

Goldstrike Oxide Gold Deposit, Utah, USA.

The NI 43-101 PEA Technical Report is entitled “Preliminary Economic Assessment and Independent

Technical Report for the Goldstrike Project, Washington County, Utah USA”, effective February 8,

2018 and signed July 16, 2018 (the “Technical Report”). The Technical Report was authored by

independent Qualified Persons and is in accordance with National Instrument 43-101 – Standards of

Disclosure for Mineral Projects.

The Technical Report is available under the Company’s profile at www.sedar.com and will also be

available on the Company’s website at www.libertygold.ca.

About Goldstrike

Goldstrike is located in the eastern Great Basin, immediately adjacent to the Utah/Nevada border, and

is a Carlin-style gold system, similar in many ways to the prolific deposits located along Nevada’s

Carlin trend. Like Kinsley Mountain and Newmont’s Long Canyon deposit, Goldstrike represents part

of a growing number of Carlin-style gold systems located off the main Carlin and Cortez trends in

underexplored parts of the Great Basin. The historic Goldstrike Mine operated from 1988 to 1994, with

209,000 ounces of gold produced from 12 shallow pits, at an average grade of 1.2 g/t gold and an

average recovery of approximately 75%.

ABOUT LIBERTY GOLD

Liberty Gold is focused on exploring the Great Basin of the United States, home to large-scale gold

projects that are ideal for open-pit mining. This region is one of the most prolific gold-producing

regions in the world and stretches across Nevada and into Idaho and Utah. We know the Great Basin

and are driven to discover and advance big gold deposits that can be mined profitably in open-pit

scenarios. Our flagship projects are Goldstrike, Black Pine and Kinsley Mountain, all of which are past

producing open-pit mines, where previous operators only scratched the surface.

For more information, visit www.libertygold.ca or contact:

Susie Bell, Manager, Investor Relations

Phone: 604-632-4677 or Toll Free 1-877-632-4677

[email protected]