Liberty Gold Files Feasibility Study Technical Report for the Black Pine Project in Idaho, USA

VANCOUVER, British Columbia, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce that further to its news release dated September 8, 2026, the Company has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report entitled “Technical Report and Feasibility Study for the Black Pine Project, Idaho, USA”, with an effective date of August 1, 2026, and dated September 18, 2026, on the Company’s profile on SEDAR+ at www.sedarplus.ca.

The Technical Report was prepared by the following team of industry experts:

Category	Name	Company
Mineral Reserve Estimate, Mining Engineering, Geotechnical Engineering	Todd Carstensen, RM-SME	AGP Mining Consultants Inc.
Heap Leach Operating Model	Brendan Fetter, P.E.	Forte Dynamics
Legacy Heap Leach Facility Resource Estimate	Don Hulse, RM-SME	Forte Dynamics
Metallurgy	Gary Simmons, MMSA	GL Simmons Consulting LLC.
Environmental, Permitting & Compliance	Kyle Brangers, CPG	GSI Environmental Inc.
Mineral Processing	Benjamin Bermudez, P.E.	M3 Engineering & Technology Corp.
Infrastructure, Financial Evaluations, & Study Lead Engineer, Hydrology and Hydrogeology	Matthew Sletten, P.E.	M3 Engineering & Technology Corp.
Heap Design & Closure	Nicholas Rocco, Ph.D., P.E.	NewFields Companies LLC.
Mineral Resource Estimate, Geology	Valerie Wilson, P.Geo.	SLR Consulting (Canada) Ltd.

The Technical Report is available on the Company’s website at www.libertygold.ca.

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 advancing through permitting toward a potential construction decision. 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
info@libertygold.ca

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 business, operations, properties and condition; planned de-risking activities at Liberty Gold’s mineral properties; expectations regarding the sufficiency of existing water rights to support the Project; plans regarding refining of gold and silver doré bars produced at the ADR plant; federal and state permitting timelines; future updates to the mineral resource, including potential resource growth and conversion of mineral resources to mineral reserves; completion and results of the DtM program, including the expected timing thereof, and expectations regarding the potential benefits of such program; 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 Gold’s exploration property interests; expectations regarding dewatering requirements; the results of mineral resource estimates or mineral reserve estimates; the Company’s anticipated expenditures; the results and conclusions of the Feasibility Study, including projected mine life, production, recoveries, total cash costs, capital costs, AISC, cash flow, NPV, IRR and payback periods; gold price sensitivities; anticipated employment and community benefits and Black Pine’s ability to generate long-term value for shareholders and other stakeholders; execution-readiness; and potential completion of a construction decision and development of the Project.

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, licenses and permits; obtaining timely renewals for existing licenses and permits; access to necessary financing; labour stability, stability of labour markets and market conditions in general; availability of drill rigs and other equipment; results or timing of any mineral resources, results or timing of any baseline studies, resource conversion, the estimation of mineral reserves and mineral resources, and of any metallurgical testing completed to date; there being no significant disruptions affecting the development and operation of the Project; successful resolution of disputes; anticipated costs and expenditures; and general marketing, political, business and economic conditions. 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, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, among others: the interpretation 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 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 risk, uncertainties and other factors discussed in the Annual Information Form of the Company dated March 25, 2026, in the section entitled "Risk Factors", available under Liberty Gold’s SEDAR+ profile at www.sedarplus.ca.

Although Liberty Gold has attempted to identify important factors that could cause actual performance, achievements, actions, events, results or conditions to differ materially from those described in forward-looking information, there may be other factors that cause performance, achievements, actions, events, results or conditions not to be as anticipated, estimated or intended. Forward-looking information and forward-looking statements contained herein are made as of the date of this press release and 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. There can be no assurance that such forward-looking statements or forward-looking information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information or forward-looking statements. All forward-looking statements and forward-looking information attributable to us is expressly qualified by these cautionary statements.

Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources

The information, including any information incorporated by reference, and disclosure documents of Liberty Gold that are filed with Canadian securities regulatory authorities concerning mineral properties have been prepared in accordance with the requirements of securities laws in effect in Canada, which differ from the requirements of United States securities laws.

Without limiting the foregoing, these documents use the terms “measured resources”, “indicated resources”, “inferred resources” and “mineral reserves”. These terms are Canadian mining terms as defined in, and required to be disclosed in accordance with, NI 43-101, which references the guidelines set out in the CIM Definition Standards, adopted by the CIM Council, as amended. However, these standards differ significantly from the mineral property disclosure requirements of the United States Securities and Exchange Commission (the “SEC”) in Regulation S-K Subpart 1300 (the “SEC Modernization Rules”) under the United States Securities Act of 1934, as amended. The Company does not file reports with the SEC and is not required to provide disclosure on its mineral properties under the SEC Modernization Rules and will continue to provide disclosure under NI 43-101 and the CIM Definition Standards.