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Liberty Gold Appoints Darin Smith as Senior Vice President, Corporate Development


VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce the appointment of Darin Smith as Senior Vice President, Corporate Development.

Mr. Smith is a finance professional with over twenty years of experience in financial analysis and corporate strategy within the mining sector. Prior to joining Liberty Gold, he served as Senior Vice President Corporate Development at Kirkland Lake Gold Ltd. where he was involved in a number of value enhancing transactions including the merger of equals with Agnico Eagle Mines Ltd. and the acquisition of Detour Gold Corp.

Darin began his career as an investment banker at BMO Capital Markets where he spent 10 years in the Global Metals and Mining Group in both their Toronto and London offices. He holds a Bachelor of Applied Science in Mining Engineering and a Master of Management Analytics, both from Queen’s University.

Jason Attew, President and CEO of Liberty Gold stated, “Darin and I worked together during our mutual time at BMO Capital Markets, and he is an excellent addition to the Liberty Gold team. I believe Darin’s intellect, business acumen and no-nonsense approach will be a huge asset for the team; he sees the tremendous upside potential of our oxide gold heap leach assets. With the updated Black Pine resource estimate due out in Q1 2023, Darin adds a complementary skillset to our management team at an opportune time as we deliver key de-risking milestones for our flagship project.”


Liberty Gold is focused on exploring for and developing open pit oxide deposits in 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 Black Pine in Idaho and Goldstrike in Utah, both past- producing open-pit mines, where previous operators only scratched the surface.

For more information, visit or contact:

Susie Bell, Manager, Investor Relations
Phone: 604-632-4677 or Toll Free 1-877-632-4677

Allstatementsinthispressrelease,otherthanstatementsofhistoricalfact,are"forward-lookinginformation"withrespecttoLiberty Goldwithinthemeaningof applicablesecuritieslaws,includingstatementsthataddresspotentialquantityand/orgradeof minerals. 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", orvariation of such words and phrases or state thatcertain 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 numberofestimatesandassumptionsofmanagementatthedatethestatementsaremadeincluding,amongothers,assumptionsaboutfuture pricesof gold,andothermetalprices,currencyexchangeratesandinterestrates,favourableoperatingconditions,politicalstability, obtaininggovernmentalapprovalsandfinancingontime,obtainingrenewalsforexistinglicensesandpermitsandobtainingrequired licenses andpermits, labour stability, stability in market conditions, availability of equipment, timing of assay results, scalability of metallurgical results, results and accuracy of mineral resources, the availabilityof drillrigs,successfulresolutionof disputesandanticipatedcostsandexpenditures.Manyassumptionsarebasedonfactors andeventsthatarenotwithinthecontrolofLibertyGoldandthereisnoassurancetheywillprovetobecorrect.

Suchforward-lookinginformation,involvesknownandunknownrisks, whichmaycausetheactualresultstobemateriallydifferentfrom any future results expressed or implied by such forward-looking information, including, risks related to the interpretation of results and/ortherelianceontechnicalinformationprovidedbythirdpartiesasrelatedtotheCompany’smineralpropertyinterests;changes inprojectparametersasplanscontinuetoberefined;currenteconomicconditions;futurepricesofcommodities;possiblevariationsin grade or recovery rates; the costs and timing of the development of new deposits; failure of equipment or processes to operate as anticipated;thefailureofcontractedpartiestoperform;thetimingandsuccessofexplorationactivitiesgenerally;timingofanypreliminaryeconomicassessmentsorfeasibilityassessments;scalabilityofmetallurgicalresults,delaysinpermitting;possibleclaims againsttheCompany;labourdisputesandotherrisksoftheminingindustry; delays in obtaining governmental approvals, financing or in the completion of exploration as well as those factorsdiscussedintheAnnualInformationFormof theCompanydatedMarch25,2022inthesectionentitled"RiskFactors",under LibertyGold’

AlthoughLibertyGoldhasattemptedtoidentifyimportantfactorsthatcouldcauseactualactions,eventsorresultstodiffermaterially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimatedor intended.There canbe no assurance that such informationwill prove tobe accurate asactual resultsandfuture eventscoulddiffermateriallyfromthoseanticipatedinsuchstatements.LibertyGolddisclaimsanyintentionorobligationtoupdateor reviseanyforward-lookinginformation,whetherasaresultof new information, future events or otherwise.

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