Liberty Gold Announces Updated Mineral Resource Estimate for the Black Pine Oxide Gold Project, Idaho

Original announcement by yahoo_press on

Company
Liberty Gold Corp.
Ticker
LGD
Exchange
TSX
Region
Idaho, USA
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update
Extracted
2026-09-21 08:13:21 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Liberty Gold Corp. has announced an updated Mineral Resource Estimate for its Black Pine Gold Project in Idaho, USA. The updated resource includes 4.88 million ounces of Indicated gold and 1.05 million ounces of Inferred gold at a 0.10 g/t Au cut-off grade.

Reasoning: The company announced an updated Mineral Resource Estimate for the Black Pine project, providing new scale for the gold resource.

Positive factors

  • Significant gold resource reported
  • Resource update provides new baseline

Facts used in scoring: 2

Classification and evidence

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The announcement is an update to the independent Mineral Resource Estimate at the Black Pine Gold Project.

Evidence · text

“announce an update to the independent Mineral Resource Estimate”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The cut-off grade for the resource is explicitly stated as 0.10 g/t Au.

Evidence · text

“reported at a cut-off grade (“COG”) of 0.10 grams per tonne (“g/t”) gold”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Resource Estimates (2)

indicatedBlack Pine Gold Project · goldGrade Unit: g/tContained Metal: 4882000Contained Unit: ozView all details
Link to this fact

Identity

Project
Black Pine Gold Project
Commodity
gold
Region
usa_id
Reported Region
Idaho, USA
Ticker
LGD

Resource scope

Estimate type
resource
Resource group id
resource:706419e141ef1512f481

Resource Data

Category
indicated
Grade Unit
g/t
Contained Metal
4882000
Contained Unit
oz
Cutoff Grade
0.1
Cutoff Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-10T00:00:00.000Z

Reasoning: Reported 4.88 Moz of Indicated gold.

Positive factors

  • Large indicated gold resource

Evidence · text

“4,882,000 Au oz Indicated”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

inferredBlack Pine Gold Project · goldGrade Unit: g/tContained Metal: 1050000Contained Unit: ozView all details
Link to this fact

Identity

Project
Black Pine Gold Project
Commodity
gold
Region
usa_id
Reported Region
Idaho, USA
Ticker
LGD

Resource scope

Estimate type
resource
Resource group id
resource:72b678a541585c6fbb42

Resource Data

Category
inferred
Grade Unit
g/t
Contained Metal
1050000
Contained Unit
oz
Cutoff Grade
0.1
Cutoff Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-02-10T00:00:00.000Z

Reasoning: Reported 1.05 Moz of Inferred gold.

Positive factors

  • Additional inferred gold resource

Evidence · text

“1,050,000 Au oz Inferred”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.