# Liberty Gold Reports Year-End 2025 Financial and Operating Results

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/liberty-gold-reports-year-end-2025-financial-and-operating-results--ece0b786-62c6-4b03-9f53-8a7a90ac5237

Original source: https://money.tmx.com/en/quote/LGD/news/6094574119047454/liberty-gold-reports-year-end-2025-financial-and-operating-results

Publisher: tmx

Original announcement: 2026-03-25T22:33:31.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Liberty Gold Corp.

- Ticker: LGD

- Exchange: TSX

- Region: Idaho

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Drill results, Resource update, Other

- Extracted: 2026-09-18 06:52:51 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Liberty Gold Corp. reported its 2025 year-end results, highlighting significant progress at the Black Pine Gold Project through resource growth and permitting milestones. The company also announced the $72.5 million sale of its Goldstrike project and various drill results confirming mineralization expansion.

Reasoning: The document is a year-end financial report that summarizes multiple material developments, including resource updates, drill results, permitting progress, and major asset transactions, alongside financial performance.

- Positive factor: Significant resource growth at Black Pine

- Positive factor: Advancement of Black Pine through feasibility study and permitting milestones

- Positive factor: Successful divestment of Goldstrike project for $72.5 million

- Negative factor: Continued net losses for the fiscal year

Facts used in scoring: 5

## Classification and evidence

**Resource Update**

Polarity: neutral

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

Why it applies: The document reports an updated Mineral Resource Estimate for the Black Pine project.

Evidence · text

> we announced an update to the independent Mineral Resource Estimate \(the “ MRE ”\) for Black Pine

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drill results confirm the expansion of the Rangefront Zone.

Evidence · text

> latest reverse circulation \(“ RC”\) drilling results confirming that the Rangefront Zone at Black Pine continues to expand

**Agreement Transaction**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company entered into a definitive agreement to sell the Goldstrike project.

Evidence · text

> entered into a definitive share purchase agreement \(the “ Goldstrike Agreement ”\) to sell the issued and outstanding shares of the subsidiary, Specialty American Metals Inc., that owns Goldstrike to Heliostar Metals Ltd.

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### LBP1171

[Link to this fact](https://atlas-extractions.minestarters.com/news/liberty-gold-reports-year-end-2025-financial-and-operating-results--ece0b786-62c6-4b03-9f53-8a7a90ac5237#fact-drill-facts-2)

Black Pine · gold

#### Identity

- Hole ID: LBP1171
- Project: Black Pine
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: LGD

#### Geometry

- Grade: 5.19
- Grade Unit: g/t
- Intercept: 9.1 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: High grade intercept in Discovery Zone.

- Positive factor: High grade intercept

Evidence · text

> 5.19 g/t Au over 9.1 m in LBP1171

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LBP1171

[Link to this fact](https://atlas-extractions.minestarters.com/news/liberty-gold-reports-year-end-2025-financial-and-operating-results--ece0b786-62c6-4b03-9f53-8a7a90ac5237#fact-drill-facts-3)

Black Pine · gold

#### Identity

- Hole ID: LBP1171
- Project: Black Pine
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: LGD

#### Geometry

- Grade: 1.53
- Grade Unit: g/t
- Intercept: 85.3 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Wide high-grade intercept.

- Positive factor: Significant width

Evidence · text

> 1.53 g/t Au over 85.3 m, including 5.19 g/t Au over 9.1 m in LBP1171

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LBP1197

[Link to this fact](https://atlas-extractions.minestarters.com/news/liberty-gold-reports-year-end-2025-financial-and-operating-results--ece0b786-62c6-4b03-9f53-8a7a90ac5237#fact-drill-facts-4)

Black Pine · gold

#### Identity

- Hole ID: LBP1197
- Project: Black Pine
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: LGD

#### Geometry

- Grade: 2.45
- Grade Unit: g/t
- Intercept: 24.4 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: High grade intercept in 2025 drilling.

- Positive factor: High grade subset

Evidence · text

> LBP1197 returning 0.86 g/t Au over 123.4 m including 2.45 g/t Au over 24.4 m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/liberty-gold-reports-year-end-2025-financial-and-operating-results--ece0b786-62c6-4b03-9f53-8a7a90ac5237#fact-resource-facts-0)

Black Pine · gold

#### Identity

- Project: Black Pine
- Commodity: gold
- Region: usa\_id
- Reported Region: Idaho
- Ticker: LGD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-02-10T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:25ca5d6c1b640fd534de
- Deposit or zone: Black Pine
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 502700000
- Grade: 0.3
- Grade Unit: g/t
- Contained Metal: 4882000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-02-10

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Significant indicated resource reported at Black Pine.

- Positive factor: Large indicated resource tonnage

Evidence · text

> Indicated Resource of 502.7 million tonnes \(“ Mt ”\) at an average grade of 0.30 g/t Au totalling 4,882,000 ounces \(“oz”\) Au

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: 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

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/liberty-gold-reports-year-end-2025-financial-and-operating-results--ece0b786-62c6-4b03-9f53-8a7a90ac5237#fact-resource-facts-1)

Black Pine · gold

#### Identity

- Project: Black Pine
- Commodity: gold
- Region: usa\_id
- Reported Region: Idaho
- Ticker: LGD

#### Resource scope

- Estimate type: resource
- Effective date: 2026-02-10T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:5eef7e818629e97e2190
- Deposit or zone: Black Pine
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 157100000
- Grade: 0.21
- Grade Unit: g/t
- Contained Metal: 1050000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2026-02-10

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-03-25T00:00:00.000Z

Reasoning: Substantial inferred resource reported.

- Positive factor: Significant inferred resource component

Evidence · text

> Inferred Resource of 157.1 Mt at an average grade of 0.21 g/t Au totalling 1,050,000 oz Au

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: 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

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## 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.
