06:26 AM EDT, 10/29/2025 (MT Newswires) -- Liberty Gold ( LGDTF ) announced Wednesday "strong" oxide gold assays from nine infill drill holes in the Discovery Zone at its Black Pine Gold Project in southeastern Idaho.

A statement noted these results are part of the ongoing near 40,000 meter feasibility drill program designed to support resource conversion, metallurgical modelling, geotechnical studies and mine design.

The statement said: "This series of holes in Discovery were planned to increase confidence in the mineralization and metallurgical models in an area previously defined largely by historic drilling. Notably, drill hole LBP1171 contains the 8th highest unmined intercept at Black Pine on a grade-thickness basis. The upper portion of this intercept has confirmed the extension of a previously mined high-grade shoot in the historic B Pit area, which will now be included in the upcoming Feasibility Resource model.

"Overall," it added, "the Discovery Zone continues to demonstrate excellent continuity of near-surface oxide mineralization with high-grade domains that are laterally continuous in multiple directions. These results are from the first 9 drill holes of a planned 35-40 drill hole program in the Discovery area."

Among highlights, LGD cited 1.53 g/t Au over 85.3 meters, including 5.19 g/t Au over 9.1 meters in LBP1171; and 1.17 g/t Au over 59.4 meters, including 3.44 g/t Au over 15.2 meters in LBP1155.

Jon Gilligan, president and CEO, said: "While Rangefront expands toward a potential cornerstone starter pit, today's Discovery Zone results reinforce why Black Pine is an exceptional oxide gold system. We are drilling thicker-than-expected oxide mineralization with consistent grade -- precisely the type of material required for Feasibility conversion. These results reinforce Discovery as a high-margin mining phase with strong leach performance and clear potential to add ounces to the resource."

LGD was unchanged on the TSX yesterday.