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

56 3 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.”


ABOUT LIBERTY GOLD

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


libertygold.ca


or contact:


Susie Bell, Manager, Investor Relations


Phone: 604-632-4677 or Toll Free 1-877-632-4677



[email protected]


All


statements


in


this


press


release,


other


than


statements


of


historical


fact,


are


“forward-looking


information”


with


respect


to


Liberty Gold


within


the


meaning


of applicable


securities


laws,


including


statements


that


address


potential


quantity


and/or


grade


of 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”, 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, obtaining


governmental


approvals


and


financing


on


time,


obtaining


renewals


for


existing


licenses


and


permits


and


obtaining


required


licenses and


permits, labour stability, stability in market conditions,


availability of equipment, timing of assay results, scalability of metallurgical results, results and accuracy of mineral resources, the


availability


of drill


rigs,


successful


resolution


of disputes


and


anticipated


costs


and


expenditures.


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, which


may


cause


the


actual


results


to


be


materially


different


from


any future results expressed or implied by such forward-looking information, including, risks related to 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;


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;


timing


of


any


preliminary


economic


assessments


or


feasibility


assessments;


scalability


of


metallurgical


results,


delays


in


permitting;


possible


claims against


the


Company;


labour


disputes


and


other


risks


of


the


mining


industry; delays in obtaining governmental approvals, financing or in the completion of exploration as well as those factors


discussed


in


the


Annual


Information


Form


of the


Company


dated


March


25,


2022


in


the


section


entitled


“Risk


Factors”,


under Liberty


Gold’s


SEDAR


profile


at




www.sedar.com



.


Although


Liberty


Gold


has


attempted


to


identify


important


factors


that


could


cause


actual


actions,


events


or


results


to


differ


materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated


or intended.


There can


be no assurance that such information


will prove to


be accurate as


actual results


and


future events


could


differ


materially


from


those


anticipated


in


such


statements.


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.

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


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