Liberty Gold Stock Price, News & Analysis

Liberty Gold (LGDTF) has reported its Q1 2025 financial results and announced several significant developments. The company completed a C$23 million bought deal financing in April 2025, with units priced at C$0.33 including warrants exercisable at C$0.45. Key management changes include CEO Cal Everett stepping down, to be replaced by Jon Gilligan, and SVP Corporate Development Darin Smith's resignation. At the Black Pine project, drilling results showed promising expansions with highlights including 15.2m of 5.51 g/t Au. The company submitted a draft Mine Plan of Operations and executed an interagency MOU for Black Pine permitting. Liberty Gold also announced plans to spin out its Goldstrike project into Specialty American Metals Inc, with Russell Starr as CEO. Financial results show a Q1 2025 loss of $2.678 million, with cash position of $4.905 million as of March 31, 2025.

Liberty Gold (LGDTF) has initiated a feasibility study at its Black Pine Oxide Gold Project in Idaho, launching a comprehensive 40,000-meter drilling program. The company has deployed one RC exploration drill, with a second rig expected by May's end. The program focuses on resource upgrade and extensions in key areas including Discovery, Rangefront, CD, and M Zone.

Key initiatives include drilling the Rangefront zone (containing over 1 million ounce resource), infill drilling in the Discovery zone, and exploration of the CD to F Zones. Additionally, a 1,200-meter Sonic drill program will test the legacy Heap Leach Pad. The company plans two phases of metallurgical studies and extensive hydrologic testing. The feasibility study is scheduled for completion in H2 2026, with engineering studies and Environmental Impact Statement preparation beginning in Q4 2025.

Liberty Gold Corp (TSX:LGD; OTCQX:LGDTF) announces CEO Cal Everett's retirement after eight years of service, effective June 12, 2025. Dr. Jon Gilligan, current President and COO, will succeed as the new President, CEO, and Board Director.

Everett will transition to a non-executive director role in the company's spin-out entity, Specialty American Metals Inc, which will hold 100% of the Goldstrike/Antimony Ridge project in SW Utah. He will also continue supporting Liberty Gold as a Senior Financial Strategist in an advisory capacity.

Under Everett's leadership, Liberty Gold achieved multiple gold discoveries and established itself as a major player in the US Great Basin oxide gold developer space. Dr. Gilligan, with over 35 years of mining industry experience, will lead the company through its next growth phase, including the advancement of the Black Pine project towards a mine construction decision targeted for late 2027.

Liberty Gold Corp. (LGDTF) announces plans to spin out its Goldstrike Project and Antimony Ridge discovery into a new company called Specialty American Metals Inc. The spin-out will be executed through a plan of arrangement, where Liberty Gold shareholders will receive shares in both companies at a ratio to be determined.

The transaction is expected to be completed in Q3 2025, with shareholders on record 45 days prior to the shareholder meeting being eligible to receive shares and warrants in Specialty American. Liberty Gold will retain a percentage of Specialty American shares in exchange for previous project investments.

The new management team includes Russell Starr as CEO, Peter Shabestari as President, and Joanna Bailey as CFO. Cal Everett and Greg Etter from Liberty Gold's board will join Specialty American's board. Post-arrangement, Liberty Gold will focus on the Black Pine Oxide Gold Project in Idaho, while Specialty American will concentrate on specialty metals in the United States.

Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) has released its financial and operating results for fiscal year 2024. Key highlights include:

The company completed the sale of its TV Tower project in Turkey, with the first payment of $3.7 million received in October 2024, and two remaining payments of $2.2 million and $2.6 million scheduled for 2025 and 2026 respectively.

At Black Pine project in Idaho, the company announced a preliminary feasibility study demonstrating commercial viability of an open pit operation. Recent drilling results showed significant mineralization, including notable intercepts of 1.44 g/t Au over 30.5m and 15.2m of 5.51 g/t Au.

For the Goldstrike project in Utah, Liberty Gold reported high-grade antimony mineralization up to 5.7% Sb and 3.94 g/t Au. The company plans to spin out Goldstrike and the Antimony Ridge discovery into a separate entity, with the transaction expected to complete in Q3 2025.

Liberty Gold Corp (TSX:LGD; OTCQX:LGDTF) has achieved two major milestones for its Black Pine Oxide Gold Project in Idaho. The company has submitted the draft Mine Plan of Operations (MPO) to various regulatory authorities and executed an interagency Memorandum of Understanding (MOU) to coordinate the mine permitting process.

The draft MPO, based on the recently published Preliminary Feasibility Study from October and November 2024, will initiate the federal permitting process under NEPA, including an Environmental Impact Statement (EIS). Stantec has been appointed as the independent third-party EIS contractor.

The MOU establishes a clear roadmap with timelines for the NEPA permitting process, aiming for a potential construction decision within 3 years. The project will also participate in Idaho Governor Brad Little's Executive Order 2025-02, the Strategic Permitting, Efficiency, and Economic Development (SPEED) Act.

Liberty Gold Corp. (LGDTF) has announced plans to spin out its Goldstrike Project and Antimony Ridge discovery into a separate entity ('NewCo'). The company has discovered a third high-grade antimony mineralization zone at Antimony Ridge, extending over 400 meters with values up to +3% Sb and 0.68 g/t gold.

The mineralized horizon now spans over 2 kilometers in outcrop, with soil geochemical anomalies covering a 5-kilometer zone. Initial metallurgical tests indicate antimony recovery rates between 51% and 76% using combined gravity and flotation circuits, with concentrate grades potentially ranging from 45% to 50% Sb.

The company has expanded its claim block at Antimony Ridge to ~10 km², which is 100% owned with no royalty burden. Three drill sites are already permitted around the historic Lejaiv Mine, with additional permit applications in progress. The spin-out aims to create separate entities focusing on the Black Pine Oxide Gold Project and the new strategic metals venture.

Liberty Gold has announced new assay results from its 2024 reverse circulation drilling program at the Black Pine Oxide Gold Project in Idaho. Key findings include high-grade intercepts of 0.96 g/t Au over 24.4 meters at Rangefront, 0.83 g/t Au over 21.3 meters at M Zone, and 0.62 g/t Au over 19.8 meters at the CD Pit.

The drilling program successfully expanded deposit footprints at multiple locations, with mineralization remaining open for extension. The company anticipates a significant increase in indicated ounces in the upcoming resource update, expected in the second half of 2025. A notable discovery includes near-surface high-grade oxide gold at Rangefront west, which remains open and could improve early production economics.

The program also revealed oxide gold mineralization in the typically barren lower plate shale unit at A pit, opening a new exploration target at Black Pine.

Liberty Gold Corp. (TSX: LGD) (OTCQX: LGDTF) has announced its participation in the upcoming Vancouver Resource Investment Conference, scheduled for January 19-20, 2025, at the Vancouver Convention Centre West. The company will be present at Booth 321.

The conference will feature over 120 expert speakers, including economists, money managers, and investors. With an expected attendance of more than 5,000 industry professionals, the event will offer networking opportunities and exhibits focusing on precious metals, energy, and critical minerals sectors.