One key focus for project activities at Black Pine in 2024 is on permitting and pre-feasibility study work including: Geotechnical Engineering, Metallurgy, Mine Planning, Heap Leach Pad trade off studies, design and costing of all related site infrastructure.

Further to the submission of the Pre-Plan of (Mine) Operations in the third quarter 2023, there is on-going detailed engagement with the federal and state agencies responsible for the mine permitting process.  It is anticipated that the Mine Plan of Operations for Black Pine would be submitted to the lead agency, US Forest Service in the final quarter of 2024 to formally kick-off the National Environmental Policy Act (“NEPA”) mine permitting process. 

Much of the gold system at Black Pine remains under-explored or incompletely tested, including areas along the southeastern, eastern and northeastern edge of the property, as well as the gap between the Discovery Zone, Back Range Zone and E Zone. These areas have been included in a modification to the exploration plan of operations,  received in June and a budgeted 20,000 metre exploration drilling commences in the second half of 2024.

Peter Shabestari P.Geo., VP Exploration, Liberty Gold, is the Company's designated Qualified Person within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and has reviewed and validated that the information contained herein is accurate.