Liberty Gold Corp

LGD

Liberty Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada, the United States and Turkey. The company primarily explores for gold, silver, lead, zinc, copper, and other precious and base metals. It principally holds 100% interests in the Goldstrike project, including 749 owned unpatented claims, 99 leased unpatented claims, 633 acres of leased patented claims, 160 acres of leased private land, and 926 acres of leased State covering an area of 7,194 hectares located in Washington County, southwest Utah; and the Black Pine project comprising 622 unpatented lode claims covering 4,845 hectares located in southeastern Idaho. The company also holds an option agreement to acquire a 100% interest in the Baxter Spring Gold project located in central Nevada. The company was formerly known as Pilot Gold Inc. and changed its name to Liberty Gold Corp. in May 2017. Liberty Gold Corp. was incorporated in 2010 and is based in Vancouver, Canada.

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Analysis

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Financials

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Information

Key Information

Legal Entity

Liberty Gold Corp

Sector

Precious Metal

Founded

February 13, 2012

Employees

Reporting Currency

CAD

Contact Phone

604-632-4677

Website

www.libertygold.ca

Headquarters Address

1055 West Hastings Street , Vancouver , BC V6E 2E9 , CA

Identifiers

ISIN

CA53056H1047

Commodity Portfolio

AU Gold Primary

Stock Exchanges

LGD TSX • CAD

LGD:TSE

0V46 LSE • GBP

0V46:LON

LGDTF OTC • USD

LGDTF:OTCMKTS

Organization

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Management team and industry partnerships.

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Videos

This Gold Mine Is Worth $2.4 Billion With Just 2 Ounces Per Truckload - Liberty Gold

The Deep Dive

6 days ago 12:59

Key Highlights

detailed

Liberty Gold's new Black Pine feasibility study claims a US$2.4 billion after-tax NPV, a ~61% IRR and a two-year payback from a low-grade 0.29 g/t deposit, but the host shows that at a constant gold price the value is within about 6% of the 2024 PFS's $552 million — the $1.8 billion headline jump comes from using $3,250 gold, not a better plan.
The study outlines a simple run-of-mine heap-leach operation (no crusher, mill or tailings dam) stacking 74,000 tons of ore a day, producing 202,000 ounces a year over the first five years and 2.8 million ounces in total, with reserves up 30% to 4 million ounces and initial capital up 26%.
Key open risks per the host: the permitted mine plan of operations is smaller than the study's stacking rate (the study case gets reviewed only after a record of decision expected January 2028), management calls the single-construction-season build aggressive, the 70% recovery assumption is still being confirmed in column tests, and years 7-10 fall to roughly 95,000-120,000 ounces at around $3,000/oz all-in costs.
Costs are rising: all-in sustaining costs land at $1,566 an ounce (up from $1,381 in the PFS) as grade slipped from 0.32 to 0.29 g/t, cash costs sit near $1,400, closure costs nearly tripled to $160 million without explanation, and about $411 million still needs to be raised against only $36 million in cash plus up to $60 million owed from the Gold Strike sale.
CEO John Gilligan favors selling a royalty on Black Pine's ~17-year, ~200,000-ounce-a-year production stream as an essentially non-dilutive funding route, arguing it could contribute a material share of the roughly $400 million build cost.

Very low-grade ore can still pay: Black Pine skips the mill entirely, heap-leaching 0.29 g/t rock straight onto a pad to keep costs low. The $2.4 billion headline NPV is mostly a higher gold price — at constant prices, the study's value sits within about 6% of 2024's. All-in sustaining cost (AISC — the full cost to produce an ounce) of $1,566 sits high among peers, so a falling gold price bites harder. Permitting and funding remain the gates: the permitted plan is smaller than the study's, and $411 million is still to raise, perhaps via royalty. A 70% recovery assumption from uncrushed rock still awaits large column test confirmation, though Pegasus Gold leached the same rock for seven years.

Beaver Creek 2026 - Best Stocks

Don Durrett

10 days ago 38:24

Key Highlights

brief

Named once, as the seller of a Utah project that Heliostar has bought and is advancing.

Gold at $4,100 anchors his buy-the-dip plan: add again below $4,000, and again below $3,700. His Beaver Creek list holds 37 stocks, all rated as tenbaggers (ten-times-plus targets), with seven winners out of ten as the goal. He grades risk-reward by letter and number; near-term producers screen best, while late-stage projects carry more risk. Discovery Silver and Osisko Gold Group lead his Canadian gold picks, and Silver X's 250 million ounce resource lifted the grade. Low insider ownership makes Andean Silver, Talisker and Avino the likeliest takeover targets on his list.

Doug Already Bought It - Noble Plains Uranium (TSXV: NOBL | OTC: NBLXF)

Experts Roundtable

3 months ago

Key Highlights

brief

Lobo Tiggre cites Liberty Gold in passing as proof value hides in cumbersome old data: a hard drive at the bottom of boxes from a past operator held the data behind what became its 5-million-ounce resource.

Noble Plains Uranium (TSXV: NOBL) buys historic Wyoming uranium ground and converts legacy drill data into compliant resources, skipping grassroots exploration risk. Flagship Duck Creek holds a maiden 6.36-million-pound uranium resource (83% indicated) beside Cameco's and Uranium Energy's Powder River Basin projects. In-situ recovery (ISR — leaching uranium with solution underground rather than mining it) underpins the plan; management wants 20-25 million pounds before a production decision. Ur Energy took a 6.2% stake and signed a processing LOI, so Shirley Central pounds could pipe into its brand-new adjacent ISR plant. The panel flags a 30-million warrant overhang, serial commodity pivots, and thin cash, yet most agree the nano-cap valuation already prices much of the risk.

Erik Wetterling – Navigating The Summer Doldrums In PM Stocks By Focusing On Companies w/ Catalysts

The KE Report

3 months ago

Key Highlights

brief

The guest includes Liberty Gold in the group of large-ounces developers that are down much less than the rest of the sector, though still well off their highs.

Junior sentiment has decayed to the point where good news releases barely lift share prices, per the guest's read of the tape. Buyers hold an information advantage now: they watch results unfold without paying up, while holders wait on flat-to-worse outcomes. Balance sheets decide survival: self-funded juniors keep building value, while retail-funded peers risk a dilution spiral. Advanced developers holding large defined resources have outperformed, partly because buyers see them as likely takeover targets. Developer valuations sit far below NPV (net present value) of their projects at spot gold, leaving room for takeover buyers.

Liberty Gold – Sale of Gage & Goldstrike – State & Federal FAST-41 Permitting Align For Black Pine

The KE Report

7 months ago

Liberty Gold completed sale of Gage and Goldstrike projects, streamlining focus on flagship Black Pine gold asset in Idaho. Black Pine project achieved major permitting milestone with both State and Federal FAST-41 process alignment, accelerating development timeline. Company strengthening balance sheet through asset sales while advancing Black Pine toward production with improved regulatory pathway.

Jon Gilligan of Liberty Gold Corp. talks to Joe Mazumdar | Metals Investor Forum | February 2026

Metals Investor Forum

7 months ago

Liberty Gold is advancing its flagship Black Pine Oxide Gold Project in Idaho through feasibility and permitting toward a modern open-pit heap leach operation. The company maintains a second growth catalyst via the Goldstrike Project in Utah, where management is actively evaluating opportunities to unlock additional shareholder value. As a vetted presenter at the Metals Investor Forum, Liberty Gold showcases a proven management team with a strong track record of discovery and development in the Great Basin.

Jon Gilligan of Liberty Gold Corp. presents at Metals Investor Forum in Toronto | February 2026

Metals Investor Forum

7 months ago

Jon Gilligan, CEO of Liberty Gold Corp., presents a corporate update at the Metals Investor Forum in Toronto. The forum highlights vetted junior mining companies with excellent management, strong financials, and promising properties. Investors gain exclusive access to directly question management teams to assess their potential and operational strategies.

Jon Gilligan of Liberty Gold Corp. presents at Metals Investor Forum in Vancouver | January 2026

Metals Investor Forum

9 months ago

Liberty Gold Corp. CEO Jon Gilligan presents corporate strategy and project updates at the Metals Investor Forum in Vancouver. The forum features vetted junior mining companies endorsed by newsletter writers for strong management and promising properties. Investors gain direct access to management teams, enabling critical assessment of leadership quality and company fundamentals.

Articles

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Black Pine's $2.4 Billion Feasibility Study: Bigger Mine, Same Value — and $411 Million Still to Raise

Liberty Gold's new Black Pine feasibility study outlines a US$2.4 billion after-tax NPV, 61% IRR and two-year payback from low-grade (0.29 g/t) ore processed as a simple heap-leach operation. The video argues the headline value jump came mostly from a higher gold price, and that permitting, an aggressive one-season build and roughly $411 million in unfunded capital remain the real gating items.

6 days ago

This Gold Mine Is Worth $2.4 Billion With Just 2 Ounces Per Truckload - Liberty Gold

Read article

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