Mr. Jon Gilligan reports

LIBERTY GOLD STRENGTHENS BLACK PINE DEVELOPMENT TEAM WITH THE APPOINTMENT OF CURTIS CADWELL AS GENERAL MANAGER

Liberty Gold Corp. has appointed Curtis Cadwell as general manager for its run-of-mine (ROM), heap leach Black Pine oxide gold project in southeastern Idaho, effective Oct. 12, 2026. The appointment further strengthens Liberty Gold's mine operating capability as the company advances detailed engineering and permitting at Black Pine, and fills a key role in the operating team required for successful design, construction and future production.

Mr. Cadwell brings three decades of mining industry experience, spanning mine operations, project ramp-up, life-of-mine planning, capital allocation, cost control and senior finance management, with extensive experience across major gold operations in the United States. Mr. Cadwell spent more than 20 years with Barrick Gold Corp. in progressively senior operating and financial roles. As general manager, operations, for Barrick Nevada, he was responsible for the Goldstrike and Cortez operations, encompassing open-pit and underground mining, processing, resource development, technical services, supply chain functions, and a work force of approximately 2,500.

Most recently, Mr. Cadwell served as finance manager, Nevada, for Kinross Gold Corp., supporting the Round Mountain and Bald Mountain open pit, ROM leach gold operations with responsibility for budgeting, life-of-mine planning, continuous improvement, purchasing, warehousing and cost optimization. Previously, he served as operations and finance manager at McEwen Mining Inc.'s Gold Bar operation and as mine manager and director of operations at OceanaGold Corp.'s Haile gold mine, where he was responsible for the transition of the operation from start-up into an operating site. Mr. Cadwell holds a BBA in accounting and finance from the University of New Mexico and is a certified public accountant.

"Curtis brings an exceptional combination of large-scale U.S. gold operating experience and financial discipline into the growing Liberty Gold team," said Jon Gilligan, president and chief executive officer of Liberty Gold.

"He has managed complex mining operations, mine ramp-ups and life-of-mine planning, and he understands the importance of delivering mine production safely with rigorous cost and capital control. As detailed engineering and permitting advance at Black Pine, Curtis is a key addition to the team we are building to take us through disciplined project development and fully prepared to execute a build safely and efficiently, subject to a construction decision and the necessary federal and state permits."

Commenting on joining Liberty Gold, Mr. Cadwell stated: "I am very excited to become part the Liberty Gold team at Black Pine. It is an exceptional U.S. gold project and the opportunity to take a key role in building a new mine in a strong mining district is incredibly appealing. Black Pine's scale, anticipated mine life and production potential create an opportunity to establish an operation that can provide lasting value to surrounding communities and contribute meaningfully to Idaho's development."

About Liberty Gold Corp.

Liberty Gold is a U.S.-focused gold company advancing Black Pine, its 100-per-cent-owned oxide gold project in Idaho, located within the Great Basin, one of the world's most productive and mining-friendly gold regions. Black Pine is a large-scale, past-producing, run-of-mine heap leachable gold deposit advancing through permitting toward a potential construction decision. The company's strategy is centred on advancing high-quality, long-life gold assets, with a clear focus on technical simplicity, strong environmental performance, project executability, collaborative permitting processes and value creation. This reflects Liberty Gold's commitment to the discipline of delivery. The company is led by an experienced team with a record of discovery, development and delivering sustained long-term value.

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