Liberty Gold Announces the Appointment of Lauren Roberts to the Board of Directors and Reports Q2 2025 Financial and Operating Results

Core Viewpoint - Liberty Gold Corp. has appointed Lauren Roberts to its Board of Directors, effective September 1, 2025, to enhance governance and strategic oversight as the company advances its Black Pine project [1][2][3]. Company Developments - Lauren Roberts brings over 35 years of international mining experience, having held leadership roles at Hecla Mining Company and Kinross Gold Corporation, where he oversaw significant operational improvements and managed large teams [2]. - The company has recently appointed several experienced professionals to its technical and project development team, including Tyler Cole as Vice President of Project Development and Richard Zaggle as Senior Director of Mining and Metallurgy, to support the Black Pine feasibility study [5]. - Jon Gilligan was appointed as President and CEO on June 12, 2025, following the retirement of Cal Everett [5]. Financial Performance - For Q2 2025, the company reported a loss from continuing operations of $4.284 million, compared to $3.469 million in Q2 2024, indicating an increase in losses year-over-year [8]. - The total assets of the company as of June 30, 2025, were $35.149 million, up from $24.436 million at the end of 2024, reflecting growth in the company's financial position [9]. Project Updates - The Black Pine project is advancing with a 40,000-meter drill program initiated in May 2025 to support feasibility-level engineering studies planned for Q4 2025 [6]. - The company is also in the process of spinning out its Goldstrike project into a separate entity named Specialty American Metals Inc [6]. Strategic Focus - Liberty Gold is focused on developing open-pit oxide deposits in the Great Basin, a region known for its prolific gold production, with the Black Pine project being a key asset for future growth [10][11].