News Summary

• Liberty Gold Corp. has completed the divestiture of the Gage Project to Blue Moon Metals Inc. for total consideration of approximately US$2 million.
• All shares of Blue Moon received as consideration are subject to a hold period under applicable Canadian securities laws, which will expire four months plus one day from closing of the Transaction.
• Liberty Gold is a U.S.-focused gold company advancing Black Pine, its 100% owned oxide gold project in Idaho.
• Black Pine is a large-scale, past-producing, run-of-mine heap leachable gold deposit progressing through feasibility and permitting toward a modern open-pit mining operation.