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Black Pine Discovery History Part 2

• 1998 – 2009: Claims lapse

• 2009 – 2010: Western Pacific stakes open ground; recovers data for 1/3 of
the drill holes up to sale of property to Pegasus

• 2011 – 2012: Western drills 35 holes, primarily within and around old pits;

encounters market headwinds

• 2011: Liberty Rep visits Black Pine, recognizes shallow-dipping fault fabric

and similar stratigraphy extending between all of the pits; surmises that
gold could as well

• 2016: Black Pine sold to Liberty Gold for US$800,000 in cash, 300,000

shares and a 0.5% NSR

• 2016: Liberty recovers virtually all of the historic exploration and mining

data; embarks on 18 month compilation, 3D modeling and permitting
exercise

• 2019 to 2020: Liberty Gold reinterprets geology and drills deeper targets,

defining high grade, oxide gold mineralization in stacked, low-angle fault
panels

• 2021: Resource Estimate

18 TSX:LGD | OTCQX:LGDTF