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Liberty Gold: Pete Shabestari on the Geological Evolution of Black Pine

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Liberty Gold Corp. (TSX: LGD | OTCQX: LGDTF) has published a new video featuring Pete Shabestari, Vice President of Exploration, reflecting on the geological journey behind the Black Pine Oxide Gold Project — from the project’s acquisition in 2016 through to its current advanced-stage development status.

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Published June 3, 2026 by Liberty Gold Corp.

A Decade of Geological Work at Black Pine

Shabestari, who has been with Liberty Gold and its predecessor companies for many years, offers a rare long-term perspective on how the team’s technical understanding of Black Pine has matured. The conversation covers the full arc of the project’s geological development — the early exploration drilling that established the initial deposit outline, the iterative modelling work that refined the resource, and the field programs that built confidence in the deposit’s scale and consistency.

Black Pine is now recognized as one of the largest advanced-stage oxide gold projects in the United States. The oxide nature of the deposit is significant from a processing standpoint, as oxide gold ore is typically amenable to heap leach extraction — a well-understood, lower-capital processing method widely used in Nevada-style gold operations.

Key Themes from the Video

  • Long-term institutional knowledge: Shabestari’s tenure spanning Liberty Gold and its predecessor companies gives him a firsthand view of how geological understanding at Black Pine has compounded over time — something difficult to replicate with a newer technical team.
  • Drilling, modelling, and field work: The video walks through how years of systematic exploration programs — including drilling campaigns and geological modelling — have progressively de-risked the project and supported its advancement toward development.
  • People behind the project: The discussion provides a behind-the-scenes look at the technical expertise and team continuity that have contributed to Black Pine’s progression, an often-overlooked dimension of project development risk.

Context for Investors

This video comes at a meaningful moment for the project. Black Pine is currently advancing under the FAST-41 federal permitting framework, with publicly disclosed timelines and broad support from both federal and Idaho state government officials. The geological confidence that Shabestari describes in this video underpins the technical foundation on which the permitting and development case rests.

For investors evaluating Liberty Gold, this kind of direct technical communication from the exploration leadership — rooted in nearly a decade of hands-on work at the project — provides useful context for understanding how the deposit has been built and where confidence in the resource comes from.

Liberty Gold trades on the TSX under the symbol LGD and on the OTCQX under LGDTF. More information is available at libertygold.ca.

Source: Liberty Gold Corp. YouTube channel, June 3, 2026. This article is for informational purposes only and does not constitute investment advice.

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