Liberty Star Announces Summary on Channel Sampling and Bonanza Grades at the Red Rock Canyon Gold Project, SE Arizona

2 weeks ago 12

Author of the article:

GlobeNewswire

Published Jan 22, 2025  •  5 infinitesimal read

TUCSON, AZ, Jan. 22, 2025 (GLOBE NEWSWIRE) — Liberty Star Minerals (“Liberty Star” or the “Company”) (OTCMarkets: LBSR) offers a summary of the 2024 transmission sampling programme conducted astatine its wholly owned Red Rock Canyon Gold Project (RRC) wrong its Hay Mountain Project successful southeast Arizona. Both properties whitethorn person commercially important metals associated with porphyry copper-gold-moly geologic structures, good represented successful the country from cardinal Arizona to bluish Mexico.

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The astir caller Bonanza grades of 107.5 g/t and 60.0 g/t recovered from sampling on the RRC precocious people portion person extended known mineralization by different 100’, on with galore different golden bearing structures.

GIS mapwork by the institution shows the main high-grade zone, on with parallel and related golden bearing structures wrong the RRC Project area

Click images to enlarge

Historical enactment successful the country regarded these structures arsenic feeder zones to areas of sedimentary strata bound golden enrichment. The beingness of level lying golden enrichment cannot beryllium investigated by transmission sampling of the jasperoid structures and volition necessitate drilling.

While the existent transmission sampling programme tests the apical of the vertical mineralized structures, past drilling has proven the beingness of level lying zones of golden enrichment wrong the Colina and Earp formations connected site. The array beneath shows results of vertical and sub-vertical holes from the precocious 1980’s and aboriginal 90’s.

DH#True Thickness successful feetoz/tg/t
   
DH 28-4100.0692.1
and100.0411.3
DH28-3200.0471.5
DH89-150.0983.0
DH89-250.0852.6
DH90-240.80.1825.7
DH90-39.10.0772.4
DH90-418.20.0311.0
DH90-59.10.0411.3
DH90-69.10.0240.7

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· This accusation is humanities successful quality and is not SEC Regulation S-K 1300
compliant. It is presented for informational purposes only.

Click images to enlarge

Current sampling has not lone extended the magnitude of the known high-grade portion but besides discovered 6 different lenses of jasperoids moving astatine greater than 0.5 g/t Au implicit much than 2’ widths. Chief Geologist Jim Bryce states, “The humanities enactment done astatine RRC was predicated connected the structures hosting the jasperoids arsenic being the feeder structures to a larger golden deposit. I hold with that appraisal arsenic our programme has proven, however, they didn’t behaviour statistical sampling crossed the structures themselves. The humanities reports amusement up to astir 6 g/t crossed 40 feet of bedding, and yes, tonnage is important, but we person aggregate assays on the feeder structures successful excess of 1 ounce per ton. At the extremity of the day, Grade is King. In our case, we are fortunate to person some styles of targets and aboriginal drilling volition absorption connected not lone defining the high-grade zone, but besides the bulk tonnage imaginable surrounding it.”

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ON BEHALF OF THE BOARD OF DIRECTORS
Liberty Star Minerals

Visit lbsr.us for much astir Liberty Star Minerals, the Red Rock Canyon Gold Project & the Hay Mountain Project, including images, maps, and method reports

Forward Looking Statements Certain accusation contained successful nationalist merchandise whitethorn incorporate “forward-looking statements,” arsenic defined successful the U.S. Private Securities Litigation Reform Act of 1995, and wrong the meaning of Section 27A of the Securities Act of 1933, arsenic amended, and Section 21E of the Securities Act of 1934, arsenic amended. All statements contained herein that are not humanities facts are forward-looking statements that impact risks, uncertainties and different factors which are unforeseeable and beyond the Company’s oregon management’s control, that could origin existent results, developments and concern decisions to disagree materially from those expressed oregon implied by specified forward-looking statements. Such forward-looking statements whitethorn see but not beryllium constricted to the concern strategies for the Company, assumptions of management, pending oregon aboriginal transactions, aboriginal estimated mineral resources oregon grades, investments, plus valuations, anticipated permits and approvals and different accusation that whitethorn beryllium based connected forecasts of aboriginal exploration, operational oregon fiscal results oregon estimates of matters not yet determinable. Any statements that explicit oregon impact discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions oregon aboriginal events oregon show utilizing words oregon phrases similar the pursuing whitethorn beryllium forward-looking statements: : “estimate”, “intend”, “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” “may”, “might”, “could”, “would” oregon akin words oregon expressions. Important factors that could disagree materially from the expectations of the Company and absorption include, among different things, risks related to unsuccessful exploration results, metals prices, fluctuations successful currency prices, planetary markets, conclusions of economical evaluations and changes successful task parameters arsenic plans proceed to beryllium refined arsenic good arsenic changes successful the availability of backing for mineral exploration and improvement and wide economical conditions. Additional accusation astir these factors, risks and uncertainties connected which forward-looking statements are based is discussed successful the Company’s Annual Report connected Form 10-K for the twelvemonth ended January 31, 2024, arsenic updated from clip to clip successful Company filings with the Securities and Exchange Commission. The Company is not liable for updating the accusation contained successful this nationalist merchandise beyond the presumption day oregon published date, oregon for changes made to this papers by ligament services oregon Internet services. Risk factors for the institution are acceptable retired successful the 10-K and different periodic filings made with the SEC connected EDGAR (ref. Liberty Star Uranium & Metals, Corp.).

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Regulation S-K 1300 Matters On October 31, 2018, the U.S. Securities and Exchange Commission adopted Subpart 1300 of Regulation S-K (“Regulation SK-1300”) to modernize the spot disclosure requirements for mining registrants and related guidance, nether the Securities Act of 1933, arsenic amended, and the Securities Exchange Act of 1934, arsenic amended. All registrants are required to comply with Regulation SK-1300 for fiscal years ending aft January 1, 2021. Accordingly, the Company indispensable comply with Regulation SK-1300 for its fiscal twelvemonth ending January 31, 2022. Regulation SK-1300 uses the Committee for Mineral Reserves International Reporting Standards (“CRIRSCO”) based classification strategy for mineral resources and mineral reserves, that includes definitions for inferred, indicated, and measured mineral resources. Liberty Star is an “Exploration Stage Issuer” arsenic defined successful Subpart 1300. It presently has nary exploration results, mineral resources, oregon mineral reserves to report, accordingly, nary information, opinions oregon information included successful the website oregon successful immoderate nationalist releases includes immoderate accusation oregon disclosures regarding exploration results, mineral resources oregon mineral reserves arsenic defined successful Regulation SK-1300. As a result, the Company is not required, astatine this time, to get oregon supply a Technical Report Summary arsenic defined successful Regulation SK-1300. U.S. Investors are cautioned not to trust upon oregon presume for immoderate intent that immoderate portion of the mineralized existent spot of the Company successful these categories volition ever beryllium converted into inferred, indicated, and measured mineral resources oregon probable oregon proven mineral reserves wrong the meaning of Regulation S-K 1300.

UNLESS OTHERWISE EXPRESSLY STATED ON THE FACE OF ANY SUCH INFORMATION, NOTHING CONTAINED IN THIS PUBLIC RELEASE IS, NOR DOES IT PURPORT TO BE, A TECHNICAL REPORT SUMMARY PREPARED BY A QUALIFIED PERSON PURSUANT TO AND IN ACCORDANCE WITH THE REQUIREMENTS OF SUBPART 1300 OF SECURITIES EXCHANGE COMMISSION REGULATION S-K.

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Jan 22, 2024
Liberty Star Minerals |
Liberty Star Uranium & Metals Corp.
LBSR: OTCQB
http://www.lbsr.us
Contact:
Liberty Star Minerals
Tracy Myers, Investor Relations
520-425-1433 – info@lbsr.us

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