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

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Liberty Star Minerals (OTCMarkets: LBSR) has released results from its 2024 channel sampling program at the Red Rock Canyon Gold Project (RRC) in southeast Arizona. The program revealed significant bonanza grades of 107.5 g/t and 60.0 g/t gold, extending known mineralization by an additional 100 feet. The company's GIS mapping has identified multiple gold-bearing structures within the project area.

Historical drilling in the area has shown evidence of flat-lying gold enrichment within the Colina and Earp formations, with past drill holes revealing gold grades ranging from 0.024 to 0.069 oz/t across various thicknesses. The current sampling program has discovered 6 additional lenses of jasperoids running at greater than 0.5 g/t Au over more than 2-foot widths.

Liberty Star Minerals (OTCMarkets: LBSR) ha rilasciato i risultati del programma di campionamento del 2024 presso il Red Rock Canyon Gold Project (RRC) nel sud-est dell'Arizona. Il programma ha rivelato significativi gradi bonanza di 107,5 g/t e 60,0 g/t di oro, estendendo la mineralizzazione nota di ulteriori 100 piedi. La mappatura GIS dell'azienda ha identificato diverse strutture aurifere all'interno dell'area del progetto.

Le perforazioni storiche nella zona hanno mostrato evidenze di arricchimento aurifero pianeggiante all'interno delle formazioni Colina e Earp, con i passati fori di perforazione che rivelano gradi d'oro che vanno da 0,024 a 0,069 oz/t su varie spessori. Il programma di campionamento attuale ha scoperto 6 ulteriori lenti di jasperoidi con contenuti superiori a 0,5 g/t Au su larghezze superiori a 2 piedi.

Liberty Star Minerals (OTCMarkets: LBSR) ha publicado los resultados de su programa de muestreo de canales 2024 en el Red Rock Canyon Gold Project (RRC) en el sureste de Arizona. El programa reveló grados de bonanza significativos de 107,5 g/t y 60,0 g/t de oro, extendiendo la mineralización conocida por 100 pies adicionales. La mapeo GIS de la compañía ha identificado múltiples estructuras que contienen oro dentro del área del proyecto.

Las perforaciones históricas en la zona han mostrado evidencia de enriquecimiento aurífero en cuestas dentro de las formaciones Colina y Earp, con los pasados agujeros de perforación revelando grados de oro que oscilan entre 0,024 y 0,069 oz/t a través de varios espesores. El programa de muestreo actual ha descubierto 6 lentes adicionales de jasperoides con contenido superior a 0,5 g/t Au en anchos de más de 2 pies.

Liberty Star Minerals (OTCMarkets: LBSR)는 남동부 애리조나의 Red Rock Canyon Gold Project (RRC)에서 2024 채널 샘플링 프로그램의 결과를 발표했습니다. 이 프로그램은 107.5 g/t 및 60.0 g/t의 상당한 보너스 등급을 밝혀내며 기존의 광물화가 100피트 추가로 확장되었습니다. 회사의 GIS 매핑은 프로젝트 지역 내에서 여러 금 함유 구조를 확인했습니다.

이 지역의 역사적 천공에서 Colina 및 Earp 지층 내에 평탄한 금 농축 증거가 발견되었으며, 과거의 천공들은 다양한 두께에 걸쳐 0.024에서 0.069 oz/t의 금 농도를 보여주었습니다. 현재 샘플링 프로그램은 2피트 이상의 넓이에서 0.5 g/t Au 이상의 내부 정보를 가진 6개의 추가 자스페로이드 렌즈를 발견했습니다.

Liberty Star Minerals (OTCMarkets: LBSR) a publié les résultats de son programme d'échantillonnage de canaux 2024 sur le Red Rock Canyon Gold Project (RRC) dans le sud-est de l'Arizona. Le programme a révélé des grades de bonanza significatifs de 107,5 g/t et 60,0 g/t d'or, prolongeant la minéralisation connue de 100 pieds supplémentaires. La cartographie GIS de l'entreprise a identifié plusieurs structures aurifères dans la zone du projet.

Les forages historiques dans la région ont montré des preuves d'enrichissement en or à plat dans les formations Colina et Earp, les forages passés révélant des grades d'or allant de 0,024 à 0,069 oz/t sur diverses épaisseurs. Le programme d'échantillonnage actuel a découvert 6 lentilles supplémentaires de jasperoïdes présentant des teneurs supérieures à 0,5 g/t Au sur plus de 2 pieds de large.

Liberty Star Minerals (OTCMarkets: LBSR) hat die Ergebnisse seines Kanalprobenahmeprogramms 2024 im Red Rock Canyon Gold Project (RRC) im Südosten von Arizona veröffentlicht. Das Programm hat signifikante Bonanzagrade von 107,5 g/t und 60,0 g/t Gold enthüllt und die bekannte Mineralisierung um weitere 100 Fuß erweitert. Die GIS-Kartierung des Unternehmens hat mehrere goldhaltige Strukturen innerhalb des Projektgebiets identifiziert.

Historische Bohrungen in der Gegend haben Hinweise auf flach liegende Goldanreicherung in den Formationen Colina und Earp gezeigt, wobei frühere Bohrlöcher Goldgehalte von 0,024 bis 0,069 oz/t über verschiedene Dicken hinweg enthüllten. Das aktuelle Probenahmeprogramm hat 6 zusätzliche Linsen von Jasperoiden entdeckt, die über 2 Fuß Breite mit mehr als 0,5 g/t Au verlaufen.

Positive
  • Discovery of bonanza grades: 107.5 g/t and 60.0 g/t gold
  • Extension of known mineralization by 100 feet
  • Identification of 6 new jasperoid lenses with >0.5 g/t Au over 2+ foot widths
  • Historical drilling confirms presence of gold enrichment zones
Negative
  • Historical data not compliant with SEC Regulation S-K 1300
  • Further drilling required to investigate flat-lying gold enrichment

TUCSON, AZ, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Liberty Star Minerals (Liberty Star or the Company) (OTCMarkets: LBSR) offers a summary of the 2024 channel sampling program conducted at its wholly owned Red Rock Canyon Gold Project (RRC) within its Hay Mountain Project in southeast Arizona. Both properties may possess commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico.

The most recent Bonanza grades of 107.5 g/t and 60.0 g/t recovered from sampling along the RRC high grade zone have extended known mineralization by another 100’, along with numerous other gold bearing structures.

GIS mapwork by the company shows the main high-grade zone, along with parallel and related gold bearing structures within the RRC Project area

Click images to enlarge

Historical work in the area regarded these structures as feeder zones to areas of sedimentary strata bound gold enrichment. The presence of flat lying gold enrichment cannot be investigated by channel sampling of the jasperoid structures and will require drilling.

While the current channel sampling program tests the top of the vertical mineralized structures, past drilling has proven the existence of flat lying zones of gold enrichment within the Colina and Earp formations on site. The table below shows results of vertical and sub-vertical holes from the late 1980’s and early 90’s.

DH#True Thickness in feet

oz/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

· This information is historical in nature and is not SEC Regulation S-K 1300 compliant. It is presented for informational purposes only.

Click images to enlarge

Current sampling has not only extended the length of the known high-grade zone but also discovered 6 other lenses of jasperoids running at greater than 0.5 g/t Au over more than 2’ widths. Chief Geologist Jim Bryce states, “The historical work done at RRC was predicated on the structures hosting the jasperoids as being the feeder structures to a larger gold deposit. I agree with that assessment as our program has proven, however, they didn’t conduct statistical sampling across the structures themselves. The historical reports show up to almost 6 g/t across 40 feet of bedding, and yes, tonnage is important, but we have multiple assays along the feeder structures in excess of one ounce per ton. At the end of the day, Grade is King. In our case, we are lucky to have both styles of targets and future drilling will focus on not only defining the high-grade zone, but also the bulk tonnage potential surrounding it.”

ON BEHALF OF THE BOARD OF DIRECTORS
Liberty Star Minerals

Visit lbsr.us for more about Liberty Star Minerals, the Red Rock Canyon Gold Project & the Hay Mountain Project, including images, maps, and technical reports

Forward Looking Statements Certain information contained in public release may contain “forward-looking statements,” as defined in the U.S. Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. All statements contained herein that are not historical facts are forward-looking statements that involve risks, uncertainties and other factors which are unforeseeable and beyond the Company’s or management’s control, that could cause actual results, developments and business decisions to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements may include but not be limited to the business strategies for the Company, assumptions of management, pending or future transactions, future estimated mineral resources or grades, investments, asset valuations, anticipated permits and approvals and other information that may be based on forecasts of future exploration, operational or financial results or estimates of matters not yet determinable. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance using words or phrases like the following may be forward-looking statements: : “estimate”, “intend”, “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” “may”, “might”, “could”, “would” or similar words or expressions. Important factors that could differ materially from the expectations of the Company and management include, among other things, risks related to unsuccessful exploration results, metals prices, fluctuations in currency prices, international markets, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as changes in the availability of funding for mineral exploration and development and general economic conditions. Additional information about these factors, risks and uncertainties on which forward-looking statements are based is discussed in the Company’s Annual Report on Form 10-K for the year ended January 31, 2024, as updated from time to time in Company filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this public release beyond the presentation date or published date, or for changes made to this document by wire services or Internet services. Risk factors for the company are set out in the 10-K and other periodic filings made with the SEC on EDGAR (ref. Liberty Star Uranium & Metals, Corp.).

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 property disclosure requirements for mining registrants and related guidance, under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. All registrants are required to comply with Regulation SK-1300 for fiscal years ending after January 1, 2021. Accordingly, the Company must comply with Regulation SK-1300 for its fiscal year ending January 31, 2022. Regulation SK-1300 uses the Committee for Mineral Reserves International Reporting Standards (“CRIRSCO”) based classification scheme for mineral resources and mineral reserves, that includes definitions for inferred, indicated, and measured mineral resources. Liberty Star is an “Exploration Stage Issuer” as defined in Subpart 1300. It currently has no exploration results, mineral resources, or mineral reserves to report, accordingly, no information, opinions or data included in the website or in any public releases includes any information or disclosures regarding exploration results, mineral resources or mineral reserves as defined in Regulation SK-1300. As a result, the Company is not required, at this time, to obtain or provide a Technical Report Summary as defined in Regulation SK-1300. U.S. Investors are cautioned not to rely upon or assume for any purpose that any part of the mineralized real property of the Company in these categories will ever be converted into inferred, indicated, and measured mineral resources or probable or proven mineral reserves within 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

FAQ

What are the latest gold grades discovered at LBSR's Red Rock Canyon Project in 2024?

The 2024 channel sampling program revealed bonanza grades of 107.5 g/t and 60.0 g/t gold at the Red Rock Canyon Project.

How much has LBSR extended its known mineralization at Red Rock Canyon in 2024?

Liberty Star has extended its known mineralization by an additional 100 feet through the recent channel sampling program.

How many new jasperoid lenses did LBSR discover at Red Rock Canyon?

LBSR discovered 6 new lenses of jasperoids with gold grades greater than 0.5 g/t Au over more than 2-foot widths.

What were the historical drilling results at LBSR's Red Rock Canyon Project?

Historical drilling revealed gold grades ranging from 0.024 to 0.069 oz/t across various thicknesses in the Colina and Earp formations.

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