TUCSON, AZ, Feb. 05, 2024 (GLOBE NEWSWIRE) — Liberty Star Minerals (“Liberty Star” or the “Company”) (OTCMarkets: LBSR) is pleased to announce an update for its wholly owned Hay Mountain Property (“HMP”) drilling program in southeast Arizona. The Hay Mountain Property may possess commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico.At a depth of just over 2000 feet, the company encountered a marble front along with a zone of intense propylitic alteration. Both of these phenomena are related to the presence of a large, hydrous intrusive body at depth below. In a phone call from site to the Chairman of the Board, our consulting geologist, Jim Bryce explained that this was, “…some of the most, if not THE most intense alteration I’ve seen in 33 years of doing this.”Photo above is showing intense Actinolite, Chlorite, Hematite and Sericite alteration of the sediments. The lower six inches of the second column from the left is a thin bed of marble in the assembly. Much thicker marble units were encountered up hole.In addition to the marble and the hydrothermal alteration, zones of disseminated pyrite and chalcopyrite as well as smaller, discrete zones of carbonate replacement to several inches in thickness, primarily of pyrite with some chalcopyrite indicates that we are possibly in the halo above a CRD type system.“Porphyry ore deposits represent remarkable accumulations of metals—in particular Cu, Mo, and Au—typically precipitated from hydrothermal fluids in an intrusive host and its …
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