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Gold & silver

Liberty Star Minerals recaps 2024 channel sampling program at Red Rock Canyon gold project

Liberty Star Minerals (OTC:LBSR) has released a summary of its 2024 channel sampling program conducted at its wholly owned Red Rock Canyon (RRC) gold project, part of the Hay Mountain Project in southeastern Arizona.

Recent sampling along the high-grade zone at the RRC has yielded bonanza gold grades of 107.5 grams per ton (g/t) and 60 g/t, which has extended known mineralization by an additional 100 feet, Liberty Star Minerals highlighted.

The program has also uncovered numerous other gold-bearing structures in the area.

GIS mapwork has identified the main high-grade zone, along with parallel and related gold-bearing structures within the RRC project area.

Historical exploration in the region suggested that these structures serve as feeder zones to areas with sedimentary strata-bound gold enrichment. However, the company noted that these flat-lying gold enrichment areas are not suitable for investigation through channel sampling of the jasperoid structures and will require drilling to better understand their potential.

The channel sampling program focused on testing the upper portion of vertical mineralized structures, while previous drilling has confirmed the presence of flat-lying gold enrichment zones within the Colina and Earp formations on site.

“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,” chief geologist Jim Bryce said in a statement.

“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,”

He highlighted that “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,” Bryce said.

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