Liberty Star expands Arizona footprint with new claims, now largest non-major holding
US explorer Liberty Star Minerals (OTCQB: LBSR) announced Monday that it has staked an additional 13 mineral exploration permits (MEPs) mining claims covering approximately 11 square miles, increasing its total mineralized footprint in Arizona to approximately 45 square miles.
This ranks Liberty Star’s Hay Mountain Holdings, LLC as the largest mineral footprint in Arizona, not controlled by a large mining company, it said.
The newly staked MEP claims complete Liberty Star’s planned district-scale consolidation within the Tombstone Mining District, locking up the full suite of targets identified through its geologic mapping, rock sampling, and induced polarization (IP) survey program.
The consolidated position now encompasses Earp Ridge Mines, LLC — multi-mineral claims hosting critical minerals, copper, and molybdenum (historically Hay Mountain Targets 1 & 2) and Red Rock Mines, LLC the company said, adding that every target the data pointed to is now protected.
“Our dedicated team followed the geology wherever it led, and then we moved to protect it,” Liberty Star chairman Pete O’Heeron, chairman said in a news release.
“Forty-five square miles of multi-mineral opportunities across gold, copper, molybdenum, and critical minerals, so important to U.S. economic and national security,” O’Heeron said. “This positions us to attract a serious mining partner and execute our strategic plan.”
Southeast Arizona’s porphyry copper belt is among the most prolific mineral-producing regions in the world, consistently generating large-scale copper-gold-molybdenum discoveries, the company said.
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