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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT TO
SECTION
13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): July 9, 2024
Liberty
Star Uranium & Metals Corp.
(Exact
Name of Registrant as Specified in its Charter)
Nevada
(State
or Other Jurisdiction of Incorporation)
000-50071 |
|
90-0175540 |
(Commission |
|
(IRS
Employer |
File
Number) |
|
Identification
No.) |
2
East Congress St. Ste 900, Tucson, AZ |
|
85701 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
(Registrant’s
telephone number, including area code): (520) 425-1433
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2.)
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common |
|
LBSR |
|
OTCQB |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01 Other Events
On
July 09, 2024, Liberty Star Minerals listed on the OTCQB Markets: LBSR, (Company) updated initial channel sampling assay results to date
from its wholly owned Red Rock Canyon Gold Project (RRC) within its Hay Mountain Project in southeast Arizona. The RRC 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 presence of bonanza grade gold on this first outing is consistent with findings from previous investigations of
the area (2020 / 2021 geochemical sampling). Overall, these findings reinforce the Company’s expectation that the RRC may possess
significant quantities of near surface high grade gold.
Results
are from channel samples across 23 jasperoid lenses, comprising 116 samples total, including QA/QC samples submitted to the ALS Labs
facility in Tucson, Arizona. Channel sampling continues in the area with additional samples expected to go the ALS lab in about two weeks.
Recent
field work has identified numerous sub crops of jasperoid represented on the surface by elongated zones of iron oxide-stained jasper
and jasper breccia float. Additional specific samples will be collected and analyzed to facilitate planning for a future, mechanized
phase of the project.
Chief
Geologist Jim Bryce comments, “This is exciting news, with over 30% of the lenses sampled so far reporting more than 1.5 g/t Au
over their full widths, and those that don’t are still mineralized. The scattered high to bonanza grades encountered are correlating
well with historical chip sampling on some of the lenses ranging from 14.9 g/t to 85.8 g/t. Our next steps will be to continue with the
channel sampling and begin to get this information into a 3D modelling software to better understand the RRC mineralization and plan
for future work on the site. The information gained by this survey will be instrumental in helping us to expand the known mineralization
at RRC through drilling. The grades we have seen to date indicate the presence of a broad, epithermal gold system within the RRC boundaries.
This system is almost certainly related to the suspected copper/gold porphyry system nearby in the Hay Mountain property.”
A
summary table of results greater than 1.5 g/t is provided below:
Lense
|
|
Sample
# |
|
From
‘ |
|
To
‘ |
|
Assay |
2 |
|
475696 |
|
8 |
|
10 |
|
1.74 |
3 |
|
475704 |
|
8 |
|
10 |
|
3.62 |
4 |
|
475708 |
|
4 |
|
6 |
|
4.42 |
6 |
|
475718 |
|
2 |
|
4 |
|
2.28 |
7 |
|
475727 |
|
2.66 |
|
4 |
|
38.3 |
8 |
|
475733 |
|
2 |
|
3 |
|
85.8 |
11 |
|
475747 |
|
2 |
|
3 |
|
2.03 |
12 |
|
475752 |
|
3.33 |
|
5.08 |
|
14.9 |
14 |
|
475755 |
|
2 |
|
4 |
|
1.505 |
15 |
|
475762 |
|
2.33 |
|
3.5 |
|
16.2 |
18 |
|
475775 |
|
2 |
|
3 |
|
3.24 |
20 |
|
475782 |
|
1 |
|
2 |
|
1.775 |
|
|
475784 |
|
3 |
|
4 |
|
2.37 |
21 |
|
475786 |
|
2 |
|
4 |
|
1.73 |
|
|
475792 |
|
3 |
|
4 |
|
3.02 |
Liberty
Star Minerals follows industry standards with regards to sample collection, chain of custody and Quality Assurance – Quality Control.
QA/QC samples consist of blanks, standards and sample duplicates. These are inserted into the sample stream every 10th sample.
All samples are delivered directly to the ALS preparation laboratory in Tucson AZ, which ships the final prepared pulps to the main ALS
analytical laboratory in Vancouver Canada.
ON
BEHALF OF THE BOARD OF DIRECTORS
Liberty
Star Minerals
Item
9.01. Financial Statements and Exhibits.
The
exhibits listed in the following Exhibit Index are furnished as part of this Current Report on Form 8-K.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
LIBERTY
STAR URANIUM & METALS CORP. |
|
|
Dated:
July 9, 2024 |
/s/
Patricia Madaris |
|
Patricia
Madaris, VP Finance & CFO |
Exhibit
3.50
![A logo with a star
Description automatically generated](https://www.sec.gov/Archives/edgar/data/1172178/000149315224026668/ex3-50_001.jpg)
Liberty
Star Finds Bonanza Grade Gold Samples up to 85.8 g/t over 1’ at the Red Rock Canyon Gold Exploration Property, SE Arizona
TUCSON,
AZ–(July 09, 2024)–Liberty Star Minerals (“Liberty Star” or the “Company”) (OTCMarkets:
LBSR) updates initial channel sampling assay results to date from its wholly owned Red Rock
Canyon Gold Project (RRC) within its Hay Mountain Project in southeast Arizona. The RRC 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 presence of bonanza grade gold on this first outing is consistent with findings from previous investigations of the area (2020 /
2021 geochemical sampling). Overall, these findings reinforce the Company’s expectation that the RRC may possess significant quantities
of near surface high grade gold.
These
current results are from channel samples across 23 jasperoid lenses, comprising 116 samples total, including QA/QC samples submitted
to the ALS Labs facility in Tucson, Arizona. Channel sampling continues in the area with additional samples expected to go the ALS lab
in about two weeks.
Recent
field work has identified numerous subcrops of jasperoid represented on the surface by elongated zones of iron oxide-stained jasper and
jasper breccia float. Grab samples will be collected and analyzed to facilitate planning for a future, mechanized phase of the project.
Chief
Geologist Jim Bryce comments, “This is exciting news, with over 30% of the lenses sampled so far reporting more than 1.5 g/t Au
over their full widths, and those that don’t are still mineralized. The scattered high to bonanza grades encountered are
correlating well with historical chip sampling on some of the lenses ranging from 14.9 g/t to 85.8 g/t. Our next steps will be to continue
with the channel sampling and begin to get this information into a 3D modelling software to better understand the RRC mineralization
and plan for future work on the site. The information gained by this survey will be instrumental in helping us to expand the known mineralization
at RRC through drilling. The grades we have seen to date indicate the presence of a broad, epithermal gold system within the RRC boundaries.
This system is almost certainly related to the suspected copper/gold porphyry system nearby in the Hay Mountain property.”
A
summary table of results greater than 1.5 g/t is provided below:
Lense
|
|
Sample
# |
|
From
‘ |
|
To
‘ |
|
Assay |
2 |
|
475696 |
|
8 |
|
10 |
|
1.74 |
3 |
|
475704 |
|
8 |
|
10 |
|
3.62 |
4 |
|
475708 |
|
4 |
|
6 |
|
4.42 |
6 |
|
475718 |
|
2 |
|
4 |
|
2.28 |
7 |
|
475727 |
|
2.66 |
|
4 |
|
38.3 |
8 |
|
475733 |
|
2 |
|
3 |
|
85.8 |
11 |
|
475747 |
|
2 |
|
3 |
|
2.03 |
12 |
|
475752 |
|
3.33 |
|
5.08 |
|
14.9 |
14 |
|
475755 |
|
2 |
|
4 |
|
1.505 |
15 |
|
475762 |
|
2.33 |
|
3.5 |
|
16.2 |
18 |
|
475775 |
|
2 |
|
3 |
|
3.24 |
20 |
|
475782 |
|
1 |
|
2 |
|
1.775 |
|
|
475784 |
|
3 |
|
4 |
|
2.37 |
21 |
|
475786 |
|
2 |
|
4 |
|
1.73 |
|
|
475792 |
|
3 |
|
4 |
|
3.02 |
Liberty
Star Minerals follows industry standards with regards to sample collection, chain of custody and Quality Assurance – Quality Control.
QA/QC samples consist of blanks, standards and sample duplicates. These are inserted into the sample stream every 10th sample.
All samples are delivered directly to the ALS preparation laboratory in Tucson AZ, which ships the final prepared pulps to the main ALS
analytical laboratory in Vancouver Canada.
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
About
Liberty Star Liberty Star Uranium & Metals Corp. (LBSR: OTCQB), d/b/a Liberty Star Minerals, is an Arizona-based mineral exploration
company engaged in the acquisition, exploration, and development of mineral properties in Arizona and the southwest USA. Currently the
company controls properties which are located over what management considers some of North America’s richest mineralized regions
for copper, gold, silver, molybdenum (moly), and associated metals in Cochise County (southeast) Arizona, USA. Contiguous with the primary
Hay Mountain porphyry exploration target, and part of the overall Hay Mountain property, is an increasingly attractive area of exploration
stage gold mineralization denominated Red Rock Canyon. Red Rock Canyon exhibits what we believe are extensive, promising hydrothermal
associated gold-bearing structures that are documented in historical public and Company records. The Hay Mountain property (exploration
stage) for porphyry copper, gold, moly and other commercially important minerals. Specific targets have been selected to explore for
near surface and deep-seated ore bodies, of which there are numerous analogs nearby.
Follow
Liberty Star Minerals on Facebook , LinkedIn & [X]Twitter@LibertyStarLBSR
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.
Jul
09, 2024 |
Contact: |
Liberty
Star Minerals | |
Liberty
Star Minerals |
Liberty
Star Uranium & Metals Corp. |
Tracy
Myers, Investor Relations |
LBSR:
OTCQB |
520-425-1433
– info@lbsr.us |
http://www.lbsr.us |
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