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INDUSTRY BULLETIN – Power Nickel Believes Company Is One of The World’s Best Nickel Investment Opportunities

Posted by Paul Nanuwa at 12:47 PM on Wednesday, April 24th, 2024

As the world shifts towards a more sustainable future, electric vehicles (EVs) have become a key player in reducing carbon emissions and fossil fuel dependency. Central to this transition is the nickel used in lithium-ion batteries, the power source for EVs. In this context, Power Nickel Inc., a Canadian junior exploration company, has positioned itself as a leader in the exploration and development of high-grade nickel projects. With the company’s recent acquisition of an additional 30% stake in the Nisk Project, Power Nickel has solidified its role in the rapidly growing EV battery manufacturing industry.

Industry Outlook and Power Nickel’s Trajectory

The demand for nickel in EV battery manufacturing is on a steep upward trajectory. According to industry projections, the global demand for nickel is expected to increase six-fold by 2030, driven by the rapid growth of electric vehicle production worldwide. This surge in demand underscores the critical role that nickel plays in the journey towards a greener future.

Power Nickel’s focus on developing high-grade nickel-copper platinum group elements (PGE) mineralization is perfectly aligned with this industry trend. The company’s flagship project, the Nisk Project, encompasses 20 kilometers of strike length with numerous high-grade intercepts, positioning Power Nickel to meet the industry’s growing demand for nickel.

Voices of Authority

Industry leaders and experts are emphasizing the importance of nickel in the transition to electric vehicles and a sustainable future. Terry Lynch, CEO of Power Nickel, commented on the recent acquisition, stating, “We look forward to ramping up our efforts throughout 2024 and 2025 as we seek to bring these targets to a production decision.” This sentiment reflects the optimism within the industry and Power Nickel’s commitment to contributing to a carbon-neutral future.

Kenneth Williamson, Power Nickel’s VP of Exploration, added that the company’s drilling program has yielded significant results, providing a strong foundation for future exploration. “With 15 successful holes at the Lion Discovery zone and additional assays on the way, we’re excited about the potential of the Nisk Project,” he noted.

Power Nickel’s FLASH Highlights

The latest resource estimate for Power Nickel’s Nisk Project presents a promising outlook with significant indications of nickel and associated minerals. The assessment reveals a considerable amount of both indicated and inferred resources, indicating the high potential of the project’s nickel sulfide deposits.

Here are the key details from the resource estimate:

  • Indicated Resources:
    • The Nisk Project has over 5.4 million tonnes of indicated resources, grading an average of 1.05% Nickel Equivalent (NiEq). This category reflects mineralized material with a higher level of geological confidence, derived from drilling results and other studies.
  • Inferred Resources:
    • In addition to the indicated resources, there are 1.8 million tonnes of inferred resources, grading at 1.35% NiEq. While this category has lower geological certainty compared to indicated resources, it shows the considerable potential for further exploration and resource expansion.

In addition, Power Nickel has achieved several key milestones that underscore its strategic position in the industry. The company’s acquisition of an additional 30% stake in the Nisk Project, increasing its ownership to 80%, is a significant step towards its goal of developing Canada’s first carbon-neutral nickel mine. Additionally, Power Nickel’s Winter 2024 drill program revealed high-grade assay results, further validating the project’s potential.

These achievements not only demonstrate Power Nickel’s commitment to exploration and development but also highlight its capacity to contribute to the broader EV battery manufacturing industry.

Real-world Relevance

Power Nickel’s work has a direct impact on the EV industry and, by extension, on our everyday lives. The nickel sourced from projects like Nisk is a key component in lithium-ion batteries, which power electric vehicles and a wide range of portable electronic devices. This connection between nickel mining and green technology is a tangible example of how companies like Power Nickel are driving positive change in the world.

Moreover, the company’s commitment to carbon neutrality aligns with the broader sustainability goals that many industries are striving to achieve. As electric vehicles become more prevalent, the need for sustainable nickel sourcing will only grow, reinforcing Power Nickel’s relevance in this evolving landscape.

Looking Ahead with Power Nickel

Power Nickel’s forward-looking goals are closely tied to the optimistic industry forecast for the nickel sector. The company’s ongoing exploration and development efforts are set to continue throughout 2024 and 2025, with plans to bring the Nisk Project to a production decision. This ambitious approach reflects Power Nickel’s confidence in the project’s potential and its dedication to contributing to the growth of the nickel industry.

With the demand for nickel in EV battery manufacturing expected to soar, Power Nickel is well-positioned to capitalize on this trend. As the company moves forward, its focus on high-grade mineralization, sustainability, and exploration will play a crucial role in shaping its future success.

Conclusion

Power Nickel’s recent achievements and strategic trajectory make it a compelling participant in the nickel industry’s growth narrative. With the increasing demand for nickel in EV battery manufacturing, the company’s focus on high-grade projects and sustainable practices positions it as a key player in this dynamic industry. Power Nickel’s journey towards becoming a leading provider of nickel and multi-element mineralization is a story worth watching.

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Fabled Copper Corp: Unveiling a New Era of Exploration on the Muskwa Copper Project

Posted by Brittany McNabb at 10:20 AM on Tuesday, November 28th, 2023

 

In the dynamic landscape of copper exploration, Fabled Copper Corp. emerges as a transformative force, breaking new ground on the Muskwa Copper Project. Today, the company proudly announces the reception of its Mines Act Permit, a pivotal milestone unlocking a two-year drilling endeavor across the Neil, Toro, and Bronson properties in northern British Columbia.

Background and Context:

Founded on a commitment to excellence, Fabled Copper Corp. has a rich history woven with successful explorations and unwavering dedication to responsible mining practices. The Muskwa Copper Project, comprising the Neil, Toro, and Bronson properties, has been granted the drilling permit, with the Davis Keays Eagle Vein area taking precedence. This marks the dawn of a groundbreaking chapter in the company’s legacy.

Key Highlights and Advantages:

First-ever Surface Drilling on Eagle Vein:

Fabled Copper Corp. embarks on an unprecedented journey with a helicopter-supported diamond drill program spanning 3,000 to 5,000 meters on the Davis Keays Eagle Vein. The magnitude of this endeavor is underscored by its historic nature, representing the inaugural surface drilling in the Eagle Vein area.

Precision Redefining Exploration:

Fabled Copper Corp.’s approach is not just about reaching the Eagle Vein; it’s about reshaping the understanding of the ore body. With cutting-edge technology ensuring a target accuracy of 3 cms, the company anticipates not just intercepting the Eagle Vein but unraveling a network of copper-bearing veins, potentially reshaping the future of the project.

Extending Reserves and Exploring Depths:

Building upon the legacy of the 1990 Feasibility Report, Fabled Copper Corp. aims to extend the known reserves below the 5,800-foot level. The potential of parallel veins, discovered during the 2022 work program, adds a layer of excitement to the prospect of uncovering new copper-rich domains.

Potential Impact and Significance:

The issuance of the Mines Act Permit is more than a regulatory approval; it’s a catalyst for potential game-changing discoveries. As Fabled Copper Corp. envisions the intersections of multiple copper-bearing veins, the reverberations extend beyond the company, influencing the industry’s outlook and investor sentiment.

Expert Opinions and Analysis:

Peter Hawley, President, CEO of Fabled Copper Corp., expresses the company’s enthusiasm, stating, “We are very excited to finally receive our long-awaited drill permit.” Industry analysts echo this sentiment, recognizing the strategic importance of the Muskwa Copper Project in an era where copper’s value is paramount.

Challenges and Considerations:

While the prospects are exhilarating, challenges and considerations are inherent. Fabled Copper Corp. acknowledges the need for funding to materialize this ambitious drill program. The company’s transparent approach to addressing challenges reflects a commitment to prudent financial management.

Conclusion:

In the heart of the Muskwa Copper Project, Fabled Copper Corp. is not merely exploring; it is pioneering a new era of copper exploration. The Mines Act Permit opens doors to possibilities that transcend conventional boundaries. As the company ventures into uncharted territories, investors are invited to witness the unfolding narrative of discovery and innovation. Fabled Copper Corp.’s commitment to responsible stewardship and its relentless pursuit of excellence make it a beacon in the evolving story of copper exploration.

View originial release: https://www.accesswire.com/810611/fabled-copper-receives-drill-permit-and-outlines-proposed-2024-drill-program-on-davis-keays-eagle-vein

FABL Copper Corp’s Strategic Rise Amidst the Copper Renaissance

Posted by Brittany McNabb at 9:05 AM on Wednesday, November 15th, 2023

 

In a world increasingly dependent on digital infrastructure, the recent surge in copper’s demand, as outlined in Visual Capitalist’s insightful macro-level article, paints an optimistic picture for the industry. Amidst this renaissance, FABL Copper Corp stands tall, aligning seamlessly with the trends shaping the copper landscape. This Industry Bulletin delves into the copper industry’s positive trajectory and how FABL Copper Corp strategically positions itself within this narrative, drawing on its transformative milestones.

Industry Outlook and FABL Copper Corp Trajectory:

The macro-level article highlights the indispensable role of copper in powering data centers, a cornerstone of the digital age. FABL Copper Corp, recognizing this trajectory, is strategically positioned to ride this wave. As demand for copper soars, FABL’s foresight and robust operations position the company as a key player in meeting this increasing need.

FABL Copper Corp’s Highlights:

Reported 23.40% Copper on South Extension of Eagle Creek Copper Occurrence

In a groundbreaking achievement, FABL Copper Corp unveiled a staggering 23.40% copper on the South Extension of the Eagle Creek Copper Occurrence. This is not just a numerical feat but a testament to FABL’s exploration prowess and the richness of its copper deposits. Not to mention reconfirming 300M lbs copper outline on eagle vein, open at depth.

Successful Exploration On 3 Copper Assets

FABL Copper Corp doesn’t merely explore; it succeeds. The company’s triumphant exploration across three copper assets reinforces its commitment to uncovering new opportunities and expanding its footprint in the copper market.

Changing How Deposits & Discoveries Are Delineated

FABL Copper Corp isn’t just mining copper; it’s transforming the very process of delineating deposits and discoveries. Through innovation and a commitment to excellence, FABL is reshaping industry standards, setting a precedent for how future exploration endeavors will unfold.

Real-world Relevance:

FABL Copper Corp’s contributions translate into real-world impacts. Analogies and examples familiar to the lay investor showcase how FABL’s endeavors are not just about mining copper; they are about driving advancements that touch everyday lives, establishing the company as a linchpin in the broader industry narrative.

Looking Ahead with FABL Copper Corp:

As the industry anticipates unprecedented growth, FABL Copper Corp’s forward-looking goals align seamlessly with this optimism. The company’s strategic vision encompasses not only meeting current demands but pioneering innovations that will define the copper landscape of tomorrow. Investors looking toward the future of copper should undoubtedly have FABL Copper Corp on their radar.

In a landscape where copper takes center stage, FABL Copper Corp emerges not just as a participant but as a compelling protagonist. The company’s strategic alignment with industry trends, coupled with its transformative achievements, makes FABL a beacon in the copper renaissance. This Industry Bulletin invites prospective investors to delve deeper into FABL Copper Corp, a promising entity set to leave an indelible mark on the dynamic world of copper. 

https://www.visualcapitalist.com/sp/copper-the-critical-mineral-powering-data-centers/

 

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DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

VIDEO: Fabled Copper $FABL Meeting The Future Demand For Copper By Making Discoveries Today

Posted by AGORACOM at 4:35 PM on Wednesday, January 5th, 2022

BRAND NEW LISTING – DEC 21

The World Needs Copper: Global Copper Consumption Outstripping Supply

“A new energy vehicle (EV) needs 80kg of Copper compared with 23kg in an internal combustion engine vehicle” Kitco

Demand for Copper is projected to rise by 5% yearly, outstripping supply which is projected to increase by 2.3% yearly

This is why brand new Fabled Copper’s mandate is to explore and define high level and high-grade copper resources in Northern BC. ( which also happens to be a tier one exploration jurisdiction). Their main focus is the Muskwa property with a high grade mining history containing a minimum of 22 documented copper occurrences of which 4 are defined deposits with historical reserves and resources.

Fabled is taking an aggressive exploration approach and are already outlining a drill program for the 22 field season.

Here are some of the documented copper occurrences in 3 separate claim blocks (Neil, Toro, Bronson) and you can see why Fabled is intent on taking a aggressive approach to exploration and development. The project boast highgrade copper and lots of it.

Neil: 10 Copper occurrences with the Neil vein 19 metres wide, visible for more than 1,000 metres vertically & has assayed 10.2% copper over 3.0 metres

Davis-Keays: Historical Indicated reserve *of 3.7 million tons at 2.5% Copper cut-off grade or an estimated 1.4million tons at 3.42% Copper

Toro-Churchill: – sampling returned 8.8% copper over a width of 19 meters and strike length of 133 meters

Magnum Vein: developed and mined from 1970 to 1974 milling 549,000 tons grading 3.00 % Copper – stopped due to low copper prices

And if that doesn’t help identify the discovery opportunity, have a look at the combined experience amongst the management team, over 200 years’ combined exploration experience; and with that comes knowledge, lots of it. They are using their experience with cutting edge technologies to exploit the significant exploration upside. The use of drones has been prevalent throughout the 2021 exploration program and combined with the use of LIDAR and modern geophysics, the team plans on using the information gained to lead a very aggressive 2022 program that will include drilling.

At a time when Copper is breaking out and trending within the 4.20 to 4.80 price range; up over 100% since early 2020, Fabled shareholders received a generous Christmas present from Peter Hawley, President & CEO as the company embarks on delivering the Copper supply needed for the needs of tomorrow.

Sit back and enjoy this fantastic video as Peter walks us through the next emerging Copper growth story of 2022 and beyond.

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VIDEO: Candente Copper $DNT.ca Executing The Strategy To Develop The 7.5B Pound Canariaco Deposit $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM at 4:18 PM on Thursday, July 29th, 2021
http://blog.agoracom.com/wp-content/uploads/2020/08/candente-copper-for-blog1.jpg

TSX listed Candente Copper owns Canariaco Norte, a large, economic copper deposit in Peru that continues to advance technically and economically.

Cañariaco is a 100% owned feasibility-stage porphyry copper deposit containing 7.5B pounds Measured and Indicated and can be mined for 22 years once in production. Oh, and Canariaco Norte is in the lowest quartile of production costs for projects waiting to be developed at around 0.98c per pound of copper. If that doesn’t have your attention, Goldman Sachs has it ranked as one of the top 80 projects waiting to be developed worldwide.

This is a deposit itching to become a mine and Candente continues to advance the project forward with studies evaluating various methodologies to reduce CAPEX with multiple scenarios that support developing Canariaco closer to a production scenario.

With the price of copper firmly above $4 dollars, the economics supporting Canariaco going into production only gets stronger.

Watch this great interview with Candente CEO Joanne Freeze as she explains how Candente can accelerate the development of Canariaco through the various studies that support a production scenario.

CLIENT FEATURE: Fabled Silver Gold $FCO $FBSGF to Spin-Out Fabled Copper Co. to Shareholders $CMMC $NDM $CS $GMBXF

Posted by AGORACOM at 8:42 PM on Wednesday, June 2nd, 2021

Fabled Silver Gold (TSXV:FCO ) (OTCQB: FBSGF) is in the metal discovery business.

They recently added copper to the exploration menu with news of a spin out of their Northern B.C. assets into Fabled Copper Co., providing FCO shareholders with a new vehicle capable of making a metals discovery.

Fabled Silver Gold controls 100% of the Santa Maria Gold and Silver property in Mexico and is its flagship project. It is a high grade underground mine with a rich mining history and a Silver Equivalent 43-101 with 3.2million ounces Indicated and 1.1m inferred.

Now as far as silver projects go 3.2M ounces isn’t very big but when serial mine finder and industry stalwart Peter Hawley was presented with it in 2016, he came out of retirement saying “it was almost too good to be true” and “this is the one I’ve been looking for.”

Santa Maria’s best historical intercept to date is a reported 11meters of 1,672 g/t Silver & 3.74 g/t gold and ending in mineralization. Current exploration has demonstrated drill success from the very first holes with an incredible intercept of 10 ounces of silver over 6 meters. As a result of the drill success, Fabled increased their original program from 8,000m to a minimum of 9200m to drill from underground to firm up the known resource, and for “Blue Sky drilling”  to explore the numerous anomalies unexplored on the property capable of demonstrating discovery potential.

Not only that, Santa Maria is definitely in a great “neighborhood” within the mining friendly jurisdiction of Parral that has produced over 250M oz silver.  The Parral mining district is situated in the centre of the Mexican epithermal silver-gold vein districts. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world. Grupo Mexico, as an example, are their neighbor and border the Santa Maria property. Grupo (GMBXF) valued at 38$Billion, is the largest mining corporation in Mexico.

Santa Maria is in the perfect environment for further discoveries and increased development, yet has never been systematically or thoroughly explored with modern methods, until now.   FCO is currently conducting their first drill program to support the 43-101 and expect results flowing right through June. It’s an excellent project and a company maker.

So why are we switching to copper?

Peter thinks he can do it again, only this time with Dr. Copper, who is in a metals bull of its own, and with properties located in a very favorable mining jurisdiction, British Colombia, Canada

Fabled is spinning out its copper assets to be placed into a new public vehicle, Fabled Copper Co., and the assets are good, really good. They already demonstrate the necessary value to create an excellent copper exploration and development company.  In this case, Fabled’s Northern B.C “Muskwa” copper assets act like a dividend for Fabled Silver Gold shareholders. A unanimous Board approval vaults the Muskwa Copper project directly into the forefront of investors’ attention. Current shareholders will receive a new share in Fabled Copper Co. for every 5 Fabled Silver Gold Shares. It’s an incredible bonus for shareholders as it generates a Newco to follow a completely different metal currently in its own bull market.

Shareholders will own shares in both companies, Silver and Copper, and benefit by allowing capital markets to ascribe value to the Muskwa copper project independent of the Company`s silver properties.

Alone, this is a great deal for shareholders, but what may be hidden amongst the capital markets excitement is the fact that the 100% controlled Muskwa project comprises 3 known deposits and over 20 copper occurrences.

This is not small scale. The exploration and development infrastructure is advanced, extensive really. Fabled is prepared to act very quickly and are already on task to define multiple exploration teams, outfitters, helicopter services to outline, and budget a July to September 2021 exploration program.

Sometime words convey the story, but in this case it is better to hear it and see it directly.

Watch this amazing 2 minute video with CEO Peter Hawley that captures the magnitude of the exploration potential and work accomplished to date. It portends a very bright future for a discovery for all shareholders near and dear to Fabled. Silver, Gold….or Copper.

Fabled Silver Gold $FCO $FBSGF Spins Out 20+ Copper Occurrences & 3 Classified Deposits Into Fabled Copper Co. $CMMC $NDM $CS $GMBXF

Posted by AGORACOM at 5:02 PM on Wednesday, May 19th, 2021
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CLIENT FEATURE: Tartisan Nickel $TN.ca Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes at 0.62% Nickel, 0.33% Copper

Posted by AGORACOM-JC at 12:39 PM on Thursday, January 24th, 2019

Investment Highlights

  • Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
  • 17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property

Kenbridge Ni Project (ON, Canada)

  • Advanced  stage  deposit  remains open  in  three  directions,  is  equipped with a 623m  deep  shaft  and  has  never  been  mined. 
  • Preliminary  Economic Assessment completed and updated returned robust project 
    economics and operating costs including  a  NPV  of  C$253M  and  cash costs of US$3.47/lb of nickel net of  
    copper credits.
  • Plans for Kenbridge include updating PEA, advancing the project through to feasibility and exploring the open mineralization at depth

FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.

INTERVIEW: Liberty Star $LBSR Provides Update on Hay Mountain With Renewed Emphasis on “Great Cluster” #Copper $TMBXF $MIN.ca

Posted by AGORACOM-JC at 2:24 PM on Wednesday, November 28th, 2018

Liberty Star $LBSR Releases Hay Mountain Technical Report

Posted by AGORACOM-JC at 11:28 AM on Monday, November 19th, 2018

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  • All critical land is acquired and the release is now made.
  • Report is organized according to the format and style of Canadian NI 43-101, authored by Jan C. Rasmussen Ph.D., R.G. and reviewed by Corolla Hoag Registered Geologist and Tucson SRK Manager.
  • An extract of that report is located on the Liberty Star website

TUCSON, AZ, Nov. 19, 2018 — Liberty Star Uranium & Metals Corp. (“Liberty Star”) (OTCPK: LBSR) is pleased to announce the release of the Hay Mountain Project Technical Report submitted by SRK Consulting and held in confidence due to exploration activity in the area. All critical land is acquired and the release is now made. The report is organized according to the format and style of Canadian NI 43-101, authored by Jan C. Rasmussen Ph.D., R.G. and reviewed by Corolla Hoag Registered Geologist and Tucson SRK Manager. An extract of that report is located on the Liberty Star website.

The Report recommended additional technical work including drilling Hay Mountain targets to determine if the indicated copper presence will lead to a bankable feasibility study and a commercially viable resource can be defined.

Key Points:

  • Hay Mountain is a porphyry copper deposit related to a fracture system in an eroded caldera margin.
  • LBSR exploration to date has been regional-scale airborne geophysical surveys, geochemical and biogeochemical surveys.

After the compilation of the SRK technical report, Liberty Star conducted the recommended detailed surface and subsurface studies including additional vegetation geochemical sampling, geophysical ZTEM surveys, and XRF geochemical analysis. These studies serve as confirmation of the SRK technical report recommendations and have led Liberty Star to plot and permit specific drilling targets to carry out additional technical report recommendations. Drilling will begin once appropriate resources are in place.

Key Indicators: The USGS publication of the map (USGS Publication Circular 1380, Chapter 7)
identifies historic production from at least 37 porphyry copper mines in SE Arizona and Northern Mexico in an area identified as the “Great Cluster.” This area has produced approximately 240 million metric tons (tonnes) of copper, divided among 37 deposits in the Great Cluster – Copper-Gold equating to an average past copper production of 6.5 million metric tons copper = 14.3 billion lbs. of copper at a projected future copper market price of $6/pound or $86 Billion dollars, which for illustrative purposes is distributed equally per deposit in the Great Cluster. This is a hypothetical average with some much larger and some much smaller deposits with past production. This also suggests there are yet to be discovered deposits of copper which will be in this range.

  • With careful technical work LBSR believes that at least a square mile of alteration is present, and much more is probable. This can be compared to the recently stated $10 billion value placed on a very similar Rosemont camp deposit which covers about 1 square kilometer. Thus, Hay mountain may contain $10 billion x 2.6 kilometers/sq. mile or about $26 billion in copper. The Hay Mountain Property will generate copper in known sedimentary limestones and igneous layers, not necessarily flat but concentrated in contorted layers visible in geophysics which start at about 300 feet (also indicated by geophysics) from the surface and go to perhaps a geophysically indicated depth of 6,000 feet. If the deposit is larger, thicker or higher grade it could be substantially more. Conversely, lower grades and smaller volumes would result in smaller mineral resources and lower value. The size of the alteration zone at Hay Mountain is about 8 miles long and 6 miles wide. The zone contains multiple magnetic anomalies and electromagnetic anomalies interpreted as porphyry copper centers or hot spots (skarn) and may be very much larger than estimated above.

“This may be world class discovery in a historically proven mineral zone”- The Great Copper Cluster, remarked Jim Briscoe, Chief Executive Officer of Liberty Star. “Our geophysical and geochemical surveys have provided additional validation of a very large multi-mineral footprint at Hay Mountain.”

About Liberty Star

Based in Tucson, Arizona, Liberty Star, Inc. is a public company trading under the symbol LBSR. Liberty Star’s main project involves a large mineral footprint in a developing high-grade mineral region in southeast Arizona.

RISK FACTORS FOR OUR COMPANY ARE SET OUT IN OUR 10-K AND OTHER PERIODIC FILINGS WITH THE SEC ON EDGAR

Forward-Looking Statements
Some statements in this release may be “forward-looking statements” for the purposes of the Private Securities Litigation Reform Act of 1995. In some cases forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company’s Annual Report on Form 10-K for the year ended January 31, 2017, as updated from time to time in our filings with the Securities and Exchange Commission, most recently in the Company’s Quarterly Report for the period May 1, 2018 to July 31, 2018. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.

Contact:
Tracy Myers, IR Representative
Liberty Star Uranium & Metals Corp.
520-425-1433
[email protected]