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CLIENT FEATURE: Garibaldi Resources (GGI: TSX-V) $1.7M in Working Capital + Strong News Flow

Posted by AGORACOM-JC at 12:32 PM on Tuesday, August 19th, 2014

WHY GARIBALDI RESOURCES CORP?

  • $1.7 million in working capital as per latest financials (Apr 30)
  • Attractive share structure
  • no warrants, no major financings since 2009
  • Drilling in progress – strong news flow from Mexico and B.C.

LEADERSHIP. MOVING FORWARD. BUILDING VALUE.

  • Synergistic mix of business, market & geological expertise
  • Drilling underway at La Patilla Gold Property (high-grade targets) plus multiple drill-ready targets at 3 district-scale projects in Mexico
  • Largest landholder (262km2) among juniors in Sheslay Cu – Au porphyry discovery area at top of B.C’s Golden Triangle

GARIBALDI APPROACH AND ADVANTAGE IN MEXICO

 

Through the strength of its geological team and the use of cutting- edge technology and proprietary data, Garibaldi has built a foundation for lasting success in Mexico:

  • GGI continues to accurately pinpoint the most prospective targets for potential new discoveries in large, district-scale land packages
  • Project value is being cost-effectively unlocked
  • Financial strength is being built (i.e., sale of Temoris option, current Tonichi pilot coal program generating royalty income)

La Patilla Project

  • First-ever diamond drilling at the La Patilla gold property in Sinaloa state has returned highly encouraging gold values near-surface, including an interval grading 10.4 grams per tonne gold over 8.5
  • Five of six holes drilled to test the La Patilla vein system intersected broad zones of mineralization along 75 metres of strike length to depths of approximately 50 metres

Rodadero North Project

  • Drilling along almost 100 meters of strike length has returned significant high-grade silver intersections within 50 meters of surface, and mineralization remains open in all directions;
  • SE-14-03 intersected 1,935 g/t Ag (62.2 oz/t) between 4 and 5 meters’ depth while the most recent hole (SE-14-06) – the farthest step-out from previously reported discovery hole SE-14-01 – has produced the widest mineralized intercept to date;
  • Surface sampling at three target areas immediately southeast and east of Silver Eagle has returned high-grade silver (up to 8,000 g/t Ag) in addition to high-grade gold (up to 52.6 g/t Au) as explained further in this update;
  • As Garibaldi commences a second round of drilling at Silver Eagle, the total number of mineralized target areas within the 45 sq. km Rodadero North Project has increased from eight to 11.

NORTHWEST B.C. – DOMINANT LANDHOLDER IN EMERGING SHESLAY CAMP


  • Successful exploration methods developed in Mexico are now being adopted to rapidly advance the company’s 100%-owned Grizzly Property
  • Multiple targets are being identified over 15 km from Grizzly West to Grizzly Central
  • GGI is the largest landholder among juniors in this highly prospective, under-exploited new Cu-Au porphyry discovery area in prolific Stikine Arch
  • Recently announced that it has acquired two highly prospective Cu-Au porphyry properties within the Stikine Arch

Red Lion

  • The Red Lion prospect, comprising 35 sq. km, is located 60 km south of AuRico Gold’s Kemess mine and adjoins the Kiska Metals’ Kliyul Cu-Au porphyry project under option to Teck Resources Ltd. The Red Lion shows extremely strong Cu-Au stream sediment geochemistry in both Government Regional Geochemical Survey responses and follow-up proprietary surveys. Access and infrastructure at Red Lion are excellent with the powerline to the Kemess South mine only three km away.

Mount Sister Mary (MSM)

  • The MSM prospect, comprising 58 sq. km, is located approximately 50 km northeast of Imperial Metals’ Red Chris mine and is underlain by similar Triassic and Jurassic volcanic and plutonic rocks. Government Regional Geochemical Survey responses confirm prior assessment work in which at least eight Cu-Ag-Au showings have been documented on the property.

12 Month Stock Chart

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Liberty Star Submits Plan of Operations for Drilling Hay Mountain Project to Arizona State Land Department; Proposed Period of Operation: September 29, 2014 to September 29, 2015

Posted by AGORACOM-JC at 9:40 AM on Tuesday, August 12th, 2014

TUCSON, Ariz. — Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to announce that it has submitted an Exploration Plan of Operation (the “Plan” or the “EPO”), for the State Land component covering the prime anomaly of the Hay Mountain Project, to the Natural Resources Division – Minerals Section of the Arizona State Land Department (“ASLD”), as of today’s date. An approved EPO is required by the State prior to initiating exploration activities on Arizona State Trust land (the Company’s Mineral Exploration Permits or MEPs). Plan evaluation and approval may require 30 to 60 days: the approved EPO remains effective for one year from date of approval and the Company may request extensions if required. Liberty Star has proposed a Period of Operation commencing September 29, 2014. The innovative drilling program proposed by LBSR could begin after that date if the EPO is effective and adequate funding is obtained.

“…the type and extent of the operation to be performed. Include the estimated area of disturbance and provide detailed information for any earth moving or site clearance operations.”

Among the ASLD requirements for application of an EPO is a statement of “Scope of Operation” that describes “…the type and extent of the operation to be performed. Include the estimated area of disturbance and provide detailed information for any earth moving or site clearance operations.” Liberty Star has submitted the following:

“1. Core Drilling and daughter hole drilling for mineral deposits at depths of up to 5,360 feet (1,643 m) and using deviated drilling-directional drilling herein described as daughter holes to drill holes out from the mother holes which will give us information at up to 200 meters out from the mother hole. This will decrease our surface drill sites to 41 drill sites, a decrease of 89% by drilling from the central mother hole.

“2. We will be using a diamond core drill – with rubber tracks that put less pressure on the ground surface (4.8 pounds per square inch) than a human would in walking over the drill site. Rather than trucking water off-road to the drill site with very heavy (10 to 16 tons of water per truck load) we will pipe water to the drill sites as needed for drilling using unburied UV protected flexible polyethylene pipe which will not disturb the surface or vegetation to supply a plastic water tank (2,000 gal) at the drill site.

“3. We will use a very recently developed Solids Recovery Unit (SRU) which uses a centrifuge to clean the drill fluid before pumping it down into the hole again. This reduces the foot print of the drill site and negates the use of a traditional mud sump pit. Drill cuttings are automatically bagged and will be disposed in a land fill after drying.

“4. Personnel will be transported in a rubber tracked side-by-side [a 4WHD mini truck from Polaris] with 4 passenger capacity along with space for tools and consumables. This also has an impact of less than a human foot. Normal pickup trucks will only traverse main roads, only pickup trucks equipped with rubber tracks will travel off main dirt road.”

All vehicles used in the drilling process will be mounted on similar low weight distribution rubber tracks. No roads will be constructed, nor surface disturbance made. Routes to the drill sites will be by rubber tracked vehicle paths and there will be no surface disturbance of soil or vegetation.

States Liberty Star CEO/Chief Geologist Jim Briscoe: “The Scope of Operations statement we have submitted to the ASLD exemplifies our commitment to being excellent stewards of State Trust lands. The Exploration Plan is also financially sound because of the efficiencies we’ve built into the plan including those described above, which we believe should actually lower the cost of operations. With naseba and others, we have laid the groundwork for financing, and are in preliminary discussions with more than 12 entities in various countries where we have made presentations. We need that financing in place to proceed with Phase 1 drilling.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our expectation that we will receive approval of our EPO and the timing of that approval, the anticipated timing of the EPO after it commences and the availability of extensions if they are required, our ability to raise funds to pay for the Phase I drilling and our belief that the EPO is financially sound and that it should actually lower the cost of operations. Factors which may delay or prevent these forward-looking statements from being realized include receipt and timing of EPO approval and delays in financing, the possibility that we may not be able to raise sufficient funds to complete our intended exploration or carry on operations and the timing of that financing; and the possibility that we may be prevented from drilling due to weather, logistical problems or other field hazards. Despite encouraging results, there may be no commercial grades of mineralization on our properties. Readers should refer to the risk disclosures in our recent 10-K and our other periodic reports filed from time to time with the Securities and Exchange Commission.

Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter @LibertyStarLBSR

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]

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Liberty Star Signs Comprehensive New Agreement with Naru Capital a Division of naseba, Extending Successful Partnership to a 4th Term, from July 10 to Dec. 31, 2014

Posted by AGORACOM-JC at 9:50 AM on Wednesday, August 6th, 2014

Meetings in Tucson – Hay Mountain Mid-September and Middle East Planned in October

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce that Liberty Star has once again signed a comprehensive agreement with Naru Capital (“Naru”), a division of naseba.

With the current value of ongoing infrastructure projects in the Middle East estimated at over US$2.62 trillion, the region is currently witnessing significant investments in infrastructure development that drive the demand for metals including copper, aluminum, iron, and nickel among others. Thus investors now seem to be seeking strategic investments in the sector, with the regional material demand forecast set to rise consistently over the next 5-10 years. This will be compounded by the decrees to bring expertise to the region in order to fast track developments of local mining assets as well. Having recognized the potential of Liberty Star and its Board, Naru Capital will be making a major push to get Hay Mountain funded and then fund other projects and targets of Liberty Star.

Naru Capital is a division of naseba group, a French business information company and a deal facilitator focused on the needs and interests of growth market based investors. With on the ground presence in Algiers, Bangalore, Dubai, Monaco, Riyadh, and Shanghai Naru Capital facilitates the introduction of companies raising capital to investors in emerging and growth markets, offering an alternative to traditional avenues to source deal flow. Naru Capital organizes highly-targeted, private capital introduction meetings and investors road shows across a range of growth markets and sectors, introducing each to pre-qualified investment opportunities.

The new agreement is to effectuate financing on a variety of levels for Liberty Star targets and opportunities. This will continue with an additional road show in the locations not yet visited where after extensive preparation and publicity of the opportunity, one on one meetings will be arranged with entities that have the desire and funds to invest in significantly large grass roots or greenfield mineral exploration targets. This will include Hay Mountain. The investment analysts will prioritize the meetings based on investor interest and intent, and will follow up with all the parties to ensure progression from the meetings, which will include potential visits to the southeast Arizona – Tombstone- Bisbee area where the Hay Mountain target is located and to the operating copper mines in the Tucson vicinity that have similar characteristics and are emblematic of the Hay Mountain Project.

Company CEO/Chief Geologist James A. Briscoe will return to the Middle East for a second time in October for highly-targeted, private capital introduction meetings organized by Naru Capital, which makes this the fourth time Naru Capital and Liberty Star have partnered for investors’ acquisition. The road show will include follow up meetings from Briscoe’s June visit to Saudi Arabia, Oman and Turkey which led to the 10 indications of interest, the first step in sending non-disclosure agreements for the Hay Mountain project and offer the Hay Mountain Project/Mine Finders training program to new potential investors.

Naru Capital Managing Director, Fabien Faure said “More than looking at just the financial capabilities of these investors, we also discuss their alternative reasons as to why they would consider an opportunity, before we make any introductions. We have developed trusting relationships with our investors through constant and open dialogue, and mapping their emotional connection to a particular industry, region or opportunity. We also work closely with our investors to establish how a project could benefit them from a strategic point of view, or sometimes how it could benefit them politically.”

Notes Briscoe: “Liberty Star is taking the lead in developing in what we believe will be ‘a major mining project that will be active for decades’. This fact is well known to local investors, but not to international investors. Naru Capital arranged these ‘Investor Road Shows’ of meetings tailored exactly to our requirements, and it has given the opportunity to be introduced in growth markets like India, China and the GCC as a lead in the Hay Mountain project and also discuss the long term Mine Finders training program with an objective of developing a full stream of new mineral discoveries in the Arabian Nubian shield.”

“naseba/ Naru’s approach cuts out a lot of time consuming vetting that I don’t have time to engage in. I am in the midst of the finalization of planning Phase 1 drilling at Hay Mountain and working on required permitting. naseba’s team understands that the Hay Mountain land has been the subject of intense professional geologic, geochemical, and geophysical surveys resulting in profound mutually reinforcing anomalies which indicate the presence of an extremely large porphyry copper/gold multi-metallic system including a very large rare earth element anomaly.”

“Drilling is the next step for the project. The funding we seek is for our innovative, efficient Phase 1 drilling program which will tell us if we have positive drill core indicators of a potentially commercially important ore body rivalling in size and grade several of the other mined ore bodies in the area, ranging from the middle of Arizona, south and east into northern Mexico. naseba has promised to bring us together with potential investors who have the desire to get in on the ground floor of, if we are successful, what I believe will be a major mining project that will be active for decades. Assuming Phase 1 shows positive indications, Phase 2 – lasting 3 years and operating 24/7/365 will continue immediately. Cutting edge equipment and methodology will be used, meeting US-SEC engineering report standards and well as Canadian NI- 43-101 requirements. Registered professionals will supervise all operations, and certified assay laboratories will be used for all metal analysis as the company does on all its projects.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA

CEO/Chief Geologist

Liberty Star Uranium & Metals Corp.

Forward Looking Statements

Statements in this news release that are not historical are forward looking statements. Forward-looking statements in this news release include: that the follow up meetings through naseba and with potential partners could lead to large scale funding of Liberty Star’s Hay Mountain Project; that we may obtain a partner for the Hay Mountain project; anomalies on our property indicate the presence of an extremely large porphyry copper/gold multi-metallic system including a very large rare earth element anomaly; and that we can efficiently drill our property if we had sufficient funding.

Factors which may delay or prevent these forward-looking statements from being realized include: our inability to agree with a potential partner on terms of their participation in the Hay Mountain Project or any project; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; and possible inability to continue drilling due to weather, logistical problems or hazards even if funds are available. Despite encouraging results, there may be no commercial grades of mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter@LibertyStarLBSR

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Additional Expressions of Interest in Liberty Star’s Copper-Gold-REEs Hay Mountain Project, Southeast Arizona and Uranium Assets at North Pipes, Arizona

Posted by AGORACOM-JC at 1:24 PM on Tuesday, August 5th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce that one international mining entity and three domestic investing groups have expressed interest in continuing due diligence and possible negotiations for financing Phase 1 drilling, on the Company’s Hay Mountain Project in Cochise County, southeast Arizona. Another company has expressed an interest in the North Pipes Project for uranium and other minerals in northern Arizona. In all cases, these are preliminary expressions of interest but these discussions are underway.

Liberty Star’s Hay Mountain Project (13.45 sq. miles) is located 15 miles northwest of the Bisbee Mining District and shares geologic traits with that area as direct similarities. Hay Mountain has direct similarities to other nearby Arizona porphyry copper deposits as well, including the Mission Pima Mine (ASARCO) which was discovered by drilling into a strong magnetic anomaly like the anomaly over the geochemical anomaly at Hay Mountain, the Silver Bell Mine (ASARCO), the Christmas Mine, the nearby Johnson Camp (Nord Resources), the I-10 porphyry copper, and the recently announced Hermosa Project mine south of Tucson (Wildcat Silver). A successful discovery was recently announced using the almost exact procedures (geochem followed by ZTEM and drilling) at the Balboa porphyry copper at the Cobre Panama Project in central Panama.

Hay Mountain Exploration highlights include:

  1. Geochemical anomalies indicative of a covered porphyry copper-gold-silver-moly mineral zone (NR 104)
  2. Geochemical testing indicative of a large (7 to 9 square mile) rare earth elements anomaly (NR 122)
  3. Ten target areas mapped via data provided by ZTEM geophysical/electromagnetic surveys (NR 170)
  4. A technical report recommending a phased drilling program
  5. Budgets and plans call for Phase 1 drilling at a budget of $6.5 million, followed on success of Phase 1 by a Phase 2 drilling program – $59 million of three years duration (24/7/365) to define an economic mineral zone.

Comments Jim Briscoe, Liberty Star’s CEO/Chief Geologist: “We have been very busy working on the follow-up from my Middle East travels (NR 183) and working on permitting. Now I have additional interested parties to talk to. The Hay Mountain Project is ready for drilling once we can obtain full financing for Phase 1 drilling. We haves plans set in place to fully mobilize for our innovative, cost efficient and environmentally sensitive drilling program as soon as we receive sufficient funding. We will also be working aggressively to finalize a draft agreement for the North Pipes uranium program.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include that the Hay Mountain Project is ready for drilling once we can obtain full financing for phase 1 drilling; that we can fully mobilize for our innovative, cost efficient and environmentally sensitive drilling program as soon as we receive sufficient funding; and that we will also be working aggressively to finalize a draft agreement for the North Pipes uranium program. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue development due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if our proposal is accepted, we may not be able to carry out project development as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter@LibertyStarLBSR

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Liberty Star Update: naseba Hosted Middle East Trip to Make Presentations, Hay Mountain/Mine Finders

Posted by AGORACOM-JC at 9:39 AM on Monday, July 21st, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to give an update of the recently concluded Middle East roadshow hosted by Naru Capital (“Naru”), a division of naseba. Company CEO/Chief Geologist Jim Briscoe presented Liberty Star’s premiere property Hay Mountain Project (“Hay Mountain”) in conjunction with the Mine Finders training program (NR 177). All ten meetings were successful with requests for additional information including confidentiality/non-disclosure agreements, project details and specific proposals. It is anticipated that from these meetings the Company can proceed to a memorandum of understanding (MOU) and or a letter of intent (LOI) with the final objective, an executed contract funding the Hay Mountain Project with or without the Mine Finders program. Briscoe’s summary of events:

“The roadshow started in Saudi Arabia (SA) Sunday (a work day) June 22 and was complete after visiting senior executives of 10 large organizations in three different countries in five cities and concluded on Friday evening, June 27. The meetings were conducted in Dammam, Riyadh, and Jeddah, Saudi Arabia, Muscat, Sultanate of Oman, and Istanbul, Turkey.

Naru Capital functions as a deal originator for investors in the growth markets with an unbiased approach to sourcing potential investment targets.

They have developed relationships with a network of qualified investors including private investors, sovereign wealth funds, financial institutions, state owned enterprises, educational institutions, natural resource investment companies, private equity firms and capital advisory firms across the growth markets. Their dedicated investor analysts leverage their extensive knowledge and match the needs of the investors with the specifics of the project. Naru’s reach in the liquid emerging markets has led to a database containing over a million contacts with areas of expertise including capital markets, energy, health care, and natural resources (our category).

From their list of investor clients Naru determines what entities are a match for the client’s project. They start with hundreds of potentials and screen them over a period of months. It involves an extensive search for just the right matchup between the client (Liberty Star) and the objectives and financial capability of the investor and includes extensive targeted vetting. Only a few finalists are chosen – in our case 10 entities.

Meetings are arranged between the client (Liberty Star) and the potential investor, the business case is presented in a personal one on one meeting.

After the presentation Naru provides a debrief report and an action plan for Liberty Star with input from the investors.

For each investor met with a positive response, Liberty Star will send a confidentiality, non-compete agreement (CA), a proposed deal, a letter of intent (LOI), a memorandum of understanding (MOU) and then, after an agreement has been hammered out, an executable contract. Of course after the CA has been signed Liberty will disclose all information on the project to the potential funder.

As a result of our presentations, all parties have responded positively and would like further documents and information.

We are currently working on preparation of documents. We are preparing thank you notes, confidentiality/non-disclosure/non-compete agreements, background data, and business plans and proposals for the Hay Mountain Project and the Mine Finders program, and are preparing letters of intent and memoranda of understanding, which we believe will lead to one or more investments in our proposals.”

“James A. Briscoe”

James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include all our planned drilling program and our planned route to access partners or funding sources. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not attract any partners or funding sources through the intended routes; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if we find a partner, we may not be able to reach agreement or carry out the development program as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter @LibertyStarLBSR

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]

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Garibaldi advances Silver Eagle target at Rodadero

Posted by AGORACOM-JC at 8:04 AM on Thursday, June 19th, 2014

TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

VANCOUVER, June 19, 2014 – Further to its news release of May 14, 2014, Garibaldi Resources Corp. (the “Company” or “Garibaldi”) is pleased to provide this progress report as drilling continues at the Silver Eagle target, Rodadero North in central Sonora State, Mexico. A fourth hole is now under way to test the geometry and dimensions of a promising high-grade, near-surface structure. Pending additional assay results are eagerly anticipated and will be released as they become available.

Following the discovery of a 7-meter section grading 2,010 g/t Ag (65 oz/ton) in hole SE-14-01, and after encountering exceptionally hard mineralized sulphide bearing quartz rock in SE-14-02 (collared 50 meters to the south), Garibaldi contracted a commercial diamond drill rig to complete the second hole. The larger rig using HQ core is successfully penetrating the rock within the target zone at Silver Eagle and is also providing better core recovery than the company-owned diamond drill.

Mineralization at Silver Eagle consists of an apparently flat-lying silicified zone or cap of brecciated rock exposed on a hill. Mineralized structures cross this silicified zone and may form a tabular root or feeder zone to the silicification.

The Silver Eagle target is one of eight prospects defined at Rodadero North along a 10-km NW-SE trend. Garibaldi’s regional exploration efforts at Rodadero featured the use of hyperspectral remote sensing technology followed by a ground program of mapping and sampling which produced highly encouraging results.

Surface sampling results from Silver Eagle, the first target to be drilled at Rodadero, ranged from anomalous to 1,840 g/t Ag. Of 171 chip samples taken in the area of the silicified cap, 44 (26%) contained 100 g/t or more Ag and 23 (13%) contained more than 300 g/t Ag. Assay results from SE-14-01 drill core demonstrated even higher grades within 30 meters from surface.

A link to drill core photos from Silver Eagle can be found on the Garibaldi homepage at www.GaribaldiResources.com.

Corporate Video

To view a recorded version of the latest GGI webinar, please visit the following URL:

http://www.garibaldiresources.com/s/Media.asp#video1

Quality Assurance & Control

Garibaldi maintains strict QA-QC protocols for all aspects of its exploration programs that include the systematic insertion of blanks and standards into each sample batch. ACME Labs (now part of the Bureau Veritis group that includes BSI Inspectorate) is performing assay analyses on all drill core from Silver Eagle, while ALS Global (formerly ALS Chemex) performed analyses on rock samples reported in this release. All rock samples were assayed using certified and industry standard assay techniques. Silver was analyzed by multi-element ICP. Samples in excess of 1,500 g/t Ag were analyzed by gravimetric methods.

Qualified Person

Dr. Craig Gibson, Certified Professional Geologist and a director of Garibaldi, is a non-arms length Qualified Person for the Company’s Mexico projects and the direct manager of the technical programs operated under contract by Prospeccion Y Desarrollo Minero del Norte (ProDeMin). Dr. Gibson has reviewed this news release and approved the content thereof.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”
Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

SOURCE Garibaldi Resources Corp.

GARIBALDI RESOURCES CORP., 1150 – 409 Granville Street, Vancouver, BC V6C 1T2, Telephone: (604) 488-8851, Website: www.GaribaldiResources.comCopyright CNW Group 2014

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St-Georges Receives Positive Title Opinion On Zambian Projects

Posted by AGORACOM-JC at 11:25 AM on Monday, June 9th, 2014

Montreal, Quebec / June 9, 2014 / St-Georges Platinum and Base Metals Ltd. (OTCQX: SXOOF) (CSE: SX) (FSE: 85G1) is pleased to report it has received positive title opinion in relation to the mining production and mining exploration licenses it is acquiring in Zambia.

Significance of title verification and title opinion

The title verification and title opinion brings St-Georges closer to the completion of the current on-going due diligence process for acquisition of the Mwininlunga and Shongwa mining projects. Mwininlunga currently produces Copper Concentrate with plans to potentially expand to 20,000 tonnes per month. On Shongwa, the Company expects to initiate work on a NI 43-101 compliant Preliminary Economic Assessment Study later in early 2015.

Mark Billings, St-Georges Chairman and Director, stated: “The title opinion we received from KCK is an important milestone  along with the completion of the analysis of available geological and engineering data which should be on track with the previously announced schedule, it should provide enough comfort to recommend to our shareholders to endorse this acquisition. We received a fair amount of interest for these projects and are pleased with the response from the financial community in relation to the Company’s plan to move forward in Zambia.”

Mandate of KCK & Associates

In the course of the due diligence process, St-Georges hired KCK & Associates as independent legal advisors to establish its Zambian subsidiary and to assist the Company in the process of title and permit verification. KCK & Associates is a law firm established in Lusaka, Zambia that specializes in Corporate and Mining Law. The firm works for an extensive array of clients in the mining sector and with Governmental entities.

About the Zambian Projects

The Mwinilunga Copper-Cobalt-Gold Project. Covering 740 hectares (7.4 km2) , the project is located close to the Angola and DRC borders and is in the vicinity of CopperZone and Vale Inco’s Luamata Joint-Venture Project. Current small scale punctual production of 3,000 tonnes of Copper Concentrate (15%) per month on the mining license will be consolidated under St-Georges’ control at closing of the transaction, and will be managed under a service agreement to be finalized before the end of the due diligence period.

The Shongwa IOCG & Nickel Project. Covers an area of 72,600 hectares (726 Km2) and is located approximately 60 km northwest of the town of Kasempa. There is a current JORC Definitive Feasibility Study (DFS) in place and the Company plans to verify and integrate the historical and JORC information into new NI 43-101 reports, and is currently evaluating the level of work required. The Company further expects to initiate work on a NI 43-101 compliant Preliminary Economic Assessment Study (PEA) later in 2014 or early 2015, conditional to the closing of the acquisition transaction.

Mr. Joel Scodnick, P.Geo. St-Georges’ Vice-President Exploration is a Qualified Person as defined by NI 43-101 and has reviewed and verified the scientific and technical mining disclosure contained in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

Frank Dumas

Director, President & CEO

About St-Georges

St-Georges is a vertically integrated Platinum-Palladium-Gold, Copper-Cobalt & Nickel Explorer and Developer. Headquartered in Montreal, the Company’s stock is listed on the CSE under the symbol SX, on the OTCQX under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

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WEBINAR: Garibaldi Resources – $3.2M In Working Capital + Strong News Flow

Posted by AGORACOM-JC at 9:51 AM on Wednesday, June 4th, 2014

WHY GARIBALDI RESOURCES CORP?

  • $3.2 million in working capital as per latest financials (Oct 31)
  • Attractive share structure
  • no warrants, no major financings since 2009
  • Drilling in progress – strong news flow from Mexico and B.C.

 

Hub On AGORACOM / Corporate Profile / Corporate Website

 

 

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Update: Liberty Star’s Presentation of Proposed Exploration at Hay Mountain AZ Has Triggered a Strong Response in the Middle East

Posted by AGORACOM-JC at 5:10 PM on Thursday, May 22nd, 2014

Update: Liberty Star’s Presentation of Proposed Exploration at Hay Mountain AZ Has Triggered a Strong Response in the Middle East with Numerous Requests for Additional Meetings—CEO Briscoe’s Trip Rescheduled and Expanded

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to announce that numerous requests for additional meetings throughout the Middle East to present the Company’s porphyry copper, gold, moly, REEs Hay Mountain Project in conjunction with the Mine Finders Program recently detailed in News Release 177 (May 15) have been received. The presentation program has been rescheduled, to accommodate those additional requests. Briscoe’s current plans are to depart the USA June 19 for these meetings. According to a letter from naseba dated May 20, News Release 177 has generated positive feedback “from more countries in the Middle East region than we were considering. We need to dig deeper. We feel delaying your roadshow until the end of June would allow us to open more doors and organize a multi-days, multi-countries roadshow that would be more beneficial to your company.” Countries under consideration for an expanded visit include Egypt, Kuwait, Oman, Turkey, and perhaps others.

“from more countries in the Middle East region than we were considering. We need to dig deeper. We feel delaying your roadshow until the end of June would allow us to open more doors and organize a multi-days, multi-countries roadshow that would be more beneficial to your company.”

Based on naseba’s positive report Briscoe has agreed to reschedule his trip to Saudi Arabia and potentially other cities to present the “One Package, Two Projects” Hay Mountain and Mine Finders program. According to the naseba letter “The later date will also be more fruitful” confirmed by several additional representatives who do not have time available in May but they have in June.

States Briscoe: “the enthusiasm for the Hay Mountain composite program is gratifying. This kind of opportunity is on the forefront of modern hands on training by industry experts using new cutting edge technologies. Our goal remains to implement phase 1 drilling at Hay Mountain, and start the Mine Finders program as soon as possible.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our entire planned drilling program and our planned training program. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if our proposal is accepted, we may not be able to carry out the instruction program as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter @LibertyStarLBSR

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Liberty Star Updates the Hay Mountain Project, Southeast Arizona

Posted by AGORACOM-JC at 9:51 AM on Tuesday, May 20th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to update its shareholders and interested parties on the completion of the compilation and interpretation of the Hay Mountain porphyry copper geophysical data along with geochemistry and design of a Phase 1 drill program.

During the last 6 months significant additional details on the subsurface of the Hay Mountain porphyry copper geochemical anomaly have come to light. These are enumerated in approximate chronological order:

  1. Detailed interpretation of the ZTEM geophysical survey revealed that the anomaly is much larger than previously realized. Based on the analysis of all the data, it is now realized that it could contain the footprint of any of the largest porphyry copper deposits known in North America. Additional geophysical interpretive work on the abundant geophysical data was clearly warranted.
  2. The electromagnetic component of the ZTEM system shows conductors going to a depth of at least 1,520m (approx. 5,000 feet), which would be commensurate with the base of the Paleozoic sediments and their depositional contact with the Precambrian basement rocks. This is similar to the mineralization at Bisbee, Christmas, Twin Buttes, Rosemont and Morenci, Arizona and Cananea, Mexico, all within about 161 km (100 miles) of Hay Mountain, and all are sediment (skarn) hosted porphyry copper mines.
  3. The detailed magnetic component of the ZTEM survey allows the three dimensional analysis of the very large magnetic feature which is coincident with the geochemical porphyry copper signature and low resistivity signatures from the electromagnetic (EM) component. This magnetic resonance imaging (MRI – just like physicians use – except in our case it is helicopter borne, not stationary in an office – and of course the scale is different), reveals important details of what is comparable to known mineral bearing skarn in other districts in North and South America, and throughout the world. Skarn (altered limestone – see Liberty Star’s glossary on web site) frequently contains high grade copper, gold, molybdenum, tungsten and other metals. This is a common host for the nearby Bisbee mines where early day production ranged from 7% to 30% copper. Other deposits within about 241 km (150 miles) at Morenci, Silver Bell, Mission, Twin Buttes, Rosemont, Globe and Christmas, Arizona, Chino, New Mexico and Cananea, Mexico and others as well as mines in other parts of the world have similar grades in skarn bodies.
  4. The 3D magnetic data suggest the upper part of the skarn bodies lie 30 to 90 meters (approx. 100 to 300 feet) below dirt cover. Their magnetic signature suggests the upper 30 to 90 meters or more is oxidized and copper would be in oxide form that would allow shallow open pit mining, heap leaching solvent extraction and electrowinning (OPHLSXEW) to produce 99.99% wire grade copper as seen at the new Safford, Arizona mine and others. It might also be like the nearby Bisbee deposit which produced an astounding number of museum quality green copper oxide and other mineral specimens of great value.
  5. Analysis of the data generated in the studies identified above has made it possible to lay out a targeted drill program. Recent consultation with directional drilling contractors suggests that a significant reduction of the number of drill sites can be made. This will minimize surface disruption and allow the drilling of one mother hole and up to 8 daughter holes from one drill site. This should significantly reduce the cost of drilling, as the directional daughter holes will save penetrating repeatedly to the daughter hole kick off depth. This directional drilling is similar to oil field standard procedure.
  6. The availability of new equipment. Largely dependent on new high speed microcomputers, combined with the Internet suggest a more efficient approach to the rapid drilling this project will require.
  7. Development time and financing availability
    Briscoe has been told by well-capitalized investors during his world travels over the last 11 months that no more than seven years is an acceptable time for exploration and start of production. In response, the Company has designed a drilling exploration program to operate 24/7/365 for four years assuming ore grade material is intercepted. A mine would go into production in the seventh year. If a near surface oxide copper ore body is present (like the nearby Johnson Camp Mine and I-10 Porphyry-Excelsior proposed mines), as suggested by the geophysics, such production on a moderate scale from a shallow pit could be feasible, thus greatly simplify this very tight schedule. Continued enlargement of facilities could consist of a build out of a large deep high grade underground mine or a much larger open pit mine or both; or perhaps a block cave operation.

Required capital funding for the Hay Mountain Project would be Phase 1 drilling at US $5 million to be expended in the first year to confirm presence of ore grade mineralization. Post phase 1 drilling activities in the amount of US $60 million are to be expended over the next three years. Assuming success in defining a mineral resource, permitting, metallurgical studies, and mine planning and plant design would quickly follow as would a Bankable Feasibility Study, which would be completed at the end of year five. Production would follow and is projected to be attained in the seventh year.

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include: that a porphyry copper system is indicated; that Phase 1 drilling will cost US $5 million to be expended in the first year. Post phase 1 drilling activities in the amount of US $60 million are to be expended over the next three years. That assuming success in defining a mineral resource, permitting, metallurgical studies, and mine planning and plant design would quickly follow as would a Bankable Feasibility Study, which would be completed at the end of year five. Production would follow and is projected to be attained in the seventh year.

Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not be able to get equipment or labor as we need it; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company’s recent S-1, its 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter @LibertyStarLBSR

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