Agoracom Blog Home

Posts Tagged ‘gold’

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

Pacific North West Capital Provides Update on River Valley PGM Project

Posted by AGORACOM-JC at 8:47 AM on Thursday, July 31st, 2014

VANCOUVER, July 31, 2014 – Pacific North West Capital Corp. (TSX-V: PFN) today provides an update on its search for a strategic joint venture partner for its River Valley platinum group metal (PGM) project, near the city of Sudbury, Ontario (Canada).

PFN is pleased to announce that it has hired SFA (Oxford) Limited (Oxford, UK) to provide an independent strategic assessment of its 100% River Valley PGM Project, near the world-class nickel-copper-PGM mining and processing centre of Sudbury, Ontario (Figure 1). The assessment document will be a concise compilation report of a high-level case for investment in the River Valley PGM Project against other global projects and operations. The document will provide key support for PFN’s search for a credible and well-funded strategic joint venture partner to share its vision and commitment to explore and develop the River Valley PGM Project.

SFA Oxford enjoys a global reputation as a group of independent consulting analysts in mining, metals and commodities, with specialization in PGM (including palladium – the main metal at River Valley). The timing of PFN’s decision to hire SFA Oxford builds on the strong global fundamentals currently driving up the commodity price of palladium. Continuing production challenges in South Africa and rising tensions with Russia, the world’s two largest PGM producers, combined with soaring demand from the global automotive industry for auto catalysts (of which palladium is a key component) have all renewed interest in PGM projects in safe, secure mining jurisdictions like Canada.

River Valley is one of the largest primary PGM Projects in Canada. NI43-101 compliant near-surface resources are: 26 Mt grading 1.5 g/t PdEq for 1.2 Moz contained PdEq in the measured category; 66 Mt grading 1.4 g/t PdEq for 2.8 Moz contained PdEq in the indicated category; and 36 Mt grading 1.1 g/t PdEq for 1.2 Moz contained PdEq in the inferred category (for the details see PFN’s website at www.pfncapital.com). The Project is located within 100 road-km of Sudbury and is readily accessible via paved and gravel roads with settlements, power and rail all nearby.

Figure 1- Location Map of River Valley PGM Project near Sudbury, Ontario (Canada).
Sudbury region of northern Ontario. River Valley is one of the largest undeveloped primary PGM projects in Canada. PFN also has PGM projects in Alaska. The Company continues to evaluate PGM and nickel‐copper properties and projects elsewhere in North America for potential acquisition opportunities.

Pacific North West Capital Corp. is an International Metals Group Company. (www.internationalmetalsgroup.com).

About SFA (Oxford) Limited

SFA (Oxford) is the world authority on the platinum-group metals market and other strategic commodities. The company is wholly independent. Its in-depth market research and integrity is underpinned by extensive consulting from mine to market to recycler, an unrivalled global industry network, and annual industry conferences.

With a team of nine dedicated PGM analysts, who have wide and varied industry expertise and knowledge, each one specialising in a core area of the value chain, as well as many internationally-based associates, SFA is able to provide their clients with answers to the most difficult questions affecting the future of the industry. They work with producers, refiners, recyclers, end-users, investors and governments, many of whom have remained loyal clients throughout more than a decade in the business.

On behalf of the Board of Directors

Harry Barr
Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements. This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

SOURCE Pacific North West Capital Corp.

Further Information: Tel: +1.604.685.1870, Fax: +1.604.685.8045, Email: [email protected], or visit www.pfncapital.com, Suite 650 – 555 West 12th Ave., Vancouver, B.C., Canada, V5Z 3X7Copyright CNW Group 2014

CLIENT FEATURE: DNA Precious Metals (DNAP: OTCQB) Production Target Fall 2014 with 7+ Year Mine Life In Quebec

Posted by AGORACOM-JC at 10:54 AM on Monday, July 28th, 2014

DNAP: OTCQB

Focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets.

Why DNA Precious Metals?

  • Company is 100% unhedged thus positioned to fully benefit from any future rise in precious metals prices
  • Main asset is the Montauban Tailings Mine Property located at Notre-Dame-de-Montauban in one of the world’s most favorable mining jurisdictions; the province of Quebec
  • Focused on the extraction of gold, silver and potentially, the industrial mineral mica (phogopite) from the approximate 2.5 million metric tons of historic mining residues (“residues”) situated in the Montauban area
  • Extraction of the valuable metals from the residues is a low cost process compared to the processing of ore.
  • Economic potential from the processing of the residues is approximately 174 million dollars

Competitive Edge

  • Sole mining company in Canada with its primary focus of bringing a tailings residue site into commercial production. The Company has “first mover advantage” in Quebec, and may expand into exploitation of other tailings sites throughout the province
  • Longer term potential is tailings exploitation nationally and in other jurisdictions.

The Montauban Project

Montauban, a series of advanced exploration claims, is located in the Portneuf County of Quebec, Canada. The project is situated approximately 120 km west of Quebec City and approximately 60 km north of Trois-Rivieres.

The project is accessible by vehicle through route 363 linking Saint-Marc des Carrieres, St- Casimir, Saint-Ubalde and Lac-aux-Sables, then following the route leading to Riviere-a-Pierre which cuts through the property.

Tailings

In July of 2010, 9215-8062 Quebec Inc. began a drilling campaign to evaluate the potential resources in the mining residues identified as “recent tailings” located on claims numbers; 5233236, 5233237, and 1037669. After receiving encouraging results from the initial drill campaign, 9215-8062 Quebec Inc. mandated Mr. Yves Gagnon, Engineer Geologist, to supervise a second drill campaign and to evaluate the Montauban Tailing resources by completing a National Instrument 43-101 compliant resource estimate.

Consequently, in January of 2011 Mr. Yves Gagnon Eng.Geo published the 43-101 Technical Report on the Resource Evaluation of the Montauban Tailings indicating the measured resources below. DNA Precious Metals Inc. is 100% owner of the sixty-five mining claims where the Montauban Tailings are located.

Historical tailings of approximately 2.5 million metric tons from past producers have been identified by multiple independent government reports for the Montauban Property. The tailings from those past producers in the Montauban Property area are;

Corporate Video

DNA Crypto Corp.

Company has recently announced that it has formed a wholly owned subsidiary under the laws of the State of Nevada called DNA Crypto Corp. The new subsidiary will seek to identify the best crypto currency mining opportunities in the US and Canada. Initially, DNA Crypto Corp. will focus on mining bitcoins which currently represents the world’s most popular crypto currency. Bitcoin has the biggest liquidity pool of all the crypto currencies with over 12.8 million bitcoins in circulation and with a market capitalization of $8.4 billion US. Well known investors like Marc Andreessen and innovative financial organizations like Second Market are firmly behind bitcoin and the potential for bitcoin to be transformative.

Stock Chart


AGORACOM FEATURE: (UBR: TSX-V) A Leader in High Purity Quartz Exploration in Quebec

Posted by AGORACOM-JC at 4:14 PM on Thursday, July 24th, 2014

UBR: TSX-V

Why Uragold Bay Resources?

  • High Purity Silica (HPS) and Silicon Metal which is used in large part in the aluminum industry
  • Has become one of today’s key strategic minerals with applications in high-tech industries that include semiconductors, LCD displays, fused quartz tubing, microelectronics, solar silicon applications and recently, Silicon Anode Lithium Batteries

Uragolds business model focuses on developing low-risk, low-cost gold mining operations while exploring on core properties that hold the potential of discovering world class gold deposits. The Company’s properties are located in Canada in the Appalachian region of the province of Quebec. The properties benefit from extensive historical exploration work and from well-established infrastructure thereby helping to reduce exploration risks.

Developing Quebec’s First Placer Gold Mine

Beauce Placer Gold Project is located in the municipality of Saint-Simon-les-Mines in the Beauce region of southern Quebec. The project has all the required environmental permits to start its operations, and is in the final stage for obtaining a 20 year mining lease for a placer gold mining operation. It will be Quebec’s first placer mine in 50 years.

The Company declared inferred resource of 23,000 oz. AU (741,000 m3 @ 0.97 g Au/ m3) on the Rang Chaussegros section. The importance of the nugget effect on the project potential is such that gold recovery could be between 23,000 (741,000 m3 @ 0.97 g Au/ m3) and 140 000 ounces (741,000 m3 @ 5.9 g Au/ m3), as per data derived from the historical mining figures.;

Developing an open pit gold mine in the Beauce

In April 2014, Uragold singed a definitive option agreement with Golden Hope Mines (“GNH”) concerning the advancement of the Bellechasse-Timmins (BT) Gold Deposit into a producing mine.

In August 2012, GNH published a resource estimate of an indicated resource of 313,900 ounces gold (2.9 million tonnes grading 3.36 g/t Au) and an inferred resource of 102,000 ounces gold (2.17 million tonnes grading 1.46 g/t Au) using a cut-off grade of 0.60 g/t. Furthermore, GNH’s many bulk-sampling campaigns revealed extensive areas of surface mineralization averaging approximately 3 g/t Au. Notable were sampled areas averaging up to 10 g/t Au (Trench 09A).

The Beauce Placer property and the Golden Hope Mines’ Bellechasse-Timmins (BT) Gold Deposit (which are both ‘nuggety’ type deposits) are located within Magog Group sediments. It should be noted that the Beauce gold project has a thick till in contrast to the Bellechasse-Timmins (BT) Gold Deposit where most of the till has been eroded away and exposed the outcrops. This suggests that both the Beauce and the Bellechasse/ Timmins deposits are genetically related – the Beauce being a placer deposit derived from an unknown Bellechasse/ Timmins type deposit.

Under the terms of the Option Agreement, Uragold will be responsible for obtaining all required permits, approvals, and documentation associated with going into production, in return for a 30% interest in the property. Uragold will then have 120 days to obtain project financing, which, if successful, will earn it a further 20% interest, giving Uragold a 50% interest in the B-T deposit. The companies will then form a Joint Venture (JV) for the operation of the mine, with Uragold serving as operator. GNH will have a carried interest into production, and will receive a 50% Net Proceeds Royalty (“NPR”) on the gold produced.

  • 38,000 meters drilled, 2010 to 2012
  • Gold Recovery:
    • Gravity separation up to 92%
    • Total gold (gravity + cyanidation) 99%
  • Less than 1% Bellechase-Belt explored
  • Located in the municipality of Saint-Magloire, in the Beauce region of Quebec
  • 1 ½ hour drive south of Quebec City
  • 3 ½ hours from Montreal
  • Accessible year round on all paved roads, close to urban infrastructures

Moe River Gold Property

The Moe River Property is located in the southwestern part of the Quebec Appalachians in the Eastern Townships region of the Province of Quebec.

The gold bearing gravels of the Moe river valley has attracted prospectors since the 1900. Between 1958 and 1962, Tamara Mining Limited worked in the Moe River area, under the direction of G. A. Blair, P.Eng. Blair defined a historical resource based on the volume of gravels in the terraces along the river. He concluded that there were between 45 to 48 million cubic yards of material in all of the terraces containing a total of 400,000 ounces of placer gold.

Hub On AGORACOM / Corporate Profile / Corporate Website

 

Liberty Star Uranium & Metals Corp. Message to Shareholders

Posted by AGORACOM-JC at 3:53 PM on Thursday, July 24th, 2014

Message to Shareholders

July 24, 2014

The need for a continuous, secure supply of rare earth elements is widely reported. The rare earths mining industry is responding to this need, including Liberty Star; we seek to explore and develop the large (7 – 9 sq mile) rare earth metals anomaly discovered at Hay Mountain in southeast Arizona.

In that endeavor we have engaged a lobbying group, VogelHood Research (NR 181) to bring the Liberty Star REE story before the appropriate congressional subcommittees. Yesterday we submitted Testimony for the Record to the House Subcommittee on Energy and Mineral Resources for the July 23rd hearing on “American Metals and Mineral Security: An examination of the domestic critical minerals supply and demand chain.” Mineweb covered the hearing – Dorothy Kosich “Coherent national mineral policy a must for U.S. manufacturing, Congress told”

Liberty Star’s website includes several links to news, educational articles and videos reinforcing our aim to concentrate on the exploration of the REE anomaly at Hay Mountain.
Summary of REE information shared on our website:

Videos:

Short overview on the uses and the looming shortage of REEs. Good if you only have 3 minutes for the issue: DNews hosted by Anthony Carboni, Why We Need Rare Earth Elements
Commentary and information about the military uses of REEs by metals expert commentator/consultant Jack Lifton. This video was produced by Ucore, the owners of the rare earth Bokan Mountain Mine (AK): ucoreTV: Jack Lifton – USDOD & Ucore

Links:

Rare earth elements are required for a wide variety of modern electronic, autos and weapons systems: Uses of REEs Courtesy of American Elements Liberty Star’s Jim Briscoe used this graphic in in his article, About Rare Earth Elements Both were submitted as Testimony for the Record to the House Committee on Natural Resources Subcommittee on Energy and Mineral Resources Hearing on “American Metals and Mineral Security: An examination of the domestic critical minerals supply and demand chain” (NR 184)

According to US Geological Survey officials, rare earth elements bonanza in the USA:

Arizona could become a center for REE mining:

University of Arizona Department of Mining and Geologic Engineering Head, Professor Mary Poulton and Arizona Geologic Survey Director and State Geologist Lee Allison comment: Nathan O’Neal KVOA.com ‘Rare earth’ mineral could mean revival for Arizona’s mines Lee Allison Arizona Geology: Blog of the State Geologist of AZ Rethinking rare earth element potential in Arizona

Liberty Star Uranium & Metals Corp. trades as LBSR: OTCQB
Contact:
Agoracom Investor Relations
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

CORRECTING and REPLACING Liberty Star Submits Testimony to US House of Representatives Committee on Natural Resources RE: Strategic Rare Earth Elements

Posted by AGORACOM-JC at 4:59 PM on Wednesday, July 23rd, 2014

CORRECTION…by Liberty Star Uranium & Metals Corp.

TUCSON, Ariz.–()–Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

LIBERTY STAR SUBMITS TESTIMONY TO US HOUSE OF REPRESENTATIVES COMMITTEE ON NATURAL RESOURCES RE: STRATEGIC RARE EARTH ELEMENTS

Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce written Testimony for the Record has been submitted to the US House of Representatives Committee on Natural Resources Subcommittee on Energy and Mineral Resources for the July 23rd hearing on ”American Metals and Mineral Security: An examination of the domestic critical minerals supply and demand chain.”

CEO/Chief Geologist Jim Briscoe’s address to Shareholders “About Rare Earth Elements” (August 7, 2013) is included in the testimony.

Briscoe’s opening remarks are also included in the Testimony for the Record:

“I am founder, CEO and Chief Geologist of Liberty Star Uranium & Metals Corp., an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Last year I addressed the shareholders of the company regarding the urgent and continuously growing need for rare earth elements (REEs) by industry and the military. I submit that communication here today for the subcommittee’s reviews.

Before presenting that communication, I would like to give the Committee some background on what I believe could be a large and reliable source of rare earth elements in southeast Arizona. While more exploratory work is required, my company discovered the presence of at least 4 of the 17 REEs while conducting geochemical surveys for copper and gold in southeast Arizona, near Tombstone, Arizona, in an area we call the Hay Mountain Project.

In May 2012 we reported via news release (NR 122): ”A surprising presence of rare earth elements (REEs) has been defined over a large area (7 to 9 square miles). This was completely unexpected and justifies further study. The REEs we assayed for are among the 17 REEs now known, are strongly anomalous, and are scandium, yttrium, lanthanum, and cerium. The other 13 known REEs were not included in our assay process. In due course we will re-assay the samples for these additional REEs.”

While previously only small insignificant amounts of REEs had been detected throughout the state, this finding in a new area of mineral exploration could introduce high tech and environmentally sensitive mining to southeast Arizona and would include other strategic metals. The Hay Mountain Project will be primarily a copper mine that would also produce gold, silver, molybdenum, zinc, lead and REEs—all strategic metals required for the 21st Century economy and beyond.”

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

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

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]

AGORACOM Welcomes Uragold Bay Resources (UBR: TSX-V) A leader in High Purity Quartz Exploration in Quebec, Also Developing Quebec’s First Placer Gold Mine

Posted by AGORACOM-JC at 10:41 AM on Friday, July 18th, 2014

UBR: TSX-V

Why Uragold Bay Resources?

  • High Purity Silica (HPS) and Silicon Metal which is used in large part in the aluminum industry
  • Has become one of today’s key strategic minerals with applications in high-tech industries that include semiconductors, LCD displays, fused quartz tubing, microelectronics, solar silicon applications and recently, Silicon Anode Lithium Batteries

Uragolds business model focuses on developing low-risk, low-cost gold mining operations while exploring on core properties that hold the potential of discovering world class gold deposits. The Company’s properties are located in Canada in the Appalachian region of the province of Quebec. The properties benefit from extensive historical exploration work and from well-established infrastructure thereby helping to reduce exploration risks.

Developing Quebec’s First Placer Gold Mine

 

 

 

 
Beauce Placer Gold Project is located in the municipality of Saint-Simon-les-Mines in the Beauce region of southern Quebec. The project has all the required environmental permits to start its operations, and is in the final stage for obtaining a 20 year mining lease for a placer gold mining operation. It will be Quebec’s first placer mine in 50 years.

The Company declared inferred resource of 23,000 oz. AU (741,000 m3 @ 0.97 g Au/ m3) on the Rang Chaussegros section. The importance of the nugget effect on the project potential is such that gold recovery could be between 23,000 (741,000 m3 @ 0.97 g Au/ m3) and 140 000 ounces (741,000 m3 @ 5.9 g Au/ m3), as per data derived from the historical mining figures.;

Developing an open pit gold mine in the Beauce

In April 2014, Uragold singed a definitive option agreement with Golden Hope Mines (“GNH”) concerning the advancement of the Bellechasse-Timmins (BT) Gold Deposit into a producing mine.

In August 2012, GNH published a resource estimate of an indicated resource of 313,900 ounces gold (2.9 million tonnes grading 3.36 g/t Au) and an inferred resource of 102,000 ounces gold (2.17 million tonnes grading 1.46 g/t Au) using a cut-off grade of 0.60 g/t. Furthermore, GNH’s many bulk-sampling campaigns revealed extensive areas of surface mineralization averaging approximately 3 g/t Au. Notable were sampled areas averaging up to 10 g/t Au (Trench 09A).

The Beauce Placer property and the Golden Hope Mines’ Bellechasse-Timmins (BT) Gold Deposit (which are both ‘nuggety’ type deposits) are located within Magog Group sediments. It should be noted that the Beauce gold project has a thick till in contrast to the Bellechasse-Timmins (BT) Gold Deposit where most of the till has been eroded away and exposed the outcrops. This suggests that both the Beauce and the Bellechasse/ Timmins deposits are genetically related – the Beauce being a placer deposit derived from an unknown Bellechasse/ Timmins type deposit.

Under the terms of the Option Agreement, Uragold will be responsible for obtaining all required permits, approvals, and documentation associated with going into production, in return for a 30% interest in the property. Uragold will then have 120 days to obtain project financing, which, if successful, will earn it a further 20% interest, giving Uragold a 50% interest in the B-T deposit. The companies will then form a Joint Venture (JV) for the operation of the mine, with Uragold serving as operator. GNH will have a carried interest into production, and will receive a 50% Net Proceeds Royalty (“NPR”) on the gold produced.

  • 38,000 meters drilled, 2010 to 2012
  • Gold Recovery:
    • Gravity separation up to 92%
    • Total gold (gravity + cyanidation) 99%
  • Less than 1% Bellechase-Belt explored
  • Located in the municipality of Saint-Magloire, in the Beauce region of Quebec
  • 1 ½ hour drive south of Quebec City
  • 3 ½ hours from Montreal
  • Accessible year round on all paved roads, close to urban infrastructures

Moe River Gold Property

The Moe River Property is located in the southwestern part of the Quebec Appalachians in the Eastern Townships region of the Province of Quebec.

The gold bearing gravels of the Moe river valley has attracted prospectors since the 1900. Between 1958 and 1962, Tamara Mining Limited worked in the Moe River area, under the direction of G. A. Blair, P.Eng. Blair defined a historical resource based on the volume of gravels in the terraces along the river. He concluded that there were between 45 to 48 million cubic yards of material in all of the terraces containing a total of 400,000 ounces of placer gold.

12 Month Stock Chart

AGORACOM Welcomes DNA Precious Metals (DNAP: OTCQB) Near Term PRODUCER, production target fall 2014 with 7+ Year Mine Life In Quebec

Posted by AGORACOM-JC at 9:55 AM on Tuesday, June 24th, 2014

DNAP: OTCQB

Focused on near term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets.

Why DNA Precious Metals?

  • Company is 100% unhedged thus positioned to fully benefit from any future rise in precious metals prices
  • Main asset is the Montauban Tailings Mine Property located at Notre-Dame-de-Montauban in one of the world’s most favorable mining jurisdictions; the province of Quebec
  • Focused on the extraction of gold, silver and potentially, the industrial mineral mica (phogopite) from the approximate 2.5 million metric tons of historic mining residues (“residues”) situated in the Montauban area
  • Extraction of the valuable metals from the residues is a low cost process compared to the processing of ore.
  • Economic potential from the processing of the residues is approximately 174 million dollars

Competitive Edge

  • Sole mining company in Canada with its primary focus of bringing a tailings residue site into commercial production. The Company has “first mover advantage” in Quebec, and may expand into exploitation of other tailings sites throughout the province
  • Longer term potential is tailings exploitation nationally and in other jurisdictions.

The Montauban Project

Montauban, a series of advanced exploration claims, is located in the Portneuf County of Quebec, Canada. The project is situated approximately 120 km west of Quebec City and approximately 60 km north of Trois-Rivieres.

The project is accessible by vehicle through route 363 linking Saint-Marc des Carrieres, St- Casimir, Saint-Ubalde and Lac-aux-Sables, then following the route leading to Riviere-a-Pierre which cuts through the property.

Tailings

In July of 2010, 9215-8062 Quebec Inc. began a drilling campaign to evaluate the potential resources in the mining residues identified as “recent tailings” located on claims numbers; 5233236, 5233237, and 1037669. After receiving encouraging results from the initial drill campaign, 9215-8062 Quebec Inc. mandated Mr. Yves Gagnon, Engineer Geologist, to supervise a second drill campaign and to evaluate the Montauban Tailing resources by completing a National Instrument 43-101 compliant resource estimate.

Consequently, in January of 2011 Mr. Yves Gagnon Eng.Geo published the 43-101 Technical Report on the Resource Evaluation of the Montauban Tailings indicating the measured resources below. DNA Precious Metals Inc. is 100% owner of the sixty-five mining claims where the Montauban Tailings are located.

Historical tailings of approximately 2.5 million metric tons from past producers have been identified by multiple independent government reports for the Montauban Property. The tailings from those past producers in the Montauban Property area are;

Corporate Video

DNA Crypto Corp.

Company has recently announced that it has formed a wholly owned subsidiary under the laws of the State of Nevada called DNA Crypto Corp. The new subsidiary will seek to identify the best crypto currency mining opportunities in the US and Canada. Initially, DNA Crypto Corp. will focus on mining bitcoins which currently represents the world’s most popular crypto currency. Bitcoin has the biggest liquidity pool of all the crypto currencies with over 12.8 million bitcoins in circulation and with a market capitalization of $8.4 billion US. Well known investors like Marc Andreessen and innovative financial organizations like Second Market are firmly behind bitcoin and the potential for bitcoin to be transformative.

DNA Precious Metals, Inc. Completes Montauban Mine Property Acquisition With Tectonic Resources

Posted by AGORACOM-JC at 8:30 AM on Friday, June 20th, 2014

MONTREAL, June 20, 2014 — DNA Precious Metals, Inc. (“DNA” or “the Company”) (OTCQB: DNAP) today announced that the Company has completed the acquisition for an undivided one hundred percent (100%) interest in all of the Montauban Mine Property mining claims of Tectonic Resources. The newly-acquired 57 contiguous mining claims (“Mineral Claims”) cover an approximate surface area of 2,560 hectares.

These new mining assets represent another significant expansion to DNA’s currently 100% claimed Montauban Mine Property mining claims. The Mineral Claims acquisition solidifies the Company’s Montauban Mine Property bundle, while expanding exploration and mining potential. Highlights of historical selected grab samples include 17.14% Zinc, 483 g/t Ag and 14.96% Zinc and 1.92% Lead.

“We are extremely excited with this latest acquisition as it provides the Company with the potential to significantly increase the Company’s long-term exploration program while enhancing the investment value of these mining claims,” said James Chandik, President & Chief Executive Officer of DNA Precious Metals, Inc.

About DNA Precious Metals, Inc.

DNA Precious Metals, Inc. is focused on near-term production of the Montauban tailings mine in the Province of Quebec, Canada with an aggressive search for economic production assets. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to www.DNAPreciousMetals.com.

On Behalf of the Company

James Chandik, President & Chief Executive Officer.

Forward Looking Disclaimer

This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts’ expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company’s future stock price, its revenues or results of operations.

Contact Information

James Chandik
DNA Precious Metals, Inc.
+1-514-852-2111
[email protected]
Twitter: www.twitter.com/dnametals
Facebook: www.facebook.com/dnametals

SOURCE DNA Precious Metals Inc.