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Liberty Star Announces, New Wholly Owned Subsidiary Hay Mountain Super Project LLC, Potential Funder Site Visit and Agreement on North Pipes Super Project Lease Option

Posted by AGORACOM-JC at 9:39 AM on Monday, November 10th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce progress on various matters:

“Liberty Star is moving forward to capitalize on the hard work it has expended over a number of years. We have a very positive outlook about our future as a result of these recent and ongoing developments.”

1. The Company has filed Articles of Organization with the Arizona Corporation Commission forming a wholly owned subsidiary named Hay Mountain Super Project LLC (“HMSP LLC” or the “Subsidiary”). The new Subsidiary is to manage Liberty Star’s premiere multi-target exploration property, the Hay Mountain Project, in southeast Arizona’s historic Tombstone mining district (Cochise County) for porphyry copper, gold, moly, silver, REEs and other associated metals. HMSP LLC will serve as the primary holding company for development of the potential ore bodies encompassed in the Hay Mountain area of interest covering some 42 square miles as identified by the extensive geological, geochemical and geophysical work, including ZTEM, performed to date. This is the first step toward establishing a corporate structure that will maximize operational and tax efficiencies, and enable the transfer of profits to Liberty Star Uranium & Metals Corp. where tax loss carry forwards can be used against positive cash flow, if any, from previous exploration expenses, while at the same time preserve the flexibility to engage joint enterprise investors in the independent development of multiple Hay Mountain targets as drilling verifies their candidacy as potential economically viable mining operations. Funding and management of the Hay Mountain Project and other Liberty Star surface studied and/or claimed lands totaling 42 square miles in the area will be administered through the Subsidiary.

Comments Jim Briscoe, Liberty Star’s CEO and Chief Geologist: “This progress toward assembling the corporate machinery forming the basis for attracting and engaging qualified joint enterprise investors to participate in developing the potentially extraordinary mineral content of the Hay Mountain properties, as documented in prior Liberty Star press releases, is a milestone event in Liberty Star’s growth. I am pleased and excited with our establishing this threshold into the next phase of revealing Hay Mountain’s potential as a world class mining district.”

2. Liberty Star announces that the Company’s CEO/Chief Geologist Jim Briscoe and Director (mining engineer-attorney) Brett Gross will host a three day visit including a two day site visit to the Hay Mountain Project area for a potential funder from the Arabian Peninsula who has signed a non-disclosure agreement. This trip is tentatively planned before Thanksgiving, dependent only on US entry visa and travel arrangements. Accompanying the two parties will be an independent geologist/porphyry copper expert hired by the guest as well as an arms- length Registered Professional Geologist (RPG) who is experienced in a particular (classic) porphyry copper skarn deposit in the SW USA, participated in intensive postgraduate study of porphyry copper skarn deposits and has used vegetation geochemistry like that used by Liberty Star at Hay Mountain (and supervised by our Technical Board Member – and Geochemist, Shea Clark Smith) and is familiar with distal halos of the Hay Mountain type skarn mineralization. In addition to the Hay Mountain Project area, the visit will include ASARCO’s Mission Mine and the Bisbee mining district, both of which are corollaries to Hay Mountain (exposed rather than covered). The tour will also include two other similar porphyry copper drilling projects and one small porphyry copper production facility with exploration potential. During the trip in this mineral rich area there will also be viewings of dormant porphyry copper, gold and silver mines, including Tombstone itself. These sites, all within a 60 mile radius of the Hay Mountain Project, will demonstrate and solidify the similarity of other large porphyry copper operations to the as yet undrilled Hay Mountain which lies hidden beneath shallow cover. The trip will take two days and a 3rd day is reserved for a second review of the technical details of the Hay Mountain data, and discussion of Joint Venture parameters.

3. The final Archaeological Assessment document has been finished by the Company’s contractor Antigua Archaeology LLC, and was submitted to the Arizona State Land Department (ASLD) for their final approval on November 5, 2014. No significant archaeological material was found and the report recommends approval of our proposal as written. According to the ASLD, response time is dependent on the length of the queue but should take place in 30 to 90 days. This is the final step in the long approval process. When ASLD final approval is received, Liberty Star is ready to drill as soon as funding is in place.

4. The Company is getting more expressions of interest every day and expects to make additional presentation trips as described in number 2 until Phase 1 financing is attained. Currently there are three seemingly qualified entities that have expressed strong interest.

5. For more than a year, lengthy negotiations have been ongoing with Genesis Group International Inc. to option the North Pipes Super Project (uranium) which lies just south of the Utah border. Genesis has developed a unique, proprietary type of equipment and process to mining breccia pipe type vertical mineral ore bodies. The Company has executed a letter agreement subject to formal legal drafting. This will involve an exchange of Liberty Star’s real property and intellectual property pertaining to the North Pipes/ Arizona Strip properties. In exchange Liberty Star will receive a significant monthly payment toward retirement of its expenditures on the North Pipes Project. It will also receive a gross royalty (NSR – Net Smelter [mill return] Royalty type, which is common in the mineral industry) on production that would result from all metal commodities coming from any mining of the pipes. It is expected that this could commence in about six months from now, at which time full financial and state support will become available. Profitable operation of the breccia pipes even at current low uranium prices is anticipated from this rapid and unique mining equipment and approach.

Concludes Briscoe: “Liberty Star is moving forward to capitalize on the hard work it has expended over a number of years. We have a very positive outlook about our future as a result of these recent and ongoing developments.”

“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 ASLD approval and financing for phase 1 drilling; that our project is prospective for many minerals; that we will be able to attract a partner/investor for the North Pipes uranium program; that our project will be profitable; and that we can come to a final agreement with Genesis. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals or our Archeological Assessment 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 proposals are 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 last 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

View: Introduction to Hay Mountain Project Presentation

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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Garibaldi Arranges $1 Million Financing to Fast Track Drilling at High-Grade Discovery in Mexico

Posted by AGORACOM-JC at 9:41 AM on Friday, November 7th, 2014

VANCOUVER, Nov. 7, 2014 – Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.20 per unit (see details below) for total gross proceeds of up to $1 million. Proceeds of the financing will be used to immediately expand current drilling and exploration programs following up on a growing high-grade discovery at its 100%-owned Rodadero North Silver-Gold Project in central Sonora State, Mexico, and for general working capital purposes.

“We effectively leveraged our previous discovery in Mexico (the Temoris option) to avoid any dilution to our share structure since 2009,” commented Steve Regoci, Garibaldi President and CEO. “Our management, geological and advisory board teams now see Rodadero as an even greater opportunity than Temoris given the scale of the project, the high grades returned to date from drilling and sampling, and the near-surface nature of the silver, gold and base metal mineralization.

“We believe we’re seeing the emergence of a new mineral camp in this part of Sonora State which commands a rapid increase in the pace of drilling and exploration.

“As we continue to get very encouraging signs from ongoing drilling at Silver Eagle, where discovery hole SE-14-01 returned an exceptional and shallow 7-meter intercept grading 2,010 g/t Ag, we’ve also completed plans for 9 proposed drill holes at Tarichi, 2.5 km to the southeast where the exploration target is a near-surface high-grade silver and gold system. Tarichi is the second of 11 high priority areas outlined at Rodadero North over a 10-km long, 5-km wide corridor. Hyperspectral ‘hot spots’ and extensive mapping and sampling results suggest a possible structural linkage among at least some of these 11 separate targets that are each highly mineralized at surface.”

True width of the bonanza grade discovery in SE-14-01 is estimated to be approximately 80% of the reported interval (see October 23 news release for latest drilling and exploration highlights from Rodadero North).

Private Placement Details

The proposed private placement will consist of an offering of units of the Company’s securities at a price of $0.20 per unit. Each unit will contain one common share in the capital of the Company and one non-transferable share purchase warrant with each warrant entitling the holder to acquire one additional common share of the Company at a price of $0.30 for a period of two years. Finders’ fees in cash and/or securities will be payable with respect to the private placement.

The private placement is subject to acceptance for filing by the TSX Venture Exchange.

Corporate Fact Sheet

To view the updated Fact Sheet for Garibaldi Resources, please visit the following URL:

http://www.garibaldiresources.com/i/pdf/GGI_Factsheet.pdf

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 Desorrollo Minera 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.

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St Greorges Platinum Signs Option Agreement with Exploration Khalkos Inc.

Posted by AGORACOM-JC at 9:08 AM on Thursday, September 25th, 2014

Montreal, Quebec /September 25, 2014 / St-Georges Platinum & Base Metals ltd (OTCQX: SXOOF) (CSE: SX) (FSE: 85G1) is pleased to announce that it has entered into an agreement to acquire the exclusive rights to the Poissons Blancs Nickel-Copper-Cobalt Property in Quebec from Khalkos Exploration Inc. (TSX-V:KAS).

The Poissons Blancs Property

The property consists of 93 contiguous mineral claims for a total area 5225 hectares located in the Saguenay Lac St-Jean region. The deposit was discovered in the 1970’s with most exploration work carried out at the end of the 1980’s. It is deemed to contain historic resources of 5.9 million tonnes at a grade of 0.21% Nickel, 0.11% Copper and 0.03% Cobalt (non-NI 43-101 compliant).

To acquire the Poissons Blancs property, St-Georges Platinum agreed to issue 800,000 shares of its capital over a period of 4 years starting in the Fall of 2015. Furthermore St-Georges agreed to transfer to Exploration Khalkos Inc. the Cooper Lake Project (Villebon East) which is comprised of 9 mineral claims in Abitibi, Quebec.

The parties agree to establish the commercial value of the Cooper Lake Claims and the Poissons Blancs Property at CAD450,000 each. A 1.0% NSR in favour of each company was assigned to their respective properties, the latter being exercisable at any time and half of the royalty can be purchased for the sum of CAN $500,000. St-Georges will establish an exploration strategy for this project and will be planning some exploration work for next spring and summer.

OTHER CORPORATE MATTERS

Julie Nickel-Copper-Cobalt & PGE Project

The Company has initiated permitting for a medium size drilling campaign along the section of its project referred to as the Julie Corridor. Samples from the fall 2013 surface campaign (channel cuts and surface drill cores) will be ready for lab analysis later this fall. St-Georges’ geological team is planning a campaign in two phases aimed at maximizing the project value. The first phase would be limited to a shallow drilling campaign targeting the 1.8 km corridor mineralized at surface. The goal of this campaign is to test for nickel mineralization at depths of maximum 50 meters along the 1.8 km target zone.

A second drilling and mapping phase of larger magnitude is planned to follow in early spring of 2015.

Isoukustouc Project

The Company is reviewing its options for Isoukustouc. Different groups have shown interest and limited due diligence has been initiated. At this time there is no serious discussions regarding either a sale, option or Joint-Venture on this project and the Company is still entertaining any third party proposal that would bring value to its shareholders.

Zambian Copper-Cobalt Acquisition

The Company is still involved in negotiations to acquire one or more large projects in Zambia near or in production. Different local vendors have shown renewed interest to enter a beneficial agreement with St-Georges but the Company’s management considers these discussions as “early-stage” and cannot comment on when or if they will have a positive conclusion in the short term.

Robert Gagnon, P.Geo is the independent qualified person who reviewed the geological information contained in this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

“Joel Scodnick”

Joel Scodnick, P.Geo

Vice-President Exploration

About St-Georges

St-Georges is a Platinum-Palladium & Nickel explorer with projects in the Province of Quebec, Canada. 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. Its Flagship project is the Julie Nickel-Cobalt & Platinum Project on Quebec’s North Shore near the deep-seaport town of Baie-Comeau.

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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INTERVIEW: Garibaldi (GGI: TSX-V) discusses surface sampling which recently returned high-grade silver up to 8,000 g/t Ag + high-grade gold up to 52.6 g/t Au

Posted by AGORACOM-JC at 4:56 PM on Wednesday, September 24th, 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.

Hub On AGORACOM / Corporate Profile / Watch Interview!

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CLIENT FEATURE: Garibaldi (GGI: TSX-V) Surface sampling recently returned high-grade silver up to 8,000 g/t Ag + high-grade gold up to 52.6 g/t Au

Posted by AGORACOM-JC at 11:02 AM on Tuesday, September 23rd, 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.
  • Phase 2 diamond drilling continues, surface sampling results from mineralized outcrops indicate continued high silver values in addition to a significant increase in base metal content (up to 14.9% lead and 1.8% zinc) 1.5 km to 3 km south of discovery hole SE-14-01.

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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INTERVIEW: Garibaldi Resources Goes “Beyond The Press Release” to Discuss Bonanza Grade Silver Results

Posted by AGORACOM-JC at 3:12 PM on Friday, May 23rd, 2014

GGI: TSX-V

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.

  • $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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Garibaldi drills bonanza grade silver near-surface at Silver Eagle target – 2,010 g/t Ag (65 oz/ton) over 7 meters

Posted by AGORACOM-JC at 8:08 AM on Wednesday, May 14th, 2014

Photo_Asset_1
VANCOUVER, May 14, 2014 /CNW/ – Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to report that it has intersected exceptionally high silver grades within 30 meters of surface in first-ever drilling at the Company’s 45 sq. km Rodadero North Project in central Sonora State, Mexico. A second drill hole has started.

Highlights:

  • First hole at Silver Eagle target (SE-14-01) returned 2,010 g/t Ag (65 oz/ton) over 7 meters (23.1 feet) including 3 meters (9.9 feet) grading 4,565 g/t Ag (147 oz/ton);
  • A 50-meter step-out hole to the south of SE-14-01 has commenced;
  • Garibaldi’s exploration team has identified 7 high-priority targets in addition to Silver Eagle at Rodadero North – data compilation and regional work continues.

Steve Regoci, Garibaldi President and CEO, commented: “We’re excited with these initial drill results at Rodadero where we have made very effective use of hyperspectral remote sensing technology to outline a broad area of prospective targets. Given these numbers from Rodadero, and our recent solid drill results at La Patilla, we are moving at an accelerated pace in Mexico. In northwest British Columbia, we are extremely encouraged by the near-term discovery potential of our flagship Grizzly Project that covers more than half of the Sheslay Cu-Au porphyry district mineralized corridor. Garibaldi is uniquely positioned in two friendly jurisdictions to build shareholder value.”

Silver Eagle Target, Rodadero North

The first hole at Silver Eagle, drilled with Garibaldi’s company-owned rig, was designed to follow up on surface sampling along a silicified zone. DDH SE-14-01 intersected a strongly mineralized 7-meter zone.

Significant assay results, DDH SE-14-01:

Hole From (m) To (m) Width (m) Ag (g/t) Ag (oz/t) Au (g/t)
SE-14-1 19.5 26.5 7.0 2,010 65 0.42
includes 21.5 24.5 3.0 4,565 147 0.94
includes 21.5 22.5 1.0 7,633 245 1.5

At the present time, the geometry of the mineralized system is not known and true width for the drill intercepts remains to be determined. The widths given are downhole core lengths. The cut-off for the 7-meter intercept is 20 g/t Ag. The hole was drilled to a length of 100 meters.

The Silver Eagle target is an apparently flat lying silicified body that alters the upper parts of a conglomerate unit that overlies andesitic volcanic rocks. The silicified body is cut by several silver-bearing fractured zones that may reflect feeders to the silicified ‘cap’.

“We eagerly anticipate results from this next hole at Silver Eagle,” added Regoci. “In Mexico we’re also preparing for follow-up drilling at La Patilla and initial drilling at Iris. We have low exploration and drilling costs in Mexico, and these are also partly offset by continued royalty income from our pilot coal program at the Tonichi Project.”

Rodadero North & Rodadero South Target Areas

The Rodadero region hosts multiple precious metal occurrences over several tens of kilometers. Garibaldi has identified seven other targets at Rodadero North – Rambo, La Guata, Batuc, La Fortuna, La Colorada, Tarichi and Igualama – through mapping, sampling and the use of the Company’s proprietary hyperspectral database. To date, two targets have also been outlined at Rodadero South, where less exploration has been carried out, approximately five kilometers southeast of Rodadero North. A map showing the two project areas and targets is attached with this release and will be posted at www.GaribaldiResources.com in the Mexico “Projects” section under “Rodadero”. Alamos Gold’s Mulatos mine and Agnico Eagle’s La India mine are approximately 90 kilometers to the southeast.

Live Webinar and Corporate Video

Garibaldi will be conducting a live investor Webinar Wednesday, May 21, beginning at 1:15 p.m. Pacific (4:15 pm Eastern) through MarketSmart Communications Inc., official investor relations for Garibaldi. Log-in instructions for this presentation can be found on the Garibaldi homepage (www.GaribaldiResources.com).

Garibaldi is also pleased to announce the release of an updated short corporate presentation (video). You can view the video by going to the following web site URL:

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

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) performed assay analyses on core reported in this release, and ALS Global (formerly ALS Chemex) performed analyses on rock samples. All samples were assayed using certified and industry standard assay techniques for gold and multi-element packages and for over-limits. Au was analyzed by 30 or 50 gram fire assay with an atomic absorption finish, and other elements were 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 Desorrollo Minera 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.

Image with caption: “Garibaldi drills bonanza grade silver near-surface at Silver Eagle target, Rodadero (CNW Group/Garibaldi Resources Corp.)”. Image available at: http://photos.newswire.ca/images/download/20140514_C8286_PHOTO_EN_40292.jpg

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

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AGORACOM CEO Interview Leadership Series – Gary Monaghan, UC Resources

Posted by AGORACOM-JC at 12:01 PM on Wednesday, August 7th, 2013

George and Allan go via Satellite with silver producer UC Resources and its CEO, Gary Monaghan, to discuss:

  • Bucking The Trend … Leadership Principals of UC Resources
  • Why “Standing Still” Is A Death Sentence For TSX Venture Companies
  • How Problem Solving Is Always A Necessary Function Of Progress
  • The Current State Of UC Resources Production
  • When UC Resources Expects To Hit 200t/day In Production
  • The State Of Silver

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FEATURE: Santo Mining (SANP:OTCQB) To Become Mexico’s Next Gold and Silver Producer

Posted by AGORACOM-JC at 4:23 PM on Tuesday, June 18th, 2013

                                           

                                                                                          SANP: OTCBB

THREE REASONS WHY SANTO MINING?

  1. Three claims next to Barrick Gold in the mineral rich Dominican Republic
  2. Charles claim 1 mile from Goldquest’s 2012 monster gold discovery
  3. Company to start producing gold and silver in Mexico
NEW GOLD AND SILVER MINING DEAL ANNOUNCED IN MEXICO
  • Entered into a definitive long-term license agreement to develop and mine its three metallic concessions located at Ocampo, Coahuila, Mexico
  • Inferred resource tonneage: 3M mt at 3.17 g/t gold and 57.3 g/t silver
  • Inferred resource ounces: 306K oz gold and 5.5 M oz silver
  • Open-pit mining with truck access to highway
  • Impressive grades up to 8.581 g/t Gold and 148.1 g/t Silver
  • Most entitlements are in place including the environmental permit.

DOMINICAN REPUBLIC OPERATIONS

To give a sense of the scale of the opportunity, consider the following:

  • Pueblo Viejo gold-silver deposit (Barrick/ Goldcorp JV), estimated to contain 23.7 million ounces of gold. There has been documented mining activity here going back to the Spaniards in 1505. Sulphide mining operations here produce more than 450 ounces of gold and 1,800 ounces of silver every day.
  • Falcondo ferronickel mine, which can produce 29,000 tons of nickel each year.
  • Perilya’s Cerro de Maimón copper-gold mine, which constitutes a 6 million ton open-pit copper/gold reserve.

$16 Million Equity Enhancement Program Underway

  • Program allows, but does not obligate, the Company to issue and sell up to $16 million of shares of common stock to the Investor Hanover Holdings NY from time to time over the 36-month period

Charles Claim

This highly prospective claim is located above San Juan in western Dominican Republic and planted in the heart of the mineral rich “Tireo Formation.”

  • Charles Claim borders Goldquest’s renowned La Escandalosa claim where in 2012 three bonanza drill intercepts were reported as being the largest gold discovery in the Dominican Republic in 20 years.
  • The Company continues its positive growth, adding yet another quality claim to its portfolio of exploration concession applications and its focus on near-term gold production opportunities.
  • Santo Mining finalizing due diligence on remaining four claims that immediately wrap around Goldquest.
  • Exploration team yielded a series of results up to 10.79 g/t Silver and +1.0% Copper


Richard Claim

The company recently announced that it has signed a definite agreement to acquire 100% of the Richard gold exploration application.

  • located just 200 meters southeast of Barrick gold in the mineral-rich “Los Ranchos” geological formation of the Hispaniola Gold-Copper Back-Arc.
  • This definitive agreement is part of the Company’s aggressive expansion of its portfolio of precious and base metal exploration concession applications assets in its quest for near-term production opportunities.
  • Shallow Diamond Core Drilling Targets to sample the underlying bed rock awaiting permitting

During the last five months Santo Mining’s field exploration team led by Elpidio Moronta conducted due diligence on the Richard Claim consisting of property wide reconnaissance surveys, including stream sediment sampling and surface soil geochemistry. Early in 2013 the exploration team sent soil, sediment and rock samples to Acme Laboratories for multi-element trace analysis. The laboratory results have potentially identified two zones of gold, silver, and copper anomalies. The principal gold zone is located in the northwest quadrant of the Richard Claim, approximately 500 meters east of Barrick Gold’s Pueblo Viejo boundary. The exploration team is currently in the field conducting a “detailed” surface soil geochemistry survey and rock sampling to better define a series of shallow drill targets.

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Oremex Silver Hosts Portfolio of Silver Projects With an Inferred Mineral Resource of 50.8 Million Ounces *(ad client)

Posted by AGORACOM-JC at 12:46 PM on Wednesday, April 24th, 2013

The company has a portfolio of silver projects with an inferred mineral resource of 50.8 million ounces of silver at its Tejamen deposit. All of Oremex Silver’s projects are located in democratic, mining-friendly jurisdictions.

Additional Information on Oremex Silver
Additional Information on Oremex Silver Projects

PRESENTATION

 

FACTSHEET


 

About Oremex Silver

  • Oremex Silver Inc. (previously Oremex Resources Inc.) is a Canadian-based, pure
    silver focus, exploration and development company with mineral properties located in
    highly productive mineralized belts in Mexico
  • Portfolio of four silver projects includes mineral resource of 50.8M oz. of
    silver with P.E.A. at the Tejamen project
    • Visit Projects for additional information.
  • All projects are in mining, capital-friendly jurisdictions
  • Experienced Board of Directors and Management Team
    • Successful track record of exploration, development, discovery and mine
      building in Mexico with seasoned ability for new project evaluation and
      acquisition

Corporate Website / Hub on AGORACOM

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