Liberty Star Minerals Receives Arizona State Land Department Approval of Geologic Field Operations Plan 041-127355
Qualifying work under the approved plan counts toward annual exploration spending requirements for maintaining the mineral permit.
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Rhea-AI Summary
Liberty Star Minerals (OTCQB: LBSR) received Arizona State Land Department approval for surface exploration at its Red Rock Canyon Gold Project. Geologic Field Operations Plan 041-127355 authorizes mapping, outcrop sampling and panning across 40 acres on Mineral Exploration Permit 08-124527, effective immediately through November 14, 2027.
The company intends to begin fieldwork now that required notifications are complete, using up to ten collection zones to trace gold-bearing material and refine future drilling targets. Earlier channel sampling returned gold assays of up to 107.5 grams per ton and 60.0 grams per ton. Qualifying exploration work under the plan counts toward annual expenditure requirements needed to keep the permit in good standing.
Positive
- Minor pointState approval authorizes surface exploration across 40 acres through November 14, 2027.
- Minor pointEarlier channel sampling returned gold assays of up to 107.5 grams per ton and 60.0 grams per ton.
- Minor pointGeophysical survey showed stronger signatures in gold-bearing veins than surrounding rock, suggesting mineralization continues at depth.
- Minor point. Forward-looking: it has not happened yet and may not happen.Fieldwork is planned to begin with required notifications complete, targeting structures for follow-up drilling.
- Minor pointQualifying exploration work counts toward annual expenditure requirements needed to maintain the mineral exploration permit.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Approval authorizes surface geologic mapping, outcrop sampling, and panning across a 40 acre project area in the Tombstone Mining District through November 2027
TUCSON, AZ, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Liberty Star Minerals (OTCQB: LBSR) (“Liberty Star” or the “Company”), a U.S. mineral exploration company focused on strategic and commercially important critical minerals in southeast Arizona, today announced that the Arizona State Land Department (ASLD) has approved the Company’s Geologic Field Operations Plan (GFOP), GFOP 041-127355. The approval authorizes Liberty Star to conduct surface geologic mapping, outcrop sampling, and panning across a 40 acre project area on Mineral Exploration Permit (MEP) 08-124527, part of the Company’s Hay Mountain Holdings land package [at the Red Rock Canyon Gold Project] in Cochise County, Arizona. The approval is effective immediately and runs through November 14, 2027.
An approved GFOP is required before any geologic exploration work may be conducted on Arizona State Trust Land. The plan sets out the exploration activities a permit holder intends to carry out, the locations involved, and the measures that will be taken to protect cultural and natural resources and to reclaim disturbed ground. ASLD reviews each plan, including its cultural resource protections and reclamation commitments, before issuing an approval letter. Once approved, qualifying exploration work completed under the plan is credited toward the annual exploration expenditure requirements that keep the Company’s MEP in good standing.
The approved program divides the 40 acre project area into up to ten designated operational collection zones, allowing the Company’s field team to map and track exactly where prospective grade material originates. Pan concentrates will be collected on the downslope side of mineralized outcrops, where soil will be classified and bagged on site and processed at a separate location.
The program builds directly on the Company’s earlier work in the area. Channel sampling at the Red Rock Canyon Gold Project has returned bonanza grade gold assays of up to 107.5 gpt (grams per ton) and 60.0 gpt, and three dimensional induced polarization (IP) survey work has shown that the gold bearing veins carry stronger geophysical signatures than the surrounding host rock, pointing to the continuation of mineralization at depth. By tying every outcrop sample and pan concentrate to a specific collection zone, the newly approved program is designed to pinpoint the structures shedding high grade gold at surface and sharpen the Company’s targeting for follow up drilling.
Liberty Star’s Hay Mountain Holdings LLC covers approximately 45 square miles within and around the Tombstone Mining District, one of the largest mineral footprints in Arizona, not controlled by a major mining company. The land package includes the Red Rock Canyon Gold Project, the Earp Ridge Copper Project, and American Strategic Minerals, which together host gold, copper, molybdenum, and critical mineral targets within a regionally significant porphyry copper gold molybdenum system.
“This approval puts our team back on the ground with a clear, state approved plan,” said Pete O’Heeron, Chairman of Liberty Star Minerals. “Red Rock Canyon has delivered bonanza grade gold in sample after sample. The question now is exactly where that gold is coming from, and this program is built to answer it. Every sample collected under this plan will be tied to the zone it came from, which is how bonanza grade assays become drill targets. The State of Arizona reviewed our plan, our cultural resource protections, our reclamation commitments, and approved all of it.”
“The approved plan lets us work the mineralized outcrops systematically across ten collection zones and pan the downslope material to see where the gold is shedding from,” said Jay Crawford, Vice President of Field Operations. “It is careful, low impact work, with no plant removal. It gives us exactly the ground truth we need before we commit to the next phase. We intend to put this approval to work right away.”
The Company intends to begin field work under the approved plan as the notifications required are now complete, and will provide updates as sampling proceeds and assay results become available. The approval of a GFOP is a regulatory milestone and is not a resource or reserve estimate, and the approval does not by itself indicate the grade, tonnage, or economic viability of any mineralization on the Company’s properties.
About Liberty Star Minerals
Liberty Star Minerals is a U.S. exploration company focused on strategic and commercially important critical minerals. The Company’s Hay Mountain Holdings LLC, which includes the Red Rock Canyon Gold Project, Earp Ridge Copper Project, and American Strategic Minerals, is located in southeast Arizona within a regionally significant porphyry copper gold molybdenum system. Liberty Star is actively pursuing joint venture partnerships to advance its projects and is committed to establishing U.S. mineral independence through domestic exploration and development.
Forward-Looking Statements
This release contains forward-looking statements as defined by the U.S. Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and factors beyond the Company’s control that could cause actual results to differ materially from those expressed or implied. Forward-looking statements may include projections, expectations, plans, and assumptions regarding the timing and scope of exploration activities to be conducted under the approved Geologic Field Operations Plan, the results of those activities, exploration results, mineral resources, and future operations. Approval of a Geologic Field Operations Plan is a regulatory authorization to conduct the exploration work described in the plan and is not indicative of the grade, tonnage, or economic viability of any mineralization on the Company’s properties.
For a detailed discussion of risk factors, refer to the Company’s Annual Report on Form 10-K and other filings with the SEC. Regulation S-K 1300 Compliance: Liberty Star is classified as an “Exploration Stage Issuer” under Subpart 1300 of Regulation S-K. The Company currently has no mineral resources or mineral reserves to report under this regulation. U.S. investors are cautioned not to assume that any part of the Company’s mineralized properties will be converted into measured or proven reserves.
Contact:
Liberty Star Minerals | Liberty Star Uranium & Metals Corp.
LBSR: OTCQB
http://www.lbsr.us
Tracy Myers, Investor Relations
520-425-1433 | info@lbsr.us
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What exploration work did Arizona approve for Liberty Star Minerals at Red Rock Canyon?
The approval permits surface geologic mapping, outcrop sampling and panning across 40 acres on Mineral Exploration Permit 08-124527. It is effective immediately and runs through November 14, 2027.
How will Liberty Star Minerals collect samples under its approved exploration plan?
Liberty Star plans to tie outcrop samples and pan concentrates to up to ten designated collection zones. Pan concentrates will be collected downslope from mineralized outcrops, with soil classified and bagged on site before processing at a separate location. The planned work involves no plant removal.
Does Liberty Star Minerals' Arizona approval establish a mineral resource or reserve?
The approval is not a resource or reserve estimate. It does not by itself indicate the grade, tonnage or economic viability of mineralization on the company's properties.