Curated News
By: NewsRamp Editorial Staff
March 27, 2024
Liberty Star Minerals Chief Geologist Gives Drilling Updates at Hay Mountain Property
TLDR
- Liberty Star Minerals is de-risking the Hay Mountain property, providing a competitive advantage in future exploration efforts.
- The drilling progress at Hay Mountain involves two holes, HM-117 and HM-001, with detailed geological formations encountered at specific depths.
- The drilling progress at Hay Mountain lays the groundwork for future exploration, providing valuable insights into the geological features of the region.
- The presence of Morita and Horquilla formations in the drilling at Hay Mountain suggests the potential for valuable mineral deposits in the region.
Impact - Why it Matters
The drilling updates at the Hay Mountain property by Liberty Star Minerals provide valuable insights into the company's exploration efforts and the geological features encountered during drilling. This news is important as it showcases the company's progress in de-risking the project and lays the groundwork for future exploration, potentially impacting the mining and exploration industry.
Summary
Liberty Star Minerals Chief Geologist James Bryce shared updates on the drilling progress at the Hay Mountain property, discussing two key drill holes. Hole HM-117 encountered limestones of the Morita formation, suggesting a faulting event with a vertical offset of over 800'. Hole HM-001 encountered the Horquilla Formation at 420', known to host copper deposits in the region, prompting the company to deepen the hole by 1000'. Despite budget limitations, the project has successfully de-risked, providing valuable insights into Liberty Star's exploration efforts and the geological features encountered during drilling on the Hay Mountain property.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Liberty Star Minerals Chief Geologist Gives Drilling Updates at Hay Mountain Property