Liberty Star Uranium & Metals Corp. · OTC:LBSR
Liberty Star Uranium & Metals — Technical Presentation (January 2020)
20 slides from Liberty Star Uranium & Metals's technical presentation, January 2020
Slide 1: Hay Mountain: a large, undrilled Cu-Mo-Au Porphyry – Skarn target
Hay Mountain: a large, undrilled Cu-Mo-Au Porphyry – Skarn target in the Laramide Copper Province, AZ, USA Liberty Star Minerals January 2020
Slide 2: Disclaimer and Safe Harbor Statements
Disclaimer Disclaimer and Safe Harbor Statements This presentation is neither an offer nor a solicitation to buy or sell securities, as defined in the U.S. Securities Exchange Acts of 1933 and 1934, et seq. and such rules as promulgated thereunder (the “Act”), either generally or in any state, count
Slide 3: Disclaimer and Safe Harbor Statements Continued
Disclaimer and Safe Harbor Statements Continued Regulation S-K 1300 Matters. On October 31, 2018, the U.S. Securities and Exchange Commission adopted Subpart 1300 of Regulation S-K ("Regulation SK-1300") to modernize the property disclosure requirements for mining registrants, and related guidance,
Slide 4: The Opportunity
The Opportunity SIZE LOCATION • TARGET 1: 4 X 2 km Cu-Au-Mo • Laramide Copper Province, AZ geochem – EM – mag anomaly • Multiple Tier 1 mines and projects • District-scale potential • Safe jurisdiction, active mining and project development EASY EXPLORATION UNTESTED TARGETS • Road accessible, year-r
Slide 5: SWUS Copper Province: A Land of Giants
SWUS Copper Province: A Land of Giants • Globally significant province with over 270Mt contained copper • Porphyry, skarn and carbonate replacement deposits (CRD) • Active mining and project development • Morenci (Freeport) • Resolution (Rio Tinto – BHP) • Taylor (South 32) • Hay Mountain ideally lo
Slide 6: What is Hay Mountain?
What is Hay Mountain? • A large (4 x 2km) undrilled porphyry – skarn – CRD target • Analogous to nearby Bisbee skarn (4.58Mt Cu*) and Tombstone CRD districts • 55km2 property 100% controlled by LS • 50.57km2 State MEPs • 4.43km2 Federal Claims Hay Mountain Target 1 • Target supported by: • Geology:
Slide 7: District-scale Geophysics
District-scale Geophysics Tombstone Ag-Pb-Zn CRD-Vein District Hay Mountain PCu – Skarn Target Bisbee Porphyry Cu- Skarn District 10km 10km RESIDUAL GRAVITY RESIDUAL MAGNETICS Strong NW-trend to regional gravity features Magnetic highs underlying Tombstone Caldera and highlighting long-lived structu
Slide 8: Hay Mountain Tenure & Access
Hay Mountain Tenure & Access • Tenure not currently controlled by Liberty Star is Private Surface and Mineral rights, owned by local ranchers • Property access is currently Target 1 through private land to the east of Target 1 • New State MEPs secure property access from US Highway 80 to the west
Slide 9: Exploration History
Exploration History • 2005: Biogeochemical sampling & multi-element analysis – 162 samples • 2011: Staking, geological prospecting and mapping • 2011: Biogeochemical sampling & multi-element analysis – 609 samples • 2013: Geotech heliborne ZTEM and airmag survey, 432 line km and interpretation • 201
Slide 10: Hay Mountain Geology
Hay Mountain Geology 110°W Alluvium & Gila conglomerate 31°40’N Intrusive rhyolite (Laramide) Epitaph Dolomite Colina Limestone Naco Group (Carboniferous) Earp Formation Target 1 LS Tenure Target 1 in structurally complex zone of intersecting NW and NE striking faults 110°W Geology from Gilluly, 195
Slide 11: Stratigraphy & Mineralization
Stratigraphy & Mineralization • Hay Mountain stratigraphy equivalent to, Naco Group, comprising: Epitaph Dolomite and above, Bisbee ore hosts Colina Limestone Earp Formation Limestone Permo – Carboniferous Horquilla Limestone Minimum 3000’ thick • Two main ore types at Bisbee: • Porphyry copper Hay
Slide 12: Surface Geochemistry
Surface Geochemistry • 772 vegetation samples collected • Aqua regia digest, ICP-MS analysis • QAQC and Z-score normalization completed • Cu response corrected for root uptake of Mg • Robust, multi-element anomalies evident in data 3 km
Slide 13: Target 1 Geochemical Summary
Target 1 Geochemical Summary • Coherent and coincident copper – gold – moly anomaly defines Target 1 • Additional targets in dataset currently under evaluation • Surface copper mineralization also evident at Target 1 • Malachite – goethite – calcite - quartz on “leakage structures” within limestone
Slide 14: Outcropping Mineralization
Outcropping Mineralization Hay Mountain Carbonate-hosted deposits, Peru • “Leakage structures” present on surface, indicating an untested source of • By comparison, similar subtle indications of hydrothermal fluids at depth mineralization lies distal to major Cu-Zn polymetallic deposits in central P
Slide 15: Geophysics
Geophysics • Heliborne ZTEM & airmag survey completed by Geotech in 2013 • 432 line km • 200m line spacing in south, Porphyry 400m line spacing in north Target • 3D inversion of ZTEM data and 3D magnetization vector inversion (MVI) completed in 2019 Skarn / CRD Targets • Coincident ZTEM conductors a
Slide 16: 3D Modelling
3D Modelling • 3D view from above, looking to NW • ZTEM conductors (red) and MVI mag inversion (grey) show coincidence with Target 1 Cu (green) – Au (yellow) – Mo (blue) bio- geochem anomaly • Cross sections illustrate structural complexity, with target aligning with mapped major NW-trending faults
Slide 17: 3D Modelling
3D Modelling • 3D view from below, looking towards the west • This view shows the vertical continuity of a ZTEM conductor below the central gold (yellow) biogeochem anomaly • Alignment of the biogeochem and ZTEM anomaly with major WNW striking normal and reverse faults is also apparent
Slide 18: Geological & Exploration Context
Geological & Exploration Context • Multiple datasets indicate presence of a robust target that has never been drilled • Surface mineralization, akin to that above major carbonate-hosted deposits in Peru • Biogeochemistry – coincident multi-element anomalies • Geophysics • Magnetic highs, potentially
Slide 19: Forward Strategy in 2020
Forward Strategy in 2020 • Corporate restructuring to optimize JV opportunities • Secure JV partner for drill testing of Hay Mountain • Q1: • Discussions initiated with several potentially interested major mining companies • Execute NDAs and provide data access for detailed due diligence by interest
Slide 20: Corporate Overview
Corporate Overview Liberty Star Uranium & Metals Corp. (d/b/a Liberty Star Minerals) 2 E Congress St, Ste 900 Tucson, AZ 85701 Website: www.lbsr.us Share Information: https://www.libertystaruranium.com/investors/xbrlfinancial- statements/share-structure/
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