U.S. explorer Liberty Star Minerals (US-OTC: LBSR) said it’s quadrupled its footprint in Arizona by staking 13 additional mining claims covering about 28 sq. km.
Liberty Star’s 117 sq.-km land portfolio is the biggest mineral footprint in the state not controlled by a large mining company, it said Monday in a news release.
The newly staked claims complete Liberty Star’s planned district-scale consolidation within the Tombstone mining district, locking up all the targets identified through the company’s geologic mapping, rock sampling, and induced polarization (IP) survey program.
The consolidated position now encompasses Earp Ridge Mines — which hosts critical minerals, copper, and molybdenum — and Red Rock Mines, the company said, adding that every target the data pointed to is now protected.
“Our dedicated team followed the geology wherever it led, and then we moved to protect it,” Liberty Star chairman Pete O’Heeron said.
“Forty-five square miles of multi-mineral opportunities across gold, copper, molybdenum and critical minerals, so important to U.S. economic and national security,” O’Heeron said. “This positions us to attract a serious mining partner and execute our strategic plan.”
Southeast Arizona’s porphyry copper belt is among the most prolific mineral-producing regions in the world. It has consistently generated large-scale copper-gold-molybdenum discoveries, the company said.
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