LBSR Liberty Star Minerals Chief Geologist James Bryce joined Steve Darling from Proactive to share news regarding the drilling progress on the Hay Mountain property. Bryce outlined details about two holes drilled so far.
Hole HM-117 was drilled at the center of the magnetic high and over the conductor identified by the ZTEM survey. The initial depth to bedrock on the drilling pad was 108', after which the drill encountered limestones of the Morita formation. The presence of Morita at this elevation suggested a faulting event, with a vertical offset of over 800'. To further investigate, the company decided to deepen the hole by an additional 500' and extend the overall program by 1000.
Bryce also told Proactive hole HM-001 was located 0.6 miles east of hole HM-117. This hole was collared on Colina limestone outcrop displaying polymetallic leakage textures at the surface, indicating elevated levels of lead, zinc, molybdenum, and sometimes copper.
