When a company announces its thoughts on a particularly year of operations, it gets the attention of investors and on Wednesday, it was Liberty Star Uranium & Metals Corp (OTC: LBSR) which made an announcement of that nature. In this feature, we will take a closer look into the announcement from the company.
The Announcements
In the news release, Liberty Star Uranium & Metals Corp announced that 2024 had proven to be a year of breakthrough for positive discovery and exploration at its Red Rock Canyon Project (RRC). It should be noted that the company owned the project, located in South East Arizona, in its entirety. In addition to that, it was also announced by the company that it was actively looking into pursuing joint venture partnerships for the purpose of advancing both its projects. It will be interesting to see if the market reacts to the announcements made yesterday.
Further Information
It was also noted that it was in December of 2023 that Liberty Star Uranium & Metals Corp had first done its diamond core drill program at Hay Mountains. However, by the end of February last year as many as two drill holes had been completed by the company.