Liberty Resources
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Transcript of Liberty Resources
NEW DISCOVERY
August 2013
6km2 discovery area
Shallow – potential open cut
54 samples – assays pending
Near rail
Near road
3 Ports
Location, Location – Bowen Basin
40km to Moranbah - Coal Mining Town
4km to Rail (Vale to the North West)
BHP BMA - North and South West
Rio Tinto to the South West
Peabody to the East
170km Rail connection to 3 Ports
2000m x 3000m coal discovery
Multiple seams in every hole
5m - 6m thick coal at 44m
10m of coal plies between 58m and 70m, the upper 4m at 58m
48m thick Fort Coopers coal logged
$90,000 drill program completed August 2013
Good seam thickness
What does the discovery area look like?
DH07C - Drill site AUG 2013
Further potential South and at depth…..
South of Daunia (BHP Mine)
Free of Vegetation
Ease of Access
1 Landowner
Previous drilling south of the river – additional potential for LBY
DH07 – seam at 44m depth
DH07c – seam at 61m depth
From 61m From 61.5m From 62.4m
DH05c - seam at 85m depth
DH05c - seam at 85m depth
Engineering, Geology, GIS
September 5, 2013 18
Ian Smith
Non Executive
Director
Mine Engineer
Tim Jones
Consultant
Geologist
MSc SSE AIG
Eoghan
Cunningham
GIS Officer
Masters in GIS, BSc
Andrew
Haythorpe
BSc (Hons) Geology
Managing
Director
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Drill hole discovery
Posco invests
Juniors with new discoveries perform well
Sandfire
Posco made
$135m Profit
Even in terrible markets...
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Sirius Drill hole discovery
LBY – 2013 Discovery LBY ASX
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Company Snapshot
ASX Code LBY
Share Price (22 August 2013) 10c
Shares on issue 279.6m
Options ( Expiring 15 Nov 2013 - 31 Dec 2017
exercisable at 10c – 30c)
35.4m
Market Cap (undiluted) 28m
Cash (30 June 2013) $1.8 (sept qtr est)
Debt Nil
Largest Shareholders Ouro Pty Ltd
JP Morgan Nominees
Citicorp Nominees
12%
12%
11%
Background Environmental initiated
Coal Quality Evaluation
JORC – Measured, Indicated, Inferred
Customer Presentations
Evaluate, value add - September
Competent Person Statement The information in this report relating to exploration results and coal resources is based on information compiled by Mr Tim Jones who is a member of the Australasian Institute of Geoscientist. Mr Jones is a qualified geologist and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking, to qualify as Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, the JORC Code” (JORC 2004).” Mr Jones consents to the inclusion in the report of the matters based on the information, in the form and context in which it appears. Tim Jones AIG 3788
Disclaimer This presentation contains statistical data, market research and industry forecasts that were obtained from government or other industry publications and reports or based on estimates derived from such publications and reports and management's knowledge of, and experience in, the markets in which Liberty operates. Government and industry publications and reports generally indicate that they have obtained their information from sources believed to be reliable, but do not guarantee the accuracy and completeness of their information. Actual outcomes may vary materially from those forecast in such reports or publications, and the prospect for material variation can be expected to increase as the length of the forecast period increases. While management believes this data to be reliable, market and industry data is subject to variations and cannot be verified due to limits on the availability and reliability of data inputs, the voluntary nature of the data gathering process and other limitations and uncertainties inherent in any statistical survey. Accordingly, the accuracy, currency and completeness of this information cannot be guaranteed. The Corporation has not independently verified any of the data from third party sources referred to in this presentation or ascertained the underlying assumptions relied upon by such sources. The images of production facilities contained in this document are not actual assets of the Company, but are representative of the proposed Urea Corp Fertiliser Project.
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