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Liberty Star Completes Initial Selection of Phase 1 Drill Holes to Target Multiple Anomalies on Hay Mountain Copper, Gold, Moly, REE Project, Southeast Arizona

Posted by AGORACOM-JC at 9:33 AM on Wednesday, June 11th, 2014

Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce that phase 1 exploration drilling targets have been selected at the Company’s Hay Mountain Project. We intend to permit these so that the drill can move around depending on results from drilled holes.

CEO/Chief Geologist James A. Briscoe and Liberty Star’s geological and geophysical team based placement of the targets on superimposed geology, geochemistry, and geophysics, including 2D and 3D interpretations of the ZTEM, EM (Electro Magnetics) and Mag (Magnetics) data. The airborne surveys acquiring these data were flown simultaneously from a single helicopter by geophysics contractor Geotech Ltd. last summer (NR 155). Interpretation of these three survey types (coupled with knowledge of major porphyry copper-gold-moly mines in surrounding areas in Arizona, New Mexico and Sonora, Mexico, but as close as 6.5 miles and 15 miles away) suggest that oxide copper may be found at a depth ranging from approximately 30.5 to 92 meters (100 to 300 feet) and that sulfide mineralization below the oxide zone appears to go to great depth: +1220 meters (+4,000 feet) and appears to be concentrated in replacement skarn deposits in limestone sediments as is typical. These replacement deposits are expected to be quite high grade and may be located surrounding intrusive porphyry perhaps carrying disseminated mineralization of bulk minable grade.

Forty-one drill hole centers have been selected on approximate 400 meter (1,320 foot) centers. Initially the first holes will be drilled to about 1634 meters (5,360 feet) to test the 3D EM and 3D Mag anomalies. If the first hole is successful in interception of mineralization or significant alteration minerals, the Company plans to use directional drilling techniques to drill daughter holes through the mother hole opening at a deviation start depth of 902 meters (2,960 feet) which will reach a bit more than 200 meters (660 feet) outward from the mother hole. These can be drilled in any direction but we are planning on drilling N, S, E, W, NE, SW, NW, & SE, assuming geophysical targets and results of the mother hole justify all or some of the daughter holes. It can be seen that eight daughter holes (or more) can be drilled for each mother hole, and since they will be started 902 meters (2,960 feet) below the surface, they will save (assuming eight are drilled) 7218 meters (23,680 feet) of drilling, yet test an area (assuming all eight are drilled) of about 400 meters (1,320 feet) on a side, or 40 acres (16.2 hectares). Since core drilling costs about $100 per foot (all expenses in) then the cost savings will be approximately US$2.4 million per mother hole location (not including the cost of the mother hole). This type of approach is commonly used in the oil and gas industry, and we expect that it could save millions of dollars on this project. Further, fewer drill hole locations means less impact on the surface, and lowers the cost of permitting and remediation of minimal surface disturbance. There are other cost saving and lowered surface disturbance approaches that the Company is investigating and will report on if they prove practical.

Because of the 3D EM and Mag, Briscoe and his team have specific expectations of what will be hit at all depths. Drilling will go on 24/7/365 as will core logging, splitting and analysis by X-ray fluorescence on site, giving immediate semi-quantitative indications of mineralization, followed as quickly as possible by standard NI43-101 compliant multi-element geochemistry and ore grade analysis by Certified Assayer ALS-Chemex. Core logs using appropriate software will be created contemporaneously with drilling phase 1 of this program. It is budgeted at US$6.5 million and projected to cut approximately 67 thousand feet core.

Comments Briscoe: “When I get to the Middle East June 20th I will have specific planning information that includes target drilling and cost projections for phase 1 exploration drilling to share with potential funders. These targets represent much expertise and work. We mean to drill at Hay Mountain and this level of analysis clearly indicates we have a thoughtful, detailed and efficient plan of action, which is extremely flexible.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as “expects,” “intends,” “plans,” “may,” “could,” “should,” “anticipates,” “likely,” “believes” and words of similar import also identify forward-looking statements. Forward-looking statements in this news release include the Company’s intent to permit the exploration drill targets so that the drill can move around depending on results, its interpretation of survey results as suggesting that oxide copper may be found at the specified depths, that sulfide mineralization below the oxide zone appears to go to great depth and is expected to be quite high grade and may be located surrounding intrusive porphyry perhaps carrying disseminated mineralization of bulk minable grade; the Company’s plans in respect of location, direction and depth of the proposed drill holes and its expectation that it could save millions of dollars by using the ‘mother-daughter’ drill hole approach. Actual results may differ materially from those currently anticipated due to a number of factors beyond the Company’s control. These risks and uncertainties include, among other things, the possibility that the Company has misinterpreted data, its assumptions about the availability of personnel and capital, weather, logistical problems and field conditions; and the risks inherent in the Company’s operations, including the risks that the Company may not find any minerals in commercially feasible quantity or raise enough money to fund its exploration plans. These and other risks are described in the Company’s public disclosure documents filed on the EDGAR website maintained by the Securities and Exchange Commission, including the Company’s recent registration statement on Form S-1, its annual report on Form 10-K and other periodic reports filed from time to time.

Contact:

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter @LibertyStarLBSR

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Update: Liberty Star’s Presentation of Proposed Exploration at Hay Mountain AZ Has Triggered a Strong Response in the Middle East

Posted by AGORACOM-JC at 5:10 PM on Thursday, May 22nd, 2014

Update: Liberty Star’s Presentation of Proposed Exploration at Hay Mountain AZ Has Triggered a Strong Response in the Middle East with Numerous Requests for Additional Meetings—CEO Briscoe’s Trip Rescheduled and Expanded

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to announce that numerous requests for additional meetings throughout the Middle East to present the Company’s porphyry copper, gold, moly, REEs Hay Mountain Project in conjunction with the Mine Finders Program recently detailed in News Release 177 (May 15) have been received. The presentation program has been rescheduled, to accommodate those additional requests. Briscoe’s current plans are to depart the USA June 19 for these meetings. According to a letter from naseba dated May 20, News Release 177 has generated positive feedback “from more countries in the Middle East region than we were considering. We need to dig deeper. We feel delaying your roadshow until the end of June would allow us to open more doors and organize a multi-days, multi-countries roadshow that would be more beneficial to your company.” Countries under consideration for an expanded visit include Egypt, Kuwait, Oman, Turkey, and perhaps others.

“from more countries in the Middle East region than we were considering. We need to dig deeper. We feel delaying your roadshow until the end of June would allow us to open more doors and organize a multi-days, multi-countries roadshow that would be more beneficial to your company.”

Based on naseba’s positive report Briscoe has agreed to reschedule his trip to Saudi Arabia and potentially other cities to present the “One Package, Two Projects” Hay Mountain and Mine Finders program. According to the naseba letter “The later date will also be more fruitful” confirmed by several additional representatives who do not have time available in May but they have in June.

States Briscoe: “the enthusiasm for the Hay Mountain composite program is gratifying. This kind of opportunity is on the forefront of modern hands on training by industry experts using new cutting edge technologies. Our goal remains to implement phase 1 drilling at Hay Mountain, and start the Mine Finders program as soon as possible.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our entire planned drilling program and our planned training program. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if our proposal is accepted, we may not be able to carry out the instruction program as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter @LibertyStarLBSR

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Liberty Star Updates the Hay Mountain Project, Southeast Arizona

Posted by AGORACOM-JC at 9:51 AM on Tuesday, May 20th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to update its shareholders and interested parties on the completion of the compilation and interpretation of the Hay Mountain porphyry copper geophysical data along with geochemistry and design of a Phase 1 drill program.

During the last 6 months significant additional details on the subsurface of the Hay Mountain porphyry copper geochemical anomaly have come to light. These are enumerated in approximate chronological order:

  1. Detailed interpretation of the ZTEM geophysical survey revealed that the anomaly is much larger than previously realized. Based on the analysis of all the data, it is now realized that it could contain the footprint of any of the largest porphyry copper deposits known in North America. Additional geophysical interpretive work on the abundant geophysical data was clearly warranted.
  2. The electromagnetic component of the ZTEM system shows conductors going to a depth of at least 1,520m (approx. 5,000 feet), which would be commensurate with the base of the Paleozoic sediments and their depositional contact with the Precambrian basement rocks. This is similar to the mineralization at Bisbee, Christmas, Twin Buttes, Rosemont and Morenci, Arizona and Cananea, Mexico, all within about 161 km (100 miles) of Hay Mountain, and all are sediment (skarn) hosted porphyry copper mines.
  3. The detailed magnetic component of the ZTEM survey allows the three dimensional analysis of the very large magnetic feature which is coincident with the geochemical porphyry copper signature and low resistivity signatures from the electromagnetic (EM) component. This magnetic resonance imaging (MRI – just like physicians use – except in our case it is helicopter borne, not stationary in an office – and of course the scale is different), reveals important details of what is comparable to known mineral bearing skarn in other districts in North and South America, and throughout the world. Skarn (altered limestone – see Liberty Star’s glossary on web site) frequently contains high grade copper, gold, molybdenum, tungsten and other metals. This is a common host for the nearby Bisbee mines where early day production ranged from 7% to 30% copper. Other deposits within about 241 km (150 miles) at Morenci, Silver Bell, Mission, Twin Buttes, Rosemont, Globe and Christmas, Arizona, Chino, New Mexico and Cananea, Mexico and others as well as mines in other parts of the world have similar grades in skarn bodies.
  4. The 3D magnetic data suggest the upper part of the skarn bodies lie 30 to 90 meters (approx. 100 to 300 feet) below dirt cover. Their magnetic signature suggests the upper 30 to 90 meters or more is oxidized and copper would be in oxide form that would allow shallow open pit mining, heap leaching solvent extraction and electrowinning (OPHLSXEW) to produce 99.99% wire grade copper as seen at the new Safford, Arizona mine and others. It might also be like the nearby Bisbee deposit which produced an astounding number of museum quality green copper oxide and other mineral specimens of great value.
  5. Analysis of the data generated in the studies identified above has made it possible to lay out a targeted drill program. Recent consultation with directional drilling contractors suggests that a significant reduction of the number of drill sites can be made. This will minimize surface disruption and allow the drilling of one mother hole and up to 8 daughter holes from one drill site. This should significantly reduce the cost of drilling, as the directional daughter holes will save penetrating repeatedly to the daughter hole kick off depth. This directional drilling is similar to oil field standard procedure.
  6. The availability of new equipment. Largely dependent on new high speed microcomputers, combined with the Internet suggest a more efficient approach to the rapid drilling this project will require.
  7. Development time and financing availability
    Briscoe has been told by well-capitalized investors during his world travels over the last 11 months that no more than seven years is an acceptable time for exploration and start of production. In response, the Company has designed a drilling exploration program to operate 24/7/365 for four years assuming ore grade material is intercepted. A mine would go into production in the seventh year. If a near surface oxide copper ore body is present (like the nearby Johnson Camp Mine and I-10 Porphyry-Excelsior proposed mines), as suggested by the geophysics, such production on a moderate scale from a shallow pit could be feasible, thus greatly simplify this very tight schedule. Continued enlargement of facilities could consist of a build out of a large deep high grade underground mine or a much larger open pit mine or both; or perhaps a block cave operation.

Required capital funding for the Hay Mountain Project would be Phase 1 drilling at US $5 million to be expended in the first year to confirm presence of ore grade mineralization. Post phase 1 drilling activities in the amount of US $60 million are to be expended over the next three years. Assuming success in defining a mineral resource, permitting, metallurgical studies, and mine planning and plant design would quickly follow as would a Bankable Feasibility Study, which would be completed at the end of year five. Production would follow and is projected to be attained in the seventh year.

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include: that a porphyry copper system is indicated; that Phase 1 drilling will cost US $5 million to be expended in the first year. Post phase 1 drilling activities in the amount of US $60 million are to be expended over the next three years. That assuming success in defining a mineral resource, permitting, metallurgical studies, and mine planning and plant design would quickly follow as would a Bankable Feasibility Study, which would be completed at the end of year five. Production would follow and is projected to be attained in the seventh year.

Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not be able to get equipment or labor as we need it; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company’s recent S-1, its 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter @LibertyStarLBSR

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Liberty Star and naseba Present Hay Mountain JV Proposal in Saudi Arabia

Posted by AGORACOM-JC at 9:34 AM on Thursday, May 15th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to announce Company CEO/Chief Geologist Jim Briscoe is scheduled to visit Saudi Arabia leaving May 23 and returning June 1. naseba extended the invitation for the Saudi Arabia visit to Liberty Star subsequent to Briscoe’s visit to China with naseba in October 2013 (NR 166). Preparation for this visit has been continuous since then but required the completion of geophysical compilation and interpretation of the Hay Mountain porphyry copper geophysical data along with geochemistry. naseba requested the event specifically for their Saudi clients, with the purpose to present the Company’s Hay Mountain Project in conjunction, at the Saudis’ request, with a unique educational program to train and mentor young qualified geoscientists from Saudi Arabia in the art and science of Mine Finding. Details are found below.

The Proposed Joint Venture Criteria and Funding, Saudi Arabia May 23 – June 1

A joint venture financing on the Hay Mountain Project for porphyry copper, gold, silver, moly, REEs and other metals has been requested specifically by naseba’s Saudi clients to include a structured program of instruction and mentoring of students from Saudi Arabia, in the science and art of mineral exploration in order that they will become Mine Finders for Saudi Arabia. Liberty has agreed to such an educational and mentoring program and through past experience has that expertise.

Funding of Hay Mountain drilling program through ore definition and Bankable Feasibility Study Leading to Production
Required capital funding for the Hay Mountain Project would be Phase 1 drilling at US $5.5 million for 20,422 meters (67,000 feet) of HQ diamond core drill hole to be expended in the first year to verify the presence of ore grade mineralization. Post phase 1 drilling activities in the amount of US $60 million including 204,000 meters (670,000 feet) of HQ diamond drill core are to be drilled over the next three years. Assuming success in defining a mineral resource, permitting, metallurgical studies, mine planning and plant design would quickly follow as would a Bankable Feasibility Study, which would be completed at the end of year five. Production would follow and is projected to be attained in the seventh year.

Mine Finding Instruction and Mentoring Program
This program would proceed simultaneously with the drilling of the Hay Mountain Project, and would be conducted with Mine Finding geoscientists, with particular expertise in specific types of mineral deposits and geologic terranes. Jim Briscoe will oversee both projects but the work will be accomplished by others.

The program will be of one year duration and be a hands-on physical visit and study of ore deposits and the alteration and geochemical zoning that reveal their presence. This will also include tours of active and dormant, mines and mills and metallurgical plants i.e. smelters and electrowinning plants and in situ leaching for uranium & copper. Arizona has examples of all of these for copper-gold-moly deposits. But it also has many other types of deposits. They are prevalent all over Arizona and too numerous to mention here, but include the Precambrian window in the central part of the State, exposing layered mafic intrusives with classic mineralization, volcanogenic massive sulfide deposits of copper zinc and other metals at Jerome, Arizona, distal Precambrian gold and base metal deposits, associated with the Jerome system. Additionally roll front uranium-copper and silver in the northeast part of the State, and rich breccia pipe uranium and associated poly metallic mineralization in the Grand Canyon area.

During the year of instruction a six day work week will be maintained. As an average, four days per week will be dedicated to field trips and two days will be dedicated to equipment, software training and lectures pertaining to mineral deposits and ore finding techniques, extractive metallurgy and open pit, underground mining of various types and in situ leaching techniques.

Most of the western USA states will be visited to look at different types of deposits including diamonds in Wyoming, platinum in Montana, gold deposits of several different types in California and Nevada, exposed rare earths in New Mexico and so on. All of these metals/minerals may be present in Saudi Arabia. We plan to also visit the home office of Geotech in Aurora, Ontario, Canada where the students will be trained in the understanding of the ZTEM geophysical technique that has been so successful at the Hay Mountain Project, Arizona.

We expect to cover about 80,000+ km (50,000+ miles) road miles with geologic guide books available for most of that travel and at destination points, and visit about 200 mines and mineral deposits, and associated infrastructure. The western USA is about the same size as Saudi Arabia which, if overlaid on the map of the USA would cover the area from the Mexican border to the Canadian Border and the Pacific Ocean to the eastern borders of Wyoming – New Mexico. The mineral endowment of Saudi Arabia, mostly never explored since early Egyptian, and Greek-Roman times, may have a similar mineral endowment to the western USA though this is not known until it is scientifically explored. Qualified experts will number about 50 and will be retained by Liberty Star to guide and give field lectures on each mine or mineral/geologic feature.

Cutting Edge Mineral Exploration Equipment for the Saudi Students
Liberty Star will arrange for each student participant to be equipped and trained by Liberty Star’s experts, on the most recent sophisticated personal mineral exploration equipment currently available. This equipment will become part of their personal field gear to be used in the field trip examinations and exercises. At the end of their one year study period it will be shipped with them on their return to Saudi Arabia for immediate use in their Mine Finding work. The last month of their training in Arizona will be dedicated to their work to design an effective exploration program in their home area, under the mentoring by the experts of the Liberty Star team.

Continuing Education and Mentoring Program
The mentoring by Liberty Star will continue as long as needed. Because of the availability of the Internet and the computers, cameras and other visual software/hardware acquired for the students as part of the Mine Finding program, communication by any of the students to their Liberty Star mentors will be quick and easy. Further it is estimated that two trips per year of one or two weeks’ duration will be made for an in person field examination and mentoring, by one or more of the Liberty Star team members. Because of the relations established during the training program, it is expected that the association and mentoring could continue for many years, on a consulting basis, for many of the Mine Finder experts from Liberty Star.

It is also proposed that the instruction program under Liberty Star will train a class of new students each year for the next 10 years, resulting in a core of 200 fully equipped and trained Mine Finders in Saudi Arabia. This is similar to the number of geologists in exploration hot spots in the USA such as Tucson or Reno or Elko, Nevada or Denver, Colorado, or various centers in Canada. This crop of 200 Mine Finders will be able to train additional geologists in the region in the art and science of Mine Finding in future years. It is believed the training program will allow a full stream of new mineral discoveries to meet the needs of Saudi Arabia for internal consumption and export in the future, by the Mine Finder students. Liberty Star proposes this will have mutual benefits beyond Hay Mountain in both the USA and Saudi Arabia, for both Liberty Star and the Saudi venture partner(s).

Comments Briscoe: “One package, two projects–The joint venture proposal fulfills two purposes efficiently and at a low cost in an environment that fosters Mine Finding education and copper mines. We have the experience and expertise to administer the Mine Finders program and the drilling & development of Hay Mountain simultaneously. We hope that our proposals are accepted and that we can do both projects.”

Naru Capital, a division of naseba, has organized meetings for Mr. Briscoe in Riyadh, Jeddah, and Dammam and has pre-qualified attendees.

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our entire planned drilling program and our planned instruction program. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if our proposal is accepted, we may not be able to carry out the instruction program as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]

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Liberty Star Signs Final Settlement Agreement and Release of All Claims on Big Chunk Property, Alaska

Posted by AGORACOM-JC at 9:20 AM on Monday, May 12th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to announce a final settlement agreement and release of all claims has been signed by Liberty Star Uranium & Metals Corp. and Northern Dynasty Minerals Ltd. (“Northern Dynasty”) (NYSE: NAK), including its subsidiary/affiliate U-5 Resources Inc.

According to the signed agreement, all of the terms of the Loan and Mining Claims Sale Agreement dated June 29, 2010 (amended on July 15, 2010, September 8, 2011, November 2011, November 13, 2012 and November 20, 2012) have been satisfied; Northern Dynasty releases the Company from all claims. Accordingly, the final settlement agreement and release of all claims confirms that all obligations addressed in the November 13, 2012 loan settlement agreement, as amended on November 20, 2012, are extinguished.

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter LibertyStarLBSR

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Liberty Star Receives Expanded ZTEM Report Over Tombstone Super Project

Posted by AGORACOM-JC at 9:31 AM on Wednesday, April 2nd, 2014

TUCSON, Ariz. — Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce geophysics contractor Geotech Ltd. has delivered a ZTEM report covering the Tombstone Super Project (TSP) for porphyry copper, gold, molybdenum, rare earth elements and other metals in southeast Arizona. The report covers approximately 130 square miles including the Company’s Hay Mountain Project.

The ZTEM report will allow further appraisal of seven mineral targets located outside of the Hay Mountain geochemical survey area (2012) identified by CEO/Chief Jim Briscoe and other geological analysts. Further analysis by Geotech’s experts and Briscoe working in concert could yield additional information and refinement on the seven targets and identify additional targets beneath cover.

Briscoe states: “The expanded ZTEM report will allow Liberty Star to correlate surface features with exploration to great depth in the Tombstone caldera and identify the location of additional targets. Along with the Hay Mountain analysis, the new ZTEM report indicates that the Tombstone caldera holds the potential for hosting commercial grade mineralization in line with the known and assumed mineral wealth of the region which encompasses southeast Arizona and northern Mexico. We continue seeking well-funded, knowledgeable partners to help us with a drilling program to begin measuring the potential of Hay Mountain, as drilling is the next step there. There is good potential for further partnerships in the Tombstone Super Project at large.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our exploration plans, that we have seven mineral targets, that we have the potential for commercial grade mineralization on our property, and that the next step is drilling. Factors which may delay or prevent these forward-looking statements from being realized include: we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; misinterpretation of data is possible; and we may be unable to continue exploration due to permitting requirements, weather, logistical problems, labor or equipment problems or hazards even if funds are available. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter @LibertyStarLBSR

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]

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Liberty Star Provides Summary of Hay Mountain ZTEM Report

Posted by AGORACOM-JC at 9:41 AM on Tuesday, March 4th, 2014

Liberty Star Provides Summary of Hay Mountain ZTEM Report

TUCSON, Ariz. —Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to present a summary of the final report submitted by Geotech: Interpretation Report on a Helicopter-Borne Z-Axis Tipper Electromagnetic (ZTEM) and Aeromagnetic Geophysical Survey: The Hay Mountain Project Tombstone Mining District, Cochise County, Arizona For: Liberty Star Uranium & Metals Corp.

“During the early part of February, Geotech completed a 3D inversion using a coarse mesh study. When this was interpreted, it was clear that a fine mesh 3D magnetic inversion would be particularly useful and result in better resolution of what was going on at depth.”

This final report includes updated interpretation based on 3D magnetics. Geotech will use data from this report in a presentation on March 4 at PDAC 2014 (NR 173). Two images from that presentation can be viewed March 4 on the Liberty Star web site as well. The information in this report has generated more specific targets for the Company’s upcoming drilling program at Hay Mountain, which will commence when adequate funding is obtained.

CEO/Chief Geologist Jim Briscoe’s summary of the report:

“During the early part of February, Geotech completed a 3D inversion using a coarse mesh study. When this was interpreted, it was clear that a fine mesh 3D magnetic inversion would be particularly useful and result in better resolution of what was going on at depth.

One of the images displayed on our web site is a cross section showing the results of this fine mesh 3D magnetic interpretation, along with the ZTEM interpretation as well. The coarse mesh inversion was 250 meters (m) x 250m x 125m mesh, whereas the fine mesh inversion was 50m x 50m x 20m mesh. Obviously much smaller items can readily be resolved at this resolution.

When the fine mesh 3D magnetic interpretation is plotted it can be seen that there is a sub horizontal top to the anomalies, which may well be skarn containing pyrite which has oxidized to oxidized skarn, perhaps destroying most of the magnetism in the upper zone. This would be equivalent to a classic oxidation zone, perhaps containing a chalcocite (Cu2S) blanket. This has certain similarities to the data reported on the similar appearing gold skarn deposits in Guerrero State, Mexico (also within the Geotech PDAC 2014 presentation).

These more highly resolved magnetic data suggest that the groundcover is 100 feet to 300-500 feet below the current surface, which corresponds well to the known geology. It also suggests that we may have an enriched zone of both gold and copper, perhaps within open pit mineable depths over a wide area. Additionally, the skarn mineralization appears to go to a great depth of at least approximately 1,500 meters. The only thing left is to drill these anomalies to determine their exact nature. While we do not have a deal as yet, there is an increasing interest by several funding entities and large companies.”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our exploration plans, that we have an enriched zone of both gold and copper perhaps within open pit mineable depths over a wide area, that the only thing to do is drilling, and that we have some parties interested in financing us. Factors which may delay or prevent these forward-looking statements from being realized include: we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; misinterpretation of data is possible; and we may be unable to continue exploration due to permitting requirements, weather, logistical problems, labor or equipment problems or hazards even if funds are available. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s most recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]

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Geotech to Present Hay Mountain ZTEM at PDAC 2014

Posted by AGORACOM-JC at 9:27 AM on Wednesday, February 26th, 2014
PDAC 2014

TUCSON, Ariz.–(BUSINESS WIRE)–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to announce that an overview of recent ZTEM findings at Hay Mountain will be shared at PDAC 2014, Toronto, Ontario, Canada. This will not include Liberty Star’s confidential data. Geotech Ltd Chief Geophysicist (Interpretation), J.M. Legault will lead a workshop discussion titled “Helicopter AFMAG (ZTEM) & Aeromagnetic Survey Results over Epithermal Gold and Gold-Skarn Deposits in Guerrero, Mexico and Porphyry-Skarn Targets in Tombstone, Arizona” (Hay Mountain) on March 4th at the Metro Toronto Convention Centre North Building Level 200 Room 201DC, 11:35 AM-12:00 PM. Registration is not required to attend the workshop.

“Helicopter AFMAG (ZTEM) & Aeromagnetic Survey Results over Epithermal Gold and Gold-Skarn Deposits in Guerrero, Mexico and Porphyry-Skarn Targets in Tombstone, Arizona”

CEO/Chief Geologist Jim Briscoe is unable to attend the event, but is gratified that Geotech will be highlighting its work at Hay Mountain and environs. Comments Briscoe: “Anyone attending PDAC 2014, from geoscience professional to beginning investor, should take the time to find out more about Geotech’s cutting edge geophysics technology. When combined with Liberty Star’s geochemical sampling approach, (as the Company has done at Hay Mountain) these tools are exceedingly powerful and better than either technique alone, in Liberty Star’s opinion. What better way to highlight what they do than featuring the data gathered from their recent work at Hay Mountain?”

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn & Twitter @LibertyStarLBSR

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CLIENT FEATURE: (LBSR: OTCQB) Liberty Star Uranium & Metals, Small Caps Are BACK!

Posted by AGORACOM-JC at 11:59 AM on Wednesday, February 19th, 2014

Liberty Star Uranium & Metals Corp. (LBSR: OTCQB) is an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Currently the company controls properties totaling approximately 26,011 acres (about 41 square miles) which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.

Arizona

The Tombstone Super Project (TSP) hosts Liberty Star’s premiere multi target property: Hay Mountain. The TSP initially consisted of 33 unpatented federal lode mining claims over a projected covered porphyry copper mineral center in Cochise County, Arizona. In 2011 and 2012 more USBLM claims and Arizona Mining Exploration Permits were added after Chief Geologist James Briscoe discovered a large multimodal anomaly over a large covered porphyry copper mineral center within the larger TSP area. Currently, the TSP entails 14.67 square miles of claimed lands with Hay Mountain covering 13.45 square miles of the claim area. The entire claim area has undergone formal review by SRK Consulting. SRK produced three separate NI 43-101 compliant technical reports (technical reports per USSEC) which recommended further exploration for copper, gold, moly and other metals.

The company received the final draft ZTEM report from Geotech Ltd. ZTEM electromagnetic measurement data has been carefully analyzed by Geotech’s Chief Geophysicist Jean Legault, P. Geo, P. Eng. Among the report’s findings:

1. There are as many as 10 meaningful targets within the Hay Mountain Project area.

2. Hay Mountain contains a major anomaly centered on the geochem anomaly reported by Liberty Star (NR 127).

From the “Executive Summary” Summary Interpretation Report on a Helicopter-Borne
Z-Axis Tipper Electromagnetic (ZTEM) and Aeromagnetic Geophysical Survey:
The Hay Mountain Project Tombstone Mining District, Cochise County, Arizona
For: Liberty Star Uranium & Metals Corp.:

“The Hay Mountain Property is mainly underlain by a thick sequence of Paleozoic quartzite, limestone and siltstones, but potentially hosts buried porphyry copper deposits at structural intersections and under basin-fill formations. There is additional potential for polymetallic carbonate-hosted replacement deposits (CRD), as well as shallow chalcocite blanket porphyry type deposits and also skarn type porphyry copper deposits. Previous soil and vegetation geochemical surveys have identified a coincident Au-Pb-Cu anomaly and larger Mo-halo in the center of the property. The objective of the ZTEM surveys is to identify favourable magnetic and resistivity signatures related to potentially more deeply buried porphyry copper, CRD/skarn and chalcocite replacement deposits at Hay Mountain. The Magnetic surveys have determined that Hay Mountain hosts a large dominant magnetic high that lies buried below the Paleozoic sediments is centered over the Liberty Star geochemical anomaly and remains open to the south…As many as ten (10) magnetic anomalies have been defined.”

Company CEO/Chief Geologist Jim Briscoe’s summary: “Geotech’s Chief Geophysicist Jean Legault and I met for more than 12 hours in three sessions of four hours each over the last 10 days through GoToMeeting, me in Tucson and Legault in Canada, so we could look at the same images at the same time to interpret the ZTEM data. With my geological expertise in the Tombstone area and his geophysical expertise on copper anomalies all over the world, we came to the same conclusion that there is substantial evidence that the Hay Mountain area needs to be drilled. While I had five targets in mind, the ZTEM report indicated 10. I am pleased that the evidence continues to be mutually reinforcing that we may be looking at a major porphyry copper structure. The next step is drilling. We have a detailed cost analysis and will plot drill sites according to what we are seeing with the ZTEM. Once funding is secured, we will drill ASAP.”



The Company maintains claims on two other claim blocks in Arizona: The East Silver Bell Porphyry Copper Project is within the Silver Bell Mining District located northwest of Tucson, Arizona. Liberty Star’s North Pipes Super Project comprises 417 standard Federal lode mining claims covering over 38,000 acres in numerous blocks targeting breccia pipe hosted uranium deposits. The breccia pipes are part of the large uranium bearing breccia pipe terrain which occurs on the Arizona Strip lying just south of the Utah border.

 

East Silver Bell Porphyry Copper Project is within the Silver Bell Mining District located northwest of Tucson, Arizona. Asarco Mining LLC with joint venture partner Mitsui Mining of Japan currently operates open pit copper mines in the area. Asarco has a solvent extraction (SXEW) plant approximately 4 1/2 miles to the west of the East Silver Bell Project property line. Liberty Star’s property, within the same mining district, includes 26 unpatented lode mining claims covering a previously unrecognized porphyry copper center. Two mining companies had some interest in the area during the late 1990s but relinquished the ground despite revealing enriched copper in one hole and substantial amounts of leached capping in all other holes, an indicator for porphyry copper deposits. Stagnant copper prices contributed to the abandonment of the ground prior to the identification of any ore body. The claims currently are within the Ironwood National Monument, which was established after the claims were staked.

Alaska

Through our wholly owned subsidiary, Big Chunk Corp., Liberty Star holds claims to the Big Chunk Super Project (BCSP), covering approximately 101 square miles in southwestern Alaska, targeting copper, gold and molybdenum. The Big Chunk lands are within nine miles the Pebble property, which promises to be among the richest mining districts in the world for copper, gold and moly for decades to come.

Hub On AGORACOM / Corporate Website

 

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Liberty Star Hay Mountain Project Update: Geophysics & Geochemistry Completed, S-1 Approved, Drill Plan Underway

Posted by AGORACOM-JC at 4:01 PM on Thursday, January 30th, 2014

TUCSON, Ariz.–Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) announces an update of its premier exploration project for copper, gold, moly, lead, zinc, silver and REEs in Cochise County, southeast Arizona.

“The slow, tedious targeting program is now at a state of completion.”

Hay Mountain Project update summary:

  1. Geophysics contractor Geotech Ltd. has completed 3D inversion magnetic data which correlates with geochem anomalies, and ZTEM – EM anomalies. Final interpretation by Geotech’s Chief Interpretative Geophysicist is pending.
  2. SEC Form S-1/A – the Company has received SEC Notice of Effectiveness. This drawdown facility will be used to cover the Company’s ongoing overhead expenses. Other means are sought to fund exploration drilling, minimizing any dilution to the Company’s stock.

Company CEO/Chief Geologist Jim Briscoe’s update:

“This week Geotech Ltd. delivered completed 3D inversion/magnetic images from its aeromagnetic analysis (part of the ZTEM system) of Hay Mountain. The images indicate that the magnetic anomaly is right on top of the geochemical anomaly and the ZTEM electromagnetic (EM) anomaly, which is what we had hoped. This type of a magnetic anomaly is exactly what identified the Pima-Mission mine in the Pima mining district 20 miles south of Tucson and about 80 miles west of Hay Mountain. These mines now compromise one open pit 7342 feet (1.4 miles) long, 7,244 feet (1.37 miles) wide and 1013 feet deep. It has been producing from a skarn ore body of copper, moly, silver, gold, lead, zinc and other metal elements, and it has just celebrated its 50th anniversary last year. It is estimated it will continue to produce for another 30 years. The ore body was completely covered and hidden by about 200 feet of alluvium (dirt) but was indicated by a strong magnetic anomaly.

“We have now compared the footprint of the Mission-Pima ore bodies to the magnetic anomaly high at Hay Mountain, electromagnetic anomalies and the nested geochemical anomalies. The footprint (horizontal or map projection) of the Mission-Pima ore body fits comfortably in the superimposed anomalies at Hay Mountain. Similarly, the footprint of both Bisbee, Arizona, and Bingham Canyon, Utah, also fit comfortably within the anomaly highs at Hay Mountain.

“Geotech recommends no further work on a 3D processing of the ZTEM response. Thus we have completed the remote sensing portion of the exploration of the Hay Mountain porphyry copper-gold anomaly. We are now ready and in fact have started plotting drill hole locations that will test the superimposed and mutually reinforcing anomalies. This work will go comparatively quickly. When completed we plan to contract archaeological review on the new drill sites to assure no destruction of antiquities. After that we will apply for drilling permits from both the Arizona State Land Department (ASLD) and the U.S. Bureau of Land Management (BLM). We will continue our conversations with potential funders of the first year of drilling with the goal of obtaining full funding for the four- year drilling program. However, if the first year of funding is in place, we will start the program.

“The slow, tedious targeting program is now at a state of completion.

“We are not going to use drawdowns from the S-1 to fund the drilling program. These will be used for ongoing overhead; we plan to fund the drilling program through different non-dilutive sources that will be disclosed when such negotiation is complete.

“We plan to embark on a carefully targeted drilling program that will progress relatively quickly, assuming funding is obtained. If we find what our numerous detailed and cutting-edge technical studies suggest is present, we hope to delimit mineralization that once drill-defined will lead to a minable deposit of significant proportions. The time table for drilling will be presented as soon as we receive permitting and money. Logistics and weather permit year-round drilling activity in a generally comfortable environment. Local supplies and labor are close at hand. The drilling can precede 24/7/365 if adequate funding is available.”

Jim Briscoe
“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include: that a porphyry copper system is indicated; that we can find alternative means to funding our drill program, minimizing stock dilution; that we will then apply for drilling permits and seek full funding for the 4 year drilling program and that we hope to delimit mineralization that will lead to a minable deposit of significant proportions. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not be able to get equipment or labor as we need it; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company’s recent S-1, its 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.

Contacts

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
[email protected]
Follow Liberty Star Uranium & Metals Corp. on Facebook , LinkedIn & Twitter @LibertyStarLBSR

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