Liberty Star’s Big Chunk Alaska Claims Paid
December 06 2013 - 12:47PM
Business Wire
Liberty Star Uranium & Metals Corp. (“Liberty Star” or the
“Company”) (OTCQB: LBSR) is pleased to announce that it has
received confirmation of payment from the State of Alaska
Department of Natural Resources Division of Mining for Alaska
mineral claims comprising the Company’s Big Chunk Super Project.
The Company retained 54 Alaska mineral claims (12 sq miles)
covering previously identified drilling targets in both the North
and South Blocks. Claims rental fees totaled $30,640.
The Company has reduced all land that previous studies confirm
lack anomalies for porphyry copper deposits. Thorough geologic
studies specific for porphyry copper conducted from 2004 through
2010, including multi element soil and vegetation geochemistry as
well as ZTEM electromagnetic and magnetic geophysics, and drilling
did confirm multiple anomalies that are real and demand more
testing. The remaining 54 claims are over the promising
anomalies.
States CEO/Chief Geologist Jim Briscoe: “The problems that have
caused Anglo American to withdraw from the area tell us the time
for development is not yet upon us. Therefore we have dropped
claims that do not in our evaluation have potential for ore grade
mineralization beneath them, and we have retained those claims that
do. The money that would be used for holding costs for those
dropped claims will be used in Arizona on Hay Mountain and other
targets within the Tombstone mining district, and other areas of
the southwest USA.”
“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ
CACEO/Chief GeologistLiberty Star Uranium & Metals Corp.
Agoracom Investor
Relationslbsr@agoracom.comhttp://agoracom.com/ir/libertystarorLiberty
Star Uranium & Metals Corp.Tracy Myers, 520-425-1433Investor
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