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TUCSON, Ariz.--(BUSINESS WIRE)--Liberty Star Uranium & Metals Corp. (???Liberty
Star??? or the ???Company???)(LBSR:
OTCQB) has received word that application for Arizona State Mineral
Exploration Permits (MEPs) within the Tombstone
Super Project (TSP) have been accepted by the Arizona Department of
Mines & Mineral Resources (ADMMR). Additionally, the Company has
submitted Drill Permit applications to the ADMMR (July 2012) and has
received comments back from the ADMMR allowing the Company to proceed
with state mandated archeological reconnaissance over the proposed drill
area in the Hay Mountain portion of the TSP.
Eight new state of Arizona MEPs (the state equivalent of federal mining
claims) ???claims??? covering about 5.3 square miles comprise the new
portion of MEPs adjacent to the current Hay Mountain land position area.
These new MEPs are within the proposed ZTEM survey zone announced last
month (NR
138).
???James A. Briscoe??? James
A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.
About the Tombstone
Super Project (TSP):
The TSP initially consisted of 33 unpatented federal lode mining claims
over a projected covered porphyry copper mineral center in Cochise
County, Ariz. In September 2011, more Arizona State Prospecting Permits
(MEPs ??? the AZ state equivalent of mining claims) covering approximately
eight square miles were added after Liberty Star???s geochemical survey
discovered a large multimetal anomaly over an interpreted large covered
porphyry copper mineral center within the larger TSP area. In 2011, SRK
Consulting prepared three NI 43-101 compliant technical reports over
Liberty Star???s holdings. Each report recommended further exploration on
the area. An extensive geochemical survey sample campaign with samples
assayed for 64 elements revealed the presence of copper, gold, silver,
lead, moly, zinc and several rare earth elements. Mining throughout the
region began in the late 19th century and led to the rise of legendary
boomtown Tombstone, Ariz. Many of the old mining sites, and what is now
Liberty Star???s previously unprospected land, reside within or adjacent
to a large volcanic and intrusive geologic feature known as a caldera.
These caldera structures are present throughout southern Arizona, making
the region one of the richest porphyry copper areas on the planet. Visit
the LBSR web site: http://www.libertystaruranium.com/