TUCSON, Ariz.--(BUSINESS WIRE)--Liberty Star Uranium & Metals Corp. (???Liberty
Star?????or the?????Company???)
(OTCQB:
LBSR) is pleased to announce written Testimony for the Record has been
submitted to the US House of Representatives Committee on Natural
Resources Subcommittee on Energy and Mineral Resources for the July 23rd
hearing on ''American Metals and Mineral Security: An examination of the
domestic critical minerals supply and demand chain.''
CEO/Chief Geologist Jim Briscoe's address to Shareholders ???About
Rare Earth Elements??? (August 7, 2013) is included in the testimony.
Briscoe???s opening remarks are also included in the Testimony for the
Record:
???I am founder, CEO and Chief Geologist of Liberty Star Uranium & Metals
Corp., an Arizona-based mineral exploration company engaged in the
acquisition and exploration of mineral properties in the states of
Arizona and Alaska. Last year I addressed the shareholders of the
company regarding the urgent and continuously growing need for rare
earth elements (REEs)
by industry and the military. I submit that communication here today for
the subcommittee???s reviews.
Before presenting that communication, I would like to give the Committee
some background on what I believe could be a large and reliable source
of rare earth elements in southeast Arizona. While more exploratory work
is required, my company discovered the presence of at least 4 of the 17
REEs while conducting geochemical surveys for copper and gold in
southeast Arizona, near Tombstone, Arizona, in an area we call the Hay
Mountain Project.
In May 2012 we reported via news release (NR
122): ''A surprising presence of rare earth elements (REEs) has been
defined over a large area (7 to 9 square miles). This was completely
unexpected and justifies further study. The REEs we assayed for are
among the 17 REEs now known, are strongly anomalous, and are scandium,
yttrium, lanthanum, and cerium. The other 13 known REEs were not
included in our assay process. In due course we will re-assay the
samples for these additional REEs.''
Fully two years after we made our discovery showing that rare earth
metals are associated with the alteration pattern of porphyry copper
deposits (the type of copper deposits dominant in the USA and most of
the world), the Head of the U.S. Geological Survey Natural Resources
Program, Dr. Lawrence Meinert, discovered rare earth elements at Bisbee,
Arizona, a porphyry copper deposit only 20 miles south of our Hay
Mountain Project. In a short professional letter he described his
discovery and opined that porphyry copper mineral deposits may become
the most important source of REEs: a point with which I agree.
While previously only small insignificant amounts of REEs had been
detected throughout the state, this finding in a new area of mineral
exploration could introduce high tech and environmentally sensitive
mining to southeast Arizona and would include other strategic metals.
The Hay Mountain Project will be primarily a copper mine that would also
produce gold, silver, molybdenum, zinc, lead and REEs???all strategic
metals required for the 21st Century economy and beyond.???
???James A. Briscoe??? James
A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty
Star Uranium & Metals Corp.