LBSR's claims lay adjacent to the Pebble mine, a world-class joint project by Northern Dynasty Minerals (ticker: NAK) and Anglo-American. The Pebble mine is thought to be the largest in North America, and possibly the world, with enough copper and gold to provide 25% of U.S. needs for the next 50+ years . Actual drill cores and other testing have proven this to be the case, and exploration is ongoing.
Thanks to a ZTEM study done recently, LBSR's claims are thought to contain 6 to 7 times the assets of nearby Pebble. Northern Dynasty has proposed a 60/40 joint venture with Liberty Star, to provide $10M over the next six years. Negotiations are now pending.
Northern Dynasty Minerals was created by Hunter Dickinson (HDI)
ZTEM survey completed by Geotech, Ltd.
Projects
Big Chunk/Bonanza Hills in Alaska (Gold/Copper/Molybdenum)
Big Chunk Super Project
Exclusive mineral exploration rights held by wholly-owned Alaskan subsidiary Big Chunk Corp
The property consists of 707 mining claims known as the Big Chunk claims, covering approximately 177 square miles (about 270,000 acres) of southwestern Alaska. Liberty Star's 2009/2010 ZTEM exploration program has yielded indications of porphryr copper and gold.
On July 8, 2010, Liberty Star announced a new partnership with Northern Dynasty Minerals Ltd. Liberty Star sold 13% of its Alaska acreage (23.4 square miles) to Northern Dynasty. The two companies expect to finalize an agreement that includes a definitive earn in option for Northern Dynasty and a joint venture agreement that sees a 60/40 split for Northern Dynasty and Liberty Star.
http://www.libertystaruranium.com/www/projects/big-chunk-super-project
Bonanza Hills Project
Exclusive mineral exploration rights held by wholly-owned Alaskan subsidiary Big Chunk Corp
Liberty Star's Bonanza Hills project area, targeting high-grade gold with by-product silver, is located approximately 65 miles from the village of Iliamna and about 40 miles northeast of our Big Chunk project area, or about 160 miles west-southwest of Anchorage.
http://www.libertystaruranium.com/www/projects/bonanza-hills-project
North Pipes Super Project in Arizona (Uranium)
Claims are 100% owned by Liberty Star Uranium & Metals Corp.
This project is known as North Pipes and it is targeted specifically for high-grade uranium mineralization. The mineralization type (ore-type) and mineral province is relatively recently recognized. The area has produced some 26 million pounds of uranium.
http://www.libertystaruranium.com/www/projects/north-pipes-super-project
Tombstone Porphyry-Precious Metals Project consists of 33 unpatented federal lode mining claims over a projected covered porphyry copper mineral center in Cochise County, Arizona. Mining throughout the region began in the late 19th Century and led to the rise of legendary boomtown Tombstone, Arizona. Many of these mining sites, including what is now Liberty Star's land, reside within 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. Fuller exploration and development of the Tombstone Mining District was stalled by altered sedimentary rock that was too hard for the drill technology of the day. With copper prices on a continued upward trajectory, and modern mining technology in place, the terrain along this large caldera is again of great interest to the international mining community. Through geochemical sampling and computer modeling, Liberty Star founder and CEO James Briscoe, discovered a compelling drill target for a very large limestone hosted porphyry copper-replacement deposit. If exploration is successful, mining projected for this target would be underground and could produce copper, moly, gold, silver, lead, and zinc. While there are no drilled mineral resources on this property, it is adjacent to the old historic Tombstone Consolidated mines and the target is defined by technical work to allow an immediate start to drill testing.
http://www.libertystaruranium.com/www/projects/tombstone-project
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.
http://www.libertystaruranium.com/www/projects/east-silver-bell-porphyry-copper-project
Location/Image Gallery
Pebble Mine
Pebble and Liberty Star's maps, superimposed.
These claims were strategically placed by LBSR's CEO, James Briscoe. He recognized the Pebble Mine was in a geological formation called a caldera, which is an ancient collapsed volcano, hence the donut-like shape. Liberty Star's claims cover the majority of land in this caldera, where only the lower right portion is owned by Northern Dynasty Minerals.
Pebble Deposit (area of high quality mineralization)
Management
 | Mr. James A. Briscoe
Position: President & Board Chairman  Mr. James A. Briscoe, P. Geo. And Chairman of the Board, is one of the chief founders of Liberty Star Uranium & Metals Corp. Mr. Briscoe's involvement in mineral exploration and discoveries spans over 40 years. He is a Registered Professional Geologist in the States of California and Arizona since 1969 and 1972 respectively. Credited with expanding porphyry copper ore reserves at Silver Bell, Arizona and identifying major gold deposits in the Randsburg District in California, he was also instrumental in the discovery of the large disseminated McDermitt open-pit mercury mine in Nevada. Mr. Briscoe co-discovered and co-owned the Wind Mountain gold-silver mine in Nevada and has served as either an officer and or director of three other publicly trading exploration and development companies. |  |
| |
|
| Mr. Gary Musil
Position: Secretary  Mr. Musil has more than 30 years of management and financial consulting experience and has served as an officer and director on numerous public companies since 1988. This experience has resulted in his overseeing the financial aspects and expenditures on exploration projects in Peru, Chile, Eastern Europe (Slovak Republic), and British Columbia, Ontario, Quebec and New Brunswick (Canada). Prior to this, he was employed for 15 years with Dickenson Mines Ltd. and Kam-Kotia Mines Ltd. as a Controller for the producing silver/lead/zinc mine in the interior of British Columbia Canada. Mr. Musil currently serves as an Officer/Director on four TSX Venture Exchange public companies. |
|
| |
|
| Dr. John M. Guilbert
Position: Director  Dr. John M. Guilbert currently holds the position of Professor Emeritus at the University of Arizona. Dr Guilbert is a world-renowned and award winning geologist & author. He is the co-developer of the Lowell-Guilbert porphyry copper model, and recipient of mining's two most prestigious awards back to back (the R. A. F. Penrose Medal and the D. C. Jackling Award). Dr Guilbert has served as a director on two TSX Venture companies and now brings his extensive exploration experience to Liberty Star Uranium & Metals Corp. |
Share Structure & Contact Info
| Share Structure as of December 22nd, 2010 as per TA: (775) 322-0626. Authorized: 1,250,000,000 Outstanding:646,517,271 Float: 398,618,333 estimate | Liberty Star Uranium & Metals Corp. 5610 E. Sutler Lane Tucson, AZ 85712 Phone: 520-731-8786 http://www.LibertyStarUranium.com info@LibertyStarUranium.com |
News & Updates
Daily Chart
