Liberty Star Uranium and Metals Corp (LBSR)

[Eli's Gone]

There has always been conjecture where the 'ol JABA-Phelps Dodge JV drill hole was (I believe there were two-I'm sure JB knows ) and proximity to current claims...

from JABA's 1Q 1998 balance sheet:

Hay Mountain, Cochise County, Arizona
The Company holds 7 mineral exploration permits in this area comprising approximately 2,115 acres. On November 26, 1997, the Company signed a joint venture agreement with Phelps Dodge Exploration Corporation (?Phelps Dodge?) forming a limited liability company, Colina Mining, L.L.C. (?Colina?), to further develop this property. This joint venture was an amalgamation of the property held by the Company and 7 mineral exploration permits held by Phelps Dodge comprising approximately 2,560 acres. On March 27, 1998, Phelps Dodge withdrew from the Hay Mountain Joint Venture. Phelps Dodge will turn over all assets, including property and data to the Company.

digging around:



on this map---LBSR Hay Mt. claims are shaded in yellow---section #'s with a box around them have LBSR Arizona Mineral Exploration Permits on them...

note: T21S 23E S01 is private property...

the BIG RED ARROW points to the location of the Phelps Dodge drill hole