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Eli, is there anything new here? What the heck is a proof of affidavit? Is this turning into a murder trial?
India understands the value of precious metals and act accordingly. Gold and Silver are a priority for them. They do not get the propaganda and manipulation there like we do here. IMO, and I know that is right....
Yes, that was my point, and why did we not get a PR that the new area was paid in full when we got a PR that the primary area was?
Just talked with Tracy and she reiterated that GEO Tech wants to give us the best product possible. After reviewing the initial data, they decided that they needed to bring in the Helicopter for enhanced resolution over prime target areas. "They want to get an A for their work, no an F or an incomplete."
Go Super LBSR
So she said that ZTEM was incomplete?
On a separate note, should we not be expecting some additional claims to be staked after the fixed wing ZTEM?
From LBSR Facebook. Seems like GEO is really going out of their way for JB.
Liberty Star Uranium & Metals Corp.
From Geotech: planned schedule of events heli/fixed-wing Hay Mtn ZTEM program:
June 30, 2013 ~ the one crew member and spare equipment will commence mobilization to Sierra Vista, AZ
July 1-2, 2013 ~ mobilization to Sierra Vista, AZ will continue
July 3, 2013 ~ a second crew member will join and the crew and spare equipment will arrive into Sierra Vista, AZ
July 4, 2013 ~ the base station will be assembled/positioned in the field, the helicopter will arrive onsite and the heli installation will be completed
July 5, 2013 ~ testing will commence
July 6, 2013 ~ testing will be completed and pending data approval and weather production will commence
Like · · Share · 22 · 22 minutes ago ·
I believe that LBSR has a lot of favor with GEO. We will see how the story unfolds.....
Velocity of money.......
Furthermore, I would say that it would make no sense for GEOTEC to commit these resources if this project was barren of metals and a flop.
Total agreement with you, Midas!
Sounds good to me too, Paper.
There is more to this then some might think. I believe that the LBSR GEO Tech relationship is tight
Here is another post from Facebook:
Do we know if the expanded ZTEM is paid in full? Thanks!
Like · · June 19 at 8:00am
Write a comment...
Liberty Star Uranium & Metals Corp. We report the fiancials on a quarterly and yearly basis, but we will have access to the data we need for sure.
Why would we have access to all the data that we need if the ZTEM was not paid in full. And why did they do an NR saying that the original proposed ZTEM was paid in full and not this one? Why would GEO-tech now send in a Helicopter for free? To be continued.....
From LBSR Facebook:
XxxxxxxxxThere are some folks on other boards spinning this news as negative. That The fixed wing aircraft was a flop, and they would not be flying in a helicopter on their own dime. Would like to get any feedback regarding this that you could share, Tracy. Thanks so much!
Like · Reply · 2 · about an hour ago · Edited
Liberty Star Uranium & Metals Corp. No, a flop would be to get incomplete data. That isn't going to happen. This is cutting edge technology used in an exploration setting. We are proud to be associated with Geotech, because they maintain very high standards. That is not a negative thing.
Unlike · 2 · 21 minutes ago
I think this is great Elis. How 'bout you?
The fixed wing overflight of the planned 1805 km was completed on June 23rd. After initial data analysis ZTEM contractor Geotech Ltd determined that enhanced resolution over prime target areas is required to complete the survey. A helicopter will be required to fly over the prime target areas and is expected to arrive in Cochise County to conduct the work (at no additional cost to Liberty Star) within a week, subject to weather and logistics.
No one saw the news?????
I think paper gold is down, but it seems in several places that physical demand is way up.
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Looks like CDEL is blocking with the bid. Now why would that be?
Thanks for the meaningful and very helpful post. Wow, I need to save this one!
Wow, interesting specialty he has: "specializing in Microsoft Project software to monitor personnel, equipment acquisition/usage, and expenditures for multimillion dollar projects".
Danke....
So would that be A&P???
How long does it take to stake a claim in AZ? Could it greatly extend our wait time for the ZTEM results?
when was that, tokelley?
Hmmmmm....
Looks like deer valley put action to me......?
Gold is getting a beat down today.....and silver!
Great, thanks. Just wondered, otherwise I would expect a Deer Valley put to be imminent.
Do we know if the extended ZTEM is paid for in full? Sorry if I missed the post regarding this.
Excellent!
Awesome! Those green, yellow and red flags are interesting.
Thanks again, Eli......!
Hey, Eli, do you have any thoughts on this?
From VP on other board:
Repeating / Re edited & Updated
.
Re edited and updated...
somethings that can be verified by illustrations/diagrams at the LBSR and Northern Dynasty Web sites.
1) Aeromagnetic survey and soil samplings show that the Hay Mountain target viewed in a flat dimension overlaid against the mines and mining history of Bisbee, 15 miles to the south, covers very nearly the same land area. This is a fact, not conjecture.
Note that Bisbee was one of the largest and most active mining camps in the country, and mining there went on for about 130 years.
The in- process ZTEM survey over Hay Mountain is using additional geophysics to measure the target to depth to see just how well it compares to ALL of Bisbee,. It has, therefore, THE CHANCE of being AT LEAST equivalent to everything that came out of that camp, and more if rare earth elements are present in economic grades.
2) The Pebble Deposit in Alaska, by several measures, is among the largest undeveloped mineral resources on earth. It's present value, drilled but not developed, is about 525 million dollars. PEBBLE MEASURES 5,500 FEET ACROSS or 1.04 miles.
Hay Mountain, by aeormagnetic survey and soil sampling measures about 2.5 miles across for copper, and just short of 4 miles across for molybdenum, not to mention gold, lead, or other metals associated with these types of deposits. ZTEM will give us a three dimensional picture (to 6,000 feet deep), which will better illustrate what the drills may find.
3) Once again, LBSR at Hay Mountain, is not subject to the political/EPA fog surrounding Pebble. Development and mining costs should be a lot lower, and grades should be higher (given previous work there showing AT LEAST several hundred thousands ounces of gold measuring an average of 3 grams per ton).
The risk/reward ratio here is the most attractive I've ever seen, and based only on Hay Mountain. Now throw in 5-7 Pebble-like targets in Alaska, uranium in the Arizona Strip, Silver Bell, and more Tombstone area claims... WHOA!
Great. Thanks, Elis!