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Below is an excerpt from News Release 113:
TUCSON, Ariz.–November 2, 2011–Liberty Star Uranium & Metals Corp. (The “Company”) (OTCBB: LBSR) is pleased to announce that it has completed 80% of the collection of rock, soil and vegetation (biogeochemical) samples over approximately 621 sample sites surrounding and over the Hay Mountain claim area, one of three or more target areas comprising the Company’s Tombstone Porphyry-Precious Metals Project. All rock and soil samples have been collected, and vegetation sample collection is ongoing and will be completed in about 20 days or by about November 20.
Samples are collected by experienced Liberty Star staff. Storage, shipment and treatment of these samples follow Canadian Instrument 43-101 guidelines with chain of custody records and quality assurance/quality control duplicate and control assay samples inserted regularly into the sample stream by MEG Inc –a sample preparation lab run by our experienced geochemist and then on to a certified analytical laboratory in Vancouver BC, Canada. The approximate 621 sample sites will generate three samples each except where rock or soil or vegetation is not available thus yielding approximately 1,863 samples. Each of these samples will be assayed for 63 elements generating about 117 thousand analyses. These assays will be processed by various computer programs into graphs and maps showing elemental concentrations. We know from Dr. John Guilbert’s Porphyry Copper Model (Lowell- Guilbert model) that various elements are zoned around the porphyry center, like bulls eyes in a rifle target. The various elements move upward with upwardly moving ground water bringing them along and plants absorb the water depositing elements in their stems. Thus when we collect and analyze the plant stems we can detect metals at significant depths exceeding a thousand feet or more. With our geochemical results we can predict where the porphyry center is, as well as peripheral lead, zinc, silver, manganese and gold zones.
Pebble Partnership responds to EPA letter
Click below.
Pebble Partnership issues PR responding to the EPA's draft Bristol Bay Watershed Assessment
Hello FlightTime, welcome aboard (no pun intended!),
I too share your deep sense of urgency because we are now entering the second wall of the financial hurricane we originally entered in 2008. This will certainly make capital hard to raise in the general sense.
However, in a scenario where fiat currency is revealed to be the toilet paper it truly is, gold is the antidote, is it not? I would argue that if BCSP contains as much gold as we suspect and hope, funding won't be overly hard to come by.
What do you find so surprising? Do you know how many times I've read that kind of boiler-plate cover-your-butt language on PM exploration company documents?
If you find that language unusual then you have just outed yourself as a rank amateur. Congrats.
Dear Gang,
Could someone please summarize, maybe bullet point style, the advantages/disadvantages between being an "ordinary" investor who is long LBSR, and an accredited investor who is long via a private placement with warrants attached? Someone on this board indicated a few hours ago that if you're in it for the "long term", which I surely am, that one is better of with plain old stock. I'm a bit confused. Bless you my fellow pirates/friends.
I'm just hoping the EB-5 gets off the ground. EB-5 = ZERO dilution.
Is JB not a brilliant geologist?
Drilling permits aren't the issue. JB's body mass index is.
Of course. JB's body mass index hasn't improved.
Tears of joy? Just wait till we get Hay Mountain drill results!
CEMJQ is puzzled that LBSR got this new credit facility despite JB's sub-optimal body mass index.
CEMJQ: LBSR is up today. May we infer that JB's body mass index has improved?
Thanks MineAllMine... actually I was TRYING to be funny by asking about Silver Bell cuz you wanted to get back on topic and you mentioned that 70s song Ring My Bell!
(Uh oh. Quick--think of something to make this post "on topic.")
So... uh... what is LBSR doing with the Silver Bell property. There... now we're on topic.
Howdy Greenbay... what does CDRG stand for?
Att: All LBSR longs... This is us when the JV news hits
Look KY... It's my understanding that A&P dumped most/all of their shares @ a bit over 0.02 When LBSR skyrockets next year, A&P will be on the dock watching the pirate ship laden with gold set sail, whilst we party on board with rum punch to the music of a steel drum band.
That will be their recompense.
Aaaaaarrrgh!