Liberty Star Uranium and Metals Corp (LBSR)

[2muchmoney]

ICEMANN1, The drilling plan is the same as the one presented here in a previous NR., go figure. Its just as if they were planning all of this a couple of years ago and not telling or asking us what or if they could(?)LOL! Is that where JB spent the $67 MILLION DOLLARS, making plans and keeping it all so hush hush? LOL!

Funding of Hay Mountain drilling program through ore definition and Bankable Feasibility Study Leading to Production

Required capital funding for the Hay Mountain Project would be Phase 1 drilling at US $5.5 million for 20,422 meters (67,000 feet) of HQ diamond core drill hole to be expended in the first year to verify the presence of ore grade mineralization. Post phase 1 drilling activities in the amount of US $ 60 million including 204,000 meters (670,000 feet) of HQ diamond drill core are to be drilled over the next three years. Assuming success in defining a mineral resource, permitting, metallurgical studies, mine planning and plant design would quickly follow as would a Bankable Feasibility Study, which would be completed at the end of year five. Production would follow and is projected to be attained in the seventh year.