Liberty Star Uranium and Metals Corp (LBSR)

[PoorRich]

Yes!..and as copper producers know, "extra" minerals/metals can add to their profitability. Example, just getting moly out of an ore body could be prohibitive, but extracting copper, gold, moly (and REEs) would make the moly extraction costs next to nothing and then it becomes profitable.

JB mapped those areas at Hay Mtn because there were concentrations there. He doesn't have the precious metals all over or the copper.
My understanding of the ZTEM is that it was confirming for the central geochemical...
from NR 170: http://www.libertystaruranium.com/2013/12/11/nr-170-liberty-star-receives-final-draft-ztem-report/

'From the “Executive Summary” Summary Interpretation Report on a Helicopter-Borne Z-Axis Tipper Electromagnetic (ZTEM) and Aeromagnetic Geophysical Survey: The Hay Mountain Project Tombstone Mining District, Cochise County, Arizona
For: Liberty Star Uranium & Metals Corp.:

“The Hay Mountain Property is mainly underlain by a thick sequence of Paleozoic quartzite, limestone and siltstones, but potentially hosts buried porphyry copper deposits at structural intersections and under basin-fill formations. There is additional potential for polymetallic carbonate-hosted replacement deposits (CRD), as well as shallow chalcocite blanket porphyry type deposits and also skarn type porphyry copper deposits. Previous soil and vegetation geochemical surveys have identified a coincident Au-Pb-Cu anomaly and larger Mo-halo in the center of the property. The objective of the ZTEM surveys is to identify favourable magnetic and resistivity signatures related to potentially more deeply buried porphyry copper, CRD/skarn and chalcocite replacement deposits at Hay Mountain. The Magnetic surveys have determined that Hay Mountain hosts a large dominant magnetic high that lies buried below the Paleozoic sediments is centered over the Liberty Star geochemical anomaly and remains open to the south…As many as ten (10) magnetic anomalies have been defined.”'