Liberty Star Uranium and Metals Corp (LBSR)

[nvl_22]

A Simplified Way to Compare Drill Results
This article published in MAY2008.

When comparing drill holes, we often simply multiply the width of the mineralized intersections to the value of metals in a tonne of ore to come up with a so-called working comparative value.

For example, the ore found in hole CSD-016 is worth US$60.42 per tonne. Multiply that by the intersection width of 718.75 meters, and you come up with 43,426.875.

This number does not represent a monetary value. Rather we use this number for comparative reasons only.

Now let's compare hole CSD-016's working comparative value to the working comparitive value of hole CSD-015.

As we just mentioned the value of the metal contained in CSD-015 is US$40.93 per tonne. Multiply that by the intersection width of 632.1 meters, and you come up with a working comparative value of 25,871.853, which is significantly lower than hole CSD-016's working comparative value. This would suggest that hole CSD-016 is a better, more highly-valued drill intersection.