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amigo777

04/29/11 8:21 PM

#55613 RE: leifsmith #55587

USGS Survey on Tombstone Caldera, SE Arizona

http://volcanoes.usgs.gov/jwynn/10sageep2k.html

Just thought it would be a good read for you. Have a great weekend.
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amigo777

04/29/11 9:29 PM

#55621 RE: leifsmith #55587

For what it is worth, please read this article from USGS on AK claims..

http://minerals.usgs.gov/minerals/pubs/state/2003/akstmyb03.pdf

"..The largest groups of claims (mostly State claims) in Alaska were in the Fairbanks, Pogo, Pebble, and Tangle Lakes (Denali Block) areas. Mining claims in the Fairbanks area covered 54,000 ha. Placer claims accounted for 25% of the total claim area in the Fairbanks area. Claims in the Pogo area covered more than 131,000 ha. Mining claims in the Tangle Lakes area near the Fish Lake ultramafic complex covered more than 88,600 ha. On-Line Exploration Services Inc., which was acting as an agent for Northern Dynasty, staked 111 65-ha (160-acre) State mining claims that covered 7,380 ha near the Pebble property. In December, Avalon Inc., which was acting as an agent for Big Chunk Corp., staked 981 65-ha State mining claims that covered 61,400 ha in December northwest of the Pebble copper-gold porphyry property. This latter claim may be the largest single-claim block staked at one time in Alaska history. The Big Chunk property was acquired by Liberty Star Gold Corp. in 2004. Claims in the Pebble area encompassed more than 146,000 ha..."

LBSR staked the SINGLE LARGEST CLAIMS in ALASKA HISTORY as quoted by USGS.

That being said, if proven, BCSP would be the LARGEST DEPOSIT find EVER in the history of Mining! That is why ZTEM showed 6-7 Pebble Size deposits. HDI/NAK know this and that is why we are in a JV with them. This is only AK. Claims in AZ is a whole different story and potential. Now, compare Pebble and LBSR potential. Pebble is at $1.5Billion Market Cap!!! LBSR will be..:-)