Update: Liberty Star’s Presentation of Proposed Exploration at Hay Mountain AZ Has Triggered a Strong Response in the Middle East with Numerous Requests for Additional Meetings—CEO Briscoe’s Trip Rescheduled and Expanded
Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”)(OTCQB: LBSR) is pleased to announce that numerous requests for additional meetings throughout the Middle East to present the Company’s porphyry copper, gold, moly, REEs Hay Mountain Project in conjunction with the Mine Finders Program recently detailed in News Release 177 (May 15) have been received. The presentation program has been rescheduled, to accommodate those additional requests. Briscoe’s current plans are to depart the USA June 19 for these meetings. According to a letter from naseba dated May 20, News Release 177 has generated positive feedback “from more countries in the Middle East region than we were considering. We need to dig deeper. We feel delaying your roadshow until the end of June would allow us to open more doors and organize a multi-days, multi-countries roadshow that would be more beneficial to your company.” Countries under consideration for an expanded visit include Egypt, Kuwait, Oman, Turkey, and perhaps others.
Based on naseba’s positive report Briscoe has agreed to reschedule his trip to Saudi Arabia and potentially other cities to present the “One Package, Two Projects” Hay Mountain and Mine Finders program. According to the naseba letter “The later date will also be more fruitful” confirmed by several additional representatives who do not have time available in May but they have in June.
States Briscoe: “the enthusiasm for the Hay Mountain composite program is gratifying. This kind of opportunity is on the forefront of modern hands on training by industry experts using new cutting edge technologies. Our goal remains to implement phase 1 drilling at Hay Mountain, and start the Mine Finders program as soon as possible.”
“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.
Forward-Looking Statements
Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our entire planned drilling program and our planned training program. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our proposals to be accepted; we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Even if our proposal is accepted, we may not be able to carry out the instruction program as contemplated. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.
Contact
Agoracom Investor Relations
lbsr@agoracom.com
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
info@LibertyStarUranium.com
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