July 31, 2019
Liberty Star Minerals LBSR: OTCPK
www.lbsr.us
TUCSON, AZ–(July 31, 2019)–Liberty Star Uranium & Metals Corp. d/b/a Liberty Star Minerals (“Liberty Star” or the “Company”) (OTCPK: LBSR) announces that the Arizona State Land Department (ASLD) has approved the Company’s Geologic Field Operation Plan (GFOP), covering the Hay Mountain Project. Hay Mountain is an exploration stage project for copper, gold, moly and associated metals in Cochise County, Arizona. The GFOP updates and replaces the Plan of Operation that Liberty Star was previously required to renew each year.
Liberty Star holds 15 Mineral Exploration Permits (MEP) totaling 6640 acres, all within the Hay Mountain Project. The Company is current on all MEP renewal and assessment payments due on various dates throughout the year. The most recent renewal was for a 40 acre MEP finalized July 5th, 2019. Liberty Star also holds and is current on fees required for 57 Federal unpatented lode mining claims within the Hay Mountain Project area comprising an additional 1095 acres.
Liberty Star’s CEO Brett Gross notes: “This change in designation from ‘Plan of Operation’ to ‘Geologic Field Operation Plan’ is more than simply a name change. ASLD’s geologists, archeologists, and biologists subjected the GFOP to rigorous review to reaffirm that our operational process complies with Arizona’s extensive regulatory requirements. We believe this update creates an improved foundation upon which the Company can build successes for many years to come.”
Brett I. Gross,
President & CEO
Liberty Star Uranium & Metals Corp.
d/b/a Liberty Star Minerals
About Liberty Star
Based in Tucson, Arizona, Liberty Star is a public company trading under the symbol LBSR. Liberty Star’s copper/gold/moly exploration stage Hay Mountain Project involves a large geophysically and geochemically indicated mineralized footprint in the historically high-grade mineral region of Southeast Arizona. See our website identified above for more information.
Forward Looking Statements
Some statements in this release may be “forward-looking statements” for the purposes of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company’s Annual Report on Form 10-K for the year ended January 31, 2019, and as updated from time to time in our filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this statement beyond the published date, or for changes made to this document.
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Contact:
Liberty Star Minerals
Tracy Myers
Investor Relations
520-425-1433
info@lbsr.us
Update 904