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Stock impact report

Liberty Star Field Report for Initial Holes at Hay Mountain, SE Arizona [Yahoo! Finance]

LIBERTY STAR URANM METLS (LBSR) 
NASDAQ:AMEX Investor Relations: libertystaruranium.com
Company Research Source: Yahoo! Finance
The Hay Mountain property may possess commercially important metals associated with porphyry copper-gold-molybdenum mineralized bodies, well represented in the area from central Arizona to northern Mexico. Chief Geologist James Bryce offers his observation of the two holes so far drilled on the Hay Mountain property: “Hole one, (HM-117 from the previous company plan) was collared on the center of the magnetic high and over the conductor noted by the ZTEM survey. The depth to bedrock on that pad was 108' after which the drill collared into limestones of the Morita formation. The presence of Morita at this elevation indicated that that block of rock in the valley has been faulted down with a vertical offset of more than 800'. Given the vertical offset, the decision was made by the company to deepen the hole by 500' and the overall program by 1000'. At 1354' the drill encountered the carbon rich Colina Formation. Portable XRF analyses of this core showed elevated levels of copper, Show less Read more
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