133.5 g/t (3.9 oz/t) Gold: Liberty Star's JV Partner Reports One of Sixteen Samples in 2007 Exploration Summary.TUCSON, Ariz. -- Liberty Star Uranium & Metals Corp. (the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : LBSU LBSU California State University, Long Beach (usually seen as CSULB) ) is pleased to announce that on February 11, 2008 Millrock Resources of British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture: MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), our Joint Venture Partner, released information regarding their 2007 exploration findings, including the Liberty Star Uranium & Metals Corp.'s Bonanza Hills Project in Alaska. February 11, 2008: RE:"..........Reconnaissance Sampling.........." "Bonanza Hills and King Tut Millrock has also carried out reconnaissance surveys at its Bonanza Hills and King Tut properties, which are located northeast of the Pebble porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. copper - gold - molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. deposit in southwest Alaska Southwest Alaska is a region of the U.S. state of Alaska, part of the Alaska Bush. Geography Like all regions of the state, it has no formal boundaries; one rough definition includes the Aleutians East, Bristol Bay, Kodiak Island, and Lake and Peninsula boroughs and the . These claim blocks are centered on geological, geochemical and geophysical features that may indicate the presence of copper-gold porphyry deposits. While no obvious signs of porphyry style mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. or alteration were observed at Bonanza Hills, vein-style gold mineralization was noted in talus talus (tā`ləs), deposit of rock fragments detached from cliffs or mountain slopes by weathering and piled up at their bases. A talus is a common geologic feature in regions of high cliffs. . The significance of the talus source has yet to be determined, but grab samples collected from the veins returned the following high grade results. Sixteen samples range from less then detectable (.005 g/t) to 133.5 g/t. Rock Type > > Au g/t Ag g/t Talus - vein > > 24.8 2.5 Talus - vein > > 133.5 9.3 Talus - vein > > 46.5 2.7 Talus - vein > > 78.0 5.4 Talus - vein > > 57.2 1.5 Little outcrop is exposed at King Tut. However, stream sediment samples anomalous in gold and copper were collected. Millrock plans further geological and geochemical surveys in the 2008 field season to determine the significance of the anomalous conditions. Drilling will be carried out if warranted." Liberty Star is not affiliated with the "King Tut" property. Please review Millrock's entire news release and Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statements on their website: http://www.millrockresources.com. Also from Millrock's February 11 news release: "About Millrock Resources Inc. Millrock Resources Inc. is a TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. listed company focused on exploration of mineral deposits in Alaska. Alaska is a highly prospective, largely under explored region, which boasts several world class deposits. Millrock's goal is to target similar type deposits, through acquiring and exploring land packages that have the potential to host mineral deposits of global significance. To date, Millrock has acquired four promising projects, and intends on making further key acquisitions." About the Liberty Star Bonanza Hills Project Liberty Star's Bonanza Hills project area, targeting high-grade gold with subordinate silver, is located approximately 65 miles from the village of Iliamna and about 40 miles northeast of our Big Chunk project area, or about 160 miles west-southwest of Anchorage. Bonanza Hills comprises 54 Alaska State quarter section mining claims, covering 13.5 square miles, which are 100% owned by the Company, with a small royalty due to the state of Alaska. Current JV Partner is Millrock Resources (MRO - TSX V) of Vancouver, British Columbia. Liberty Star is very enthusiastic regarding the results of Millrock's sampling. We look forward to further results from work pending the coming field season. It is worthy of note that 1.0 grams/tonne is equal to 0.029 troy ounces per ton which is the conversion factor to change grams per tonne to ounces per ton. For the Board of Directors James A. Briscoe SAFE HARBOR STATEMENT Statements in this news release that are not historical are forward-looking statements. It is important to note that the Company's actual outcomes may differ materially from those statements contained in this news release. Forward looking statements in this news release include that we are looking forward to further results from work pending by Millrock. Factors which may delay or prevent this from occurring include that Millrock does not proceed with further work, or that there may be misinterpretation of data; and despite encouraging results, there may be no commercially exploitable resource on our property. Readers should refer to the risk disclosures outlined in the Company's recent 10-KSB and the Company's other periodic reports filed from time to time with the Securities and Exchange Commission. |
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