Re: Liberty Star Hay Mountain Project Update: Geophysics & Geochemistry Completed...
posted on
Jan 30, 2014 05:54PM
Combining Classic Mineral Exploration with State of the Art Technology
The comparisons to ASARCO at Mission-Pima, and Brigham Canyon are noteworth. One is among the largest mines in Arizona, the other among the largest mines on earth (it can be seen from outer space). However, these are low grade mines in comparison to the Bisbee group, which had the very high grades we hope to find at Hay Mountain.
So, we are pretty sure now of having similar coverage in terms of acreage (comparing Bisbee, Mission-Pima, and Brigham Canyon). All we need is that first drill return at Hay Mountain to comfirm exceptionally high grades, and LBSR may then become the mining story of the decade, if not the first half of the century.
Earlier JB was thinking Hay Mountain could we worth 100 billion. That was before ZTEM finding 10 targets - not the 5 he was thinking - and other developments suggesting that the company's percentage ownership here may in the end be much larger than anyone had earlier projected.
Looking forward the market reaction, though it may not be that big at first - a lot of the PR is far too technical for the retail market. I'm looking for the pros to start getting in here.
BTW, this was day 50 from the last press release. ...overdue as I was saying.