Liberty Star Minerals updated its wholly owned Hay Mountain property in southeast Arizona. 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 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, lead and zinc as well as increasing potassic alteration down hole. Potassic alteration is an important indicator of porphyry mineralization.

All geochemical sampling was conducted under the supervision of the Company's Chief Geologist, James Bryce, and the chain of custody from the drilling site to the independent sample preparation facility, ALS Geochemistry in Tucson, Arizona was continuously monitored per industry best practices. Liberty Star will report analytical results in due course.