TUCSON, Ariz.--(BUSINESS WIRE)--

Liberty Star Uranium & Metals Corp. (Liberty Star or the Company) (OTCQB: LBSR) is pleased to announce geophysical contractor Geotech Ltd.(Geotech) has proposed a money saving program of fixed wing aircraft (vs helicopter) borne ZTEM geophysical surveys over the Hay Mountain target and the Tombstone Super Project in Cochise County, Arizona.

Geotech geophysicists are currently adjusting flight lines and preparing a new bid for the ZTEM survey which the Company hopes to fly as soon as possible, possibly by the end of the month.

Other Hay Mountain news:

Comments CEO/Chief Geologist Jim Briscoe: While we would like to move even faster on our Hay Mountain project it is clear we are progressing toward drilling. ZTEM electromagnetic (EM) studies are essential to a modern, efficient drilling program in the porphyry copper-caldera setting and I believe the surveys will identify strong porphyry copper and associated metals targets. Should we obtain adequate funding, the process can continue quite soon.

About Hay Mountain, Southeast Arizona

The Hay Mountain block of theTombstone Super Project(Cochise County, Arizona) consists of 57 unpatented federal lode mining claims in addition to 15 Arizona State Mineral Exploration Permits (MEPs). MEPs are the first step in completing an Arizona State Land Mining Lease. The Company has completed the required assessment work to hold the MEPs. This land position covers a geologically, geophysically and geochemically indicated, completely covered, porphyry copper-moly-silver-gold, and rare earth elements mineral center. One major target within the Hay Mountain claim block is defined along with four other smaller targets. Liberty Star has recently discovered a large intrusion indicated by an aerially extensive low flight level magnetic survey under and partially exposed in and around the Tombstone caldera (NR 129). Mineralization is clearly associated with this intrusive body.

Regarding new guidance SEC Regulation FD

Liberty Star will use Facebook and Twitter to announce key information in compliance with Regulation FD: Washington, D.C., April 2, 2013 The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information. http://www.sec.gov/news/press/2013/2013-51.htm

James A. Briscoe James A. Briscoe, Professional Geologist, AZ CA CEO/Chief Geologist Liberty Star Uranium & Metals Corp.

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Liberty Star’s Hay Mountain Project Update: ZTEM