Gold, Copper Explorer Liberty Star Receives Field Report, Big Chunk Alaska

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

Liberty Star Uranium & Metals Corp. (Liberty Star or the Company)(LBSR: OTCQB) is pleased to announce CEO, Chief Geologist James A. Briscoe has received a preliminary activity report from Field Manager Jay Crawford and the geologic team recapping the 2012 drilling program at the Companys Big Chunk Super Project.

The Field Manager reports that the Nikovena Camp was left in good condition and the drill hole capped for the 2013 drilling season, planned to begin May 15, 2013. Other report highlights:

States Company CEO Jim Briscoe: The early indications are that we are seeing a porphyry copper zone. We must drill additional holes adjacent to or deeper in our first hole to intercept the copper gold zone associated with this target which is one of between 4 to 12 we have identified which lie within our claims. A return to the Nikovena Camp and our south block is planned in May. In the interim we will concentrate our efforts on our Hay Mountain claims in southeast Arizona.

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

About Liberty Stars Big Chunk Super Project:

Liberty Star, through its wholly owned Alaska subsidiary, Big Chunk Corp., holds exclusive mineral exploration rights to 612 state mining claims in two blocks covering approximately 177 square miles in southwestern Alaska. The Big Chunk claims were initially staked in 2003 along the Big Chunk caldera, which is believed to host Northern Dynasty Minerals/Anglo Americans Pebble Project. Liberty Star has recently conducted exploratory drilling on specific targets for porphyry copper, gold, molybdenum (moly), silver and zinc. SRK Consulting submitted a NI 43-101 compliant technical report on the Big Chunk Super Project in 2010: available on Liberty Stars web site http://www.libertystaruranium.com/.

Forward Looking Statements:

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include the same equipment is suitable for next seasons drilling program, photographic and instrument readings indicate the presence of porphyry copper markers, the split core samples will be forwarded within the next 2 to 3 weeks to the MEG prep lab near Reno, Nevada, and that the early indications are that we are seeing a porphyry copper zone. Factors which may delay or prevent these forward-looking statements from being realized include: we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and an inability to continue exploration due to weather, logistical problems, labor or equipment problems or hazards even if funds are available. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Companys recent 10-K and the Companys other periodic reports filed from time to time with the Securities and Exchange Commission.

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Gold, Copper Explorer Liberty Star Receives Field Report, Big Chunk Alaska