Liberty Star Provides 2012/2013 Exploration Plans Update

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

Liberty Star Uranium & Metals Corp. (Liberty Star or the Company) (LBSR: OTCBB) is pleased to provide an updated program for exploration activity on its properties in Alaska and Arizona. The 2012/2013 exploration program will include:

The Company plans to fund its current BCSP drilling program through private placements and its financing arrangement with Fairhills Capital (NR 118). Liberty Star Management continues discussions with various entities regarding short term and large scale funding of its Big Chunk Super Project.

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

Forward-Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include all our planned exploration work, our planned payments to keep properties in good standing, and that the results of our planned work will provide good information on our assets. Factors which may delay or prevent these forward-looking statements from being realized include: the failure of our exploration program to identify targets; 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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Liberty Star Provides 2012/2013 Exploration Plans Update