Tombstone Porphyry-Precious Metals Project

Tombstone Porphyry-Precious Metals Project Tombstone Porphyry-Precious Metals Project consists of 33 unpatented federal lode mining claims over a projected covered porphyry copper mineral center in Cochise County, Arizona. Mining throughout the region began in the late 19th Century and led to the rise of legendary boomtown Tombstone, Arizona. Many of these mining sites, including what is now Liberty Star's land, reside within or adjacent to a large volcanic and intrusive geologic feature known as a caldera. These caldera structures are present throughout southern Arizona, making the region one of the richest porphyry copper areas on the planet. Circa 1938 exploration and development of the Tombstone Mining District in this area was stalled by altered sedimentary rock (hornfels) that was too hard for the drill technology of the day(churn drills). With copper prices on a continued upward trajectory, and modern mining technology in place, the terrain along this large caldera is again of great interest.  Through geochemical sampling and computer modeling, Liberty Star founder and CEO James Briscoe, discovered a compelling drill target for a very large limestone hosted porphyry copper-replacement deposit.   If exploration is successful, mining projected for this target would be underground and could produce copper, moly, gold, silver, lead, zinc and potentially other by product metals. While there are no drilled mineral resources on this property, it is adjacent to the old historic Tombstone Consolidated mines and the target is defined by technical work to allow an immediate start to drill testing, after permits and a drill rig, now in short supply are obtained. In mid March, 2011 Liberty Star contracted SRK Consulting to prepare a NI 43-101 style report. Members of SRK’s engineering/scientific staff supervised by Qualified Person and SRK’s Tucson Office Principle Geologist Corolla Hoag, and geologist Dr. Jan Rasmussen have visited the Tombstone property...  Their information will be combined with the previously gathered geochemical, geophysical and computer modeling data and undergo a thorough technical analysis.