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Liberty Star Announces JV with
Sagebrush Gold LTD. For Uranium
TUCSON, Ariz Liberty Star Uranium & Metals Corp. (The “Company”) (OTCBB: LBSR) is pleased to announce that it has signed a binding Letter of Intent (“LOI”) for the purposes of forming a joint venture agreement with Sagebrush Gold Ltd. (“Sagebrush”) (OTCBB: SAGE) to engage in exploration activities on the Company’s North Pipes Super Project (“NPSP”).
Sagebrush Gold Ltd. Is a publicly traded junior mineral exploration company focused on searching for world class resources and seeking out potentially significant gold exploration and development targets in Nevada's leading gold districts. Sagebrush has three current Nevada projects: Red Rock, North Battle Mountain, and the newly acquired (August 31, 2011) Relief Canyon Gold Mine & Processing Facility. Additionally, Sagebrush has recently acquired the uranium assets of American Energy Fields, Inc. (Colorado Plateau exploration stage uranium properties).
Terms of the LOI between Liberty Star and Sagebrush