Company Summary: Liberty Star Uranium & Metals Corp.

Business Focus

• Primary Business: Exploration and acquisition of mineral properties in Arizona, USA.
• Industry: Mineral resource exploration, specifically focusing on metals such as copper, molybdenum, gold, silver, lead, zinc, manganese, and rare earth elements (REEs).

Operations

• Current Stage: Exploration phase, no revenues generated to date.
• Number of Employees: Not explicitly stated, but operation appears to be small with limited personnel and reliance on consultants.
• Number of Customers/Stakeholders: Not applicable; investors and potential partners are the primary stakeholders.

Key Properties and Projects

• Main Properties:
  • Tombstone Area Exploration Properties:
    • Located in Cochise County, Arizona.
    • Includes claims on the Tombstone caldera and its environs.
    • Holds 93 mineral claims (~14,578 acres total) and 12,878.18 acres of Arizona State Mineral Exploration Permits (MEPs).
    • Not currently producing any minerals; exploratory data includes geophysical, geochemical, and mapping studies.
  • Hay Mountain Property:
    • Located southeast of Tombstone.
    • Holds 35 AZ MEPs covering 12,878.18 acres and 93 federal lode claims (1,594.68 acres).
    • Under active exploration with drilling completed in December 2023 – March 2024.
    • Drilling revealed copper mineralization traces and alteration zones; ongoing analysis to determine viability.
  • Other Properties:
    • Red Rock Canyon exploration area: Identified potentially exploitable gold mineralization, with recent high-grade channel samples (e.g., 107.5 g/t and 60.0 g/t gold).
    • Robbers Roost: Previously explored in the 1970s/1990s; indicates presence of porphyry copper systems.

Exploration Activities and Data

• Extensive geophysical surveys (magnetic, ZTEM electromagnetic).
• Geochemical sampling (rock, soil, vegetation) with approximately 1,800 samples collected over Hay Mountain.
• Detailed geologic mapping indicates potential for buried porphyry copper deposits.
• Drilling and analysis in progress; current data suggests mineralized zones but no proven reserves or economic mineral deposits identified yet.

Financial and Business Status

• Revenues: None generated so far.
• Income: Net income of $2,122,189 for FY ending January 31, 2025.
• Previous Year Loss: Net loss of $4,080,258 for FY ending January 31, 2024.
• Financial Position as of Jan 31, 2025:
  • Cash and cash equivalents: $20,962.
  • Working capital deficit: $1,652,732.
  • Total assets: $49,955.
  • Total liabilities: $1,723,912.
  • Stockholders’ deficit: -$1,673,957.
• Employees: The company employs a small team including a CEO (recently resigned), VP of Finance/CFO (Interim CEO), geotechnical manager, and investor relations. Additional work is outsourced to consultants.

Business Risks & Development

• No proven mineral resources or reserves; exploration is ongoing.
• Significant financial challenges: negative working capital, no revenue, and reliance on issuing stock and taking on debt.
• Future exploration and development depend heavily on obtaining additional financing.
• No current revenue-generating operations; business is in the early exploratory stage.

Summary

Liberty Star Uranium & Metals Corp. is a specialized exploration company targeting mineral deposits in Arizona. It holds several claims and permits primarily around Tombstone and Hay Mountain, with ongoing drilling, geophysical, and geochemical surveys, but has not yet identified economically viable resources or reserves. The company operates with a small team, relies heavily on external funding sources, and reports a net income for FY 2025 mainly from derivative liabilities and fair value adjustments, not from mineral sales or operations.