Liberty Star Provides 2012 Exploration Update, Hay Mountain, Arizona

Liberty Star Uranium & Metals Corp. ("Liberty Star” or the "Company”) (LBSR: OTCBB) is pleased to provide an updated program for exploration activity on its Hay Mountain claims for copper, molybdenum (moly), gold and other metals. Two claim areas comprising the Company’s Tombstone Porphyry-Precious Metals Project and the Hay Mountain block will be the first to undergo further exploration. After review of 41-101 style reports compiled by SRK Consulting (see NR 110,111, 114), Chief Geologist and CEO James Briscoe has concluded that the Hay Mountain claims present the greatest potential for the discovery of copper, moly, gold and other metals on Liberty Star’s southeastern Arizona holdings. The 2012 exploration program will include:

According to Mr. Briscoe, "The SRK technical reports are a great foundation for us to build on. The geochemical lab results and ZTEM analysis will make our Phase 1 drilling program cost effective and efficient. We have roads, plenty of qualified staff and consultants in the region, and great weather conditions to conduct our Phase 1 drilling program. Hay Mountain is a very large geochemical-aeromagnetic anomaly of about 4 square miles and could host a very large mineral system. We are progressing carefully and methodically to be sure we place our drill holes accurately to test the targets we expect to be revealed by steps 1, 2 and 3 above. We will make periodic announcements on our progress in the area. I look forward to many days in the field this year.”

In Alaska, Liberty Star Management continues discussions with various entities and hopes to obtain suitable funding to mount a drilling program this summer.

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

Safe Harbor

Statements in this news release that are not historical are forward looking statements. Forward-looking statements in this news release include: that the Company’s Tombstone Porphyry-Precious Metals Project and the Hay Mountain block will be the first to undergo further exploration; that the Hay Mountain claims present the greatest potential for the discovery of copper, moly, gold and other metals; that Hay Mountain could host a very large mineral system; and that targets are expected to be revealed by our exploration program.

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 or carry on operations; and an inability to continue exploration due to weather, logistical problems or hazards even if funds are available. Readers should refer to the risk disclosures in the Company’s recent 10-K and the Company’s other periodic reports filed from time to time with the Securities and Exchange Commission.