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Message: NR - Liberty intersects 2.51% Ni over 10.4m at the Hart Project

NR - Liberty intersects 2.51% Ni over 10.4m at the Hart Project

posted on Feb 26, 2008 02:31AM
Things are only getting better and better IMO

According to Sedar:

TSX: LBE For Immediate Release

Press Release 6-08 February 26, 2008

Liberty intersects 2.51% Ni over 10.4m at the Hart Project

EDMONTON, Alberta. Liberty Mines Inc. (“Liberty or the Corporation”) is pleased to
announce that diamond drilling at the Hart Nickel Project continues to return high grade
Nickel (“Ni”) intersections in the sulphide pool described in earlier releases. Diamond drill
hole H-08-66 intersected 2.51% Ni over 10.4 metres of core, close to the central portion of
the lower zone. This intersection confirms the grade and width of the orebody within the
previously stated strike length of 210m, having intersected 50 east and up dip of hole H-07-
63 which returned a high grade zone of 2.05% Ni over 9.8m.

Other boreholes in the vicinity intersected 2.15% Ni over 14.55 (H-07-35), 1.19% Ni over
25.55m (H-07-45), 1.15% Ni over 27.4m (H-07-30), and 1.37% Ni over 14.2m (H-07-48).
Collectively, these boreholes have outlined the main sulphide pool discovered last year
which remains open to the east, west and at depth.

The core lengths presented in the table are the intersected core lengths, and the composite
lengths are core weighted.


Hole Number From (m) To (m) Interval* (m) Ni%
H-08-66 404.30 414.70 10.40 2.51
H-07-64 305.00 315.50 10.50 0.65
Including 1.50 2.10
* True widths are generally 70-95% of reported widths, where possible to ascertain.
In cases where data is sparse true widths are yet unknown.


Borehole Coordinates

Hole Number Collar Coordinates Azimuth Dip
Easting Northing Elevation
H-07-64 2450 3850 2300.6 360 -66
H-08-66 2500 3800 2300 360 -68


Borehole H-07-64 intersected the upper edge of the same zone approximately 25m east of
previously released borehole H-07-61. Together they represent what is, at present, the
upper margin of the embayment that led to major sulphide accumulation. This area will be
tested further to determine the margins with increased confidence.

“Hart continues to deliver,” said William Randall, Liberty’s Vice President of Exploration.
“This latest drill hole confirms the economic potential of the orebody, returning
concentrations high enough to compensate for weaker nickel commodity prices, should they
occur. And, as stated previously, the large sulphide pool is wide open to the east, west and
at depth.” he added.

The project was supervised by Liberty’s Vice President of Exploration, William Randall MSc
(Geology), Tyron Breytenbach BSc (Geology) and by Richard Allard P. Geo., a qualified
person as defined by National Instrument 43-101, has reviewed the contents of this release.
According to the company sampling protocol, half of the diamond drill core is sampled and
sent to ALS CHEMEX in Timmins to be prepared for analysis. The prepared samples are then
forwarded to the ALS CHEMEX Laboratory in Vancouver for analysis. Base metal values are
analyzed by aqua regia digestion and ICP-AES finish. A rigorous QA/QC program is
implemented consisting of regular insertion of standards and blanks to ensure laboratory
integrity.


About Liberty Mines Inc.

Liberty Mines Inc. is a producer of nickel and is focused on the exploration, development
and production of nickel, copper, cobalt and platinum group metals from its properties in
Ontario, Canada.

CAUTIONARY STATEMENT
No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein. This News Release includes certain “forward
looking statements”. All statements other than statements of historical fact included in this
release, without limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Liberty, are forward looking
statements that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause
actual results to differ materially from Liberty’s expectations are exploration risks,
commodity prices, assumed startup and operating costs detailed herein and from time to
time in the filings made by Liberty with securities regulators.

For further information please contact:
Dr. Gary Nash, PhD (Physics), President & CEO
Liberty Mines Inc.
Phone (416) 238-9736 Fax 780-437-7898
e-mail: gnash@libertymines.com
or:
Chris Simister, Manager Investor Relations
Phone (780) 485-2299 Fax 780-485-2253
e-mail: csimister@libertymines.com

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