Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

Free
Message: 3rd Ball Mill

WebBroker Alert

========================


Liberty Commissions Third Ball Mill at the Redstone Concentrator

nlk






FSC / Press Release


Liberty Commissions Third Ball Mill at the Redstone Concentrator


Edmonton, Alberta CANADA, May 20, 2010 /FSC/ - Liberty Mines Inc. (LBE - TSX), ("Liberty or the Company") is pleased to announce the commissioning of the third ball mill at the Redstone nickel concentrator ("Mill") located 25km S.E. of Timmins, Ontario. The Mill easily processed 80 tonnes per hour or 1,920 tonnes per day and had additional capacity which was not tested.


The additional capacity of the Mill was completed on schedule to enable ore from the McWatters open pit to be concentrated starting the first week of June 2010. The drilling and blasting contractor has agreed to mobilize to the McWatters site on June 2, and mining is expected to begin shortly thereafter.


Gary Nash, Liberty's President & CEO, commented: "Re-commissioning our Mill to design capacity and bringing on the McWatters open pit are important steps in our 2010 mining plan to exploit and process 1,800 tonnes of ore per day. When the core of the pit is exploited, sublevel caving of the underground orebody can provide the tonnage necessary to continue to operate the Mill at the desired rate."


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. It owns and operates the Redstone nickel concentrator near Timmins Ontario.


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 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; regulatory approvals; receipt of mining permits and leases; equipment failures and shortage of supplies; and assumed startup and operating costs detailed herein and from time to time in the filings made by Liberty with securities regulators. Forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to publicly update any such statement or reflect new information or the occurrence of future events or circumstances, except where required by securities regulations. Accordingly, readers should not place undue reliance on forward-looking statements.


For further information please contact:

Dr. Gary Nash, PhD (Physics), President & CEO

Phone (416) 238-9736 Fax 780-437-7898

e-mail: gnash@libertymines.com


2:26:00

Share
New Message
Please login to post a reply