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press release
Oct. 1, 2010, 8:48 a.m. EDT · Recommend · Post:
Liberty Increases Production by 69% and Appoints VP Exploration
EDMONTON, Alberta, Oct 01, 2010 (BUSINESS WIRE) -- Liberty Mines Inc. ("Liberty or the Company") is pleased to announce that the Redstone nickel concentrator ("Mill") processed 95,587 tonnes during the third quarter of 2010 ("Q3"); an increase of 69% over the 56,520 tonnes processed during the second quarter of 2010. Full production details will be released later this month after all costs related to Q3 have been processed.
Liberty would also like to announce that Mr. Peter Caldbick P.Geo joins the Company today as Vice President Exploration. Mr. Caldbick has been active in exploration and mining for the past 27 years throughout Northern Ontario and Quebec, Newfoundland and the Northwest Territories in the positions of exploration geologist, mine geologist, and consultant. He was directly responsible for building and managing the exploration teams that led to the discovery of Golden Chalice Resources' Langmuir nickel discovery adjacent to one of Liberty's mining claims in the Shaw Dome nickel belt. His exploration experience and insight into the formation of nickel deposits will be invaluable to the continued development of Liberty's resources.
Dr. Gary Nash, Liberty's President & CEO, commented: "We consider the Shaw Dome nickel belt under explored with significant potential for additional nickel discoveries. It may be the only region in the Abitibi greenstone belt that has nickel deposits associated with komatiitic extrusions and intrusions. With our fine team of geologists, we have the ability to discover new nickel deposits and increase our mine reserves from new and existing ore bodies. This is most important now that we have quickly increased our mine and mill production; with a further significant increase expected over the next quarter."
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.
SOURCE: Liberty Mines Inc.
Liberty Mines Inc.
Dr. Gary Nash, PhD (Physics), President & CEO
Tantallon, I personally hold a very large number of Liberty shares, some of which I have held for years, some of which I bought more recently at well under $.10. My average cost per share is under $.13. So I'm ahead.
Personally I don't care if ANY part of the loans is repaid this quarter. I actually don't expect there will be. We have development and exploration on which I personally would prefer to see the $ spent right now. I am not worried. At all.
I do though resent your constant, annoying, abusive and frankly useless posts.
All of the above of course, in my humble opinion only.
I am tired of of this character, who adds so little to these boards using so many aliases. Which must confuse readers at first. Of course his intention is to confuse and mislead.
I am going to suggest that he use one name only on these boards, for clarity. Why don't we try " Bruce M ". Just for fun. Hi Bruce.
Bill
Filing Date
Transaction Date
Insider Name
Ownership Type
Securities
Nature of transaction
# or value acquired or disposed of
Unit Price
Aug 19/10
Aug 17/10
Nash, Gary
Indirect Ownership
Common Shares
10 - Acquisition in the public market
25,000
$0.125
New haulage road being planned in area of Liberty's Redstone Mine
Comments are being invited from the public
Posted By The Timmins Times
Posted 40 minutes ago
Liberty Mines has applied to the Ontario Ministry of Natural Resources (MNR) to build a mine haulage road in Eldorado Township between the Hart Mine and the McWatters mine. The road would be roughly three kilometres long and would eliminate ore haulage trucks from the nearby Stringer's Road. The project has been assigned a Category-A environmental assessment in anticipation of a low level of public concern.
Members of the public who wish to comment on the project or get more information must contact MNR District Planner Justin Standeven at 705-235-1383, or Liberty Mines General Manager Jason Cyr at 240-6450 extension 5000. Comments on the proposal must be received within the 15-day comment period, which expires on August 21, 2010
Liberty's Nickel Concentrator Operating at Full Permitted Capacity
Posted on: Thu, 15 Jul 2010 08:00:00 EDT
EDMONTON, Alberta, Jul 15, 2010 (BUSINESS WIRE) --
Liberty Mines Inc. ("Liberty or the Company") is pleased to announce that the Redstone nickel concentrator ("Mill") located near Timmins Ontario is operating at its permitted capacity of 1500 tonnes per day. The Mill has demonstrated the ability to run at its design capacity of 2000 tonnes per day and an amendment to the Certificate of Industrial Sewage Works is being submitted to the Ministry of Environment to increase the permitted capacity of the Mill to 2000 tonnes per day.
During the month of June 2010, the McWatters open pit produced 32,500 tonnes of ore grading 0.42% nickel and the McWatters underground operations produced 16,278 tonnes grading 1.17% nickel from development and stoping. Sublevel caving is scheduled for mid August 2010 after the open pit is exploited to approximately the 1270 level. Long hole blasting from the 140L is scheduled to commence shortly providing high grade ore for processing.
Gary Nash, Liberty's President & CEO, commented: "We now have ample ore to run our concentrator at its full permitted capacity. This is a milestone for the Company which enables us to run our mining and milling operations efficiently. The extra capacity of the Mill provides us the opportunity to further enhance those efficiencies."