McWatters is a 43-101 resource which will be updated after the current drilling. It was never drilled properly, with only vertical holes having been drilled. This new zone is on the eastern side of the deposit. The west side had the best hole previously drilled hitting 35.5m of 2.24% Ni including 5m of 12.34% Ni. We will be investigating the whole deposit for extensions.
Gary Nash, President, Liberty Mines Inc.
416-238-9736
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Liberty Mines Inc.
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DEVELOPMENT STAGE |
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CODE : LBE.TO |
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ISIN : CA6658031027 |
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Liberty Mines is a nickel development stage company based in Canada. Liberty Mines develops nickel and copper in Canada, and holds various exploration projects in Canada. Its main asset in development is REDSTONE in Canada and its main exploration properties are MCARA LAKE, HART and MCWATTERS/ SHAW DOME in Canada. Liberty Mines is listed in Canada and in Germany. Its market capitalisation is CA$ 150.7 millions as of today (US$ 144.9 millions, € 105.0 millions). Its stock quote reached its lowest recent point on November 14, 2008 at CA$ 0.03, and its highest recent level on September 17, 2010 at CA$ 9.50. Liberty Mines has 206 477 000 shares outstanding. |