SOURCE: Liberty Mines Inc.

August 13, 2007 08:00 ET

Liberty Continues to Expand the Hart Nickel Project

EDMONTON, AB--(Marketwire - August 13, 2007) - Liberty Mines Inc. (TSX-V: LBE) ("Liberty or the Corporation") is pleased to announce that diamond drilling at the Hart nickel deposit continues to intersect ore grade values and widths. Mineralization continues to be confirmed across a strike length of approximately 300m and down to 205m below surface. The core lengths presented in the table are the intersected lengths, and the composite lengths are core weighted.

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Hole Number       From (m)     To (m)     Interval (m)     Ni%
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H-07-31              218.0    221.7.0              3.7     1.14
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Including                                          0.3     5.10
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H-07-25               95.6       98.2              2.6     1.08
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                     Borehole Coordinates

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                     Collar Coordinates
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Hole Number      Easting      Northing      Elevation    Azimuth     Dip
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H-07-25          2550         4000          1000         360         -45
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H-07-31          2245         3910          1000         360         -50
------------------------------------------------------------------------

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H-07-31 intersected the mineralized horizon approximately 50m west of H-07-22, which intersected 2.91% Ni over 3.7m. This confirms the mineralized widths and higher Ni tenor at depth. H-07-25 and H-07-31 represent the first two boreholes drilled and assayed after previously released results. Hole numbering is out of sequence due to drill logistics.

The subsequent five diamond drill holes intersected significant mineralized intervals, including massive and/or disseminated zones, and assay results are currently pending.

The project was supervised by Liberty's Vice President of Exploration, William Randall MSc (Geology), and by Richard Allard P. Geo, a qualified person as defined by National Instrument 43-101. 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 mineral exploration and development company with a focus on the development and mining of nickel, cobalt, copper and platinum group metals from its properties in 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 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.

Contact Information

  • 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: Email Contact


    Press Release 22-07