SOURCE: Liberty Mines Inc.

March 05, 2007 10:03 ET

Nickel Mineralization Extended at the Hart Project

TIMMINS, ON -- (MARKET WIRE) -- March 5, 2007 -- Liberty Mines Inc. ("Liberty or the Corporation") (TSX-V: LBE) is pleased to announce that recent drilling at the Hart project has extended the known strike length of nickel mineralization by at least 65m to the west. Massive sulphides were encountered approximately 115m below surface. Core was split and sent to ALS Chemex in Vancouver for analysis. As Liberty intends to exhibit the other half of the Hart core at the PDAC in Toronto, March 4-7, 2007 to best discuss the project, it is prudent to release the facts as presented to all investors by this news release. Complete results from the first few step-out holes will be released as a group to give a more complete picture of the drill results at the project.

Massive sulphides were also encountered in the first deep hole at the Redstone Mine to investigate the in-hole anomaly discovered by Inco in 2003 from a down-hole geophysical study of borehole 89-5. A down-hole probe of RS 07-6 is in progress to further study the structure before drilling additional holes wedged from this borehole. As above, it is the Company's policy to release data from a group of boreholes to give a more accurate picture of the mineralization encountered.

The projects are supervised by Liberty's Vice President of Exploration, William Randall MSc (Geology), and by Henry Hutteri P. Geo, a qualified person as defined by National Instrument 43-101.

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.


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 8-07