Business
Liberty Provides Update on the Hart Project
Feb. 10, 2011 (Filing Services Canada) -- Liberty Mines Inc. (LBE - TSX), is pleased to announc...
About this update from Electric Metals Usa Limited
[{"type":"text","content":"\nLiberty Provides Update on the Hart Project\n\n\n Feb. 10, 2011 (Filing Services Canada) -- Liberty Mines Inc. (LBE - TSX), is pleased to announce recent advances on the Hart Project located approximately 27 kilometres southeast of the city of Timmins Ontario and 6 kilometres from Liberty's fully permitted and operating 1500 TPD mill. The company reports that, under approval of the Ministry of Northern Development, Mines and Forestry, the Hart claims have been brought to lease. This is an important advance in the compliance process which satisfies one of the regulatory steps to allow Liberty Mines to commence mining activities on the Hart property. Other required steps include the environmental permitting and consultation with representatives of groups having aboriginal rights, which are under way.\"Bringing the Hart claims to lease represents a significant milestone towards development and mining of the Hart deposit\" commented CEO Jay Richardson. \"With the environmental permitting process well under way as well as ongoing dialogue with First Nations and Metis representatives, the Hart Nickel project is well on schedule to commence mining activities in 2012.\"Liberty Mines Inc. confirms that the company is strongly focussed and committed to further exploration initiatives beyond this as it is an integral part of our overall strategic plan for 2011 and beyond and is pleased to announce that it will be issuing a further press release in the near future detailing its exploration program for 2011.Currently, company engineers and geologists are evaluating the Hart Nickel deposit internally to determine the most cost effective mining methodology suitable for this deposit. A PEA (Preliminary Economic Assessment) by SRK Consulting Inc. completed in February 2010, determined an indicated resource of 1,546,000 tonnes at an average grade of 1.40% Nickel and an inferred resource of 322,000 tonnes at an average grade of 1.40% Nickel.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.About Jilin Jien Nickel Industry Co., Ltd.Jilin Jien is one of the largest holding subsidiaries of Jilin Horoc Nonf...