Liberty Mines Inc. (CDNX:LBE.V - News) ("Liberty or the Corporation") is pleased to announce that underground drilling at the Redstone Mine continues to intersect high grade nickel ("Ni") mineralization to the 1506-foot (459m) level. Drilling from within the mine to establish a National Instrument 43-101 reserve to approximately the 1500-foot (457m) level will be completed shortly. The reserve calculation for the deposit will include the ore remaining to be mined in the 600-800-foot (183m-244m) levels down to the 1500-foot level and will be released as soon as it is received. Historical reserves previously reported for the mine included drilling to the 1100-foot (335m) level.
Borehole R06-01 was extended from last years drilling and intercepted 3.45m of 3.9% Ni at 2214 feet (675m) vertically below the surface of the mine.
The core lengths presented in the table are the intersected lengths, and the composite lengths are core weighted.
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