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Liberty CommissionsThird Ball Mill at the RedstoneConcentrator
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FSC / PressRelease
Liberty Commissions Third Ball Mill at the RedstoneConcentrator
Edmonton, Alberta CANADA, May 20, 2010 /FSC/ - LibertyMines Inc. (LBE - TSX), ("Liberty or the Company") is pleased to announce thecommissioning of the third ball mill at the Redstone nickel concentrator("Mill") located 25km S.E. of Timmins, Ontario. The Mill easily processed 80tonnes per hour or 1,920 tonnes per day and had additional capacity which wasnot tested.
The additional capacity of the Mill was completed onschedule to enable ore from the McWatters open pit to be concentrated startingthe first week of June 2010. The drilling and blasting contractor has agreed tomobilize to the McWatters site on June 2, and mining is expected to beginshortly thereafter.
Gary Nash, Liberty's President & CEO,commented: "Re-commissioning our Mill to design capacity and bringing on theMcWatters open pit are important steps in our 2010 mining plan to exploit andprocess 1,800 tonnes of ore per day. When the core of the pit is exploited,sublevel caving of the underground orebody can provide the tonnage necessary tocontinue to operate the Mill at the desired rate."
About LibertyMines Inc.
Liberty Mines Inc. is a producer of nickel and is focusedon the exploration, development and production of nickel, copper, cobalt andplatinum group metals from its properties in Ontario, Canada. It owns andoperates the Redstone nickel concentrator near TimminsOntario.
CAUTIONARY STATEMENT
No stock exchange, securitiescommission or other regulatory authority has approved or disapproved theinformation contained herein. This News Release includes certain "forwardlooking statements". All statements other than statements of historical factincluded in this release, without limitation, statements regarding future plansand objectives of Liberty, are forward looking statements that involve variousrisks and uncertainties. There can be no assurance that such statements willprove to be accurate and actual results and future events could differmaterially from those anticipated in such statements. Important factors thatcould cause actual results to differ materially from Liberty's expectations are:exploration risks; commodity prices; regulatory approvals; receipt of miningpermits and leases; equipment failures and shortage of supplies; and assumedstartup and operating costs detailed herein and from time to time in the filingsmade by Liberty with securities regulators. Forward-looking statements speakonly as of the date on which they are made. The Company undertakes no obligationto publicly update any such statement or reflect new information or theoccurrence of future events or circumstances, except where required bysecurities regulations. Accordingly, readers should not place undue reliance onforward-looking statements.
For further information please contact:
Dr. Gary Nash, PhD (Physics), President & CEO
Phone (416)238-9736 Fax 780-437-7898
e-mail:
gnash@libertymines.com
Press Release 9-10