Liberty Mines Inc has announced eight additional drill hole results totaling 4,128 meters from the newly identified Hart East Nickel Project. Drilling has focused on expanding upon an earlier drill hole H-11-11 which intersected 0.82% Ni over a drilled width of 36 meters from 335.0 to 371.0 meters including 2.05% Ni over a drilled width of 9.5 meters. The drill hole intercept occurred approximately 300 meters east of the Hart Deposit at a vertical depth of approximately 350 meters below surface.
Subsequent drilling has focused on up dip, down dip and on strike potential with 25 meter step outs to expand upon the discovery hole intercept. The satellite pod of nickel mineralization, referred to as the Hart East is typical of Kambalda styles of nickel mineralization wherein these deposits typically occur in clusters in relatively close proximity to one another. Drill hole H-11-11 intersected mineralization described as disseminated, blebby, fracture filled and settling into net textured to semi massive sulphides.
Drilling has thus far expanded mineralization for a strike length of 75 meters with up dip and down dip continuity of approximately 150 meters. Some of the more significant drill hole intercepts include drill hole H-11-13, drilled approximately 75 meters up dip of drill hole H-11-11 which intersected 0.83% Ni over a drilled width of 6.5 meters from 279.2 to 285.7 meters. Drill hole H-11-17, collared 25 meters west of drill hole H-11-11 intersected 0.58% Ni over a drilled width of 7.0 meters from 392.0 to 399.0 meters including 1.0% Ni over a drilled width of 2.5 meters from 395.0 to 397.5 meters.
Drill hole H-11-15, collared 25 meters east of H-11-11, intersected 1.49% Ni over a drilled width of 1.50 meters from 353.7 to 355.2 meters. A further step out drill hole, H-11-16, collared 50 meters east of the discovery drill hole intersected 0.33% Ni over a drilled width of 5.0 meters from 287.0 to 292.0 meters.
Mr Chris Stewart president & CEO of Liberty Mines said that "The results to date on the Hart East are most encouraging and indicate that a substantial pod of nickel mineralization occurs within a relatively short distance from the main Hart Deposit. This nickel mineralization would be easily accessible from the underground workings of the main Hart Deposit where we currently have an indicated resource of 1.55 million tonnes grading 1.40% Nickel. As little drilling has ever been done east of the main Hart Deposit, the potential for additional pods or deposits of nickel mineralization inhabiting the characteristic komatiitic flow channel associated with these iron formations is exceedingly good."
Liberty owns and operates the Redstone Mill which currently has a permitted capacity of 1,500 tonnes per day. This is the only operating mill located within the Shaw Dome region and the Hart East discovery is approximately 6.0 kilometers away.
Drilling has also commenced on the Groves nickel copper project located approximately 11 kilometers southeast of the town of Gogama. Liberty is following up on earlier drilling which occurred on a near surface magmatic nickel copper inferred resource of approximately 500,000 tonnes grading 1.50% combined copper nickel (non 43-101 compliant, Canadian Mines Handbook, 1957). A 10.5 kilometers all weather access road has been built to the drill site and a recent ground geophysics program consisting of IP and mag has been completed. Company geologists have planned a series of drill holes designed to follow up on historical drilling and to target IP and mag responses as well. Drilling has been contracted out to Mallette Drilling Inc.
In addition, Liberty will be focusing on drilling the Redstone deposit at depth targeting 340 meters below the 1600 meter level where the drilling will take place. The drill program will largely focus on historic drill holes targeting the down plunge of the nickel mineralization. There is a strong potential to increase the Inferred Resources to an Indicated category in the lower zone. The most recent SRK resource estimate indicates an Inferred Resource of 737,000 tonnes of 1.57% Ni (Reported at 0.51% nickel cut off. Cut-off grades are based on a nickel price of USD 7.00 per pound and on a mill recovery of 87%). Fourteen holes totaling 4,350 meters have been planned and will be initiated in the next month. This drilling will also help identify potential targets that may be drilled from surface.
