Energy & Mining International - Spring 2012 - (Page 136)

E M I LIBERTY MINES INC. CAN ADA SPRING 2012 • Timmons, Ontario “We think nickel is a good place to be right now.” // CHRIS STEWART, president and CEO Liberty Mines has a 100 percent interest in 12,000 hectares within the Shaw Dome nickel belt in Ontario.. Mining its Business Having the only nickel mill and concentrator in Ontario’s Shaw Dome nickel belt gives Liberty Mines a distinct advantage. [ B Y K AT H R Y N J O N E S ] Specializing in the exploration, development and production of nickel and related base metals, Toronto-based Liberty Mines Inc. has a distinct advantage over other junior companies positioned in the Shaw Dome nickel belt, located approximately 25 kilometers southeast of Timmins, Ontario. The company owns and operates the only nickel mill and concentrator in the area, PROFILE according to President and CEO Chris Stewart. Additionally, Liberty Mines has 100 percent interest in 12,000 hectares of land within the Shaw Dome, which is “substantial” compared to other junior miners, he says. “There are a number of junior companies in the Shaw Dome that have found nickel resources, but they have no way of taking advantage of that because they don’t have a mill and their deposits aren’t large enough to put the capital in to build a mill,” Stewart says. “Basically, if they want to do something with it, they have to come to us, which puts us in a very good position strategically.” In 2006, Liberty completed construction on the Redstone Mill & Nickel Concentrator, which has a capacity of 2,000 tonnes per day but currently is permitted to produce up to 1,500 tonnes per day. In 2007, Liberty moved into commercial production on nickel sourced from its Redstone Mine. Liberty produced out of Redstone Mine until late 2009 and then placed it on a “care and maintenance” period. “We do have 750,000 tonnes graded at about 1.6 percent nickel sitting at the Redstone in our resources in the inferred category,” Stewart says. “The big focus of our exploration program for 2012 is to drill the lower part of the Redstone Mine and come up with a plan to move it from the inferred category to the indicated category, which will then give us the confidence to go in and develop and mine the other source of high-grade nickel ore we have there.” A TEMPORARY GLITCH Liberty’s McWatters Mine is located about 14 kilometers away from the Redstone Mill. Although it has a lower grade than the Redstone Mine, its prime ad- Liberty Mines Inc.. | Headquarters: Toronto | Employees: 100 Specialty: Nickel 136

Table of Contents for the Digital Edition of Energy & Mining International - Spring 2012

Energy & Mining International - Spring 2012
Back to Reality
Back to Reality
Spreading Accountability
Water to Energy
Ad Index
The Marcellus Shale
Ariel Corp.
Dominion Energy
Mistras Group Inc.
Northeast Natural Energy
Appellation Pre Fab Llc
Falcon Drilling
Keane Group
LMC Industrial Contractors Inc.
Orion Drilling Company
Somerset Regional Water Resources
Trican Well Service Trican Well
Trumbull Corp.
Asap Industries
Bouille Electric
Nuweld Inc.
Latin America Focus
Canacol Energy Ltd.
Americas Petrogas Inc.
Orosur Mining Inc.
Cabo Drilling (Panama) Corp.
Canada Focus
Snamprogetti Canada Inc.
Canada Lithium Corp.
Anaconda Mining Inc.
DRA Americas Inc.
Quest Rare Minerals Ltd.
Associated Mining Construction Inc.
Northern Foodservices
Nyrstar Langlois
Q’Max Solutions Inc.
Glendyne Inc.
Grizzly Discoveries Inc.
Liberty Mines Inc.
NGC Compression Solutions Ltd.
Pacific Booker Minerals Inc.
Petaquilla Minerals Ltd.
Sumitomo Pogo Mine LLC – Pogo Mine
FourQuest Energy
Southern Coal Corp.
Ucore Rare Metals Inc.
Alaskan Energy Resources Inc.
CTL Engineering Inc.
Lennox Petroleum Services Limited
MAX Environmental Technologies Inc.
Sadhna Petroleum Services
Vita International Inc.
GPM Inc.
Klein Tools
Snap-On Tools
Apex Directional Drilling
Aquila Resources Inc.
Chief Petroleum
Kline Oilfield Equipment Inc.
National Response Corporation
Engineered Software Products Inc.
Offshore Inland
The Final Shot

Energy & Mining International - Spring 2012