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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters5/21/2007 10:59:59 PM
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From the MNDM files. The nickel intersections herein, while much narrower, contain an equivalent amount of nickel. 9.3 metres of 10.2% nickel is actually richer in contained nickel for the total tons than 72.5 metres of 1.14% nickel by 15%. 5.8 metres of 3.36% Ni contains 25% as much nickel for the tons... 6.37% Ni over 4.6 metres contains 35% of the nickel of the 72.5 metre intersection ...

We see that these Langmuirian deposits run deep.. and are variable in width as well.. but may go high in nicke here and there....

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"Liberty Mineral Exploration Inc. announced the results from a deep drilling and ground geophysical program completed in 2003 by Inco on the Redstone property in Eldorado Township. Two diamond drill holes tested the down plunge extension below the R-Zone nickel deposit and three additional holes tested surface UTM geophysical anomalies.

Three mineralized zones lie between 1472 and 1513 feet. Drilling indicated that the weighted average for 9.3 m of core in the third zone is: 10.2% Ni, 0.3% Cu, 0.07% Co, 0.44 g/t Au, 1.33 g/t Pt and 1.14 g/t Pd.

Drill hole BH87617 tested the komatiite-dacite contact and although no nickel mineralization was encountered at the contact, three previously undiscovered mineralized zones were intersected in another komatiitic section.

The best interval from the drill hole returned 5.86% Ni, 1.00% Cu, 0.23% Co, 0.46 ppm Pt, and 0.59 ppm Pd over a 1.2 ft section between 2484.7 and 2.485.9 feet (Liberty Mineral Exploration Inc., press release, March 2, 2004).

Liberty also announced that drilling on the McWatters nickel property in Langmuir Township extended mineralization on the Main zone by 50m to the northeast. Drill holes 28 and 29 were collared in a previously untested area and intersected both the lower-grade disseminated nickel zone and the deeper massive sulphide zone.

Significant assays include 3.36% Ni over 5.8m including 5.02% Ni over 2.7m from the lower zone in drill hole L-04-28. An intersection of 6.37% Ni over 4.6m including 8.74% Ni over 2.0m from the lower zone was returned from drill hole L-04-29.

Liberty has added an additional 1000m to the current drilling program to evaluate additional geophysical targets lying to the northeast of the Main Zone (Liberty Mineral Exploration Inc., press release, March 24, 2004)."
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