Liberty Mines (T: LBE) is focused on the exploration, development and production of nickel and related base metals from its assets in Ontario, Canada. The Company trades on the TSX under the symbol LBE.
Liberty owns and operates the only nickel mill and concentrator in the Shaw Dome, a prospective nickel belt region near Timmins, Ontario.
Liberty met its first major milestone under the new management team with the restart of production in Q1 of 2012. With the current state of nickel prices, Liberty made the decision to temporarily suspend production in August 2012. Liberty has moved its operations into a care and maintenance mode, enabling the Company to protect its assets and re-start production once the price of nickel recovers.
Over the longer term, Liberty plans an aggressive exploration program on its current properties in the Timmins area to increase its resource base for the Redstone Mill. The Company is also focused on growth opportunities and is looking to expand its portfolio beyond the Timmins area.