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EDMONTON, ALBERTA--(Marketwire - Dec. 1, 2008) - Liberty Mines Inc. ("Liberty or the Corporation") (TSX:LBE) is pleased to announce that it has won the "PROOF NOT PROMISES AWARD" from General Electric Water and Process Technologies. There were only eleven companies worldwide who received this award during the calendar cycle. The award is granted after a three-tier selection process that examines set-goals and the operational and financial benefits.
General Electric Representatives work with customers to design and meet strategic business goals that result in proof, not promises. Liberty Mines and General Electric worked together for a number of months to develop the most efficient way to treat mine effluent water from their two operating mine sites (Redstone and McWatters). The subsequent results achieved a seventy-five percent reduction in operating costs and a significant improvement in the water quality discharging into the environment.
Liberty Mines Environmental Manager (Gerry Stinson) commented: "Our partnership with the local and technical branches of General Electric Water and Process Technologies has allowed us to explore new and innovative ways to treat mine effluent water. We are very pleased with the announcement of this award and openly share it with General Electric, including their local team of experts."
About Liberty Mines Inc.
Liberty Mines Inc. is a producer of nickel and is focused on the exploration, development and production of nickel, copper, cobalt and platinum group metals from its properties in Ontario, Canada.
CAUTIONARY STATEMENT
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward looking statements". All statements other than statements of historical fact included in this release, without limitation, statements regarding future plans and objectives of Liberty, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Liberty's expectations are exploration risks, commodity prices, receipt of mining permits and leases and assumed startup and operating costs detailed herein and from time to time in the filings made by Liberty with securities regulators.
FOR FURTHER INFORMATION PLEASE CONTACT:
Liberty Mines Inc.
Dr. Gary Nash, PhD (Physics)
President & CEO
(416) 238-9736
(780) 437-7898 (FAX)
Email: gnash@libertymines.com
Source: CCN Matthews (December 1, 2008 - 9:56 AM EST)
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