Liberty Mines Inc. announced financial results for the third quarter ended September 30, 2010. Highlights include; The Redstone nickel concentrator processed 95,587 tonnes during Q3; an increase of 69% over the 56,520 tonnes processed during the second quarter of 2010. Milling cost per tonne in Q3 was Can$17.57 and average metallurgical recovery was 82.1% (from an average head grade of 0.63%) with 49.5% of the ore processed from the McWatters open pit.
Liberty Mines reported the third quarter of 2010 (Q3) production results from its mining operations at the Redstone and McWatters nickel mines near Timmins Ontario. The Redstone nickel concentrator processed 95,587 tonnes during the third quarter of 2010 (Q3); an increase of 69% over the 56,520 tonnes processed during the second quarter of 2010. As the McWatters open pit provided 49.5% of the ore milled during Q3, the average processed grade was 0.63% nickel, down 20% from the average grade of 0.79% nickel processed during Q2.
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