Ni, Co, Cu, PGM, Au Properties in Ontario Canada

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Message: Just a Little McWatters History

Just a Little McWatters History

posted on Mar 25, 2009 07:02AM

History McWatters

Year

Company

Type of Work

1947

Dominio Gulf Company

Airborne Magnetics

1961-67

McWatters Gold Mine Ltd

Mag. EM. & geological surveys

Drilling 25,735 ft

1965

Urban PQ Mines Ltd

Diamond drilling 2,476 ft

1965

National Explorations Ltd

Ground geophysics, drilling 3,786 ft

1966

Silverplace Mines Ltd

Drilling 1,004 ft

1967

ON Dept of Mines

Mapping Langmuir and Blackstock Townships (Geological Report 86)

1967

E. Galata

Drilling 2000 ft

1969-70

Falconbridge Nickel Mines

Drilling 3,031.5 ft

1970

Tontine Mines

Acquires Assets of McWatters

1970

Canadian Jamieson Mines

Geophysics, drilling, metallurgical testing

1971

Cantri Mines Ltd

Drilling 1,769 ft

1971

Seaway Copper Mines Ltd

Prospectus

1971

International Nickel Co

Ground Magnetics

1975

Pamour Porcupine Mines

Drilling 404 ft

1977

Noranda Exploration Co

Ground Geophysics

1987

Canadian Nickel Co

Airborne Geophysics, RC drilling

1988

ON Geological Survey

Airborne Surveys

1991

Timmins Nickel

Ground Magnetometer, HLEM

1994-95

Outokumpu Mines Ltd

Ground geophysics, trenching drilling 7,011 ft

2001-04

Liberty Mineral Exploration Inc

Diamond Drilling 7,965 m

2005 –

Present

Liberty Mines Inc

Ni 43-101 published 2005

Indicated Resource 540,000 tonnes – avg grade 1.06% Ni reported at 0.5% Ni cut off

During 2006-07 drilling 12,676 metres

On September 15, 2008 the Company commenced pre-production at the McWatters mine and 5,284 tonnes of ore were broken and 3,894 of the broken tones were shipped to the Redstone mill for metallurgical testing and processing. The metallurgical recovery of ore grading 0.59%-0.61% nickel from the disseminated upper zone of the 65m level of the mine varied from 87.1% to 88%, which was 3%-4% higher than predicted.

31 Oct 2008 McWatters placed in Care and Maintenance

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