TIMMINS, ONTARIO, Jan 28, 2004 (CCNMatthews via COMTEX)

Evaluating potential sale of high-grade smelter feed to meet rising world cobalt demand

Liberty Mineral Exploration Inc. (TSX-V: LBE) today announced that a 1,200 metre Phase One drill program to further delineate cobalt mineralization on its McAra Lake property south of Timmins, Ont. has begun. This phase of drilling is designed to test the strike and down dip extension of previously discovered high-grade cobalt-bearing veins in order to estimate a near-surface resource.

"With cobalt prices approaching US$30 per ...