Jul. 21, 2009 (Filing Services Canada) -- Liberty Mines Inc. (LBE - TSX), ("Liberty or the Company") is pleased to announce that it will re-commence development of the McWatters nickel mine 31km S.E. of Timmins Ontario as of August 4, 2009. A notice of Project Status to commence development and production was recently filed with the Ministry of Northern Development Mines and Forestry as the mine has been on care and maintenance since October 31, 2008.

Site preparation and mobilization of equipment for the mine is well underway. Liberty has assembled its own mining crews and owns the mining equipment necessary for ramp development and subsequent mining.

Development of the ramp from approximately 100m to 140m below surface, the ventilation raise to the 140m level and access to the ventilation raise remain to be completed. Mining is scheduled to commence in November 2009 from the 140m level which will access the high grade zone at the 150m level. Financing for the mine development is currently in progress and will be announced shortly.

SRK Consulting is scheduled to release a feasibility study for the McWatters mine in September; a pre-feasibility study for the Redstone mine in October; and a preliminary assessment for the Hart mine in November.

Exploration programs for the Groves nickel-copper-platinum-group metal project and the investigation of 6 untested geophysical targets close to the Redstone, Hart and McWatters mines are in the planning stage.

Mr. William (Bill) Rogers P.Eng joined the Company June 11, 2009 as Project Manager. Bill has over 35 years of mining experience as a mine engineer and manager. His previous positions include Manager of Mines for Falconbridge/Noranda (now Xstrata) in Sudbury; Manager of Mine Operations for Noranda at the Brunswick mine; Chief Mine Engineer to Manager of Small Mines/Capital Projects while at Hudson Bay Mining and Smelting in Manitoba. Bill will oversee the operations at the McWatters, Redstone and Hart projects. He will emphasize building and maintaining a high-performance-safety-conscious team dedicated to meeting production targets while minimizing costs.

Liberty is also pleased to announce Mr. William (Bill) Woods CMA, as Chief Financial Officer of the Company effective July 20, 2009. Bill has over twenty five years of experience in corporate finance and accounting in the mining and transportation industries. After performing various accounting duties for INCO Limited, Sherritt International, Black Hawk Mining and other mining companies, he was controller for Fairbanks Gold Mining Inc. and Homestake Mining. He was recently Chief Financial Officer for Valens Pharma Ltd. after acting as interim Vice-President Finance for Northern Transportation Company Limited.

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. It owns and operates the Redstone nickel concentrator near Timmins Ontario.

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; regulatory approvals; 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:
Dr. Gary Nash, PhD (Physics), President & CEO
Phone (416) 238-9736 Fax 780-437-7898
e-mail: gnash@libertymines.com


Press Release 9-09