Liberty Mines Inc Technical Report McWatters Nickel Project Ontario, Canada Report Prepared for Liberty Mines Inc 8925 – 51st Avenue Suite 311A Edmonton AB, T6E 5J3 Report Prepared by SRK CONSULTING (CANADA) INC. Suite 2100, 25 Adelaide Street East Toronto, ON M5C 3A1 Tel: (416) 601-1445 Fax: (416) 601-9046 Web Address: www.srk.com E-mail:
[email protected] Project Reference Number: 3CL008.006 December 18, 2009 SRK Consulting Liberty Mines Inc – 3CL008.006 Technical Report, McWatters Ni Project, Ontario Page i Technical Report McWatters Nickel Project, Ontario, Canada Liberty Mines Inc 8925 – 51st Avenue, Suite 311A Edmonton AB, T6E 5J3 Tel: (780) 485-2299 • Fax: (780) 485-2253 E-mail:
[email protected] Web site: www.libertymines.com SRK Project Number 3CL008.006 SRK CONSULTING (CANADA) INC. Suite 2100, 25 Adelaide Street East Toronto, ON M5C 3A1 Tel: (416) 601-1445 • Fax: (416) 601-9046 E-mail:
[email protected] Web Address: www.srk.com December 18, 2009 Compiled by: Glen Cole, P.Geo Andrew MacKenzie, P. Eng. Principal Resource Geologist Principal Engineer With contributions by: Philip Bridson, P.Eng, Sr. Mining Engineer and Will Randall, P.Geo, VP Exploration, Liberty Mines Inc. Reviewed by: Ken Reipas, P. Eng. Principal Engineer AM/PB/kr/ab McWatters_TR_3CL008_006_AM_GC_KR_ab_20091221_Rev_5 December 18, 2009 SRK Consulting Liberty Mines Inc – 3CL008.006 Technical Report, McWatters Ni Project, Ontario Page ii Executive Summary Introduction The assets of Liberty Mines Inc. (“Liberty”) include a 100% interest in the McWatters Nickel Project (“McWatters”), which is located approximately 25km south east of Timmins, Ontario, Canada. All permitting for the project has been completed and the project has advanced to the underground development stage.