Liberty Resources increases inferred coal resource to 3,166 million tonnes September 21, 2009

Liberty Resources (ASX:LBY) has announced its Inferred Coal Resource has increased from 338 to 3,166 million tonnes (mt) of thermal coal. The inferred resources are part of the broader exploration potential target tonnage of 280 – 350 billion tones (Bt) (refer announcement dated 29 July 2009). This development gives rise to the potential for four new Projects in Queensland.

“This significant inferred resource increase still only represents a small area of Liberty’s total project potential,” Managing Director, Andrew Haythorpe commented.

Click here to view the full announcement.

For further comment please contact Bec Jarvis on +61 89388 8869 or bjarvis@libertyresources.com.au