Liberty Mines Inc. (TSX:LBE) announced that a positive preliminary economic assessment has been completed for its Hart nickel project in Canada.
As quoted in the press release:
The study predicted total life of mine production of 38,497,588 payable nickel pounds. Total gross revenue is estimated at $429.3 million using a $10 per pound nickel price. Estimated mining operating costs was pegged at $109.6 million, or an average of $64.43 per tonne. Estimated Internal Rate of Return was set at about 23%.