TORONTO -- Northern Sun Mining Corp. (formerly Liberty Mines Inc.) has entered into a definitive custom agreement with Wallbridge Mining Company Limited to provide for the custom milling of ore from Wallbridge's Broken Hammer project. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of such ore. The agreement is for approximately a one year term based on a minimum of 800 tonnes per day and milling is expected to begin on or about June 30, 2014. The Company will generate both a gravity concentrate and a floatation concentrate which will then be conveyed to other smelters or refineries for further treatment. Waste from the ore after processing will be disposed of in the current tailings compound.
David Rigg, President and CEO of Northern Sun, commented: "We are excited to have finalized the custom milling agreement with Wallbridge which will provide the Company with the means to generate positive cash flow to support our regional activities. Our toll milling arrangement represents a new start for the Redstone mill and a new employment opportunity in the Timmins area. Now that we have finalized this agreement, the Company remains committed to actively pursuing the acquisition of other assets to complement its milling activities in Timmins."
