LAS VEGAS, April 8, 2013 /PRNewswire/ -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals, is pleased to announce the initiation of mine site preparation works for the Fencemaker mine.
As a result of last month's management meetings at the Fencemaker mine, the determined action plan was to schedule a site visit to the mine by State of Nevada officials in order to agree upon a water removal and disposal plan from the mine. James Vogan, Director of Stockpile Reserves LLC, First Liberty Power's partner at Fencemaker, will undertake this meeting on Tuesday. Once the water removal proposal is given approval by the State, the team will begin the operation immediately.
Bob Reynolds, FLPC Vice President Operations, confirmed that this is a launching point for the mine development. Mr. Reynolds stated, "This critical water removal procedure must be completed in order to progress down the path to initial production. Furthermore, with the anticipation of additional near term funding, First Liberty Power will undertake this step utilizing existing funds, in order to initiate the process for opening Fencemaker."
In addition, Mr. Vogan was designated to interview and prepare contracts with qualified companies to reinforce the existing adit, as well as to provide contracted underground mining services. Mr. Vogan expects to complete that portion of the process later this week. First Liberty Power will continue to use its Pathways of Progress program to inform and update on all operational advances on the mining operation.
ABOUT FIRST LIBERTY POWER CORPORATION: First Liberty Power Corporation (OTCQB: FLPC) is an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals. Our corporate philosophy is driven by a dedication to Pathways of Progress, our program of best corporate practices designed to drive us rapidly towards mine production & milling, to the greatest benefit of FLPC shareholders, investors and mining partners, while ensuring safety, environmental integrity, and good governance. Presently, FLPC has interests in four properties: the Fencemaker Antimony project in Nevada, the Lida Valley and Smoky Valley Lithium Brine projects in Nevada, and the San Juan Vanadium / Uranium project in Utah. www.firstlibertypower.com
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future plans of the company, the prospects for our mineral properties, and our ability to raise necessary working capital.
Actual results could differ from those projected in any forward-looking statements due to numerous factors, including the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the SEC.
Contact: Robert Reynolds (800) 709-1196
ir@firstlibertypower.com
SOURCE First Liberty Power Corp.