Las Vegas, NV, June 17, 2013 (GLOBE NEWSWIRE) -- 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, announced today that the Small Mine Development (SMD) mining personnel are scheduled to be on location at the Fencemaker antimony mining project starting Monday.
VP Operations Robert Reynolds, together with Director James Vogan of First Liberty's strategic partner Stockpile Reserves, LLC, elaborated "The first operational items will be to complete the water removal and water storage plan, followed immediately by the full reinforcement of the existing adit. Subsequent to the completion of these operational safety matters, the start of stibnite ore removal from Fencemaker is forecast to commence in the latter portion of July. SRL, in addition to collaborating with SMD, will oversee the Fencemaker work site."
Mr. Nicholson further stated, "We are pleased that we remain on target to transform First Liberty Power from an exploration and development venture to a revenue-generating production operation. Our strategic planning has helped us achieve these initial goals and we will continue to inform our shareholders and investors of our continued progress through our Pathways of Progress updates."
ABOUT FIRST LIBERTY POWER CORPORATION (OTCQB: FLPC): First Liberty Power Corporation is an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals. The FLPC corporate philosophy is driven by a dedication to Pathways of Progress, a program of best corporate practices designed to rapidly drive the company towards mine production/milling and to serve 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.
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ABOUT STOCKPILE RESERVES, LLC (SRL): SRL is a Nevada-based company dedicated to the safe, environmentally sound and efficient extraction of strategic industrial minerals.
ABOUT SMALL MINE DEVELOPMENT (SMD): SMD builds and operates America's underground mines, specializing in underground, hardrock mining from exploration, through engineering, development, production mining, and, ultimately, closure. The SMD mission is to be the leader in safe, productive and innovative mining solutions. http://www.undergroundmining.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: For more information contact: Robert Reynolds; VP Operations (800)709-1196 IR@firstlibertypower.com
