LAS VEGAS, April 30, 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 additional progress towards achieving the goal of near term mining on the Fencemaker property.
This week's Pathways of Progress update has First Liberty Power's partner at Fencemaker, James Vogan, Director of Stockpile Reserves LLC (SRL), initiating the transition of the Fencemaker property's Notice of Intent to a Plan of Operations as required by the federal U.S. Bureau of Land Management (BLM). This is a crucial step towards launching the mining operation early this summer.
Mr. Vogan explained, "Reclamation work at the site from the drilling program last summer is nearly completed, pending final inspection. Together with the recent completion of our next stage funding, and upon approval of the Plan of Operations, we will then be in a position to bring in Small Mine Development (SMD - www.undergroundmining.com) as early as the 2nd week of May to begin the process of securing the existing mine adit and drift – the precursor step for undertaking underground mining activities. Starting today, our emphasis will be on implementing the Plan of Operations with the BLM to ensure all safety as well as other requirements are in full compliance."
Bob Reynolds, FLPC VP Operation concluded, "First Liberty and SRL continue to work closely to identify the necessary work requirements as well as finalize the timetables and costs, with all energies are directed this week towards initiating mining activities at Fencemaker. With the closing today of our one half million financing, the Company and its shareholders are one step closer to that first blast of stibnite (Antimony) ore."
First Liberty Power will continue to use its Pathways of Progress program to inform and update on all operational advances on our mining and financial progress.
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
SOURCE First Liberty Power Corp.