LAS VEGAS, Feb. 19, 2013 /PRNewswire/ -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified company focused on supplying "Mined in America" strategic industrial metals for current and emerging technologies, continues to execute their strategy for rapidly expanding mine exploration and operational activities with the launch of Pathways of Production (POP). According to First Liberty CEO, Don Nicholson, the POP program evolved from the company's commitment to directly update company shareholders and investors.
"Our First Liberty management team established Pathways of Production to ensure effective and timely public awareness of our continued progress towards mining operations, as well as progress on our exploration-to-development plans," Nicholson said. "POP is basically an investor communications program that will be executed through scheduled, direct-online newsletters, as well as through traditional news release and social media strategies. As an expanding company, all aspects of our operations must be defined, measured, improved and effectively communicated. POP provides us with that ability to directly achieve such levels of communication."
First Liberty's initial POP outreach will be focused on the company's Fencemaker operation. The Fencemaker mine, located in Pershing County, Nevada, is scheduled to begin operations this spring with the mining of stibnite (antimony) ore. The ore will be processed at a nearby company milling site for initial sale as an antimony concentrate. FLPC is finalizing engineering documents for the mining & milling operations and the Fencemaker team is also preparing to complete certain reclamation operations on the property.
In announcing the launch of the POP outreach program, First Liberty Vice President of Operations, Robert Reynolds, noted the company's core objective. "First Liberty's focus is to serve as a leader in the exploration and mining sector by supplying 'Mined in America' strategic industrial metals to power the future. Therefore, we believe it is of critical importance to demonstrate First Liberty's plans, timelines, opportunities, challenges and successes along the path of becoming a near-term producer to all shareholders and investors. Pathways to Production will allow us that direct line of investor communications while keeping us accountable to our stated objectives."
ABOUT FIRST LIBERTY POWER CORPORATION: First Liberty Power Corporation (FLPC: OTCQB) is an innovative and diversified company focused on supplying "Mined in America" strategic industrial metals for current and emerging technologies in order to power the future. FLPC operates within a focused strategy of bringing mining properties into active operation and revenue generation, while ensuring that surrounding communities and the environment are protected and well-served. Within that focus is a dedication to First Liberty's Pathways of Production (POP). POP is a program of best corporate practices and proactive decision-making designed to ensure the interests of FLPC shareholders, investors and mining partners. (www.firstlibertypower.com)
ABOUT THE FENCEMAKER MINE: Fencemaker is an antimony mine located in Pershing County, Nevada. FLPC holds a 40.5% effective interest in the Fencemaker Project, which includes a milling site property. The mine was worked in the 1940's and again in the 1980's with consistently high grades of antimony (10 to 25%) along the exposed vein. A property review, RC drilling and interval sampling was completed in June and August of 2012. An initial ore extraction is planned for the spring of 2013. A permit has been issued for 36,500 t/y of underground mining of antinomy, a metal which is used in semiconductor technology, as a fire retardant and as a metal hardener in many applications, including auto batteries.
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.
SOURCE First Liberty Power Corp.