LAS VEGAS, May 22, 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 that underground work at their Fencemaker Antimony project is commencing during the 1st week of June, 2013.
Small Mine Development Corp (SMD) has been engaged as the contractor for all underground activities, and will supply the manpower and expertise required to safely bring the Fencemaker mine into production. The mobilization of the SMD crew, supported by First Liberty's strategic partner Stockpile Reserves LLC (SRL), will result in the completion of reinforcement work on the existing adit and drift. Following approval of those works by regulatory agencies, the first extraction of Stibnite ore (Antimony) will occur.
Mr. Don Nicholson, CEO of First Liberty, stated, "It is a very significant milestone for our team and partners to be able to announce the commencement of work on the Fencemaker mine for first mining activities. With the engagement of SMD, we have now added to the team a well-respected company known for getting the job done on time and on budget, which clearly demonstrates our commitment to near term production and revenues."
Mr. James Vogan of SRL further commented, "SRL personnel have completed the Fencemaker mine site reclamation work and are now securing the property and equipment in preparation for SMD's arrival. Furthermore, the final approval of the Fencemaker Plan of Operations is being coordinated with the U.S. Bureau of Land management (BLM), with an update expected shortly. We are working systematically and cautiously to ensure that this project proceeds as quickly as possible, but always with safety, regulatory and environmental concerns fully addressed."
First Liberty Power will continue its Pathways of Progress announcements to inform and update on all advances in company mining and financial operations.
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. www.firstlibertypower.com. www.facebook.com/FirstLibertyPower
ABOUT SMALL MINE DEVELOPMENT (SMD): Small Mine Development builds and operates America's underground mines, specializing in underground, hard rock 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.
SOURCE First Liberty Power Corp.