Lovelock, NV, Sept. 25, 2013 (GLOBE NEWSWIRE) -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on "Mined in America" strategic industrial minerals, recently brought their management team together in Lovelock, Nevada to review final Fencemaker mining preparations. According to FLPC CEO, Don Nicholson, the meeting included board members as well as strategic partners.
"For the last two years First Liberty Power has developed and advanced though the efforts of a management team and strategic partners located around the world," Nicholson said. "With Fencemaker close to production, it was important that we all came together in Lovelock and at the mine location, for the purpose of an on-site, step by step review of Fencemaker progress to date as well as the timeline to mining, milling and sales."
James Vogan, of Stockpile Reserves, LLC is the operational director of the Fencemaker project. From his perspective, bringing a small mine all the way through from exploration to production is a challenge not met by many companies. "There are few small mining ventures still operating in the United States, and none of those are producing antimony," Vogan said. "The work we have done to bring Fencemaker into a mine that will soon be producing and selling a strategic industrial metal is a testament to the foresight, integrity and strategic planning of SRL, First Liberty Power and Small Mine Development, LLC."
The timetable for Fencemaker mining is contingent upon the installation of culvert drainage pipes and water management tanks, already underway, and a final operational site inspection. In addition, First Liberty CFO Mario Beckles addressed revenue and inventory cycles. "As First Liberty Power moves toward mining we are developing and implementing financial controls around revenue and inventory," Beckles said. That way, from day one of actual mining, we are fully prepared to monitor all production, costs and sales."
FLPC will continue to use Pathways of Progress announcements to inform and update all interested parties of advancements in our 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 (POP). It is a program of best corporate practices designed to rapidly drive the company towards mine production/milling, benefitting FLPC shareholders, investors and mining partners and 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.
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 (800) 709-1196 email@example.com
Source:First Liberty Power Corporation