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First Liberty Power Is Pleased to Announce Successful Completion of Gravity Survey Field Work on Lida Valley Nevada Prospect

^{Published on 2010-05-28 06:10:57 - Market Wire}
 

LAS VEGAS, NV--(Marketwire - May 28, 2010) - First Liberty Power Corp. (OTCBB: [ FLPC ]) is pleased to announce that the field work stages of the gravity survey being conducted by GeoXplor Corp of the Company's Lida Valley Prospect (the LVW claims) is now complete. The survey team, led by Clive Ashworth and John Rudd of GeoXplor, and geophysicist Jim Hasbrouck completed 115 line kilometres consisting of 125 gravity stations readings on May 5, 2010. The data collected from the field work will be transferred to laboratories in Prescott, Arizona for analysis by Hasbrouck Consulting.

Glyn Garner, First Liberty Power CEO, commented, "I am happy to report that the field work finished on schedule and we anticipate being able to report initial results within the next two weeks to a month. The information will help determine the depth of the basin and locate potential targets for the next step in our exploration program for the area."

The LVW claims share a similar geology and weathering history to nearby Clayton Valley, the LVW Claims are located within 15 miles of the Montezuma Peak, which is believed to be the source of the regions lithium. The north end of Clayton Valley hosts Chemetall Foote Corporation's Silver Peak Mine, the only lithium brine producer in the United States. Mine production comes from a lithium enriched brine located below the surface. This plant has been in production since 1967 and is designed to produce up to 1.2 million kilograms of lithium hydroxide per annum.

First Liberty Power Corp. is a Nevada based mineral exploration company with a primary focus on lithium and vanadium exploration and development in the United States. The Company is positioned to capitalize on the anticipated increase in demand for both lithium carbonate and vanadium that is projected to result from the adoption and use of clean renewable energy that will fuel demand for products that utilize lithium-ion batteries and vanadium redox batteries.

[ www.firstlibertypower.com ]

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Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to First Liberty Power or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the competitive environment within the industry, the ability of First Liberty Power to continue to expand its operations, the level of costs incurred in connection with First Liberty Power's expansion efforts, economic conditions in the industry and First Liberty Power's financial strength. First Liberty Power does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.