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LevelStock.com: First Liberty Power Corp. Releases Results From Uravan Mineral Claims Radon Survey



Apr 21st 2010, (CRWE NEWS WIRE) Braintree,Ma. LevelStock.com is pleased to announce to all of its members and investors information on First Liberty Power Corp. (“the Company”) (OTCBB: FLPC).  The Company recently released news as follows:

First Liberty Power Corp. (“the Company”) (OTCBB: FLPC) is pleased to release the results from a radon survey conducted on the Company’s 66 mineral lode claims, located in San Juan County, Utah (the “Uravan mineral claims”).

Glyn R. Garner, President and CEO of First Liberty Power Corp., commented, “We are very encouraged by the results of this initial radon survey. Historical data shows ore produced at the nearby Firefly mine through 1956 contained over 2% Vanadium. The data from this survey indicates an anomalous east-west radiometric trend and the size of the anomalies appears to be similar to the size of the high grade vanadium-uranium beds mined from the Firefly, Gray Daun and Vanadium Queen Mine.”

Garner added, “The Subaru G4e concept car that utilizes a high-density vanadium-assisted lithium battery technology and the vanadium redox flow battery being developed by companies like Cellstrom, show that a mixed approach is the best exploration and acquisition strategy for a company like First Liberty, unlike so many companies in the sector that are focusing just on lithium, we are building a diversified portfolio of projects. I believe the clean energy revolution is underway and it will be powered by vanadium and lithium.”

The Uravan mineral claims radon survey consisted of 101 readings with a minimum reading of 0.35 and a maximum reading of 27.75. The median reading was 6.75 with a midrange of 14.05. The preliminary radon survey data indicates an anomalous east-west radiometric trend. A detailed radon survey would further define drill targets and thereby delineate tonnage and grade within the Uravan Claim Block.

The radon survey uses a system that measures the radon by utilizing an ion chamber with an electrically charged Teflon, called an electret, located inside an electrically conducting plastic chamber of known air volume. The electrets serve as a source of high voltage needed for the chamber to operate as an ion chamber. It also serves as a sensor for the measurement of ionization in air. The ions produced inside the sensitive volume of the chamber are collected by the electrets causing a depletion of charge. The measurement of the depleted charge during the exposure period is a measure of integrated ionization during the measurement period. The electrets charge is read before and after the exposure using a specially built non-contact electret voltage reader.

The complete Uravan radon survey may be viewed on the Company’s website.

www.firstlibertypower.com

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.

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, including but not limited to, the scope of the anomalies identified by the initial radon surveys, that the size of the anomalies appear to be similar to the size of the high grade vanadium-uranium beds mined from the Firefly, Gray Daun and Vanadium Queen Mine, the exploration/work program for the Uravan claims, the completion of, or any results of any further radon surveys undertaken, and any mineralization, exploration and development of our mineral properties, specifically in regards to Lithium and Vanadium.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, 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 such beliefs, plans, expectations or intentions 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 Securities and Exchange Commission.

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