First Liberty Power Announces Positive Exploration Results And Plans For Next Stage Drilling Program
LAS VEGAS, April 7, 2011 /PRNewswire/ -- First Liberty Power Corp. (OTCBB: FLPC) (the "Company") www.firstlibertypower.com is pleased to announce the latest reports from its controlled source audio magnetotellurics / magnetotellurics ("CSAMT/MT") geophysical survey of the Company's Lida Valley Lithium brine project (the "Property") in Nevada, USA. As with the previous two geophysical surveys conducted over the past year, the results from this latest report are very positive, and include having identified areas of potential lithium brine deposits.
The CSAMT/MT survey was carried out by Hasbrouck Geophysics with the purpose of mapping geologic stratigraphy and structure relative to the occurrence of lithium brine, to identify conductors that are thought to be representative of lithium-bearing brine, and to provide information for the selection and design of additional geophysical surveys or the identification of drilling locations.
Collectively, the three reports show several clear targets for further exploratory investigations. Drilling targets in both the southern end of the Property and in the northern area of the playa have been located. The complete reports from Hasbrouck Geophysics from all exploration stages on the Property are currently available at http://www.firstlibertypower.com/properties/nevada.
Don Nicholson, CEO and President of First Liberty Power, stated, "The most recently obtained data has identified and delineated numerous significant anomalies. Of particular interest is the identification of several areas showing areas of low resistivity in both the southern and northern portions of the Property. Based on these results, correlated with our prior mapping, the Company has made the determination that a drilling program is clearly warranted, and we are presently working with Hasbrouck Geophysics and GeoXplor to implement the final phase of our resource delineation program."The majority of the world's lithium production comes from brines, or salt lakes, where prospective lithium mineralization is generally hosted in brine horizons. CSAMT/MT is an electromagnetic (EM) geophysical method commonly used in the exploration industry. It determines the earth's subsurface electrical resistivity distribution by measuring time dependent variations of the earth's natural electric (E) and magnetic (H) fields, as well as the electric and magnetic fields resulting from high frequency induced waves. The resistivity information is generally used to determine subsurface geologic and hydrogeologic conditions and structure. The CSAMT/MT method is designed to investigate from depths of approximately 10 to 1000 meters, or greater, depending upon subsurface resistivity values. Lower resistivity values will decrease the investigation depth while higher values will generally result in greater depths of investigation.
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