SOURCE: Liberty Silver Corp.

December 07, 2010 08:30 ET

Liberty Silver Corp. Appoints Mr. W. Thomas Hodgson to Its Board of Directors

RENO, NV--(Marketwire - December 7, 2010) -  Liberty Silver Corp. (OTCBB: LBSV) ("Liberty" or the "Company") (www.libertysilvercorp.com) is pleased to announce that Mr. W. Thomas Hodgson has been appointed to its board of directors.

"I am pleased to have Tom Hodgson join our other recently announced board members, Paul Haggis, Timothy Unwin, John Barrington and George Kent here at Liberty Silver Corp.," stated Mr. Geoff Browne, CEO and Chairman of the Board. "Their tremendous and varied areas of expertise and experience will be extremely beneficial as we push forward with our initiatives for Liberty Silver Corp."

Mr. Hodgson's is currently a Senior Partner and Chairman of Greenbrook Capital Partners Inc., a financial advisory firm, and acts as a consultant and advisor to the chairman of Magna International Group, one of the world's largest automotive companies, having a particular specialization in sourcing venture investment opportunities for the company. Mr. Hodgson has over twenty years experience in capital markets research, corporate advisory matters and consulting. He is currently a director of Helix Biopharma Corp. and Lithium Americas Corp., and has been a board member of MI Developments Inc., and was Director, President and Chief Executive Officer of Magna Entertainment Corp. Mr. Hodgson has held senior positions with Canadian financial institutions and U.K. companies including Canadian Imperial Bank of Commerce, Canada Permanent Trust Co. and Central Guaranty Trust, where he served as President and Chief Executive Officer.

Liberty Silver Corporation is rejuvenating the Trinity Silver Project in Nevada which was for a short period of time the largest producing silver mine in the United States. Over 5 million ounces of silver were produced from the Trinity Silver Project in just 2 years (1987-1989), however due to extremely low silver prices the mine was closed. Liberty Silver has employed a premier management team with an impressive track record for returning closed mines back to productive, profitable operations. Liberty Silver is currently moving forward an aggressive geophysical study and initial exploratory drilling program.

About Liberty Silver Corp.
Liberty Silver Corp., a publicly held American company traded on the OTCBB as LBSV, is focused on exploring and developing mineral properties located in North America. The Company is led by a highly skilled, experienced management team and board of directors with decades of success managing exploration, development and mining projects. The Company is committed to creating value for its shareholders by advancing its current projects to production, developing new resources on its current properties, and by acquiring new properties that have the potential to increase their resource base.

On behalf of the board of directors of Liberty Silver Corp.

William (Bill) Tafuri, President and COO

Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Liberty Silver Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available. The forward-looking statements contained in this press release may also include statements relating to Liberty Silver Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters. Liberty Silver Corp. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

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