SOURCE: Liberty Silver Corp.

October 18, 2010 08:30 ET

Liberty Silver Corporation Appoints R. Geoffrey Browne as CEO

RENO, NV--(Marketwire - October 18, 2010) -  Liberty Silver Corp. (OTCBB: LBSV) ("Liberty" or the "Company") (www.libertysilvercorp.com) is pleased to announce that Mr. R. Geoffrey Browne has been appointed as CEO and to its board of directors.

Mr. Browne has over 30 years of experience in the financial services industry in Canada, the U.S and London, England. He was head of private equity for Merrill Lynch Canada and he is a founder and Managing Partner of MWI & Partners, a private equity firm. Prior to founding MWI, Mr. Browne was a senior executive with Canadian Imperial Bank of Commerce and CIBC Wood Gundy Inc. for over 20 years. The last position he held at CIBC was Chief of Staff for CIBC World Markets. Mr. Browne is active on numerous other corporate and not-for-profit Boards, and is one of three independent members of the Investment Review Committee of UBS Global Asset Management (Canada) Co. Mr. Browne holds a B.A. in economics from the University of Western Ontario.

"I am pleased to be joining Liberty Silver at such an exciting time," stated Mr. Browne. "The tremendous opportunities we have at our Trinity Silver Project in Nevada, as well as possible other property acquisitions, puts us in a most advantageous position, especially when considering that Silver and Gold continue to make record highs. We are pushing forward with our programs and will continue to work towards our goal of building value for our shareholders."

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 with 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 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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