Sennen Resources Ltd. (TSX VENTURE:SN) ("Sennen or the Company") comments
briefly on the second "Open Letter to Shareholders of Sennen Resources" (the
"Letter") dated August 9, 2012 issued by Liberty Silver Corp. (TSX: LSL and
LBSV-OTCBB) ("Liberty").


The Letter does nothing to refute the cogent reasons for rejection presented in
Sennen's Circular and News Release dated July 31, 2012, and the Letter is
replete with fundamental errors that display an embarassing lack of
understanding by Liberty's management of Sennen's financial statements and other
disclosure. Out of apparent desperation, despite suggesting the desire to
conclude a "friendly" transaction, Liberty has spent an inordinate amount of
time and effort on personal attacks and criticizing the stewardship of the
Sennen's Board and management for succeeding where they themselves have not.
Rather ironically, Liberty will fail if it is unable to achieve exactly what
that stewardship has produced (and the Board of Liberty has not) - $13.5M in its
treasury which places Sennen in a strong financial position to carry on its
business and remain solvent for the foreseeable future.


Sennen's Shareholders, who understand the lack of relevant experience in the
sector as demonstrated by Liberty's management in their Letter, and their
desperate attempt to access cash by any means for that company's survival, still
await a response from Liberty's management regarding their "entry cost" into
Liberty. Sennen Shareholders, as well as any current and potential future
shareholders of Liberty, are entitled to know whether this was at one half of
one cent per share (or less), being the average cost of 68.4M of the 81M Liberty
shares currently on issue. This fundamental shareholder issue of value creation
or exploitation by the Liberty management, board and controlling shareholders
must be addressed. Sennen has still been unable to locate Liberty management's
US Insider filings, and Sennen once again extends an invitation to Liberty
Directors and management to disclose this information in the interests of full
and plain disclosure-a subject that lies at the very heart of Sennen
Shareholders' lack of trust in Liberty's management.


Sennen has yet to receive one letter, phone call or email in support of the
Liberty Offer, and the response of Sennen Shareholders to the Liberty Letter has
been extremely negative. Any Sennen Shareholders that do wish to incur the high
risk of financial exposure to Liberty are reminded that they can simply buy
Liberty shares in the market.


Stated Ian Rozier, President of Sennen, "Several of the comments made by
Liberty's management are unprofessional, factually inaccurate and disingenuous,
and clearly demonstrate their lack of experience and integrity without the need
for any further comment from Sennen. Quite simply put, Sennen Shareholders are
effectively being asked to make a Private Placement of $13.5M into a junior
company with an OTC Bulletin Board type share structure that the market, Liberty
directors, and its major shareholders, are themselves unwilling to do. The
myriad of reasons for the markets' refusal to make such an investment into
Liberty are confirmed by the very comprehensive report from the Financial
Advisors to the Board of Sennen, and based on Liberty's lack of financing
success and the unwillingness of Liberty's directors and major shareholders to
finance it themselves, we can only assume that they are aware of, and concur
with this market assessment. We repeat, based on any analysis of the fundamental
issues, Liberty's Offer is of zero interest to Sennen's Board, management and to
shareholders representing a majority of the Company's shares. Liberty's advisors
should advise them to stop wasting everyone's time and money."


Do not tender your Sennen Shares to the Liberty Offer. Sennen Shareholders are
reminded that the Board of Directors have recommended rejection of the Liberty
Offer for the reasons set out in the Director's Circular dated July 30, 2012.
There is no need for Sennen Shareholders to do anything to reject the Liberty
Offer. Please refer to the Director's Circular, which is available on SEDAR, for
the reasons for rejection, and steps to take if you have already tendered your
Sennen Shares.


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