US Precious Metals an exploration stage company engaged in the acquisition, exploration and development of mineral properties in the State of Michoacán, Mexico announces the Company has entered into an "Investment Banking" agreement with J. Streicher Capital, LLC, a FINRA registered broker dealer, located in New York City, New York. It also entered [...]
US Precious Metals announces it has received a technical report from Applied Minerals, Thompson Falls, Montana. The report is entitled “La Sabila Precious & Base Metals Deposit Project Report.” Mr. Michael J. Floersch is the Qualified Person (QP) responsible for the report. This 40 page report describes the history of our Michoacan, Mexico property [...]
U.S. Precious Metals announces its final drilling results from the 2015 drill program on its Solidaridad property, Michoacán, Mexico. The 2015 program consisted of 4,303 meters of diamond drilling resulting in 27 holes. The drill program provided infill drilling on the "Main Zone," confirmation drilling of older RC drill results and some [...]
U.S. Precious Metals announces that it has received additional assays from its 2015 drilling campaign. The assays for the five holes 18-22 continue to show high values of Gold, Silver and Copper with wide intercepts in multiple locations. Of particular importance were Holes 21 and 22 which were drilled in the "Main Zone" 50m apart with the same 60 [...]
U.S. Precious Metals provides an initial geologic update on its 2015 Drilling Program. Based upon information obtained to date (20 drill holes cored and assayed), USPR has identified 1 new area of mineralization and expanded 3 areas of known mineralization. The new area is approximately 100 meters east of the "Main Zone," and called the "East [...]
U.S. Precious Metals announces that it has completed a total of 30 drill holes to date under its 2015 drilling campaign. USPR expects to complete the first 5000 meter of the planned campaign by months end. The drilling campaign has focused on definition drilling within the Main Zone and the southern Main Zone with the goal in increasing the [...]
U.S. Precious Metals announces that it has completed 25 drill holes to date under its 2015 drilling campaign. Based on existing hole depths, the Company expects to drill a total of 30 holes in this campaign to reach 5,000 meters. The drilling campaign focused on definition drilling of locations on the Main Zone and the Southern extension areas as [...]
US Precious Metals announces that as of Monday, June 8, management has completed fifteen drill holes in its current drilling program which is underway on its property located in Michoacan. The cumulative depth of these holes is approximately of 2500 meters. Significant mineralization has been identified in each of the cores drilled and a majority [...]
U.S. Precious Metals to act as operator for the Company's 2015 core drilling program on its mining concessions located in Michoacan, Mexico. The program initially consists of 5,000 meters that target areas near drill holes from prior drilling campaigns to expand and define known mineralized zones at depth. Moreover, specific anomalies identified by [...]
US Precious Metals announces that on January 9, 2015 Former Ambassador Hans H. Hertell has become Chairman of its Board of Directors and Mr. Scott Hartman has become its Chief Executive Officer. An attorney with over 30 years experience in government, public affairs, business, and banking, Ambassador Hans H. Hertell was sworn in as the United [...]
US Precious Metals provides the following operational update. The Company is continuing its negotiations with Mesa Acquisitions Group, LLC (MAG) to restructure its existing mining development agreement. The parties have discussed the specifics of MAG commencing a 30,000 meter drilling campaign on our property sufficient to complete the National [...]
US Precious Metals is providing the following historical compilation of prior milestones regarding our Mexican concessions and an update on current developments regarding certain corporate and exploration events: On May 22, 2013, the Company USPR and Mesa Acquisition Group, LLC (MAG) entered into a Joint Venture to perform three phases of work on [...]