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Latest U.S. Precious Metals Inc. Stories

2008-11-07 09:00:00

U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR") CEO and Chairman of the Board, M. Jack Kugler, released assay data for selected intervals from drill hole number 10. The four mineralized zones intercepted are: first intercept -- 10 feet of 0.200 opt gold, 1.71 opt silver, 1.63% copper; second intercept -- 8 feet of 0.069 opt gold, 1.03 opt silver and 0.558% copper; third intercept -- six feet of 0.027 opt gold O.54 opt silver and 0.178 % copper; and fourth intercept -- 10 feet of 0.071 opt...

2008-10-06 09:00:39

U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR") CEO and Chairman of the Board M. Jack Kugler released assay data for selected intervals in drill holes 8 and 9 today. Drill hole number 8 intersected 20 feet of 0.206 opt gold, 0.88 opt silver and 1.06% copper. Drill hole number 9 intersected 18 feet of 0.146 opt gold, 1.46 opt silver and 1.19% copper. The additional drill hole information has increased the proven reserve from 199,200 tons to 276,899 tons. The additional tonnage adds 3190...

2008-09-02 09:00:30

U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR") CEO and Chairman of the Board, M. Jack Kugler, announced today that the Environmental Impact Statement submitted in late May 2008 to the Semarnat, Mexico's agency for regulating the mining industry, has been approved. The approval gives USPR the right to mine and process mineralized material on our concession in La Sabila, located in Michoacan state. This is within the main operating zone. The approval will allow USPR to build new roads and...

2008-08-11 12:01:06

U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR") -- M. Jack Kugler, CEO and Chairman of the Board, USPR, Inc., released today assay data for selected intervals from drill hole number 6. Mr. Kugler stated that the exploration drilling continues to produce encouraging results with holes 8 and 9 currently in progress. Mr. Kugler also stated that with the pending approval of our Environmental Impact Statement we will be able to build new roads on the concession opening up areas that have...

2008-07-08 09:00:50

U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR") -- CEO M. Jack Kugler, the CEO of USPR, announced today that the assay results for copper in the mineralized zones reported last week in drill hole #3 were better than expected. The latest assay results indicated that the 8 foot zone, with a previously announced estimated combined value in gold and silver of $185 per ton, averaged 1.42% of copper. This effectively increased the value of the zone to approximately $303 per ton. The lower...

2008-07-01 09:00:50

U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR"), through its CEO M. Jack Kugler, today released assay data from Chris Christopherson Inc. (an independent testing laboratory in Smelterville, Idaho), for the gold and silver values from an intercept from drill hole number 3. CEO Kugler further indicated that the assay results were quite encouraging. Drill hole number 3, drilled adjacent to drill holes number 1 and 2, apparently intersected another mineralized vein. The first three holes of...

2008-06-27 09:02:54

U.S. Precious Metals, Inc. (USPR.OB OTCBB) ("USPR"), through its CEO M. Jack Kugler, announced today that the drilling campaign in southern Michoacan, Mexico continues to produce ore intercepts. Drill hole number 3 intersected a 40 foot section of a quartz sulfide vein. The intercept is dominated by pyrite with gold, silver and copper values. The most important hole of the drilling campaign thus far is drill hole number 5. Hole number 5 contains multiple intervals of sulfide...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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