USPR +.039 News this morning! looking good here! US

New Post Public Reply Private Reply Replies (0) Message Board
Roger Wilco UVRStocks #5

USPR +.039 News this morning! looking good here!

US Precious Metals, Inc. (OTCQB: USPR) ("Company") is pleased to announce that on May 22, 2013 it entered into an agreement with Mesa Acquisitions Group, LLC. in association with Alba Petroleos ( www.albapetroleos.com.sv ) to further explore and develop USPRs Mexican concessions.

Mesa Acquisitions/Alba Petroleos has committed to expend up to approximately $50 million to explore and develop pre-determined portions of two of our Mexican concessions known as Solidaridad 1 & Solidaridad 2 located in Michoacan, Mexico. In addition, they will construct the necessary plant and/or bring in the necessary equipment to process the head ore. In return, they will receive 10 million shares of USPR common stock and receive a 30% interest of the project. USPR will retain 70% of the project.

The work will be implemented and funded by our joint venture partners in 3 stages

Stage 1: Immediate dispatch of high tech satellite imaging to identify mineralization and to confirm the Company's two previous drilling campaigns. This phase will commence immediately.

Stage 2: Develop the infrastructure necessary to commence mining and milling operations, including road, water, and power installation and staging area development for employees on site. This phase is expected to commence upon completion of Phase 1.

The cost to implement Phase 1& 2 is estimated to be $10 million.

Stage 3: Commence surface mining and sub-surface (underground) mining and build out of processing facilities. This phase is dependent on the timelines on Phase 1 & 2.

The cost to implement Phase 3 is estimated to be $40 million.

Chief Operating Officer Ruben Figueredo and Chief Technical Officer Juan Serrat, who were hired by USPR through Mr. George Mesa's (principal of Mesa Acquisitions Group LLC) recommendation a year ago, will work closely with Mr. Mesa's team to achieve our benchmarks in a timely fashion. On September 21, 2012, USPR appointed Mr. Mesa as Director of Security for its Mexican mining claims.

Jerry Pane, USPR's Chairman, stated "I am very excited to be in the position today to launch the development of our Michoacan, Mexico property. Having worked very closely with Mr. Mesa during the past couple of years, we have seen the endless hours he and his team have spent at our site developing a comprehensive plan of action. It brings great comfort to know that this is the beginning of USPR achieving its short and long term goals. In conjunction with our recently announced agreement to acquire Resource Technology Corp. ("RTC") USPR is poised to maximize value for all our shareholders."

Stay informed on U.S Precious Metal developments by getting FREE news alerts & updates delivered directly to your mobile phone by texting USPR to 545454 from your cellular device

U.S. Precious Metals Inc. (USPR) Stock Research Links

USPR Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

QuickFi Nabs Top Finovate Award for Fourth Time

Updated Category News Views 5

An Unstoppable Force in Fintech Well, if QuickFi hasn't made a name for itself in fintech, then folks, I don't know what to tell you. This year, they’ve snagged yet another prestigious Finovate Award—this time for Best SMB/SME Banking Solution. That's not their first rodeo either; it’s the fourth time they’ve walked away winners. It's almost like they're...

Continue Reading
Americas Cardroom's Poker Series Hits $7.2M Haul

Updated Category News Views 6

Massive Prize Pools Emerge in Just Four Days I found myself eyeballing some jaw-dropping numbers from Americas Cardroom's latest poker series, the Online Super Series XL. It's not every day you see nearly a hundred tournaments rake in over $7.2 million in prize pools in just four days. From September 6th to 9th, a whopping 62,847 entries signed up to make an honest...

Continue Reading
Lick the Plate Hits 2,000 Shows with Clown Band

Updated Category News Views 5

They say good things come in bizarre packages, and that's exactly the case as David Boylan's Lick the Plate zany celebration marks 15 years on air with its 2,000th episode. If you think of radio as a predictable endeavor, well, you're not tuned into Lick the Plate. A Milepost Draped in Multicolored Fabrics When you're browsing through colorful avenues of radio fame, it's...

Continue Reading
Streamlined AI Video Analytics for Public Safety Unveiled

Updated Category News Views 3

AI Without the Headache Alright folks, IREX is shaking things up, and not in the usual iterative, bit-by-bit tech progression way. StreamVLM™ has been rolled out as the world's first vision-language model (VLM) analytics engine tailored for the public safety sector—specifically, for cloud platforms. I’ve been around the block enough times to spot a significant shift...

Continue Reading
Oil Markets Shift Focus: Pipelines Trump Drilling

Updated Category News Views 7

Decoupling Oil Price and Production Response This oil market isn’t your usual rodeo. With Brent flirting with $100, it’s a seismic shift that’s not yielding new drills but redirecting capital to the existing infrastructure landscape. Ask yourself why we're not seeing the usual cavalry charge of new rigs. It’s simple: Pipeline mileage and producing wells have...

Continue Reading
NYSE Reflects on 9/11: Honoring Lives and Legacy

Updated Category News Views 6

A Somber Day at NYSE: Reflecting on 9/11 September 11th grips the heart of NYSE every year, but this year's 25th-anniversary powerfully reverberates through its hallowed halls. The hustle of the trading floor halts for a moment at 9:20 AM ET, paying homage to those lost in the harrowing attacks. I've seen the markets flap in the wind of countless crises, but nothing's...

Continue Reading
DCM Services Teams with AKUVO to Boost Estate Recoveries

Updated Category News Views 14

Revolutionizing Estate Recovery Practices Here's the scoop: DCM Services (DCMS), that big shot in estate account resolution, is hooking up with AKUVO to shake up how credit unions handle estate recoveries. This alliance is a clear nod to modernizing a process stuck in the past. Let’s face it, handling decedent and probate accounts is no cakewalk, and traditional methods...

Continue Reading
Supply Maverick Simplifies Global Shipping Processes

Updated Category News Views 5

Paving the Way for Seamless International Shipping Supply Maverick's got a new mantra, folks: simplicity. They're slicing through the mess of international shipping and bringing some much-needed clarity for customers in Canada, Australia, and New Zealand. It’s about time someone shook up the logistics playbook. The Nuts and Bolts of the New Shipping System Imagine being...

Continue Reading
Fermi's Founder Pushes for Board Overhaul: What's Next?

Updated Category News Views 4

Fermi's Roller Coaster: A Founder’s Stand Seems like Fermi Inc. is on a wild ride through the business landscape, and it's giving shareholders more whiplash than satisfaction these days. Toby Neugebauer, co-founder of Fermi and the loudest voice in the room, is feeling like his company is facing some serious turbulence and seems determined not to sit idly by as it hits...

Continue Reading
2026 Buy-Side Index Reveals State Market Variance

Updated Category News Views 6

Toss out your one-size-fits-all real estate predictions; the Q2 2026 Buy-Side Index just unveiled some real whoppers about the housing market. What we're seeing isn't your typical year-over-year growth across the board. Nope, we're seeing splits as sharp as a knife between states. Some places are shooting up in price, while others seem to be stuck in mud. Price Surges and...

Continue Reading

Top 5 Most Recently Viewed Articles

Sany Heavy Industry Prepares for Major IPO Launch in Hong Kong

Updated Category News Views 273

Exciting Times Ahead for Sany Heavy Industry Sany Heavy Industry Co. Ltd. is set to debut on the Hong Kong Stock Exchange, making its IPO highly anticipated as it has raised significant interest among investors. This listing is positioned to be the third largest in Hong Kong this year, with expectations to raise approximately $1.5 billion. IPO Details The company has...

Continue Reading
Insights on Bekaert's Share Buyback Initiative and Liquidity Strategy

Updated Category News Views 77

Updates on Bekaert's Share Buyback Program On November 21, Bekaert made the exciting announcement about the new tranche of its share buyback program. The company set a maximum consideration of €25 million to be invested in the repurchase of its own shares. The overarching goal of this program is to cancel all the shares that are repurchased, effectively boosting...

Continue Reading
Exceptional Growth: Coffee Holding Co., Inc. Sees Record Results

Updated Category News Views 239

Remarkable Year for Coffee Holding Co., Inc. Coffee Holding Co., Inc. (NASDAQ: JVA) has announced impressive results for its fiscal year ended October 31, 2024. With net sales increasing by 15% compared to the previous fiscal year, the company is celebrating one of its strongest performances in its history. Strong Financial Performance The company reported a notable...

Continue Reading
MicroSalt Expands Market Presence with New Bulk Orders

Updated Category News Views 71

MicroSalt Secures New Bulk Orders MicroSalt plc (AIM: SALT) is at the forefront of innovation with its unique low-sodium salt that delivers a full flavor experience while retaining only half the sodium content of traditional options. The company is thrilled to announce that it has successfully landed a series of bulk purchase orders, broadening its footprint in the food...

Continue Reading
Collaborative Efforts of Gradial and Stagwell to Innovate Marketing

Updated Category News Views 148

Introducing the Gradial and Stagwell Partnership The marketing landscape is evolving rapidly, and brands need to stay agile to meet consumer demands. In this dynamic environment, a new partnership among innovative companies brings a potent solution. Gradial, a leader in agentic AI technology, joins forces with Stagwell (NASDAQ: STGW), a forward-thinking company known for...

Continue Reading