USPR Announces Exceptional Grades from Drill Holes 12-17 of Its 2015 Drilling Campaign
July 27 2015 - 8:51AM
Access Wire
NEW YORK, NY/
ACCESSWIRE / July 27, 2015 / U.S. Precious Metals, Inc.
(OTCQB: USPR) 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 resource estimate while discovering additional
mineralized material.
As mentioned in our prior press release, drill holes 12 through
17 targeted the southern portion of the Main Zone with our efforts
focused on drilling exposed quartz sulfide veins on the surface and
defining those veins at depth. Some significant intercepts from
each of the drill holes as mentioned here, are noted in the table
below.
Mr. Dave Burney, the company's chief geologist stated, " Drill
holes 12 through 17 intersected exceptional grades of gold, silver
and copper and in particular, drill hole 15 which has grades up to
50.93 g/t gold, 372.27 g/t silver and 13.46 % copper." Additionally
he said, "We are encouraged with the results of the first 5000
meters and delighted by the performance of the employees and
contractors that have been professional and diligent in their
efforts during the first phase of the 2015 drilling campaign.
Assay Results, Holes 12 through 17
The Company has received the independent assay results from ACT
Labs, Zacatecas, Mexico for these drill holes.
Holes 12 through 17 assay results demonstrate grades up
to 50g/t Au (Gold), 372g/t Ag (Silver) and 13.46% Cu
(Copper). Key intercepts from these holes are as
follows:
|
|
|
DRILL HOLE: LS-15-013
|
|
|
|
|
Au
FA-AAS
|
Ag
|
Cu
|
|
|
|
|
g/t
|
g/t
|
%
|
|
FROM
|
TO
|
Intercept (meters)
|
|
|
|
|
56.00
|
56.54
|
0.54
|
7.778
|
41.8
|
0.242
|
|
56.54
|
56.90
|
0.36
|
0.11
|
14.2
|
0.125
|
|
56.90
|
57.40
|
0.50
|
2.187
|
84
|
0.686
|
|
57.40
|
57.65
|
0.25
|
0.025
|
1.5
|
0.03
|
|
57.65
|
58.05
|
0.40
|
15.59
|
204.27
|
4.38
|
|
|
|
|
|
|
|
|
|
|
|
DRILL HOLE: LS-15-014
|
|
|
|
|
Au
FA-AAS
|
Ag
|
Cu
|
|
|
|
g/t
|
g/t
|
%
|
FROM
|
TO
|
Intercept (meters)
|
|
|
|
29.85
|
30.35
|
0.50
|
4.217
|
3.8
|
0.257
|
33.10
|
33.75
|
0.65
|
1.208
|
5.3
|
0.057
|
33.75
|
34.15
|
0.40
|
1.663
|
8
|
0.0836
|
47.40
|
48.00
|
0.6
|
3.941
|
18.7
|
0.164
|
69.70
|
70.40
|
0.70
|
18.2
|
54.50
|
1.546
|
|
|
|
|
|
|
|
|
|
DRILL HOLE: LS-15-015
|
|
|
|
|
Au
FA-AAS
|
Ag
|
Cu
|
|
|
|
g/t
|
g/t
|
%
|
FROM
|
TO
|
Intercept (meters)
|
|
|
|
25.00
|
26.50
|
1.50
|
1.374
|
1.5
|
0.076
|
29.30
|
29.80
|
0.50
|
8.641
|
68.9
|
0.061
|
30.00
|
30.80
|
0.8
|
9.552
|
76.8
|
0.784
|
30.80
|
31.65
|
0.85
|
11.05
|
127.34
|
6.249
|
45.60
|
46.35
|
0.75
|
4.869
|
10.6
|
0.331
|
46.35
|
46.58
|
0.23
|
13.09
|
255.38
|
7.059
|
46.58
|
46.80
|
0.22
|
29.76
|
204.37
|
7.227
|
46.80
|
47.15
|
0.35
|
50.93
|
372.27
|
13.464
|
84.25
|
84.48
|
0.23
|
1.604
|
1.8
|
0.055
|
138.70
|
139.10
|
0.4
|
21.67
|
82.2
|
1.576
|
145.50
|
145.87
|
0.37
|
19.08
|
57.2
|
1.234
|
145.87
|
146.87
|
1
|
3.575
|
15.5
|
0.781
|
148.87
|
149.82
|
0.95
|
3.56
|
16.6
|
0.482
|
149.82
|
150.40
|
0.58
|
30.07
|
196.56
|
5.617
|
|
|
|
|
|
|
|
|
|
DRILL HOLE: LS-15-016
|
|
|
|
|
Au
FA-AAS
|
Ag
|
Cu
|
|
|
|
g/t
|
g/t
|
%
|
FROM
|
TO
|
Intercept (meters)
|
|
|
|
11.80
|
12.28
|
0.48
|
0.022
|
1.5
|
7.978
|
|
|
|
|
|
|
|
|
|
DRILL HOLE: LS-15-017
|
|
|
|
|
Au
FA-AAS
|
Ag
|
Cu
|
|
|
|
g/t
|
g/t
|
%
|
FROM
|
TO
|
Intercept (meters)
|
0.005
|
0.001
|
1
|
98.65
|
99.08
|
0.43
|
1.486
|
129.41
|
7.101
|
109.90
|
110.10
|
0.20
|
0.652
|
50.7
|
2.141
|
114.40
|
114.57
|
0.17
|
25.46
|
106.33
|
3.485
|
115.30
|
115.70
|
0.40
|
3.886
|
71.1
|
2.56
|
|
|
|
|
|
|
To view a complete table of available composited results for
Holes 12 through 17, please click on the following link to the
Company’s website:
http://www.usprgold.com/exploration/assays-2015-campaign-drill-holes-12-to-17.
About USPR
US Precious Metals, Inc. is an exploration stage company engaged
in the acquisition, exploration and development of mineral
properties. We focus on gold, silver and copper primarily located
in the State of Michoacán, Mexico owning exploration and
exploitation concessions to approximately 37,000 contiguous acres
of mineral rights.
www.usprgold.com.
This press release may contain certain "forward-looking
statements" relating to the business of U.S. Precious Metals, Inc.
and its subsidiary. All statements, other than statements of
historical fact included herein are "forward-looking statements"
including statements regarding the Company's short term business
and operations, the general ability of the Company to achieve its
commercial objectives, including the ability of the Company to
sustain growth; the business strategy, plans and objectives of the
Company and its subsidiaries; and any other statements of
non-historical information. These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believes," "expects", “intended” or similar expressions, involve
known and unknown risks and uncertainties. Although the Company
believes that the expectations reflected in these forward-looking
statements are reasonable, they do involve assumptions, risks and
uncertainties, and these expectations may prove to be incorrect.
Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website (http://www.sec.gov). All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking
statements.
Investment & Company Information
Steve Chizzik
Investor relations
The Verrazano Group, LLC
+1(973) 232 5132
SOURCE: US Precious Metals, Inc.