United Silver Corporation Announces Michael P. Gross as COO
January 11 2013 - 11:35AM
Business Wire
United Silver Corp. (“United Silver Corp.”, the “Company”, or
“USC”: TSX; USC: OTC; USCZF: Frankfurt: UM8) is pleased to
announce the appointment of Michael P. Gross, M.S., P. Geol. to the
position of Chief Operating Officer. His responsibilities will
include all USC activities relating to the planning, development
and operation of the Crescent Mine Project, a silver property
located near Kellogg, Idaho between the historic Sunshine Silver
Mine and the Bunker Hill Mine. The Project is a joint venture owned
80% by USC and 20% by Hale Capital Partners.
“Mr. Gross has served as VP Operations/COO of four gold/silver
producers (10 mines, with aggregate annual production of 473,000
oz/year gold and 9,100,000 oz/year silver). His work experiences in
the Silver Valley and elsewhere, and his achievements as a member
of senior management teams have given him excellent
qualifications to lead the USC engineering, geology and operations
teams through the next stage of mine planning and development to
the realization of the great production potential of the
Crescent Mine,” said Graham Clark, CEO and Chairman of United
Silver Corp. “His prior work and achievements as manager of
Hecla's Lucky Friday Mine, as Vice President - Operations at Royal
Oak Mines Inc., and as Senior Vice President and Chief Operating
Officer of Atlas Corporation, demonstrate his success in mine
resource analysis, increasing production while effecting strong
cost controls, and implementing effective grade control measures.
We are confident that his leadership will enable USC to rapidly and
efficiently turn the promise of the Crescent Mine into commercial
reality."
Mr. Gross has more than forty years of professional experience
in all aspects of mineral exploration, mine development and
planning, financial modeling and mine operations. He has led
efforts to create feasibility studies, mine plans and financial
models used in securing more than $200 million of debt and equity
financings for small to mid-cap companies. He has managed/acquired
companies that have seen over $900 million of increased market
capitalization. Mr. Gross has a Bachelor of Science
Degree in Geology from the University of Wisconsin, and holds
a Master’s Degree in Economic Geology from the University of
Arizona.
Mr. Gross will take up his position with USC in early
February.
ABOUT UNITED SILVER CORP.
USC is a vertically integrated mining company with operations in
Idaho, USA. It has a majority interest in the Crescent Silver Mine
project in Idaho's prolific Silver Belt - directly between two of
the world's largest silver producing properties, the Sunshine and
Bunker Hill mines. USC also offers a full suite of mining services
including contract mining and mine machine repair and fabrication
services to silver miners in the district. USC's common shares
trade on the Toronto Stock Exchange under the symbol "USC". For
more information about USC, please visit:
www.unitedsilvercorp.com
www.unitedsilvercorp.com
ON BEHALF OF UNITED SILVER CORP.
"Graham Clark"Chairman and CEO
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this
news release.