U S Precious Metals Inc.

• Public
• US

Dow Jones Description

We are a mineral exploration company in our development stage. For the year ended May 31, 2005, we had no revenues and substantial losses of $226,093. Furthermore, as of May 31, 2005, we had only $4,734 in cash. Currently, we are in need of approximately $1,000,000 of additional capital to execute our business plan and sustain it over the next 12 months. The Company's office is located at 6 Glory Lane, Sussex, New Jersey 07461. The Company's telephone number is (973) 875-7647 (b) Description of Business. We are an exploration stage company engaged in the acquisition, exploration and development of mineral properties. We have acquired the exploration concession to the Solidaridad Properties. We have received mining reports on the Solidaridad I property from two geologists who performed limited geological work on the Solidaridad I property. At the time of their respective reports, both geologists were independent, however, subsequent to his report, we appointed Dr.

Number of Employees 7

Contact Information

Peer Companies

• Freeport-McMoRan Copper & Gold Inc.
• Xstrata Plc.
• Newmont Mining Corp.
• Southern Copper Corp.
• Cleveland-Cliffs Inc.
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