USPR Working with Castlepines, a well-established international investment and consulting firm

Since August of this year USPR and Castlepines Corp. have been working together to explore USPR operational and financing plans.  Through this relationship, it has been noted that Castlepines is now interested in investing $200 million in USPR continuing its exploration and drilling program on the 37,000 acres of land.

"This proposed new facility is a very important step towards creating a capital structure that will enable the Company to further realize growth potential for the Company's stockholders," said Mr. Kugler, who is Chief Executive Officer and Chairman of the Board of U.S. Precious Metals, Inc.

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About U.S. Precious Metals, Inc.:

USPR is a mineral exploration company headquartered in Lake Mary, Florida and operating in Mexico through its Mexican subsidiary, U.S. Precious Metals de Mexico, S.A. de C.V. USPR owns significant exploration and exploitation rights to approximately 37,000 acres of land in Michoacan, Mexico. USPR's common stock is quoted on the OTC Bulletin Board under the symbol "USPR."

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