SOURCE: United Mines, Inc.

United Mines, Inc.

November 24, 2009 10:00 ET

United Mines, Inc. Begins Trading on the OTC Bulletin Board

Company Has Management Team With 145 Combined Years of Mining Experience and Trades Under the Symbol UNMN

ORO VALLEY, AZ--(Marketwire - November 24, 2009) - United Mines, Inc. (OTCBB: UNMN) ("United Mines" or "the Company"), a precious metals mining company, based in Tucson, Arizona, USA, is pleased to announce that it recently began trading on the OTC Bulletin Board under the symbol "UNMN."

United Mines' President Glenn E. Martin stated, "United Mines listing on the OTC Bulletin Board is a significant step towards increasing our Company's visibility and providing liquidity for our shareholders. We believe this move will also provide the Company with additional financing options to fund future mineral exploration at our mines."

United Mines was formed with the goal of becoming a successful mineral exploration and development company, while becoming a mid-tier level silver, gold and copper producer. The Company was founded by Glynn G. Burkhardt, Glynn A. Burkhardt, and Glenn E. Martin in 2005. The Company's current management has a combined 145 years of experience in the mining industry.

The Company owns silver, gold and copper exploration projects in Arizona, U.S.A. The primary silver exploration and development project is known as The Cerro Colorado Silver Mining Project. United Mines' primary gold exploration and development projects are The Big Three, Ostrich, Tres Amigos and Sorrel Top. The primary copper mining exploration and development projects are The Blue Copper, Green Copper and Red Beds. Management is currently developing plans regarding the exploration of these claims, which the Company will announce shortly. Plans are also being developed to acquire additional mining projects as funding becomes available.

United Mines' Ostrich, Big Three, Edwards, Ajax, and Tres Amigos gold properties are all within areas reported by the U.S. Bureau of Mines, U.S. Geological Survey and Department of Interior to be highly prospective, with a high probability for the discovery of unknown poly-metallic gold deposits. All of these properties are past producers of high-grade gold and silver ores and are located within the mineralized area that has only recently begun to be explored with modern tools. The Cerro Colorado Mining District in Pima County, Arizona is historically shown to have already yielded significant silver over the past two hundred years.

In addition to its mining claims, United Mines owns and operates a twin plant processing facility that is permitted by the Bureau of Land Management (BLM). The Company has 45,000+ tonnes of, mineralized material, consisting of silver, independently assayed in side cast mine dumps, on the ground, ready to be transported to the Company's permitted Mill Site. The Company is currently performing upgrades on its permitted twin plant millsite scheduled to be completed in Q2 2010. UMI plans to begin a one-year intensive program of sampling, drilling and geochemistry that is expected to yield more positive proof of high grade ores suitable for near-the-surface open pit mining while filing several Notice of Intents (NOIs) and "modified" plans of operations for the millsite with BLM to begin bulk test sampling.

About United Mines, Inc.

United Mines, Inc. was incorporated in Arizona in 1999 as Plae, Inc. On February 18, 2005, the corporate name was changed to King Mines, Inc. and then subsequently changed to its current name, United Mines, Inc., on March 30, 2005. The Company owns silver, gold and copper exploration projects in Arizona, U.S.A. The primary silver exploration and development project is known as The Cerro Colorado Silver Mining Project. United Mines' primary gold exploration and development projects are The Big Three, Ostrich, Tres Amigos and Sorrel Top. The primary copper mining exploration and development projects are The Blue Copper, Green Copper and Red Beds. In addition to its mining claims, United Mines owns and operates a twin plant, 100+ ton per day gravity float & 55,000 ton heap leach processing facility that is permitted by the Bureau of Land Management and the (ADEQ) Arizona Department of Environmental quality. For more information about United Mines, please visit http://www.unitedmines.com.

Forward Looking Statements

This news release contains certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words "believe," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict" "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.

Contact Information

  • Contact:
    Mr. Glenn E. Martin
    President
    United Mines, Inc.
    (520) 742-3111
    Email: Email Contact