SOURCE: United Resource Holdings Group, Inc.

February 26, 2007 14:18 ET

United Resource Holdings Group, Inc. Announces Retaining KAS Gales Company

LONGVIEW, TX -- (MARKET WIRE) -- February 26, 2007 --United Resource Holdings Group, Inc. (PINKSHEETS: URHG) announced today that they have retained KAS Gales Company for the purpose of updating all engineering and geological survey work on the previously purchased property known as the Ward Creek Group. This property includes eight hundred and sixty acres of contiguous unpatented lode claims and forty acres of unpatented placer claims in the Ward Creek area of Plumas County, California.

The Ward Creek Group adjoins the Gruss Mine, also known as the Genesee Mine, which produced over $1,500,000 in gold in the early 1900s. The Ward Creek Group lies directly in the Plumas Copper Belt where the Engels and Walker Mines operated for several decades. These two mines alone produced over three hundred million pounds of copper, six hundred million ounces of silver and three hundred thousand ounces of gold.

Mark Kersey, President of United Resource Holdings Group, Inc., states: "Retaining KAS Gales Company enhances our ability to develop our properties for production."

About United Resource Holdings Group, Inc.:

United Resources Holdings Group, Inc. is an American company focused on gold, silver, and copper mining and the development of a wide variety of other natural resources.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligations to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information

  • Contact:
    United Resource Holdings Group
    Mark Kersey