SOURCE: U.S. Precious Metals, Inc.

July 08, 2008 08:00 ET

U.S. Precious Metals Releases Positive Copper Results From Independent Assayer, Chris Christopherson Inc.

CELEBRATION, FL--(Marketwire - July 8, 2008) - U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR") -- CEO M. Jack Kugler, the CEO of USPR, announced today that the assay results for copper in the mineralized zones reported last week in drill hole #3 were better than expected. The latest assay results indicated that the 8 foot zone, with a previously announced estimated combined value in gold and silver of $185 per ton, averaged 1.42% of copper. This effectively increased the value of the zone to approximately $303 per ton. The lower value zone averaged 0.85% copper, which more than doubled the value of the silver and gold to approximately $125 per ton. The two zones comprise a total of 20 feet of ore grade material with a weighted average of 0.045 opt gold, 3.74 opt silver, and 1.08% copper. The table below provides the assay gold and silver results for a portion of the intersected vein as well as the copper percentages per ton.

               Au opt      Ag opt
               (Gold      (Silver                 Verification/Re-Test
 SAMPLE #      oz/ton)     oz/ton)       Cu%         Au          Ag
----------   ----------- ----------- ----------- ----------- -----------
LS08-3-43          0.045        6.96        2.18       0.040        6.88
LS08-3-44          0.104        7.90        1.35       0.106        7.85
LS08-3-45          0.124        3.38        1.20       0.116        4.02
LS08-3-46          0.070        6.17        0.96       0.060        6.16
LS08-3-47          0.019        0.40        0.01
LS08-3-48          0.005        0.68        0.04
LS08-3-49          0.004        0.36        0.03
LS08-3-50          0.004        0.20        0.01
LS08-3-51          0.015        2.19        1.10       0.012        2.02
LS08-3-52          0.021        1.08        0.35
LS08-3-53          0.009        0.43        0.11
LS08-3-54          0.005        1.08        0.02
LS08-3-55          0.020        3.00        1.05       0.025        3.08
LS08-3-56          0.060        4.98        2.05       0.049        5.06
LS08-3-57          0.015        1.59        0.24

Mr. Kugler stated that U.S. Precious Metals, Inc. is currently awaiting the assay results on drill hole #5, which intersected multiple horizons of sulfide mineralization, totaling 136 feet. The geologists from USPM are currently examining the mineralized zones found in holes #1, #3, and #5 in an attempt to see if any of these units correlate with other.

All assay results to date have been issued by Chris Christoperson Inc., an independent testing laboratory in Smelterville, Idaho.

US Precious Metals, Inc. is a gold exploration company operating in Mexico through its wholly owned Mexican subsidiary, U.S. Precious Metals de Mexico. US Precious Metal's common stock is quoted on the OTC Bulletin Board under the symbol "USPR."

Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate," "believe," "estimate," "plan," "intend" and "expect" and similar expressions, as they relate to U.S. Precious Metals, Inc., or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, such factors, including risk factors, discussed in the Company's Registration Statement on Form SB-2, as amended, and its Annual Report on Form 10-KSB, as amended, for the year ended May 31, 2007. Except as required by the Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements to reflect.

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