Dear Fellow Stockholders,
2017 has been a significant year for U.S. Precious Metals. While the company had a new Board of Directors, we worked diligently with our partners and advisors to bring current the company’s property rights in Mexico and develop a mining campaign to explore gold deposits on the property. As interim CEO, I want to keep that momentum going by setting four new goals for the company to accomplish in the next 100 days:
- Initiate exploratory mining campaign with the ultimate goal of acquiring an NI 43-101 technical report on the property in Mexico.
- Complete documentation retrieval to resume SEC reporting and trading status.
- Bring outstanding liabilities to a favorable close.
- Relocate the corporate offices to Florida to consolidate legal and operational resources.
We believe our market opportunity is huge, and preliminary ground sampling and geophysical testing has yielded valuable results that exceeded our expectations. Our unique position with this legendary gold mine makes the company poised for considerable growth in the coming years. We have a great team here at U.S. Precious Metals and I am excited to build upon that team with the long term goal of strategically monetizing the company’s mining interests.
I’ll be drafting these letters at least monthly throughout my tenure to keep you up-to-date about the four goals above and other developments related to the company.