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Old 02-11-2008, 10:07 PM
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U.S. Precious Metals Hires Chain of Custody Firm



Celebration, Florida, February 11, 2008 (Business Wire) – U.S. Precious Metals, Inc. (USPR.OB OTCBB) Director Sheldon Baer announced today that drilling on the La Sabila project is proceeding as planned. “Currently we have two crews working 10 hour shifts, six days a week. Our geologist’s field checks the core and then transports it to our warehouse facility in Morelia for processing.”



“Applied Minerals”, a privately owned company hired by USPR, was on site this past week to establish a “Chain of Custody” for the core and to make arrangements for the sampling and shipment of the core to a laboratory in the United States. In addition, they are responsible for verifying the drill hole locations. Director Sheldon Baer said “it is in the best interest of our shareholders to protect the core against contamination, tampering or fraud and that hiring an independent firm would best facilitate our concerns.”

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 Timberline Resources Corporation, 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, 2006. 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.

SOURCE: U.S. Precious Metals, Inc.

CONTACT: U.S. Precious Metals, Inc.
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