US Precious Metals (fka USPR)

[mongoose64801]

I think the trucking cost quoted was current transportation cost of the ore that is currently under contract to process. Bare in mind there is an untold amount of low grade gold reserves in Nevada. Currently they heap it up and spray sodium cyanide on it to leach out the gold. This plant location in 29 Palms is a pretty good location to gain processing contracts if the process extracts significantly more gold than cyanide leaching. Not to mention the EPA would love this process vs cyanide.

I think I understood management to say they would plan on building a plant in Mexico if reserves warrant the cost.