United Silver Corp. Miners Break Through to Big Creek #4 Tunnel
United Silver Corp. ('United Silver Corp.?,the 'Company?, or
'USC?; TSX: USC; OTC: USCZF; Frankfurt: UM8) is pleased to announce
that on May 24, USC miners at the Crescent Mine Project broke through to
the existing Big Creek #4 tunnel, a narrow, track tunnel dating back to
the early 1920′s. The miners had been driving the new trackless Big
Creek #4 adit since late March and have advanced more than 700 feet in
virgin ground. The breakthrough is a milestone in the plan of the
Project to achieve commercial production by the second quarter of 2013.
Having broken into the existing tunnel the crew will now advance
westward by widening the tunnel for another sixteen hundred feet, at
which point they will turn south into virgin ground to complete the
connection with the Countess Decline. Simultaneously, development crews
in the Countess Decline are continuing to ramp downward in the footwall
of the South Vein. Projections are for the two crews to hook up on the
3490 level in Spring of 2013. When connected to the Countess Decline,
the new Big Creek #4 adit and widened Big Creek #4 tunnel will provide a
secondary escape way, which is necessary before the mine can go into
regular production.
ABOUT UNITED SILVER CORP.
USC is a vertically integrated mining company with operations in Idaho,
USA. It has now acquired a 100% interest in the Crescent Silver Mine
project in Idaho's prolific Silver Belt - directly between two of the
world's historically largest silver producing properties, the Sunshine
and Bunker Hill mines. USC also offers a full suite of mining services
including contract mining and mine machine repair and fabrication
services to silver miners in the district. USC's common shares trade on
the Toronto Stock Exchange under the symbol 'USC'. For more information
about USC, please visit: www.unitedsilvercorp.com.
ON BEHALF OF UNITED SILVER CORP.
'Graham Clark'
Chairman and CEO
Investor Relations
Tel. (855) 238-0202
FORWARD LOOKING STATEMENTS: This press release contains forward-looking
statements, which address future events and conditions, which are
subject to various risks and uncertainties. Forward looking statements
in this press release include that we can achieve commercial production
by the second quarter of 2013, and the specific plans outlined for work
on the mine. The Company's actual results and financial position could
differ materially from those anticipated in such forward-looking
statements as a result of numerous factors, some of which may be beyond
the Company's control. These factors include: results of exploration and
development activities, technical mining problems that cause us to
change plans, mis-estimation of mineral reserves and resources,
fluctuations in the marketplace for the sale of minerals, the inability
to implement corporate strategies, the inability to obtain sufficient
financing, labor shortages, the inability to keep key employees,
currency fluctuations, general market and industry conditions and other
risks disclosed in the Company's filings with Canadian Securities
Regulators.
Forward-looking statements are based on the expectations and opinions of
the Company's management on the date the statements are made. The
assumptions used in the preparation of such statements, although
considered reasonable at the time of preparation, may prove to be
inaccurate and as such, undue reliance should not be placed on
forward-looking statements. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise.
The TSX Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the content of this news release.
United Silver Corp.
Investor Relations
Graham Clark,
855-238-0202