USPR Announces the Metallurgical Processing of Gold, Silver, Copper in Its Morelia Facility

LAKE MARY, FL -- (Marketwire) -- 10/26/09 -- M. Jack Kugler, Chief Executive Officer and Chairman of the Board of U.S. Precious Metals, Inc. (OTCBB: USPR) ("USPR" or the "Company"), announced today that the technical staff at the Company's Mexican subsidiary is processing ore from the La Sabila property at its Morelia laboratory. The ore collected from a vein exposed on the surface was previously assayed at 0.062 ounces per ton gold, 17.3 ounces per ton silver and 7.16% copper. The ore samples are believed to contain the copper minerals chalcocite and chalcopyrite, the silver mineral acanthite, native gold and gold bearing pyrite. In addition, it is believed that copper oxides are present. A silver bar produced in the laboratory was assayed by Chris Christopherson, Inc. of Kellogg Idaho ("CCI") for gold, silver and copper. The four inch long bar assayed by CCI ran 5.425 ounces per ton gold, 199.8 ounces per ton silver and 76.0% copper. American Analytical Services, Inc. of Wallace, Idaho completed the 41-element scan.

Mr. Kugler added that the metallurgical testing conducted at the Company's Morelia laboratory is under the direction of Carlos Becerra, a 25-year veteran of the mining industry in Mexico. Mr. Becerra, a chemist and metallurgist, is using industry standard techniques to concentrate the metals and create the bars.

Different types of bars have been produced in the Company's laboratory: a copper sulfide bar which contains silver, gold and copper as well as bars of silver with copper and gold. This metallurgical testing and production of metal bars confirms to the Company that gold, silver and copper can be extracted. The Company intends to produce gold, silver and copper in its laboratory and duplicate the processes at the project site on a production scale.

The Company is continuing to analyze the resources at the La Sabila property to confirm the findings of the economic potential of this area as stated in the previously obtained NI 43-101 pre-feasibility study. For more information visit our web site www.usprgold.com and click on the link to review photos.

About U.S. Precious Metals, Inc.:

USPR is a mineral exploration company headquartered in Lake Mary, Florida and operating in Mexico through its Mexican subsidiary, U.S. Precious Metals de Mexico, S.A. de C.V. USPR owns significant exploration and exploitation rights to approximately 37,000 acres of land in Michoacan, Mexico. USPR'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 statements. Such forward-looking statements relate to future events and future operating results, performance, prospects and opportunities. The use of terms such as "anticipate," "believe," "estimate," "plan," "intend" and "expect" and similar expressions, as they relate to USPR, or its management, identify forward-looking statements. These forward-looking statements are based on information currently available to USPR and USPR's current plans, intentions and expectations. Forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause USPR'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 USPR's Annual Report on Form 10-K for the fiscal year ended May 31, 2009, filed with the U.S. Securities and Exchange Commission on September 16, 2009. Except as required by the Federal securities law, USPR does not undertake any obligation to revise or update any forward-looking statements contained herein after the date hereof.

CONTACT:
U.S. Precious Metals, Inc.
M. Jack Kugler
Chairman of the Board/CEO
(407) 566-9310

http://www.usprgold.com