Wednesday, June 11, 2008 – 1:30 PM EST / 10:30 AM PST New Green Baron Stock Alert U.S. Mine Makers, Inc. (OTCPK: USMM - .10 per share) Shares Outstanding – 39,372,956 Estimated Float – 2,016,000 Market Cap (@.10 per share) - $3.937 Million 2008 Year High - .45 per share 2008 Year Low - .08 per share USMM to Recover Precious Metals such as Gold, Platinum, Palladium and Rhodium from Ore Concentrate Stockpiles using “Eco-Friendly” Process Conservative Recovery Sales Projections Reveal Revenue of $132 Million over Three Years at Recovery Rates of just $44,000 per ton The current challenging climate in the stock market has created some incredible investment opportunities. Many low priced stocks are struggling to move higher even when blockbuster announcements are revealed. It seems the most attention these days is being drawn toward companies involved in alternative energy, mining, and oil and gas. Some stocks in these sectors have not been discovered yet. Fortunately, we have found one that meets our strict criteria for coverage. The Green Baron Report is upgrading U.S. Mine Makers, Inc. (PK: USMM) today to a Green Baron “Stock Alert”. We first introduced U.S. Mine Makers when we interviewed CEO Ronald Bell for a Green Baron webcast back on February 21, 2008. Due in part to the Company’s JV agreement with Primary Gold, assay results on test samples of ore concentrate, a keen understanding of proprietary and non-proprietary processes to extract platinoids, continued strength in precious metals prices, good technical stock indicators, and strong veteran additions to its board of directors, The Green Baron Report believes that this is a perfect time to accumulate U.S. Mine Makers common stock. Although we have aggressive short and long term expectations for this stock, we suggest our members try to accumulate shares as close to our profile price as possible in anticipation for significant percentage moves higher over the coming weeks and months. U.S. Mine Makers is really the right stock at the right time. The Green Baron Report is most attracted to this company due to management’s understanding and experience on how to maximize recovery of platinum metals group (PMG’s) from ore concentrate bearing such precious metals. Management is also experienced at maximizing recovery of gold and silver from hard rock ore and ore concentrate. At the present moment, there are huge stockpiles of ore and ore concentrate throughout the Western United States that was set aside by previous mining companies because they either did not possess the technology to further extract precious metals from it, they were only interested in the most obvious portions of the precious ore, or it was simply not economically feasible at the time to do so. Due to the increase in metals prices over the past several years and the improvement in technologies to remove PGM’s from different stages of ore concentrate, it now makes sense to seek out investment opportunities and companies that truly understand this mining landscape. Two partners of The Green Baron Report had the pleasure to meet at length with Ronald Bell, CEO of U.S. Mine Makers, in Las Vegas at The Money Show the week of May 12. It is difficult to fully communicate the excitement and assuredness in Ron’s eyes, but we must say there is no doubt that he believes U.S. Mine Makers will be a success of epic proportions. Ron truly believes that the valuable ore concentrates his Company has access to will make his shareholders jump for joy. This is a good time to list our top reasons to own shares of USMM stock right now: · The JV agreement signed with Primary Gold provides U.S. Mine Makers with access to large quantities of rich ore concentrate. Negotiations to process other stockpiles of ore concentrates are ongoing. · On April 22, 2008 two independent labs returned the following assay test results from Primary Gold’s mine ore concentrate. 1.) 23.4 troy oz gold, 4.24 troy oz palladium and 7.2 troy oz platinum per ton.
2.) 30.4 troy oz gold, 3.24 troy oz palladium and 6.57 troy oz platinum per ton.
· USMM management has a clear understanding of different processes to extract precious metals from ore. The Company prefers and will utilize a non-proprietary Halogen Leach process because these processes utilize food grade products and all discharges from operations will have little or no adverse environmental impact. · CEO Ronald Bell, Daryl A. Freter, and Joseph Lynd are considered experts in this industry. Mr. Lynde brings 47 years of mining industry experience to our company and will oversee all USMM's onsite precious metals recovery processes. Mr. Freter is a metallurgist with years of experience in development of extraction and recovery procedures for gold, silver, platinum, palladium and rhodium from complexed ores. Mr. Freter is also a well known authority in the use of halide recovery and will assist USMM with his proven system to increase yield on the ore and toxic waste sites. · Precious metal prices remain healthy. Gold is currently trading at about 870/ounce, Silver $16.50/ounce, Platinum $2000/ounce, and palladium at about $420/ounce. · Beacon Equity Research released a report back in mid-March 2008 with a short-term price target of .55 per share. · Good Technical Indicators – USMM stock is currently making a double bottom at .08 per share, the year low. A small float should allow USMM ample room to move. U.S. Mine Makers is currently sampling and testing more ore samples that should virtually assure the necessity of a full scale ore processing facility. The Green Baron Report believes USMM stock could make a giant leap forward at any time once investors absorb and extrapolate numbers that the Company feels comfortable to project internally. At the moment, U.S. Mine Makers conservatively projects that it will recover at least $44,000 per ton of concentrate. Based on processing of 1000 tons per month, which is feasible from current plans, the Company would produce over $132,000,000 in revenues in three years. The numbers get a little crazy if you add more capacity or recover more value from each ton of concentrate. To keep it simple, we believe that USMM represents a low risk way to play this hot industry. USMM is not conducting “wildcat” projects on random locations to dig. They plan to recover valuable metals from existing ore concentrates and rock known to contain precious metals using “eco-friendly” extraction methods. About U.S. Mine Makers, Inc. U.S. Mine Makers is a publicly traded company formed in Nevada in 2004. The Company specializes in "eco friendly" mining and processing on precious metals in Idaho, Nevada and Canada. USMM uses bromide processing for mine remediation projects, cleaning up watersheds and dump sites. The Company has been successful recovering residual precious metals in the waste rocks (tailings) from of its operations in Nevada and Idaho. The Company processes both ore concentrate as well as hard rock ore. USMM's business philosophy is quite simple; process ore safely and economically with environmental preservation its foremost goal. THE MARKET - USMM is in the precious metals recovery industry with a never-ending worldwide demand for its byproducts. Precious metals are used in a varied of ways including jewelry and solid state circuitry, and for their catalytic properties for the auto and trucking industries. Precious metals assets are now becoming a safe haven for hedge funds as well as investors who desire to secure the future of their personal wealth, by diversifying with precious metals as inflationary hedges. THE MISSION – In addition to recovery of precious metals from ore concentrate, USMM will focus on its abandoned mine remediation and restoration program. Presently, in the United States alone, there are approximately 500,000 old abandoned mines that are a constant danger to humans and wildlife. These abandoned, and, in most cases "open shaft" mines are also a threat to our environment because of toxic metals they secrete into our natural aquifers as well as soil contamination. The United States government has set aside a "Super Fund" consisting of $1.7 trillion dollars to treat and reclaim these mines. USMM has been active in the mine restoration business since 2001 and expects to continue its mission of mine clean-up throughout the West. Currently, the business of mine reclamation has no single operator capitalizing on this ready market. USMM, with its proven unique methods, has little or no competition. The company motto is, "We Clean the Planet - One Mine Site at a Time." U.S Mine Makers, Inc. maintains a web site at: www.usminemakers.com. Recent Key Announcements May 8, 2008 – U.S. Mine Makers, Inc. and Joint Venture Partner Primary Gold LLC Sign Lease to Conduct Precious Metal Recovery Studies - PALM DESERT, Calif. – (PRIME NEWSWIRE) - U.S. Mine Makers, Inc. (Pink Sheets: USMM) announced today that the USMM/Primary Gold joint venture (JV) has negotiated a six month lease with Volcana Technology, LLC. U.S. Mine Makers will utilize Volcana's facilities to conduct hydrometallurgical studies of precious metal recovery procedures on 500 tons of ore concentrate. The 5,000 square foot facility is located near Nampa, Idaho. The JV has initiated studies with 20-pound quantities of concentrate utilizing a small reactor. Five process variations have been completed and the recovered product has been sent to an outside analyst to confirm economic recovery values. The JV is reviewing potential sites in the Nampa, Idaho vicinity for location of the pilot plant. "Our joint venture with Primary Gold is continuing to progress in a very positive direction and we are focused on delivering results which will ultimately increase our revenues," said Ronald Bell, President and CEO of U.S. Mine Makers, Inc. "We are confident that our partnership with the extremely talented precious metals experts at Primary will continue to be a win-win for all involved." April 22, 2008 - U.S. Mine Makers, Inc. Announces Primary Gold’s Assay Results - PALM DESERT, Calif.,- U.S. Mine Makers, Inc. (Pink Sheets: USMM) recently entered into a JV agreement with Primary Gold, LLC whereby USMM is to receive 500 tons of its ore concentrate within 60 days. In return, USMM will provide the JV processing plant in Nampa, Idaho. All proceeds are to be shared on an equal basis between USMM and Primary. USMM announced today that Primary Gold, LLC's mine ore concentrate assay results from two independent labs were as follows: 1.) 23.4 troy oz gold, 4.24 troy oz palladium and 7.2 troy oz platinum per ton.
2.) 30.4 troy oz gold, 3.24 troy oz palladium and 6.57 troy oz platinum per ton.
April 17, 2008 – U.S. Mine Makers, Inc. to Joint Venture with Primary Gold - PALM DESERT, Calif.,- U.S. Mine Makers, Inc. (Pink Sheets: USMM) announced today that it has entered into a joint venture agreement with Primary Gold, LLC to recover precious metals from Primary's ore concentrates and from old toxic waste dumps of abandoned mine sites. Primary Gold will apply its halide recovery processes in order to be "eco-friendly" in all of USMM precious metal activities. Terms of the JV Agreement require Primary Gold, LLC to provide to USMM, 500 tons of its ore concentrate within 60 days. In return, USMM will provide the JV processing plant in Nampa, Idaho. All proceeds are to be shared on an equal basis. The concentrate is made from Primary Gold's mine ore and averages approximately 26.9 oz gold per ton. Two independent assay reports will be announced in the coming days. April 8, 2008 - U.S. Mine Makers, Inc. Announces Appointment of Mining Industry Veteran Joseph Lynde to Board of Directors - U.S. Mine Makers, Inc. announced the appointment of Joseph Lynde of Volcana Technology, LLC and Primary Gold, LLC to its Board of Directors. Ronald Bell, President and CEO, stated, "Mr. Lynde brings 47 years of mining industry experience to our company and will oversee all USMM's onsite precious metals recovery processes. I have known Joseph Lynde for many years, and, having worked in mining with him I know, firsthand, of his ability as a metals recovery expert. I am very pleased that he has chosen to become a part of U.S. Mine Makers." April 3, 2008 - U.S. Mine Makers, Inc. Appoints Renowned Metallurgist Daryl A. Freter to Board of Directors - U.S. Mine Makers, Inc. announced that Daryl A. Freter has accepted an appointment to its Board of Directors. Mr. Freter is a metallurgist with years of experience in development of extraction and recovery procedures for gold, silver, platinum, palladium and rhodium from complexed ores. Mr. Freter is also a well known authority in the use of halide recovery and will assist USMM with his proven system to increase yield on the ore and toxic waste sites. "We are very pleased to welcome Mr. Freter to the Board of USMM. We intend to use his unique metals recovery expertise as well as his business acumen to assist us in running USMM," stated Ronald Bell, President and CEO of USMM. March 27, 2008 - U.S. Mine Makers, Inc. to Conduct Tests Utilizing Proprietary Process to Increase Recovery of Precious Metals in Ore Stockpile - U.S. Mine Makers, Inc. (Pink Sheets: USMM) announced today that it is in the testing phase of a new proprietary process using resin to extract platinoids from ore stockpiles. These tests will confirm our proprietary process (developed and owned by USMM) for the purpose of increasing yields of platinoids estimated to be as high as 1/10 of an ounce per ton. Testing is being performed by a certified metallurgist at an accredited lab with results to be announced shortly.CEO Ronald Bell stated, "We firmly believe we have discovered the best way to retrieve platinum metals from ore. U.S. Mine Makers plans to retain and use this formula (our proprietary process) for many future mining and precious metal extraction projects." March 17, 2008 - U.S. Mine Makers Rated 'Speculative Buy,' Target Price $.55 by Beacon Equity Research – DALLAS – (BUSINESS WIRE) - U.S. Mine Makers Rated 'Speculative Buy,' Target Price $.55 by Beacon Equity Research Analyst Victor Sula, PhD. The full report is available at http://www.BeaconEquity.com. Anyone interested in receiving alerts regarding U.S. Mine Makers research should email members@beaconequity.com with "USMM" in the subject line. In the report, the analyst writes, "U.S. Mine Makers (USMM) provides mine remediation services and also extracts residual precious metals from ore stockpiles left behind at abandoned mines using cost-effective, environmentally-friendly technologies. The Company conducts its remediation and mineral processing activities in well-known mining areas of Idaho, Nevada and Canada. USMM has been successful in recovering residual gold, platinum and other precious metals from waste rock at abandoned mines and is currently establishing its own processing and mining facility in Idaho where it has assets and ore stockpiles. The facility will initially process up to 10 tons per day (TPD) of ore concentrate and has the capacity to process 100 TPD on-site."
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