United Silver Corporation Announces Michael P. Gross as COO
United Silver Corp. (“United Silver Corp.”, the “Company”, or “USC”:
TSX; USC: OTC; USCZF: Frankfurt: UM8) is pleased to announce the
appointment of Michael P. Gross, M.S., P. Geol. to the position of Chief
Operating Officer. His responsibilities will include all USC activities
relating to the planning, development and operation of the Crescent Mine
Project, a silver property located near Kellogg, Idaho between the
historic Sunshine Silver Mine and the Bunker Hill Mine. The Project is a
joint venture owned 80% by USC and 20% by Hale Capital Partners.
“Mr. Gross has served as VP Operations/COO of four gold/silver producers
(10 mines, with aggregate annual production of 473,000 oz/year gold and
9,100,000 oz/year silver). His work experiences in the Silver Valley and
elsewhere, and his achievements as a member of senior management teams
have given him excellent qualifications to lead the USC engineering,
geology and operations teams through the next stage of mine planning and
development to the realization of the great production potential of the
Crescent Mine,” said Graham Clark, CEO and Chairman of United Silver
Corp. “His prior work and achievements as manager of Hecla's Lucky
Friday Mine, as Vice President - Operations at Royal Oak Mines Inc., and
as Senior Vice President and Chief Operating Officer of Atlas
Corporation, demonstrate his success in mine resource analysis,
increasing production while effecting strong cost controls, and
implementing effective grade control measures. We are confident that his
leadership will enable USC to rapidly and efficiently turn the promise
of the Crescent Mine into commercial reality."
Mr. Gross has more than forty years of professional experience in all
aspects of mineral exploration, mine development and planning, financial
modeling and mine operations. He has led efforts to create feasibility
studies, mine plans and financial models used in securing more than $200
million of debt and equity financings for small to mid-cap companies. He
has managed/acquired companies that have seen over $900 million of
increased market capitalization. Mr. Gross has a Bachelor of Science
Degree in Geology from the University of Wisconsin, and holds a Master’s
Degree in Economic Geology from the University of Arizona.
Mr. Gross will take up his position with USC in early February.
ABOUT UNITED SILVER CORP.
USC is a vertically integrated mining company with operations in Idaho,
USA. It has a majority interest in the Crescent Silver Mine project in
Idaho's prolific Silver Belt - directly between two of the world's
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
www.unitedsilvercorp.com
ON BEHALF OF UNITED SILVER CORP.
"Graham Clark"
Chairman and CEO
The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this news
release.
