PALM DESERT, Calif., April 17, 2008 (PRIME NEWSWIRE) -- 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.
About Primary Gold, LLC
Primary Gold, LLC (a Nevada Limited Liability Company) of Pahrump, NV, has been in the mining business since 1989 engaged in the processing and refining of precious metals, the source of which is typically high-grade head ores or concentrates. The company has over 2,000 tons of ore and a concentrate available along with a unique processing procedure that provides assays of large amounts of precious metals in the concentrate. The company has developed highly guarded halide chemistry ("eco-friendly") recovery processes of gold, platinum, palladium and rhodium. The principles of Primary Gold, Joseph Lynde and Daryl Freter, have over 40 years of experience in extracting precious metals from ores and purifying them to bullion purity.
About U.S. Mine Makers, Inc.
U.S. Mine Makers, Inc. is a mining and exploration company using 'eco-friendly' technology. Besides its precious metals mining operations, the company also prides itself as an 'eco-friendly' mine restoration company that uses its own modern technology to clean up toxic mine sites. The company motto is, "We Clean the Planet - One Mine Site at a Time." U.S Mine Makers, Inc. has executive offices in Palm Desert, California and maintains a web site at: www.usminemakers.com.
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Uranium City Mining Corporation, and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to expand. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.