Precious Metals Mining Leaders in the news - US Precious Metals, Barrick Gold, IAMGOLD, Silver Standard, Harmony Gold

Precious Metals Mining Leaders in the news - US Precious Metals, Barrick Gold,
                    IAMGOLD, Silver Standard, Harmony Gold

PR Newswire

CORAL SPRINGS, Florida, September 19, 2013

CORAL SPRINGS, Florida, September 19, 2013 /PRNewswire/ --

Thursday morning's news updates for active precious metals mining companies as
Gold and Silver continue to trend higher: US Precious Metals, Inc. (OTCQB:
USPR), Barrick Gold Corporation (NYSE: ABX), IAMGOLD Corp. (NYSE: IAG), Silver
Standard Resources Inc. (NASDAQ: SSRI) and Harmony Gold Mining Company Limited

US Precious Metals, Inc. (OTCQB: USPR) Headline: US Precious Metals Inc.
Announces The Successful Completion of Phase 1 Satellite Imaging on 2,134
Acres of Its Mexican Property. in conjunction with its Joint Venture partners
Mesa Acquisition Group LLC/Alba Petroleos De El Salvador Sem De Cv, is
pleased to announce the successful completion of Phase 1 Satellite Imaging
under the Joint Venture agreement. The imaging was carried out by Consorcio
de Tecnologias Avanzadas de Columbia Ltda. and ENCO Petroleum Ltd, Bogota
Columbia. The imaging technology was developed in the Ukraine and employs a
satellite operated by the Russian Space Agency. A high spectrum, UV laser
calibrated to detect exclusively gold mineralization is beamed to the target
site. The technology captures repetitive images detecting responses to the UV
laser on mineralized fields (in this case, gold mineralization). These
responses (or anomalies) are processed and mapped to identify the volumetric
intensity (grade level) and size of the various anomalies..

To read the entire press release, please go

The satellite imaging covered 2,134 acres of the Company's 37,000 acres. The
purpose of the imaging was twofold: (1) to confirm existing geology developed
by Mr. David Burney, USPR's geologist through 2 drilling programs and on-site
mapping and sampling, and (2) to identify further areas of potential interest,
if any. The Company believes that both goals were achieved with this imaging
program. The satellite imaging identified 27 gold anomalies, a number of which
also showed high intensity levels. A total of 217 surface acres were
identified by the 27 anomalies. Mr David Burney, USPR's Geologist stated: "I
am very pleased with the results of Phase l of the satellite imaging and
surprised by the number of anomalies. Many of the mineralized zones we have
previously identified from mapping and drilling were identified by the
satellite imagery as anomalies. The fact that the satellite imagery identified
anomalies in known areas of mineralization creates a level of confidence in
this technology."

FNM Sector Commentary: Gold Indexes continued to show gains of late as
PowerShares Global Gold & Precious Metals (NASDAQ: PSAU) Fund Closed Up on
Wednesday (09/18/2013) at $23.40 or 6.17 increase. The Fund seeks investment
results that correspond generally to the price and yield performance of the
index called the NASDAQ OMX Global Gold and Precious Metals Index. The Fund
will invest at least 90% of its assets in securities that comprise the
Underlying Index and ADRs and GDRs based on the securities in the Index.

Barrick Gold Corporation (ABX) engages in the production and sale of gold and
copper. It is also involved in exploration and mine development activities.
The company holds interests in the producing gold mines, which are
concentrated in North America, South America, and Australia Pacific; producing
copper mines located in Chile and Zambia; and a mine under construction is
located in Saudi Arabia.  ABX closed up at the closing on Wednesday
(09/18/2013) 9.71% on over 32.4Million shares traded.

IAMGOLD Corp. (IAG) engages in the exploration, development, and operation of
mining properties. Its products include gold, silver, niobium, and copper
deposits. The company holds interests in five operating gold mines, and a
niobium mine, as well as exploration and development projects located in
Africa and South America. IAG closed up at the closing on Wednesday
(09/18/2013) 9.68% on over 15.8Million shares traded.

Silver Standard Resources Inc. (SSRI) engages in the acquisition,
exploration, development, and operation of silver-dominant mineral properties
principally in the Americas. It primarily explores for silver, zinc, gold, and
lead deposits. The company's principal project include the Pirquitas Mine, an
open-pit mine comprising 50 semi-contiguous mineral exploration concessions
covering a total area of 3,621 hectares in the Puna de Jujeña region of
northwestern Argentina in the province of Jujuy. SSRI closed up at the
closing on Wednesday (09/18/2013) 11.38% on over 3.9Million shares traded.

Harmony Gold Mining Company Limited (HMY) engages in the exploration,
extraction, processing, and smelting of gold in South Africa and Papua New
Guinea. The company has approximately 10 underground operations; and various
surface operations, including an open cast mine and 9 processing plants, which
are located in goldfields in the Witwatersrand basin of South Africa, as well
as the Kraaipan Greenstone Belt. It also explores for silver, copper, and
molybdenum through its Papua New Guinea projects. HMY closed up at the
closing on Wednesday (09/18/2013) 14.13% on over 8.2Million shares traded.

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