U.S. Silver Corp.'s Profile

production & exploration Galena Mine - Coeur d'Alene Mining District - 48 million oz

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U.S. Silver Corporation, Wallace Idaho. Toronto, Ontario., TSX.V : USA, owns and operates the Galena Mine in the historic Silver Valley of North Idaho, in the heart of the Coeur d'Alene Mining District

Total silver reserves and resources are more than 48 million ounces.

The Galena Mine and Mill, along with the Coeur Mine and Mill and the Caladay Project were acquired from Coeur d'Alene Mines Corp (NYSE-CDE) on June 1, 2006.

2009 Production: 2.9 million ounces of silver, 6.8 million pounds of lead and 1.6 million pounds of copper.

A total of 11,000 acres of patented and unpatented mining claims, along with surface facilities and equipment were acquired for $15 million.

Update:

Silver production in 2009 to mid-February has totaled 311,139 ounces, compared to 152,726 ounces for the same period of 2008, an increase of 104%.

The mine has also produced 791,657 pounds of lead and 127,985 pounds of copper to mid-February; increases of 113% and 40%, respectively, compared to the same period in 2008. In addition, during this period, the mine averaged 769 tons per day an increase of 32% compared to the comparable period in 2008.

Management has completed a mine plan for 2009 and, based on that plan, forecasts 2009 production will be 2.9 million ounces of silver, 6.8 million pounds of lead and 1.6 million pounds of copper.

The Galena Mine lies in the heart of the Coeur d'Alene Mining District, the most prolific silver district in United States history with over 1.2 billion ounces of silver production.

Throughout the long history of the Company's properties, the mines have produced some 9.9 million tons of ore containing over 200 million ounces of silver, 160 million pounds of copper, and 22 million pounds of lead at an average grade of 21.2 ounces per ton of silver, 0.8% copper and 8.8% lead.

The Galena Mine ranks as the second largest primary silver mine in US history.

Since the initial acquisition, US Silver has added over 7,000 acres of unpatented claims throughout the district, and has also acquired the historic Dayrock Mine and Mill.

The Company now controls over 18,000 acres in an area over 11 miles long by over 4 miles wide. The Coeur d'Alene District assets of the Company now include four operating shafts, two operating flotation mills, one non-operating mill, and extensive surface and underground mining equipment.

The Galena Mine, with a current workforce over 100, is currently producing some 400 tons per day of silver-copper ore, which is being processed in the Galena Mill, with the resulting concentrate being sold to the Xstrata Smelter in Quebec.

The Company plans to increase output of silver-copper ore to the Galena Mill to over 700 tons per day in 2009.

The #3 circuit in the Galena Mill was activated on November 6, 2008 and has been operational since that time. This gives the Galena Mill a capacity of 900 tons per day.

In September of 2007, the Company completed a retrofit of the Coeur Mill to produce a silver-lead concentrate. Presently some 250 tons per day of high grade silver-lead ore is being sent from the Galena Mine via underground haulage to the Coeur Mill for processing. The resulting concentrate is then shipped to British Columbia for sale to the TeckCominco Smelter.

Since taking over the property in 2006, the Company has commenced an agressive underground exploration drilling program to expand reserves and resources and better exploit the tremendous potential of the property.

Some 40,000 feet of underground diamond drilling were completed in the last seven months of 2006, and another 75,000 feet were undertaken in 2007. Results to date have substantially increased the reserves and resources, and yielded several new important discoveries.

Last changed at 27-Feb-2009 04:19AM by Highgrader

Management & Directors

Managemenrt

& Directors

BOBBY E. COOPER
Chairman

Mr. Cooper has 42 years of experience in the mining industry. He is currently retired from active day-to-day management activities in the mining industry. Since February 2005, he has served as Chairman of High Plains Uranium, Inc. (High Plains Uranium, Inc. became a reporting issuer in all jurisdictions in Canada in November 2005). Mr. Cooper worked with Kennecott Corporation (a mining company) from 1987 to 1997 where from June 1993 until March 1997 he held the position of President and Chief Executive Officer. Mr. Cooper has held other executive positions with Thunder Basin Coal Company (a subsidiary of Atlantic Richfield Oil Company), RTZ PLC (now Rio Tinto PLC, a public company), Shell Mining Company (a subsidiary of Shell Oil Company of North America), Inspiration Consolidated (a subsidiary of Hudson Bay Mining Company) and Ridway Mining Company (a subsidiary of Kennecott Corporation). Mr. Cooper has been a member of the board of directors of High Plains Uranium, Inc. since February 2005. Mr. Cooper will dedicate such time as he considers necessary pursuant to any requests by the Resulting Issuer for assistance or advice with respect to the management of the Resulting Issuer.

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TOM PARKER
President and CEO / Director

A mining engineer graduate from South Dakota School of Mines, with a Masters Degree in mineral engineering management from Penn State, Mr. Parker has worked extensively in senior management positions in the mining industry for the past forty years.

Tom Parker was recently President and Chief Executive Officer of Gold Crest Mines Inc., a Spokane based gold exploration company. Prior to Gold Crest, Mr. Parker was the President and Chief Executive Officer of High Plains Uranium, Inc., a junior uranium mining company with over 120,000 acres (48,562 hectares) in claims and lease agreements that was acquired by Energy Metals Corporation in January 2007. Mr. Parker spent 10 years as Executive Vice President of Anderson and Schwab, a New York based management consulting firm. Prior to Anderson and Schwab, he was Chief Executive Officer of Costain Minerals Company, a company with 22 operating coal mines, the Brewer gold mine and Montana Talc. Earlier in his career, Mr. Parker worked 10 years for ARCO where he was President of Beaver Creek Coal Mines, General Manager of Nevada Moly, President of Thunder Basin Coal Company and VP for Engineering, Exploration and Business Development. He was also General Manager of the Jacobs Ranch mine for Kerr McGee Coal Company and served as Project Manager for Conoco for the Imouraren uranium deposit in Niger. He has worked in the potash, limestone and talc industries and has extensive experience in Niger, France and Venezuela.

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JOSEPH RAUHALA
Chief Financial Officer

Joseph has extensive experience as a treasury and financial products specialist, spanning a variety of international banks within North America. Additionally, his recent experience as a CFO of a Canadian financial services company further enhanced his experience with accounting systems, tax and risk management issues and all aspects of financial reporting requirements. Joseph has extensive capital markets experience and has also taught financial risk management seminars. With over 25 years of Canadian and US finance experience, Joseph brings very solid experience to U.S. Silver.

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WADE N. BLACK
Director

Mr. Black is a financial executive with 14 years of diverse financial and capital markets experience. Mr. Black is the Chief Operating Officer and Chief Compliance Officer of Scarsdale Equities LLC, a New York-based institutional broker and investment bank specializing in natural resource equities funding and trading. He is also the President of Blackberry Fund Management, Inc., a private equity firm that invests in Mining projects. Mr. Black's career has spanned from Brimberg & Co., L.P., as Manager of Operations, to Leeb Brokerage Services, Inc., as Chief Financial Officer. Mr. Black graduated cum laude from Columbia University and earned a MBA from the Columbia Business School.

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JOHN S. BROCK
Director

Mr. Brock holds a B.Sc. in geology and geophysics and has over 40 years experience as an executive with 20 public, junior exploration companies. Through companies under his management, he has participated in 12 major mineral deposit discoveries in north and western Canada, Nevada, Mexico, Ecuador, Sumatra, and Mongolia. Mr. Brock has also played a significant role in the equity financing of the public companies under his management. He served 6 years as a governor/Board Member of the Vancouver Stock Exchange and the CDNX Exchange and 2 years on the TSX Venture Exchange Advisory Board. In recognition of his contributions to Canadian mineral exploration and finance he is a recipient of a number of awards. Mr. Brock is currently CEO of Pacific Ridge Exploration (TSX-V:PEX), a Senior Consultant to the Manex Resources Group.

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JAMIE M.MACINTOSH
Director

Mr. Macintosh has extensive experience in the Mining Industry working as a geologist and a Mining Analyst. Mr. Macintosh has also served as an executive and a director of numerous public and private companies in Canada and the United States over the past fifteen years, including serving as the President and Chief Operating Officer of Innovium Capital Corp., a company that invests in innovative opportunities, for the past eight years.

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GORDON E. PRIDHAM
Director

Mr. Pridham is an experienced corporate executive with more than 25 years of experience in investment banking, capital markets and corporate banking. Mr. Pridham is President and CEO of Edgewater Capital Inc and Chairman of Titanium Corporation (TSX-V:TIC). Mr. Pridham has financed and advised companies in public and private markets across a broad range of industry sectors. He has an extensive background in the energy and natural resources sectors, having worked in the Energy and Minerals group of Chemical Bank and National Bank in New York, Calgary, and Toronto. Mr. Pridham also worked in the Investment Banking groups of Merrill Lynch Canada and Midland Walwyn and managed the Investment Banking groups at Deutsche Morgan Grenfell, Research Capital, and Raymond James. Mr. Pridham also serves as a Director of Western Prospector where he is Chairman of the Special Committee and as a Director of Newalta Income Fund, Canada's leading industrial waste management company. He is a graduate of the University of Toronto and the Institute of Corporate Directors Program.

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KEVIN D. STULP
Director

Mr. Stulp has served on the board of directors of Aurora Oil & Gas Corporation since March 1997. Since August 1995, Mr. Stulp has variously worked as consultant with Forte Group, on the board of the Bible League, and is active with various other non-profit organizations. From December 1983 to July 1995, Mr. Stulp held various positions with Compaq Computer Corporation, including industrial engineer, new products planner, manufacturing manager, director of manufacturing and director of worldwide manufacturing reengineering. Mr. Stulp holds a B.S.L.E. from Calvin College, Grand Rapids, Michigan, and a B.S.M.E. in Mechanical Engineering and an M.B.A. from the University of Michigan. Mr. Stulp will dedicate such time as he considers necessary pursuant to any requests by the Resulting Issuer for assistance or advice with respect to the management of the Resulting Issuer.

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DANIEL H. HUSSEY
Manager of Exploration

Mr. Daniel H. Hussey is Manager of Exploration for U.S. Silver. He has over 30 years experience in mining and exploration at mines in Idaho, Washington, Nevada, and Arizona. Prior to joining U.S. Silver he was chief geologist at the Galena mine for Coeur d'Alene Mines. He served in the same capacity for Echo Bay Minerals Co. for 15 years at mines in Nevada and Washington state. He also worked for Hecla Mining Co. in the Coeur d'Alene mining district from 1975 to 1979 at the Star mine and from 1981 to 1983 at the Lucky Friday mine. Mr. Hussey received a B.S. degree in Earth Science from Whitworth College (1980) and a M.Sc. degree in mining geology from Camborne School of Mines, Cornwall, England (1984). He is a Certified Professional Geologist with the American Institute of Professional Geologists, a Registered Professional Geologist in Idaho, and a Licensed Geologist in Washington state.

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BRUCE D. REID
Consultant

Mr. Reid served as CEO and Director of the U.S. Silver until November 2008. He has over 30 years of experience in the mining and mining financing industries. Prior to joining U.S. Silver he was the Vice President of Mining Investment Banking at Research Capital Corporation in Toronto, Ontario and the Executive Director of Patricia Mining Corp. ("Patricia Mining") from 2001-2004. During that tenure, Patricia Mining re-opened the underground Island Gold project near Wawa, Ontario. The Island Gold mine is Ontario's newest gold mine with commercial production expected in early 2007. Mr. Reid continues as a Director of Patricia Mining. Prior to his tenure with Patricia Mining, Mr. Reid was a Mining Analyst at various securities firms based out of Toronto analyzing public mining companies for institutional investors. Mr. Reid also worked as an exploration geologist at numerous projects in Northern Canada immediately after graduating with a B.Sc. in geology from the University of Toronto (1979). Mr. Reid also has a finance degree from the University of Windsor (1982).