U. S. Precious Metals, Inc. engages in the acquisition, exploration, and development of mineral resource properties. The company focuses on gold, silver, copper, and other base mineral resource properties primarily located in the southern portion of the states of Michoacan and Sonora, Mexico. It owns exploration concessions to the Solidaridad properties covering approximately 38,000 acres located in Michoacan, Mexico. The company was founded in 1998 and is headquartered in Celebration, Florida.

Regarding the company's conditional funding commitment. It states that Castlepines will invest up to 200 million dollars for further exploration and exploitation of resources upon agreeing to an A rated company to be available to process the ore, and produce the Gold, Silver, and Copper.

The Ice Man has bought 250,000 shares.