03:11 PM EST - US Silver Corporation : announced the results for the first quarter ended March 31, 2007. The company reported revenue of about US$4.2 Million and reported an operating loss of US$1.2 Million. Net loss for the period was $1.2 million, equaling a loss per share of US$0.01. As the Company was formed in the 2nd quarter in 2006, there are no comparables to the first quarter. US Silver Corporation
shares V.USA are trading up 7 cents at $1.10.