United Resource Holdings Group, Inc. Receives Approval for NDEP Water Pollution Control Permit & Retains Ingenium Accounting ...

United Resource Holdings Group, Inc. (“URHG”) announced today that: (i) the Nevada Division of Environmental Protection (“NDEP”), Bureau of Water Pollution Control, has notified URHG in writing that the public comment period has ended and an NDEP Water Pollution Control Permit for URHG’s Dun Glen Placer Mine is scheduled to be issued; and (ii) URHG has retained Ingenium Accounting Associates (“Ingenium”) as its accountant.

The NDEP, Bureau of Water Pollution Control, has given written notice to URHG that the 45-day public comment period has passed for a Water Pollution Control Permit for URHG’s Dun Glen Placer Mine, and the permit is scheduled to be issued on or about November 2, 2012. Mark Kersey, URHG’s President, stated, “This permit grants URHG the final regulatory authority necessary to commence placer mining operations. We look forward to completing construction on the Dun Glen Placer Mine plant and beginning mining operations, starting with the target areas identified in the Geological Evaluation Report completed by a professional geologist on behalf of URHG on January 11, 2011.”

URHG has retained Ingenium as its accounting firm for financial reporting, audit preparation, and other financial and accounting services. Ingenium is registered with the Public Company Accounting Oversight Board (“PCAOB”) and the Canadian Public Accountability Board and has the financial and non-financial reporting experience and expertise necessary to meet all Securities and Exchange Commission compliance, reporting, and internal controls requirements. “Ingenium will be pivotal in the preparation of URHG’s public reports and assisting in the preparation of audited financials currently in progress by URHG’s PCAOB-registered audit firm, Mark Bailey & Co., LTD.”

About United Resource Holdings Group, Inc.:

United Resource Holdings Group, Inc. is a U.S.-based natural resource exploration and development company, focused on the acquisition of mining equipment and the development of gold and other precious commodity projects that demonstrate a reasonable probability for near term production. In addition, the company holds a controlling interest in a beneficiation process plant that recovers precious metals from mineral ores and ore concentrates on behalf of its captive mining properties and on behalf of third party mining companies. The company is quoted on the OTCPK under the symbol “URHG.”

Notice Regarding Forward-Looking Statements:

This news release may contain "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, the accomplishment of any of our plans listed for 2012 such as any acquisitions, geophysics, production, construction projects, drilling programs or results from such programs, and the timelines within which such items may be accomplished, as referred to in this news release.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration, development, and production. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and that which is made publicly available by us from time to time.

United Resources (CE) (USOTC:URHG)
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