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USCorp Gold and Silver Junior Exploration Mining Company Update

Business Wire
posted: 30 DAYS 12 HOURS AGO
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USCorp (OTCBB:USCS), updates shareholders and other interested individuals regarding its progress.
Management is pursuing ongoing negotiations with a number of individuals representing various mining companies and has uploaded proprietary technical data to a secure website for viewing by industry professionals as discussed in our October 22, 2009 press release.
USCorp is ready to joint-venture, merge, acquire or be acquired, or use some other model in order to develop USCorp’s properties.
Estimates of gold and silver at Twin Peaks in Arizona, USA and Picacho Salton in California, USA will be updated when we finish Phase 3 drilling, collecting, analyzing and integrating that data. Then we expect to have a clear idea of the gold and silver ore body structures.
The drilling program planned for California is ready to go forward pending final permitting and adequate financing.
About USCorp
USCorp has two mineral exploration projects in the United States: the gold and silver Twin Peaks project located in Yavapai County, Arizona, and the gold Picacho Salton project located in Imperial County, California.
About Measurements
Technical Reports and Feasibility Studies on our projects are presented in accordance with Canadian and internationally recognized standards. The terms "Mineral Resource", "Measured Mineral Resource", "Indicated Mineral Resource" and "Inferred Mineral Resource" are Canadian mining terms and are not defined terms under standards of the United States Securities and Exchange Commission (SEC). Under SEC standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically produced and permitted in order to be legally produced or extracted at the time the reserve calculation is made. USCorp cautions readers not to assume that all or any part of Measured, Indicated or Inferred Resources will ever be converted into Mineral Reserves as defined by the SEC.
Forward Looking Statements
Statements contained in this release that are not historical facts are forward-looking and involve risks and uncertainties. See “Risk Factors” in the company’s filings with the U.S. Securities and Exchange Commission. The actual results that the company achieves may differ materially from any material forward-looking statements due to such risks and uncertainties. The company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Copyright Business Wire 2009
2009-10-26 08:30:00
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