USCorp Completes First Step in Phase 4 Exploration at Twin Peaks Project
USCorp (OTCMarkets: USCS) today announced that it has completed the
first step of its fourth phase of exploratory drilling at its Twin Peaks
property in Yavapai County, Arizona. The drilling program is one that
USCorp management believes will give us the results necessary for
permitting the mine for production.
The project includes three principal stages: the completion of a digital
geological map that serves as the basic reference tool and is absolutely
essential for all mineral exploration and mining projects; the
geophysical surveys that reveal subsurface anomalies including quartz
veins, intrusive structures, structural rock density deviations, fault
systems, structural shearing and dense ore bodies as targets; and the
drilling by reverse circulation and core, including drilling at depths
of 750 to 1,000 feet.
'The initial phase of this drilling program, our mapping activity, has
already allowed us to find two different types of rock samples that have
visible gold, and we know the exact locations,? said Robert Dultz,
Chairman and CEO of USCorp. 'I recognize that our efforts at the Twin
Peaks property have been ongoing for quite some time, but we are hopeful
and very optimistic that this program will bring about the results that
we and our shareholders have long anticipated since the program calls
for far deeper drilling than we have previously completed.?
Dultz added that the supervising geologist for this final phase 4
exploration at Twin Peaks is Edwin Arbar, Managing Partner of Quantum
GeoConsultants Group LLC. He is a well-respected geologist with
extensive senior management experience with several divisions of Fluor
Corporation. Holding a bachelor′s degree in BioScience, GeoScience from
Western Colorado State University, he also holds a master's certificate
in Mining Engineering & Development from the University of Concepcion in
Chile. He is a member of the GSA (Geological Society of America); SME
(Society for Mining, Metallurgy & Exploration); TriBeta Honor Society;
American Institute of Mining, Metallurgy & Petroleum; ISMSP
(International Society of Mine Safety Professionals); AIA
(Archaeological Institute of America); GIA (Gemological Institute of
America alumni); and SGG (Sociedad de Geologia y Geofisica) of Chile.
The Phase 4 Exploration Project is expected to continue during the first
half of 2013 and be completed by June 2013. Results should be available
shortly thereafter.
USCorp is an exploration stage company with gold and silver projects in
Arizona and California. Information about USCorp can be found at the
company′s website: http://uscorpgold.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: The statements contained in this release which are not
historical facts are forward-looking statements that are subject to
risks and uncertainties that could cause actual results to differ
materially from those set forth in or implied by forward-looking
statements. These risks and uncertainties include the Company′s entry
into new commercial businesses, the risk of obtaining financing,
recruiting and retaining qualified personnel, and other risks described
in the Company′s Securities and Exchange Commission filings. The
forward-looking statements in this press release speak only as of the
date hereof, and the Company disclaims any obligation to provide
updates, revisions or amendments to any forward-looking statement to
reflect changes in the Company′s expectations or future results.
USCorp
Robert Dultz
Chairman and CEO
robert@uscorpnv.com
or
Martin
E. Janis & Company, Inc.
Beverly Jedynak, 312-943-1123
bjedynak@janispr.com
