USCorp Adds 21 Claims to Twin Peaks Gold and Silver Project in Arizona
July 02 2009 - 8:00AM
Business Wire
USCorp (OTCBB:USCS) today announced the addition of 13 lode
claims and 8 placer claims to its Twin Peaks Project property in
Yavapai County, Arizona, U.S.A.
The filing of these 21 additional claims brings the total number
of claims USCorp has at the property to 172 claims covering 3,440
acres, or 5.375 square miles (about 14 square kilometers).
The 13 lode claims, filed in Section 10 of Township 13 north;
range 8 west, were filed to consolidate the land position the
company has as well as to cover road access into the property.
The 8 placer claims filed in sections 15 and 22, are on the
Santa Maria River and were filed to strengthen the land position as
well as to gain access to river water and certain river conditions
that the company believes will be conducive to significant gold
production. USCorp is the only mining company with water rights to
Santa Maria River water.
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. For more information, please see the
Company�s web site: www.uscorpnv.com.
About Measurements
Technical Reports and Feasibility Studies on our two projects
are available on our website. Information concerning the properties
and operations of USCorp and its subsidiaries has been presented in
accordance with Canadian and internationally recognized standards.
The terms "Mineral Resource," "Measured Mineral Resource,"
"Indicated Mineral Resource" and "Inferred Mineral Resource" used
in our reports are Canadian mining terms and they are not defined
terms under standards of the United States Securities and Exchange
Commission. Under United States 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 United States Securities and Exchange Commission.
Forward-Looking Statements
Statements contained in this release that are not historical
facts are forward-looking statements that involve risks and
uncertainties. Among the important factors that could cause actual
results to differ materially from those in the forward-looking
statements include, but are not limited to, those discussed in
�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.
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