USCorp A Gold and Silver Junior Exploration Mining Company Announces Technical Data Uploaded to Secure Website
October 22 2009 - 8:30AM
Business Wire
USCorp (OTCBB:USCS), in order to facilitate ongoing negotiations
with a number of mining companies, has uploaded proprietary
technical data to a secure website operated by Pandesa ShareVault
for viewing by industry professionals. Access to the proprietary
data is by invitation only after signing a confidentiality
agreement and it is password protected. The information
includes:
- Feasibility Studies and
Technical Reports for Twin Peaks in Arizona, USA and Picacho Salton
in California, USA, Historical Assays, Drill Logs and other
documents from the late 1800s through 2009
- Maps and photographs of our
properties
- Corporate Information and SEC
filings
Numerous studies, drilling and assays at Twin Peaks and Picacho
Salton confirmed the presence of gold and silver. Historical
producing mines are located within the claims group in these
historical mining districts.
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.
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