USCS USCorp (CE)

USCorp (OTCBB:USCS) updates its shareholders and the public regarding development of its Picacho Salton properties in Imperial County, California.

Key management and members of the exploration team recently participated in a productive teleconference with representatives of the Imperial County office of the Bureau of Land Management (BLM) responsible for granting approval to drill and to mine USCorp’s Picacho Salton Project.

We believe we are in the final stages of a nearly two-year process that will result in us receiving approval for our drilling program. We expect the permit to be granted soon and drilling to commence shortly thereafter pending adequate financing.

As previously announced, we have chosen Harris Drilling Company (“Harris”) to conduct the planned 15,000-foot drilling program at the Picacho Salton project.

Harris has worked for many of the top mining and exploration companies in the world and has completed numerous projects in Arizona, Nevada, California, New Mexico, Idaho, Montana, Utah, Wyoming and Oregon, including USCorp’s 2008 Twin Peaks project drilling in Arizona.

About USCorp

USCorp’s two projects: the gold and silver Twin Peaks in Yavapai County, Arizona, and the gold Picacho Salton in Imperial County, California.

About Measurements

Technical Reports and Feasibility Studies on our projects use the internationally recognized Canadian terms "Mineral Resource," "Measured Mineral Resource," "Indicated Mineral Resource" and "Inferred Mineral Resource" that 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 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 USCorp’s filings with the SEC. Actual results may differ materially from any forward-looking statements due to such risks and uncertainties. USCorp undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

USCorp (CE) (USOTC:USCS)
Historical Stock Chart
From Jun 2024 to Jul 2024

USCorp (CE) (USOTC:USCS)
Historical Stock Chart
From Jul 2023 to Jul 2024