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USCorp Announces Drilling On Twin Peaks Project to Commence in November

10/06/2011 | Press Release

LAS VEGAS -- USCorp (OTCMarkets: USCS) today announced that drilling on the Twin Peaks Project in Arizona will commence next month. Boart Longyear has been retained to conduct the recently approved drilling program.

This diamond bit core drilling program will complete the final phase of our three phase drilling program that was interrupted in 2008. It will also drill the areas that have been recently identified from assay results taken from surface grab samples that we disclosed in our July 11, 2011 press release. The additional drill locations were chosen after careful review of the site by Pincock, Allen & Holt (PAH) and our exploration team. In a report summarized in our August 23, 2011 press release, PAH’s Chief Geologist stated: “…the Twin Peaks Property has definite upside potential, that a potential five million tons or more of resources reside in three lengthy quartz vein structures, including two discovered during PAH’s site visit and that other gold and silver mineralization also occurs at fault intersections and in known historical workings on the property.” Two additional lengthy quartz vein structures were discovered after this report was written.

Robert Dultz, Chairman and CEO of USCorp said: “We are very optimistic that this drilling program will confirm the expectations we have for this property because of the recent discovery of additional quartz dikes several miles long with widths of 30, 60, and 90 feet in spots, and depths of at least 400 feet based on exposed sections. Until the drilling exploration is completed, we will not know the full extent of the width and depth of these five gold and silver bearing quartz structures. We expect to get the results early in 2012, possibly sooner.”

Boart Longyear is the leading provider of mineral exploration drilling services and drilling products in the world. The Company is the only integrated drilling services and products provider, combining engineering excellence, global manufacturing facilities and the most experienced drilling services group in the business. With over 120 years of global mineral exploration expertise and the most innovative products in the market, Boart Longyear ultimately delivers unmatched reliability, productivity and safety to the worksite.

From 1979 through 2011 several modern exploration programs have been conducted on the Twin Peaks claims, each one confirming and extending the knowledge gained in prior exploration work.

On March 22, 2011 USCorp through its wholly owned subsidiary USMetals, Inc. entered into an Asset Funding/Operation and Shareholders Agreement, and exhibits thereto (the “Agreement”) with Arizona Gold Corp., a private British Columbia Corporation (“AGC”) and its wholly owned subsidiary, AGC Corp (“AGCAZ”), a private Arizona company, providing for the sale of USMetals’ 172 Arizona mining claims to AGCAZ in exchange for 90,200,000 shares or over 50.1% of AGC’s common stock. The Twin Peaks Project now consists of 268 Lode and 8 Placer Claims on approximately 5,520 acres in Yavapai County, Arizona. USCorp owns the gold Picacho Salton project located in Imperial County, California.

More information about USCorp can be found at the company’s website: or


“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 events.


Robert Dultz, Chairman and CEO
Martin E. Janis & Company, Inc.
Beverly Jedynak, President

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