In 2002 USCorp acquired USMetals and its lode mining claims called the Twin Peaks Project. The purpose of USMetals is to engage in the business of acquiring and developing mineral properties, exploring for gold, silver, and other non-ferrous metals and minerals within the contiguous United States. It is the further intention of USMetals to develop any commercially-proven reserves at its properties. The Company has recently entered into agreement with Arizona Gold Corp. to finance and complete the exploration and development of the Twin Peaks Project. The Mining Claims of the Twin Peaks Project are located in West-Central Arizona, in the southwestern division of the Eureka Mining District of Yavapai County, Arizona, which includes many significant mines and prospects. The Twin Peaks Project is approximately 42 miles west of Prescott, Arizona, and 4 miles south of Bagdad, Arizona, where one of the largest open pit copper mines in the U.S. is located. The Twin Peaks Project claims are unpatented mining claims meaning the owner has mineral rights but does not own the land.
Since 2002 USCorp has been developing and implementing its plan to bring multiple properties under Company ownership and to create strategic business relationships with other corporations, business professionals and properties in order to transition from an exploration stage company to development and production of its mineral resources.