Message #7 From:
NewsBot Date: November 17, 2005 03:30:00 AM
USCS News USCorp Announces Approval of Drilling and Test Program for Gold and Silver on Kingman Area Tailings
LAS VEGAS--(BUSINESS WIRE)--Nov. 17, 2005--USCorp (OTCBB: USCS) (Berlin UCP.BER) (WKN A0BLBB) is pleased to announce that USCorp has received written notice of approval of a Notice Of Intent To Conduct Exploration Activities On Public Lands that was submitted to the Department of the Interior, Bureau of Land Management, by our consulting exploration geologist, Robert A. Cameron, Ph.D.
Drilling is scheduled to commence and be completed within the next 30 days subject to the drilling crew's schedule.
A total of 15-18 drill holes are planned. The company will take reasonable steps to minimize disturbance on the property and to protect the environment.
"We expect to announce the test results of the drilling program within 30 days of completing the drilling program." stated Robert Dultz, USCorp's chairman and CEO. "The results of this drilling and test program will give us the information we need in order to formulate a comprehensive plan to determine the value and economics of the Tailings. Previous assays and reports, some as old as 1880, have indicated mineralization. Past reports and gossip have contained a broad range of estimates on the amount of gold and silver in the Tailings. This drilling program will definitively determine the amount and valuation of minerals in the Tailings and the best process and recovery method."
Please visit our Web site for additional information about USCorp and our other properties: www.uscorpnv.com.
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 which 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 Forms 10-KSB, Forms 10-QSB, 8-K and other filings with the U.S. Securities and Exchange Commission. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
