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Message #11
From: NewsBot
Date: November 1, 2006 06:00:00 AM

USCS News USCorp Acquires the Picacho Salton Gold Mining Property

LAS VEGAS--(BUSINESS WIRE)--USCorp (OTCBB:USCS) (Berlin:UCP.BER) is pleased to announce the acquisition of the Picacho Salton Mining Property. Situated on 1,280 acres covering 64 mining claims of precious metal properties and located in the Mesquite Mining District of Imperial County, California, some of the Picacho Salton property has common borders to USCorp’s Picacho Gold Property. USCorp now has three major properties that have historically produced Gold and other precious metals. USCorp gold properties now total 7,620 acres.

Picacho Gold Property

- Imperial County, California - 3,520 acres

Picacho Salton Property

- Imperial County, California - 1,280 acres

Twin Peaks Property

- Yavapai County, Arizona     -

2,820 acres

While new property acquisition will always be part of USCorp’s business model, with the completion of the Picacho Salton Property, USCorp’s initial business strategy has reached a level where both mineral productions by USCorp alone or joint venture partnerships with larger mining companies can be initiated on an expedient basis.

Mr. Robert Dultz, Chairman and CEO of USCorp comments, "USCorp has completed significant property acquisitions. All acquired properties have been historical producers. If a full sized 18 hole golf course is 200 acres in size, then USCorp properties are equivalent to 38 golf courses. USCorp management believes that it has acquired significant and valuable properties, each is capable of becoming a world-class mining operation.”

Mr. Dultz continues, “USCorp has reached a level where property development is of critical importance. We expect to move forward on all USCorp properties in an expedient manner. Whether each property is developed individually by USCorp, developed through a joint venture with an established major mining company, or through a combination of both.

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.

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