USCorp Expands Gold Holdings.LAS VEGAS -- USCorp (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : USCS USCS United States Code Service USCS United Sprint Car Series (auto racing) USCS United States Customs Service USCS Unified Soil Classification System USCS University of South Carolina Spartanburg USCS Universal Ship Cancellation Society and Berlin UCP (Universal Communication Platform AG, Lugano, Switzerland) A software company that specialized in mobile phone services, founded in 1999 by Christian Lutz and Marwan Saba. Its offerings included SMS voting and mobile marketing tools, photo messaging platforms and custom applications for .BER (1) (Basic Encoding Rules) A set of encoding rules for ASN.1 notation, which is a method for defining data structures. See ASN.1. (2) (Bit Error Rate) The average number of bits transmitted in error. See BERT. 1. , WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) A0BLBB) poised to develop gold property. USCorp Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Robert Dultz discusses the acquisition for immediate development of a total of 3,520 acres of precious metal properties located in the Chocolate Mountain region of Imperial County, Calif.: "Geological testing has successfully recovered 'significant gold and silver grains' from dry washes and feeder rills. Laboratory analysis indicates these findings warrant continued development and studies to determine the source(s) which, according to microscopic analysis of the gold particles, is relatively close due to the 'unworn' and pristine condition of the recovered gold." Dultz continued: "The Chocolate Mountains region, located in southeastern Imperial County of California, includes the Picacho State Park and surrounding areas that has a rich history of gold mining activities dating back to 1775. Numerous discoveries of placer gold throughout Imperial County have remained undeveloped due to a common problem encountered by small miners. Due to the lack of an adequate water supply to support placer gold recovery operations in the region, scores of small and medium-size mining operations have failed to successfully recover precious metals known to exist throughout the region. USCorp believes it has located a potentially adequate water source. We intend to use a state-of-the-art gold recovery system designed and developed by our process engineer for the specific conditions found on these properties." According to the company's geologist, "Mining has been carried out in the Chocolate Mountains of Imperial County using old hard rock mining and placer methods. However, in 1984, new mining methods were used to develop and mine a low-grade ore body discovered along the southern spur of the Chocolate Mountains in an area called Mesquite. The Mesquite ore body is a disseminated gold deposit with a lenticular lenticular /len·tic·u·lar/ (len-tik´u-ler) 1. pertaining to or shaped like a lens. 2. pertaining to the lens of the eye. 3. pertaining to the lenticular nucleus. form, northwest trending and steeply dipping. Hydrothermal waters deposited gold in the highly fractured and porous rock following along a detachment fault system that is common in the area. The lode deposits of gold are identified as pre-Tertiary in age and are directly related to Tertiary plutonic plu·ton·ic adj. Of deep igneous or magmatic origin: plutonic rocks. [From Latin Pl bodies. The ore body and the mining operation I have been describing is called the Mesquite Gold Mine. Portions of USCorp's newly acquired properties are adjacent to the Mesquite Gold Mine and share some of the same geological features. The mineral property controlled by USCorp is within the mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. trend between the Mesquite Mine and the Picacho Mine. The Picacho Mine was formerly operated by Glamis Gold. The Mesquite Mine is now operated by Western Goldfields." 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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