Published: July 06, 2009
USCorp Selects Boart Longyear for Phase Three Drilling Project at its Twin Peaks Property in Yavapai County, Ariz.
LAS VEGAS - (BUSINESS WIRE) - USCorp (OTCBB: USCS) today announced that it has selected Boart Longyear
("Boart" ) to carry out the final Phase 3 drilling program at its Twin
Peaks project in Yavapai County, Ariz.
Boart is the world's leading integrated drilling services provider and
products manufacturer for the minerals industry, with a substantial
presence in the environmental and energy industry, and in the
infrastructure and energy industry.
Boart's drilling services division provides contract drilling services
for the extraction of rock, soil and water samples for technical
analysis.
An Australian-based company, Boart's corporate office is in Sydney,
Australia, and its head operations office is in Salt Lake City, Utah.
Boart's five regional offices are in Australia, Canada, The Netherlands,
Peru and South Africa. They also have an office and equipment yard in
Peoria, Ariz., which is a suburb of Phoenix, and a relatively short
distance from USCorp's properties.
"We chose Boart because of their expertise, extensive equipment, and
excellent international reputation in hard-to-reach drilling," said
Robert Dultz, Chairman and CEO of USCorp, who noted that the Phase 3
drilling program for the Twin Peaks Project will require getting
equipment into difficult locations and to depths that were not reached
in Phases 1 and 2 using reverse circulation drilling.
"We have already mapped out our locations and where we will drill; all
approvals are in place so we are looking forward to completing the final
phase of our exploration drilling program on this property," added Dultz.
The selection of Boart complements the company's use of ALS Chemex and
the 129-year-old Jacobs Assay 1880 with offices in Tucson, Ariz., for
the assay results. Jacobs Assay 1880 is recognized by the Bureau of Land
Management.
About USCorp
USCorp has two mineral exploration projects in the United States: the
gold and silver Twin Peaks project located in Yavapai County, Ariz., and
the gold Picacho Salton project located in Imperial County, Calif. For
more information, please see the Company's web site: www.uscorpnv.com.
About Measurements
Technical reports and feasibility studies on our two projects are
available on our website. Information concerning the properties and
operations of USCorp and its subsidiaries has been presented in
accordance with Canadian and internationally recognized standards. The
terms "Mineral Resource," "Measured Mineral Resource," "Indicated
Mineral Resource" and "Inferred Mineral Resource" used in our reports
are Canadian mining terms and they are not defined terms under standards
of the United States Securities and Exchange Commission. Under United
States standards, mineralization may not be classified as a "reserve"
unless the determination has been made that the mineralization could be
economically produced and permitted in order to be legally produced or
extracted at the time the reserve calculation is made. USCorp cautions
readers not to assume that all or any part of measured, indicated or
inferred resources will ever be converted into mineral reserves as
defined by the United States Securities and Exchange Commission.
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 that 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
filings with the U.S. Securities and Exchange Commission. The actual
results that the company achieves may differ materially from any
material forward-looking statements due to such risks and uncertainties.
The company undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
Martin E. Janis & Company, Inc.
Beverly Jedynak, 312-943-1123
bjedynak@janispr.com
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