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Post# of 4972433
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Wednesday, 10/25/2006 10:58:10 AM

Wednesday, October 25, 2006 10:58:10 AM

Post# of 4972433
USCS .14 up .064 ... On news of potential $7.4B worth of GOLD.
This trades as a filing .OBer with a low float. So here's the news ....

USCorp Announces Results of Picacho Gold Property Geological Report

LAS VEGAS, Oct 25, 2006 (BUSINESS WIRE) -- USCorp (OTCBB:USCS) (Berlin:UCP.BER) is pleased to announce results from testing at the Picacho Gold Property. This USCorp property is located in the Salton trough area of Southern California, between the Chocolate Mountains and the Cargo Muchachos mountain range. The firm of Geological Support Services was retained to complete a Geological report on the Picacho Gold Property for USCorp. This report which has been recently completed, was headed by Dr. Robert Cameron, Ph.D.
Some of the findings in this report indicate that, Gold bearing alluviums on the property vary between 100' to 400' in thickness. Calculating for 100' thickness, Geological Support Services has given a reserve estimate of at least 423,338,666 TONS. Sampling of the property has indicated an average ore grade of .035 oz/ton, with higher numbers in selected hot spots. The gold in this deposit is "free" or not entrained in rock. Gravity separation should recover at least 85% of the heavy values.

This report stated that, if the Picacho gold Property were mined to a depth of 100' and using an 85% recovery rate, there is potentially 12,594,325 ounces of GOLD with a value of $7,556,595,200 when pricing gold at $600 per ounce.

Mr. Robert Dultz, Chairman and CEO of USCorp comments, "The findings of the Geological Support Services report that include these indications are both very gratifying and a strong endorsement for USCorp to grow and expand. We expect to move forward on the Picacho Gold Property in an expedient manner. USCorp is very confident that the Picacho gold Property has significant value and should be developed fully."

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.

ON BEHALF OF THE BOARD OF DIRECTORS

Robert Dultz, Chairman and CEO

SOURCE: USCorp


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