For those who despise penny stocks, don't read this...
USCS finds stuff in the ground, up 60% today. One of the seeds I planted a few months ago @.23. Small bets on the micro miners pay off in a bull market. Picked up about 7 of them. 3 of 'em have turned a profit on the whole bunch with GSPG leading the pack @5,000% profit. USCS now green and USPR @50% profit.
Small bets. Low risk. Possible huge gains. They're almost like insurance against the majors because they follow what's discovered in the ground and not the price of gold. How could they not turn a profit at the current price of Gold? Plus the majors are looking for reserves and what's the cheapest way to get more? Buy out city.
USCorp Reports Over 1.68 Million Ounces Gold at Twin Peaks Property, Arizona in
NI 43-101 Report
LAS VEGAS, Apr 17, 2008 (BUSINESS WIRE) -- USCorp (USCS) is pleased to report an
updated NI 43-101 compliant mineral resource estimate for the Twin Peaks Property
located in Yavapai County, Arizona, USA. The new Inferred Mineral Resource
estimate is 28 million tons grading 0.126 ounce per ton (opt) gold for a total of
3,528,000 ounces and 14,000,000 ounces silver grading 0.50 opt.
The updated report shows a Measured and Indicated Resource on the Hayes Deposit
of 1.68 million ounces of gold and 8.33 million ounces of silver. In addition the
Crosby portion of the property contains an estimated 241,000 ounces gold and
1,152,000 ounces silver also in the Measured and Indicated category.
The updated mineral resource estimate for the Twin Peaks Property is presented in
Table 1 for the overall deposit. The Resources shown in Table 1 are substantially
above a cutoff grade of 0.03 ounces/ton. The mineral resource estimate has been
prepared in compliance with Canadian National Instrument 43-101 standards that
are internationally recognized.
Table 1 Mineral Resource Estimates
HayesGoldSilverCrosbyGoldSilver
Resource classTonsoptoptTonsoptopt
----------------------------------------------------------------------
Measured Resource3,000,000 0.1970.595600,000 0.1400.700
----------------------------------------------------------------------
Indicated Resource11,000,000 0.1320.595 1,200,000 0.1320.595
----------------------------------------------------------------------
Measured and Indicated14,000,000 0.1200.595 1,800,000 0.1340.640
----------------------------------------------------------------------
Inferred28,000,000 0.1260.500 3,000,000 0.1320.500
----------------------------------------------------------------------
Robert Dultz, Chairman and CEO, commented, "The updated resource estimate is a
significant milestone for the Twin Peaks property because not only does it
confirm consistent grades, but there is the potential to greatly expand the
resource with additional drilling."
The mineral resource estimate was compiled from the review of thousands of assays
taken on the property since 1941, most of which were performed by independent
registered laboratories. Data was verified to the extent that core splits and
twins were available. Surface geochemical and subsurface sampling was performed
to verify historical assays. The data tends to support the assumption of a large
ore body.
Robert Cameron, Ph.D., Geo, of Geological Support Services, is the Qualified
Person as defined under NI 43-101 responsible for the scientific and technical
work on the program. Dr. Cameron verified drillhole locations, survey data, assay
data and database integrity. The resource estimation and classification
parameters and procedures are outlined in detail in the report found at:
uscorpnv.com
Click for Detail |
