USCorp Junior Gold and Silver Exploration Company Update on Picacho Drillingadmin
USCorp updates its shareholders and the public regarding development of its Picacho Salton properties in Imperial County, California.
Key management and members of the exploration team recently participated in a productive teleconference with representatives of the Imperial County office of the Bureau of Land Management (BLM) responsible for granting approval to drill and to mine USCorp’s Picacho Salton Project.
We believe we are in the final stages of a nearly two-year process that will result in us receiving approval for our drilling program. We expect the permit to be granted soon and drilling to commence shortly thereafter pending adequate financing.
As previously announced, we have chosen Harris Drilling Company (“Harris”) to conduct the planned 15,000-foot drilling program at the Picacho Salton project.
Harris has worked for many of the top mining and exploration companies in the world and has completed numerous projects in Arizona, Nevada, California, New Mexico, Idaho, Montana, Utah, Wyoming and Oregon, including USCorp’s 2008 Twin Peaks project drilling in Arizona.