USCorp Reports Results of Drilling and Clarifies Effect of Unwinding Agreement With Arizona Gold Corp.

USCorp (OTCMarkets: USCS.PK) announces results of drilling and discusses
the effects of unwinding its Agreement with Arizona Gold Corp.

Results of Drilling: Assay results from USCorp′s Twin Peaks
Project in Arizona showed several high gold and silver concentrations
from the Phase 3 drilling program. Originally Arizona Gold Corp. (AGCBC)
planned to drill 13,000 lineal feet to test five significant areas on
the advice of Pincock Allen & Holt′s geologists. These drilling plans
were seriously impacted by Bureau of Land Management (BLM) restrictions
on 'surface disturbance.? Ultimately 27 core holes were drilled,
representing 6,106 lineal feet of cored rock. 2,360 samples were taken
from the cored rock and sent for fire assay. Many surface samples were
also sent to the assay lab for gold and silver for assay.

USCorp is encouraged that high assay values for gold were found on the
surface and at relatively shallow depths of less than 250 feet. Samples
of rock with high gold values have been taken on the surface and near
surface areas. These assays support USCorp′s belief that the Twin Peaks
claims area has significant mineralization near and on the surface.
Other mines, located in the Carlin Trend District in Nevada, are
noteworthy for making the United States a major gold producer in the
world. Some mines did not find gold until excavations reached a depth of
750 to 1,000 feet.

The new drilling program will follow up on the more significant finds
that were discovered by the Phase 3 drilling project. Newer discovery
methods and imaging techniques are now being used. Identified target
sites will be sampled by drilling down 750 to 1,000 feet. New ASTER
satellite photos have been obtained that will enable identification of
geomagnetic and mineral alteration areas. A geophysical crew will then
conduct magnetometer (geomagnetic highs and lows are measured to
determine the specific gravity [i.e., the density] of sub-surface
geology), VLF (very low frequency), and Induced Polarity surveys in the
ASTER targeted areas that will be guides to specific drill targets.
USCorp estimates that the new geological and geophysical surveys,
including geo-mapping will be completed by the end of this year, and
that the follow-up drilling program to depths of 800 to 1,000 feet will
commence, once funding has been obtained; once started it can be
completed within three to four months. Ultimately a 3-D model of the
geological substructures will guide drilling operations to target known
structures or bodies in order to precisely locate and measure the extent
of bodies of mineralization.

Effect of Unwinding: USCorp believes that the full consolidation
in September of Arizona Gold Corp. shareholders into USCorp will
streamline management and yield better results for investors. The
Company filed a report on Form 8-K on September 29, 2012, with the
Securities and Exchange Commission that spells out the details of this
event. The report can be found on the SEC′s website.

USCorp Chairman and CEO, Robert Dultz, said, 'The net effect of the
unwinding Agreement has been as though AGCBC and USCorp had merged.
AGCBC′s management has resigned, and AGCBC is in the process of being
dissolved.

'USCorp, through its wholly owned subsidiary USMetals, Inc.
('USMetals?), has regained 100% ownership and control of its Twin Peaks
Project and Serendipity claims in Yavapai County, Arizona. The mining
claims remain in the name of AGC Corp., an Arizona corporation and
wholly owned subsidiary of USMetals, Inc.

'In addition, all of the assets of AGCBC have been transferred to
USMetals, and all of the shareholders of AGCBC are now shareholders of
USCorp,? Dultz said.

Dultz further explained: 'We realize that for some of our investors the
unwinding may have seemed like an abandonment of the project by AGCBC.
However, the fact is, we have joined together under USCorp with the goal
of seeing this project through to completion.'

USCorp is an exploration stage company with gold and silver projects in
Arizona and California. Information about USCorp can be found at the
company′s website: http://uscorpgold.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: The statements contained in this release which are not
historical facts are forward-looking statements that are subject to
risks and uncertainties that could cause actual results to differ
materially from those set forth in or implied by forward-looking
statements. These risks and uncertainties include the Company′s entry
into new commercial businesses, the risk of obtaining financing,
recruiting and retaining qualified personnel, and other risks described
in the Company′s Securities and Exchange Commission filings. The
forward-looking statements in this press release speak only as of the
date hereof, and the Company disclaims any obligation to provide
updates, revisions or amendments to any forward-looking statement to
reflect changes in the Company′s expectations or future results.

USCorp

Robert Dultz, Chairman and CEO

robert@uscorpgold.com

or

Martin
E. Janis & Company, Inc.

Beverly Jedynak, 312-943-1123

bjedynak@janispr.com