#United States #Beverly Hills #Buscar Company #Treasure Canyon #Mining Development

Progress of the Treasure Canyon Gold Mine Project

Beverly Hills, CA — In an important development for the mining sector, Buscar Company (OTC ID: CGLD) has announced that it has made substantial progress in the permitting process for its Treasure Canyon Mine Project situated in Plumas County, California.

According to an update from their permitting consultant, Lumwana LLC, the project has navigated successfully through several critical permitting stages, with ongoing cooperation from various federal and state regulatory bodies. The mine is located approximately 11 miles northeast of Taylorsville, CA, nestled in the picturesque Plumas National Forest.

With the submission of the draft Plan of Operations to the U.S. Forest Service (USFS) in February 2026, the documentation has since been disseminated to pertinent regulatory agencies for their reviews and comments. Continuous dialogues among all participating agencies have been reported to ensure a smooth permitting process.

Key Permitting Achievements

Buscar Company has successfully obtained several permits while still pursuing multiple applications undergoing scrutiny. Notably, the Northern Sierra Air Quality Management District has sanctioned the following:

• - Approval of the Dust Control Plan Application, confirming the majority of requirements have been satisfied.
• - Issuance of a Burn Permit (NSAQMD Permit No. 5186), which is valid from July 15, 2026, to July 15, 2027. However, it can only be utilized on specific Burn Days; additional approvals for a separate project burn permit from CalFire/USFS are also required.

The burn permit will facilitate hazardous pile burning, aiding in the removal of dead timber and wildfire debris—critical for site preparation and safety.

Environmental Considerations

In alignment with environmental regulations, the California Department of Fish and Wildlife has also issued a Lake and Streambed Alteration Agreement (EPIMS No. PLU-13720-R2) for a temporary bridge crossing over Lights Creek, which is now under a 35-day statute-of-limitations for CEQA.

Other ongoing applications include:

• - SMARA Reclamation Plan
• - Mining Waste Characterization
• - Storm Water Pollution Prevention Plan
• - Road Access Plan

Moreover, the Central Valley Regional Water Quality Control Board is reviewing various regulatory documents, including a 401 Water Quality Certification, and the proposed use of recycled mine water for operational purposes.

Future Operations and Regulations

Following the final approval of the Plan of Operations, Buscar plans to expedite the filing of remaining safety-related permits concerning the mine, such as the Magazine Storage Permit and Explosives Permit, which will be processed through multiple regulatory authorities including MSHA and Cal/OSHA.

Unique Advantages of the Treasure Canyon Mine

The mine site benefits from unique environmental conditions that will likely ease development complexities. Historically, the area has experienced numerous wildfires that have markedly diminished forest coverage, thus reducing the need for extensive tree removal during the construction of necessary infrastructure and access roads. The availability of an approved burn permit will further help in clearing hazards and improving the site’s operational readiness.

Collaboration with the U.S. Forest Service

The USFS has been actively involved throughout the permitting phase, maintaining open lines of communication with Buscar Company and its consultants about the Plan of Operations. Updates and revisions to the operational plan have been guided by the feedback received from these interactions.

Company Statements

Aleksandr Dekhtyar, CEO of Buscar Company, expressed optimism regarding the progress made: "The advancements we see in the permitting process are not only encouraging but also demonstrate the professionalism and collaboration of all parties involved. The Treasure Canyon project is advancing robustly, marking yet another significant step as we prepare Buscar Company for sustained growth in the precious metals arena."

Conclusion

The Treasure Canyon Mine, historically rich in mineral resources, is poised for continued development under Buscar Company’s stewardship. The firm is dedicated to regulatory compliance, environmental stewardship, and ensuring efficient operations, all essential as they explore new opportunities for precious metals mining in the U.S.

More about Buscar Company can be found on their website, or by contacting them directly at +1 (833) 539-4777.