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

Buscar Company Unveils Strategic Evaluation Plan for Treasure Canyon Gold Mine

Buscar Company, a notable player on the OTC markets under the ticker symbol CGLD, has recently announced an in-depth strategic plan aimed at evaluating its Treasure Canyon Gold Mine property. Located in Plumas County, California, this venture is one of the company's significant focuses moving forward.

The Treasure Canyon property spans approximately 200 acres and includes ten mining claims managed under the company’s wholly owned subsidiary, Eon Discovery Inc. The comprehensive evaluation process is set to include a thorough investigation of historical mining records, alongside a detailed assessment of the current infrastructure conditions. The management aims to identify viable pathways for potential future exploration and development activities in the region.

Overview of Planned Activities

The company's preliminary exploration activities may comprise several critical actions, including:

• - Conducting detailed site assessments and baseline studies to gather essential geological and environmental data.
• - Utilizing geophysical surveys to enhance understanding of subsurface geology, which is vital for identifying the presence of mineral resources.
• - Evaluating adjacent and offsetting properties to gain geological context and insights that could inform exploration decisions.

In executing these activities, Buscar Company recognizes several factors to ensure the feasibility and compliance of its plans. They highlight the need for securing adequate funding through methods such as equity financing, joint ventures, or strategic partnerships. Additionally, they must obtain all relevant federal, state, and local regulatory approvals, which includes necessary BLM permits and environmental clearances.

The company also notes that successful field activities are contingent upon favorable weather and ground conditions, with the potential for operations to begin as early as May 2026, depending on environmental factors.

Commitment to Compliance and Stakeholder Engagement

In navigating these complex ventures, Buscar Company emphasizes its commitment to adhering to environmental compliance standards and engaging with stakeholders systematically. Previously, the organization had commissioned an individual believed to possess the qualifications of a Qualified Person (QP) under S-K 1300 to prepare a technical report. However, based on new information about the individual's qualifications, the company has decided to withdraw that report until further verification can be conducted. Currently, Buscar is in the process of securing a new QP who meets all stipulated requirements under S-K 1300 to review and verify previously compiled data and results.

The property has shown promise for potentially hosting Iron Oxide Copper-Gold (IOCG) style mineralization, as historical data indicate the possible presence of gold, copper, and silver among other minerals. Nonetheless, investors are reminded to use caution, as historical estimates and records are not S-K 1300 compliant and should not be viewed as reliable indicators of current resources or reserves.

Future Updates and Forward-Looking Statements

Buscar Company is committed to keeping its investors informed through regular updates regarding the progression of these initiatives, particularly as they pertain to the ongoing audit process and the journey toward a full SEC reporting company status. All disclosures will comply with applicable securities laws and regulations.

In conclusion, this release includes forward-looking statements as recognized under various securities acts. These statements reflect the management's current beliefs and expectations but come with inherent risks and uncertainties that could significantly impact actual outcomes. Key concerns affecting results may include challenges in securing funding, regulatory delays, adverse weather conditions, geological uncertainties, and regulatory changes among others. The company remains vigilant and proactive in addressing these complexities in pursuit of advancing its mining ventures.