#USA #Beverly Hills #Buscar Company #Eon Discovery #Treasure Canyon

Completion of NI 43-101 Report for Treasure Canyon Gold Mine

Beverly Hills, California, October 17, 2025 — Buscar Company (OTC: CGLD) is excited to share that its wholly-owned subsidiary, Eon Discovery Inc., has successfully completed an independent National Instrument 43-101 (NI 43-101) Technical Report for the Treasure Canyon Gold Mine located in Plumas County, California. This thorough assessment was conducted by Dr. Abe Beagles of Mother Lode Mining, a qualified expert in the field.

The completed report underscores the mine's significant economic potential, revealing a staggering combined gross in-situ value of approximately $117.16 billion. This valuation is based on certified multi-element assay data that includes valuable minerals such as gold, silver, platinum-group metals, and rare earth elements. As a result, Treasure Canyon is highlighted as a prime mining asset within the northern Sierra Nevada region.

Strategic Insights and Report Highlights

Since partnering with Mother Lode Mining in March 2025, Buscar has leveraged Dr. Beagles’ extensive experience in hydrogeology and mining engineering. The NI 43-101 report details a consistent alluvial channel, averaging 51 feet in depth across the 200-acre site. The calculated in-situ mineralized mass is 24.68 million tons based on a bulk density of 1.5 tons per cubic yard.

• - Proven Reserves are appraised at $1,399.63 per ton, providing a total valuation of $34.55 billion.
• - Probable Reserves stand at $3,346.86 per ton, yielding an astounding $82.61 billion. This value reflects both lower- and higher-grade domains that can be effectively extracted using a low-impact, gravity-based method.

Resource modeling estimates reveal approximately 27.15 million tons graded at 3.15 g/t gold equivalent, potentially containing 88,300 ounces of gold equivalent. Following a recovery rate of 92% through reagent-free gravity concentration, Proven and Probable Reserves total around 81,200 ounces.

The report emphasizes the innovative use of Dr. Beagles' Plasma Extractor System (PES), which specializes in recovering gold from black sands. This advanced system could multiply recovered values by 3 to 15 times the amounts assayed, pending further independent validation.

Initial capital outlay for the project is projected at about $1.25 million, with expected annual operating costs of around $590,000 (approximately $11.85 per cubic yard processed). These metrics suggest a pre-tax operating margin greater than 35%, based on average 2025 metal prices of $2,650 per ounce for gold, implying positive cash flow from the outset.

Commitment to Environmental Stewardship

An emphasis on environmental reclamation is central to the operation. The project integrates mercury remediation and riparian habitat restoration, ensuring compliance with standards set by the Bureau of Land Management (BLM), the California Water Quality Control Board, and the Clean Water Act. This dual-focus not only aids in profitable mineral extraction but also supports watershed rehabilitation, thus promoting positive Environmental, Social, and Governance (ESG) outcomes. Expected benefits include zero-discharge water management, native species revegetation, and the creation of local employment opportunities.

Future Directions

Following the completion of the NI 43-101 report, Buscar Company and Eon Discovery are set to initiate pilot-scale production in early 2026, which will involve on-site testing of the PES. They are strategically preparing for SEC-compliant SK-1300 reporting. The company remains committed to ethical mining practices that bolster local economies and enhance long-term shareholder value through this transformative mining asset.

“We are absolutely thrilled by the findings of the NI 43-101 report, confirming the extraordinary gross in-situ value of $117 billion for Treasure Canyon, which is a key component of our natural resources strategy,” expressed Alexander Dekhtyar, Chairman and CEO of Buscar Company. “Dr. Beagles’ comprehensive evaluation not only showcases robust reserves and cost-effective viability but also reflects our commitment to innovative and eco-friendly development that benefits both stakeholders and the communities we operate in.”

About Buscar Company

Buscar Company (OTC: CGLD) is a diverse holding company focused on natural resources, sustainable technologies, and pharmaceuticals. Headquartered in Beverly Hills, California, the company oversees Eon Discovery Inc., which is engaged in gold mining operations within California's Plumas National Forest, along with other subsidiaries like Terramer Inc., a leader in hemp-based biodegradable bioplastics, and Armorgenix, specializing in detoxification and antiviral solutions. Following a strategic evolution from a 2020 reverse merger with Eon Discovery, Buscar is dedicated to fostering growth and delivering shareholder value through innovation and diversification.


This article is intended for informational purposes only and does not constitute financial advice.