#United States #Beverly Hills #Buscar Company #Eon Discovery #Mother Lode Mining

Unveiling the Potential of Treasure Canyon Gold Mine

In a groundbreaking development, Buscar Company (CGLD), based in Beverly Hills, California, has announced a strategic partnership with Mother Lode Mining, Ltd., tapping into the immense potential of the Treasure Canyon Gold Mine located in Plumas County, California. This collaboration is backed by a state-of-the-art geological report detailing the mine’s potential, which is estimated to contain around 3.58 million troy ounces of gold equivalent, currently valued at an astonishing $11.99 billion given the gold price of $3,350 per ounce.

Strategic Collaboration

Effective March 31, 2025, this partnership leverages the expertise of Dr. John Beagles, a leading hydrogeology and mining engineering specialist, who will oversee the preparation of vital Phase 1 NI 43-101 and SEC-compliant reports. These comprehensive reports will evaluate multiple valuable resources, including gold, silver, platinum, and other precious metals. Anticipated for release in the third quarter of 2025, these reports will comprise essential components such as site planning, financial projections, and regulatory compliance analyses to ensure transparency in operations.

Dr. Beagles is also pioneering a proprietary Plasma Extractor System (PES) designed to enhance gold recovery rates significantly, suggesting improvements of 3 to 10 times above standard extraction methods pending independent validation. This innovative technology represents a major commitment from Buscar towards modern mining solutions that prioritize efficiency and profitability.

Advanced Geological Insights

The foundational geological report generated by Mars Mines Ltd and penned by seasoned geologist Peter Temby clarifies the extraordinary mineral potential of the Treasure Canyon project, reclassifying its deposits into the highly sought-after Iron Oxide Copper-Gold (IOCG) category. This classification indicates a rich geological profile characterized by the co-occurrence of gold and copper deposits within unique and complex geological structures.

Temby’s report points out the extensive alteration zones and structural controls that imply significant untapped resources. Additionally, it recommends various exploration methodologies, including soil geochemistry, magnetometry, and drilling, to deepen the understanding of the subsurface geology, thereby broadening the project’s exploration narrative and financial potential.

Next Steps in the Exploration

As part of their commitment to this lucrative venture, Buscar and Eon Discovery plan to commence site work in mid-July 2025, a move that aligns with the ongoing preparation for the Phase 1 reports. The exploration will focus not only on resource discovery but also on enhancing sustainable mining practices, creating employment opportunities within the U.S., and adhering to the highest environmental standards in the industry.

Chairman and CEO Alexander Dekhtyar expressed enthusiasm about the partnership, stating, "We are thrilled to partner with Mother Lode Mining and leverage Dr. Beagles' expertise and innovative technology. Treasure Canyon has the potential to become a premier gold mining operation, delivering significant value to our shareholders and the local community."

About Buscar Company

For those unfamiliar, Buscar Company (OTC CGLD) is a diversified entity engaged in natural resources, sustainable technologies, and pharmaceuticals, headquartered in Beverly Hills. Among its subsidiaries is Eon Discovery, which manages gold mining operations in California's Plumas National Forest. Moreover, Buscar has invested in Terramer Inc., a pioneer in hemp-based biodegradable bioplastics, and Armorgenix, a pharmaceutical innovator focusing on detoxification and antiviral products.

The strategic evolution of Buscar, cemented by a 2020 merger with Eon Discovery, illustrates its aim to deliver growth and value through diversification and innovation across various sectors.

Final Thoughts

The collaboration between Buscar Company, Eon Discovery, and Mother Lode Mining not only underscores an exciting new chapter in mining exploration but also highlights the intersection of technology and traditional mining practices. By combining experience with innovative techniques, this partnership is well-positioned to forge ahead into a future marked by sustainable mining and robust economic growth.