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Gold Mining Company Buscar Begins Crushing Ore at Treasure Canyon Mining Site

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Buscar Company (CGLD) is set to begin crushing ore at its Treasure Canyon Mining site in Plumas County, California, this week. President Thomas Heathman announced that despite previous wildfire disruptions, operations are back on track. The current equipment on-site will allow for initial ore processing, with additional machinery expected soon. This milestone represents a significant step towards production, providing insights into future mining efforts. The company expressed gratitude for the support received during this transition and plans to document the process through updates on its website.

Positive
  • Initiation of ore crushing signifies a move towards production status.
  • Current equipment allows for efficient processing of twelve tons of ore.
  • Positive outlook on future mining efforts at Treasure Canyon.
Negative
  • None.

DENVER, Sept. 29, 2020 /PRNewswire/ -- Buscar Company (CGLD) announced today that the Company will begin crushing ore this week as mining and milling equipment continues to arrive on site.

President Thomas Heathman stated, "Things have settled down considerably from the wildfire activity in Plumas County and our team is excited to announce that we will begin crushing ore this week. The equipment we already have on site will allow us to begin crushing ore this week as we anticipate all of the additional mining and milling equipment arriving in the coming weeks."

Buscar Company is a mining operation that holds the rights to the Treasure Canyon Mining claims located in Plumas County, California. More information on the 200 acre property, maps, drawings, assays and an appraisal of the mineral reserves can all be found at the company website, https://BuscarCompany.com

Mr. Heathman finished up with, "We can't tell you enough how excited we are as a team to finally reach production status even if on a small scale. This twelve tons of ore that are ready to be crushed should give us a realistic glimpse into the future of our mining efforts at Treasure Canyon. This initial run will go through smelting and will be sent to the refinery and from there, we look forward to reporting the results to you. We will also take pictures and videos over the coming weeks documenting our activity and will upload to our website as soon as we can. We can't thank you enough for the months of support that it took to get us to this point and we look forward to speaking with you again soon."

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.  https://www.buscarcompany.com/forward-looking-statements

Please refer to our Forum at https://www.buscarcompany.com/forum  and the Company's Twitter page https://twitter.com/BuscarCompany  for additional information and updates.

Contact:
+1-(661)-418-7842 
info@buscarcompany.com

 

Cision View original content:http://www.prnewswire.com/news-releases/gold-mining-company-buscar-begins-crushing-ore-at-treasure-canyon-mining-site-301139532.html

SOURCE Buscar Company

FAQ

When did Buscar Company announce the start of ore crushing?

Buscar Company announced the start of ore crushing on September 29, 2020.

What is the significance of the twelve tons of ore being crushed by Buscar Company?

The twelve tons of ore represent an initial run that will provide insights into future mining operations at Treasure Canyon.

Where is the Treasure Canyon Mining site located?

The Treasure Canyon Mining site is located in Plumas County, California.

What are the future plans for Buscar Company after beginning ore crushing?

Buscar Company plans to process the crushed ore through smelting and send it to a refinery, with results to be reported later.

What updates can shareholders expect from Buscar Company regarding ore processing?

Shareholders can expect updates, including pictures and videos documenting the mining activities, to be posted on the company's website.

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