Gold Mining Company Buscar Provides Update on Plan of Operations
Buscar Company (CGLD) announced progress on its Plan of Operations, submitted to the US Forest Service in July. CEO Alex Dekhtyar expressed optimism regarding operations at Treasure Canyon, where 12 tons of ore are being processed. The company anticipates a ruling from the US Forest Service this month, with operations set to begin in November. Despite some setbacks, Dekhtyar indicated that the project is back on schedule. The company holds rights to a 200-acre mining area in Plumas County, California, with additional details available on their website.
- Progress on the Plan of Operations is encouraging.
- Initial processing of 12 tons of ore may provide valuable future insights.
- Operations expected to ramp up with US Forest Service approval this month.
- Setbacks were acknowledged, although they're reportedly resolved.
DENVER, Oct. 7, 2020 /PRNewswire/ -- Buscar Company (CGLD) provided an update today on the company's Plan of Operations filed with the US Forest Service in July of this year.
CEO Alex Dekhtyar stated, "We are pleased with the progress being made at Treasure Canyon and we look forward to ramping up our operations once the Plan of Operations is approved by the US Forest Service. Thomas and the on-site team are in the process of crushing and processing 12 tons of ore from the mine. The results from this first run should give us a clear indication of what to expect from future mining efforts. "
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. Dekhtyar finished up with, "As Thomas and his team continues to process this initial run, heavy milling and mining equipment is being delivered. The timing is very favorable as it coincides with the data listed on the US Forest Service website. The indication is that a ruling is expected this month, with implementation to begin in November. Despite a few unforeseen setbacks, we now find ourselves back on schedule if not a little further along than we originally expected. As we continue to execute our plan, we just wanted to provide you with an update on the Plan of Operations and thank you for your ongoing support."
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
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SOURCE Buscar Company
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