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Buscar Company (OTC PINK:CGLD) announced the release of a new podcast featuring Thomas Heathman, its President, providing updates on mining operations at Treasure Canyon and other company activities. The podcast is accessible at Buscar Company Podcast. The release includes a notice about forward-looking statements, indicating that actual results may differ from stated expectations and plans. The company assumes no obligation to update these statements.
Buscar Company (OTC Pink:CGLD) has announced a 3 ½ for 1 forward stock split, effective for all shareholders of record as of February 11, 2022. The split means that each existing share will convert into 3.5 new shares, augmenting the total number of shares while maintaining the market cap. This action is intended to enhance liquidity in the trading of the company's shares without altering the overall market value. The company is in the process of filing the necessary documentation with FINRA, with a requirement to do so 10 days before the record date.
Buscar Company (OTC PINK:CGLD) announced the acquisition of 23 new claims covering 440 acres in Plumas National Forest.
Field investigations revealed a granitic outcropping and quartz veins, with US Geological Survey soil samples showing over 200 PPM gold and 700 PPM silver.
The presence of an old mine and abundant traces of placer mining suggest significant historical activity. Initial geophysical measurements indicate multiple mineralization areas, pointing toward potential veins under the claims.
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.
Buscar Company (CGLD) has successfully crushed the first 1,000 pounds of ore at the Treasure Canyon Lode Mine. The company is processing this ore through a series of steps, including crushing, creating a slurry mix, and using gravity concentration methods to extract precious metals without harmful chemicals. They anticipate crushing approximately 200-250 pounds daily until a more efficient milling circuit arrives, capable of processing 1-2 tons per hour. This development marks a significant step in their mining operations in Plumas County, California.
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.
Buscar Company (OTC: CGLD) has received its first mining equipment as of September 22, 2020, with additional components expected soon. Despite minor delays due to local wildfires, the company plans to start crushing and processing approximately 12 tons of ore in the upcoming week. This initial processing aims to generate preliminary revenue projections. The operations are based at the Treasure Canyon Mining claims in Plumas County, California. Company officials express optimism about achieving operational milestones by mid to late October.
Buscar Company (OTC: CGLD) has reported significant milestones and future plans as of September 2, 2020. Key achievements include the acquisition of Gold Mining Operator Eon Discovery, completion of the Current Status as of August 5, and securing necessary funds for business execution. The Authorized Share count was reduced by 50% from 500M to 250M, with a commitment to maintain a float of 3.2M shares and no reverse split for 18 months. Upcoming commitments include initiating mining operations by August 15 and pulling ore for milling at 6-8 tons per day by late September.
Buscar Company (CGLD) has been highlighted in an article by FinancialPress.com, published on August 27, 2020. The piece emphasizes the company's transition from exploration to mining, with revenue generation expected in the coming months. CEO Alex Dekhtyar expressed pride in the team's rapid progress towards operational execution at the Treasure Canyon site, where work commenced on August 15. The article details the team's extensive experience and outlines both short-term and long-term strategies for success in the mining sector.
Buscar Company (CGLD) has shared a video update from their mining site in Plumas County, California, alongside a new podcast on their company website. CEO Alex Dekhtyar highlighted achievements over the past 11 weeks, including completing an acquisition, filing their Plan of Operations, and maintaining a low authorized share count of 3.2 million. The company emphasizes transparency, having issued 11 press releases in 11 weeks and established a direct communication forum. They commit to ongoing video and podcast updates to keep shareholders informed.
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