Welcome to our dedicated page for Osceola Gold news (Ticker: OSCI), a resource for investors and traders seeking the latest updates and insights on Osceola Gold stock.
Osceola Gold (OSCI) delivers timely updates on gold mining operations, exploration progress, and strategic consulting initiatives through this centralized news hub. Investors and industry professionals will find essential announcements including quarterly results, resource estimates, and operational developments from this Nevada-based junior mining enterprise.
Access authoritative reporting on OSCI's dual business model combining physical gold extraction with advisory services for mining operations. Track critical updates ranging from lease negotiations to environmental compliance initiatives, all vital for assessing the company's position in competitive precious metals markets.
This resource aggregates official press releases covering:
• Exploration discoveries and resource validation reports
• Strategic consulting partnerships with mining operators
• Operational efficiency initiatives across extraction processes
• Leadership updates and corporate governance developments
Bookmark this page for direct access to unfiltered OSCI communications, enabling informed analysis of the company's evolving role in gold production and mining sector advisory services. Check regularly for new filings reflecting operational milestones in Nevada's active mining regions.
Osceola Gold Inc (OTC PINK:OSCI) has announced the completion of its financial reports through Q3 2024 and plans to resume mining operations in Q1 2025. The company has filed updated reports including an Attorney Letter with Respect to Current Information, available on OTC Markets, and commits to timely filing its annual report due March 31, 2025.
The company has secured a multi-year agreement for mining operations in Mary Ann Canyon. Based on a recently completed NI43101 Technical Report, OSCI targets initial production of 5-10 ounces of gold per day during ramp-up to full production. Interim CEO Tracy Pizzoferrato expressed optimism about the financial outlook, citing near all-time high gold prices. The company's M&A team is reportedly in final due diligence stages for two additional properties.
Osceola Gold Inc. (OTC PINK:OSCI) has signed a 5-year consulting agreement with the owner of mining claims in the Osceola Mining District, Nevada. The agreement involves Osceola Gold consulting on mining operations in Mary Ann Canyon, receiving a 30% split of revenue generated from mining activities. Key highlights include:
1. Operations set to begin in the new year, focusing on site preparation and equipment mobilization.
2. The revenue-sharing agreement is expected to enhance Osceola Gold's financial performance.
3. Osceola Gold will deploy experienced mining professionals to optimize gold extraction efficiency.
CEO Tracy Pizzoferrato stated that this agreement marks a significant milestone for the company's expansion in Nevada. Osceola Gold plans to publish a recently completed NI-43-101 Technical Report and continues its search for a CEO to lead long-term growth.
Osceola Gold is exploring a new potential acquisition and undergoing pivotal corporate changes due to a change in ownership of the Osceola Gold mine. The company is in talks regarding the upcoming acquisition, restructuring its framework, and capitalizing on the surge in gold prices to develop a new consulting business model. However, a roadblock emerged as the new owners did not accept the lease agreement.
Osceola Gold (OTC PINK:OSCI) has announced that it has achieved full operational status in its mining projects. The company has completed on-site preparations and initial testing at the Mav G and Solomon #6 sites, which have started production. New equipment, including a Volvo A25E Haul Truck and Caterpillar 966F Loader, is being delivered to enhance production capabilities. The projected production schedule aims to yield 150 tons of material per hour, with expectations of 2.41 ounces of gold per hour based on current operations. Shareholders can expect video updates of the operations.
Osceola Gold is transitioning into the next phase of operations starting May 2, 2022, following the near completion of the first phase. The management team will be on-site on May 4 to finalize logistics, including geologist walk-throughs and equipment maintenance. Despite environmental challenges causing delays in April, production targets remain on schedule, with results expected in June projecting over a gram per ton. The company focuses on gold mining in Nevada's prolific Osceola Mining District.
