Osceola Gold, Inc Announces Submission of Financial Reports and Upcoming Resumption of Mining Operations
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) ha annunciato il completamento dei suoi rapporti finanziari fino al terzo trimestre del 2024 e prevede di riprendere le operazioni minerarie nel primo trimestre del 2025. L'azienda ha presentato rapporti aggiornati, incluso una Lettera dell'Avvocato relativa alle Informazioni Correnti, disponibile su OTC Markets, e si impegna a presentare entro i termini previsti il suo rapporto annuale, previsto per il 31 marzo 2025.
L'azienda ha ottenuto un contratto pluriennale per le operazioni minerarie nel Mary Ann Canyon. Basandosi su un Rapporto Tecnico NI43101 recentemente completato, OSCI punta a una produzione iniziale di 5-10 once d'oro al giorno durante la fase di aumento della produzione. Il CEO ad interim Tracy Pizzoferrato ha espresso ottimismo riguardo alle prospettive finanziarie, citando i prezzi dell'oro vicini ai massimi storici. Si dice che il team M&A dell'azienda sia nella fase finale di due diligence per ulteriori due proprietà.
Osceola Gold Inc (OTC PINK:OSCI) ha anunciado la finalización de sus informes financieros hasta el tercer trimestre de 2024 y planea reanudar las operaciones mineras en el primer trimestre de 2025. La empresa ha presentado informes actualizados, incluyendo una Carta de Abogado con Respecto a Información Actual, disponible en OTC Markets, y se compromete a presentar su informe anual, que vence el 31 de marzo de 2025, a tiempo.
La empresa ha asegurado un acuerdo por varios años para operaciones mineras en Mary Ann Canyon. Basándose en un Informe Técnico NI43101 completado recientemente, OSCI apunta a una producción inicial de 5-10 onzas de oro por día durante el aumento a la producción completa. La CEO interina Tracy Pizzoferrato expresó optimismo sobre las perspectivas financieras, citando precios del oro cercanos a los máximos históricos. Se dice que el equipo de M&A de la empresa está en las etapas finales de diligencia debida para dos propiedades adicionales.
Osceola Gold Inc (OTC PINK:OSCI)는 2024년 3분기까지의 재무 보고서 작성을 완료했으며 2025년 1분기에 채굴 작업을 재개할 계획이라고 발표했습니다. 이 회사는 OTC 시장에서 제공되는 현재 정보에 대한 변호사 서한을 포함한 업데이트된 보고서를 제출하였으며, 2025년 3월 31일까지 제출해야 하는 연례 보고서를 제때 제출할 것을 약속했습니다.
회사는 메리 앤 캐년에서 채굴 작업을 위한 다년 계약을 체결했습니다. 최근에 완료된 NI43101 기술 보고서를 기반으로 OSCI는 완전 생산 단계로의 전환 중에 하루 5-10온스의 금 초기 생산 목표를 설정하였습니다. 임시 CEO인 트레이시 피쪼페라토는 사상 최고가에 가까운 금 가격을 언급하며 재무 전망에 대해 낙관적인 입장을 표명했습니다. 회사의 M&A 팀은 추가 2개 자산에 대한 최종 실사를 진행 중인 것으로 전해지고 있습니다.
Osceola Gold Inc (OTC PINK:OSCI) a annoncé l'achèvement de ses rapports financiers jusqu'au troisième trimestre 2024 et prévoit de reprendre ses opérations minières au premier trimestre 2025. La société a déposé des rapports mis à jour, y compris une lettre d'avocat concernant les informations actuelles, disponible sur OTC Markets, et s'engage à déposer son rapport annuel, dû le 31 mars 2025, dans les délais.
La société a sécurisé un accord pluriannuel pour ses opérations minières dans le Mary Ann Canyon. Sur la base d'un rapport technique NI43101 récemment complété, OSCI vise une production initiale de 5-10 onces d'or par jour pendant la montée en puissance vers la production complète. Le CEO par intérim, Tracy Pizzoferrato, a exprimé son optimisme concernant les perspectives financières, citant des prix de l'or proches des records historiques. L'équipe M&A de la société serait en phase finale de diligence raisonnable pour deux propriétés supplémentaires.
Osceola Gold Inc (OTC PINK:OSCI) hat den Abschluss seiner Finanzberichte bis zum dritten Quartal 2024 bekannt gegeben und plant, die Bergbauaktivitäten im ersten Quartal 2025 wieder aufzunehmen. Das Unternehmen hat aktualisierte Berichte eingereicht, einschließlich eines Anwaltsbriefes über aktuelle Informationen, der auf OTC Markets verfügbar ist, und verpflichtet sich zur fristgerechten Einreichung seines Jahresberichts, der am 31. März 2025 fällig ist.
Das Unternehmen hat einen mehrjährigen Vertrag für Bergbauaktivitäten im Mary Ann Canyon abgeschlossen. Basierend auf einem kürzlich abgeschlossenen NI43101-Technikbericht zielt OSCI während der Hochlaufphase auf eine anfängliche Produktion von 5-10 Unzen Gold pro Tag ab. Der kommissarische CEO Tracy Pizzoferrato äußerte sich optimistisch über die finanziellen Aussichten und nannte die fast historischen Höchstpreise für Gold. Das M&A-Team des Unternehmens befindet sich Berichten zufolge in der abschließenden Due-Diligence-Phase für zwei zusätzliche Liegenschaften.
- Completed and updated financial reports through Q3 2024, demonstrating regulatory compliance
- Secured multi-year mining agreement for Mary Ann Canyon operations
- Projected production of 5-10 ounces of gold per day during initial ramp-up
- M&A team in final due diligence stages for two additional properties
- Mining operations currently suspended, pending weather conditions
- Production yet to begin, with uncertain timeline dependent on weather
ELY, NV / ACCESS Newswire / January 17, 2025 / Osceola Gold, Inc. (OTC PINK:OSCI), a junior gold mining, exploration and consulting company, is pleased to announce that it has completed and updated its financial reports through the third quarter ended September 30, 2024. These reports along with an updated Attorney Letter with Respect to Current Information can be found at www.otcmarkets.com/OSCI under Disclosures. In addition, the company has taken steps to ensure the timely filing of its year-end annual report due on March 31, 2025. This demonstrates Osceola Gold's continued commitment to high level corporate communications, transparency and regulatory compliance.
Osceola Gold is also excited to announce that mining operations are expected to resume in Q1 of 2025 as soon as the weather permits. As previously announced, the company has signed a multi-year agreement with the owner of the mining claims in Mary Ann Canyon. Based on the history at the mine and the recently completed NI43101 Technical Report, the Company has identified and targeted veins that it estimates will initially yield approximately 5-10 ounces of gold per day as it ramps up to full production.
"We are looking forward to resuming operations at the mine. As the price of Gold continues to trade near all-time highs, we are optimistic about the financial outlook for the coming year," said Tracy Pizzoferrato, interim CEO. "We are committed to delivering value to our shareholders. Osceola Gold remains focused on strategic growth and operational excellence. In accordance with our mission statement, the Company's Merger and Acquisition team is currently in the final stages of its due diligence on two additional properties which we expect to be able to discuss in upcoming press releases.
For more information, please contact:
Osceola Gold Inc.
Investor Relations
Phone: (740) 632-5313
Email: investor.relations@oscigold.com
Website: www.oscigold.com
About Osceola Gold About Osceola Gold (OSCI): Osceola Gold Inc. (OTC: OSCI) is a publicly traded gold mining and exploration company headquartered in Ely, Nevada. The company is dedicated to the discovery, extraction, and processing of gold resources, employing best-in-class practices and technologies. Osceola Gold is committed to delivering exceptional value to its shareholders while upholding high standards of environmental and social responsibility.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as "believes," "expects," "anticipates," "intends," "outlook," "plans," "seeks," "estimates," "will," "may," "should," "could," "forecasts," and other similar expressions, including the negatives of these words. These forward-looking statements are subject to risks and uncertainties, including but not limited to those described in Osceola Gold's filings with the Securities and Exchange Commission.
SOURCE: Osceola Gold, Inc.
View the original press release on ACCESS Newswire
FAQ
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