Osceola Gold Inc. Inks Strategic Multi-Year Agreement to Expand Mining Operations in Mary Ann Canyon, Nevada
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 Inc. (OTC PINK:OSCI) ha firmato un contratto di consulenza di 5 anni con il proprietario di concessioni minerarie nel Distritto Minerario di Osceola, Nevada. L'accordo prevede la consulenza di Osceola Gold sulle operazioni minerarie nella Mary Ann Canyon, ricevendo un 30% delle entrate generate dalle attività minerarie. I punti salienti includono:
1. Le operazioni inizieranno nel nuovo anno, concentrandosi sulla preparazione del sito e mobilitazione delle attrezzature.
2. Si prevede che l'accordo di condivisione delle entrate migliori le performance finanziarie di Osceola Gold.
3. Osceola Gold schiererà professionisti minerari esperti per ottimizzare l'efficienza nell'estrazione dell'oro.
Il CEO Tracy Pizzoferrato ha dichiarato che questo accordo segna una pietra miliare significativa per l'espansione dell'azienda in Nevada. Osceola Gold prevede di pubblicare un Rapporto Tecnico NI-43-101 recentemente completato e continua la ricerca di un CEO per guidare la crescita a lungo termine.
Osceola Gold Inc. (OTC PINK:OSCI) ha firmado un contrato de consultoría de 5 años con el propietario de reclamos mineros en el Distrito Minero de Osceola, Nevada. El acuerdo implica que Osceola Gold asesore sobre las operaciones mineras en el Cañón Mary Ann, recibiendo un 30% de la división de ingresos generados a partir de actividades mineras. Los aspectos clave incluyen:
1. Las operaciones comenzarán en el nuevo año, centrándose en la preparación del sitio y la movilización de equipos.
2. Se espera que el acuerdo de participación en los ingresos mejore el desempeño financiero de Osceola Gold.
3. Osceola Gold desplegará profesionales mineros experimentados para optimizar la eficiencia en la extracción de oro.
El CEO Tracy Pizzoferrato declaró que este acuerdo marca un hito significativo para la expansión de la empresa en Nevada. Osceola Gold planea publicar un Informe Técnico NI-43-101 recientemente completado y continúa su búsqueda de un CEO para guiar el crecimiento a largo plazo.
Osceola Gold Inc. (OTC PINK:OSCI)는 5년간의 컨설팅 계약을 오시콜라 광산 지역의 광산 청구권 소유자와 체결했습니다. 이 계약에 따라 Osceola Gold는 메리 앤 캐니언에서의 광산 운영에 대한 자문을 제공하며, 광산 활동에서 발생하는 수익의 30% 분배를 받게 됩니다. 주요 내용은 다음과 같습니다:
1. 새로운 해에 운영이 시작되며, 현장 준비 및 장비 동원을 중심으로 진행됩니다.
2. 수익 분배 계약은 Osceola Gold의 재무 성과를 향상시킬 것으로 예상됩니다.
3. Osceola Gold는 금 추출 효율성을 최적화하기 위해 경험이 풍부한 광산 전문가를 배치할 것입니다.
CEO Tracy Pizzoferrato는 이 계약이 네바다에서 회사의 확장에 중요한 이정표가 될 것이라고 언급했습니다. Osceola Gold는 최근 완료된 NI-43-101 기술 보고서를 발표할 계획이며, 장기 성장을 이끌 CEO 탐색을 계속하고 있습니다.
Osceola Gold Inc. (OTC PINK:OSCI) a signé un contrat de consultation de 5 ans avec le propriétaire de concessions minières dans le district minier d'Osceola, au Nevada. L'accord prévoit que Osceola Gold consulte sur les opérations minières dans le Mary Ann Canyon, en recevant un partage de 30% des revenus générés par les activités minières. Les points clés incluent :
1. Les opérations devraient commencer dans la nouvelle année, axées sur la préparation du site et la mobilisation de l'équipement.
2. L'accord de partage des revenus devrait améliorer la performance financière d'Osceola Gold.
3. Osceola Gold déploiera des professionnels miniers expérimentés pour optimiser l'efficacité de l'extraction de l'or.
Le PDG Tracy Pizzoferrato a déclaré que cet accord marque une étape importante pour l'expansion de l'entreprise au Nevada. Osceola Gold prévoit de publier un rapport technique NI-43-101 récemment complété et continue sa recherche d'un PDG pour diriger la croissance à long terme.
Die Osceola Gold Inc. (OTC PINK:OSCI) hat einen 5-jährigen Beratungsvertrag mit dem Eigentümer von Bergbauansprüchen im Osceola-Bergbaubezirk in Nevada unterzeichnet. Der Vertrag umfasst Beratungsleistungen von Osceola Gold zu den Bergbauaktivitäten im Mary Ann Canyon, wobei eine 30%ige Umsatzbeteiligung an den von den Bergbauaktivitäten erzielten Einnahmen vereinbart wurde. Zu den wichtigsten Punkten gehören:
1. Die Aktivitäten sollen im neuen Jahr beginnen und sich auf die Standortvorbereitung und den Mobilisierung von Geräten konzentrieren.
2. Es wird erwartet, dass der Umsatzbeteiligungsvertrag die finanzielle Leistung von Osceola Gold verbessert.
3. Osceola Gold wird erfahrene Bergbauprofis einsetzen, um die Effizienz der Goldgewinnung zu optimieren.
CEO Tracy Pizzoferrato erklärte, dass dieser Vertrag einen bedeutenden Meilenstein für die Expansion des Unternehmens in Nevada darstellt. Osceola Gold plant, einen kürzlich abgeschlossenen NI-43-101-Technikbericht zu veröffentlichen und sucht weiterhin einen CEO, um das langfristige Wachstum zu leiten.
- Secured a 5-year consulting agreement with automatic renewals for additional 5-year increments
- 30% revenue split from mining activities in Mary Ann Canyon
- Expansion of mining operations in Nevada's Osceola Mining District
- Upcoming publication of NI-43-101 Technical Report
- None.
ELY, NV / ACCESSWIRE / October 10, 2024 / Osceola Gold Inc. (OTC PINK:OSCI), a leading gold mining and exploration company, is thrilled to announce the signing of a pivotal 5-year consulting agreement with the owner of mining claims in the Osceola Mining District located in White Pine County, Nevada. This agreement is set to significantly bolster Osceola Gold's revenue stream.
Agreement Details:
Under the terms of the agreement, Osceola Gold Inc. will consult on mining operations on the expansive property, leveraging its expertise and advanced mining experience. In return, Osceola Gold will receive a
Key Highlights:
Executive Commentary:
Tracy Pizzoferrato, CEO of Osceola Gold Inc., commented, "This agreement marks a significant milestone for Osceola Gold as we continue to expand our mining operations in Nevada. The Mary Ann Canyon project represents a substantial opportunity for us to increase our revenue stream. We are excited to bring our expertise to this promising site and look forward to a successful and productive relationship. In the coming months, we will expect to publish the recently completed NI-43-101 Technical Report."
Future Outlook:
Osceola Gold Inc. is committed to furthering its growth through strategic partnerships and innovative mining solutions. The company continues to explore new opportunities to expand its portfolio and enhance shareholder value. We also continue our search for a CEO to lead the long-term growth of Osceola Gold.
About Osceola Gold Inc.:
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.
Contact Information:
Osceola Gold Inc.
Investor Relations
Phone: (740) 632-5313
Email: investor.relations@oscigold.com
Website: www.oscigold.com
Forward-Looking Statements:
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Osceola Gold, Inc.
View the original press release on accesswire.com
FAQ
What is the duration of Osceola Gold Inc.'s (OSCI) new consulting agreement?
What percentage of revenue will Osceola Gold Inc. (OSCI) receive from the Mary Ann Canyon mining operations?
When will Osceola Gold Inc. (OSCI) begin operations at the Mary Ann Canyon site?
What upcoming report is Osceola Gold Inc. (OSCI) planning to publish?
