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Osceola Gold Inc (OSCI) is a prominent player in the mining industry focused on achieving operational excellence and profitability. The company recently secured $2 million in non-dilutive private placement funding, accelerating production and ensuring profitability. With the funding, Osceola Gold has initiated full operations with a dedicated staff of 10 workers operating 10-hour days, projecting a production rate of 100-125 tons per hour. The company's commitment to excellence is evident in its performance metrics, aiming to yield 20-30 ounces of gold per day. Osceola Gold is on track to achieve Pink Current status with OTC markets, showcasing transparency and compliance. The company's strategic partnerships and dedication to efficiency position it as a promising entity in the mining industry.
Osceola Gold has entered a Letter of Intent for $5 million in initial funding from Sajeinidus Agromine S.A., with additional funding expected to follow. This financial support aims to enhance mining operations, targeting a production start in the week of April 4, 2022. Management is also finalizing pre-production details with WST Global to film a goldmine series, anticipated to commence in early April 2022. Osceola Gold operates in the Osceola Mining District, renowned for its prolific gold deposits. Shareholders will receive updates on developments soon.
Osceola Gold (OTC PINK:OSCI) has updated its independent studies, confirming projections of approximately $4 billion in gold reserves. The company has made all reports available for investors, including a significant follow-up report from Geologist Russell Steifel, validating earlier findings. These studies detail the geological movement of gold in the Mary Ann Canyon area, identifying numerous AU targets for future drilling. CEO Thomas More expressed commitment to leveraging these reports to achieve corporate goals and fulfill shareholder expectations.
Osceola Gold has announced a significant update on its gold reserves, estimating them at approximately $4 billion. This projection positions the company to potentially become one of the largest junior mining firms in the U.S. It aims to achieve faster shareholder satisfaction through its new growth trajectory.
Additionally, a partnership with Savona Mining Equipment will allow the company to triple its production capacity, further enhancing its operational efficiency. The press release emphasizes the strategic potential of these developments for stakeholders.
Osceola Gold has signed a Letter of Intent with WST Global Productions Corporation to produce a TV series showcasing its mining operations. This partnership aims to enhance visibility for the company, attracting potential investors and engaging shareholders. Osceola Gold focuses on gold mining in Nevada, particularly in the prolific Osceola Mining district. The management emphasizes dedication to shareholder interests and anticipates further developments in the near future.
Osceola Gold, Inc. (OSCI) has received authorization to upload its financial documents following preliminary stages. The company is also making progress on its corporate website, with an official launch expected soon. Located in the prolific Osceola Mining District, the company has conducted geological tests to identify gold deposits, focusing on rich mining areas. This announcement highlights OSCI's commitment to transparency and shareholder communication as developments unfold.
Osceola Gold, Inc. (OSCI) announced updates regarding the SEC's amendments to the 15c2-11 Rule affecting OTC stocks, which may render certain stocks unavailable for purchase post 8/13/21. The management assured investors of their commitment to meet reporting requirements to prevent negative impacts from these changes. The company aims to submit updated financials to OTCMarkets and become a fully reporting company. Osceola Gold holds mining claims in Nevada's Osceola Mining district, noted for its rich gold deposits.
Osceola Gold, Inc. (OSCI) announced the formation of its Mine's Processing Division, opting to keep operations in-house instead of outsourcing. Management emphasized the importance of this decision for profit margins. Key personnel include operations manager Lee DeCesare, who has over 13 years of mining experience, and other seasoned professionals with decades in construction and mining. The hiring process for additional operators is ongoing. The company holds mining claims in Nevada's prolific Osceola Mining district, where geological studies have indicated substantial gold deposits.
Osceola Gold, Inc. (OTC PINK: OSCI) has announced significant progress toward becoming a fully reporting company, enhancing transparency and accountability in the public mining sector. The CEO, Tom More, stated that the first phase of updating the company's financials is completed, with information now under review at OTC Markets. This development is pivotal as Osceola approaches major announcements aimed at solidifying its market position. The company possesses mining claims in the prolific Osceola Mining district, known for rich gold deposits.
Osceola Gold Inc. (OTC PINK:OSCI) announced significant developments as it prepares to begin production at its mine in the Osceola Mining District, a prominent gold area in Nevada. Management is selecting advanced electric equipment to enhance yield while reducing energy costs. Recent geological analysis has identified multiple gold target zones, with promising concentrations detected. The company aims to keep investors updated on further developments as it advances its mining initiatives amidst a robust gold market, which has recently shown an upward trend.
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