Buscar Company Announces Strategic Evaluation Plan for Treasure Canyon Gold Mine
Buscar Company (OTC: CGLD) announced a strategic evaluation plan for the Treasure Canyon Gold Mine property in Plumas County, California. The property comprises approximately 200 acres including 10 BLM mining claims within Plumas National Forest.
Planned activities include systematic review of historical records, infrastructure assessment, baseline studies, geophysical surveys, and evaluation of adjacent properties. Field work may begin as early as May 2026, subject to funding, permits, and weather.
The company withdrew a prior technical report after questioning the preparer's qualifications and is seeking a new independent Qualified Person (QP) under S-K 1300 to verify data and prepare a compliant technical report. Historical estimates are not S-K 1300 compliant and should not be relied upon. Regular updates and disclosures will follow as the company advances toward SEC reporting status.
Buscar Company (OTC: CGLD) ha annunciato un piano di valutazione strategica per la miniera Treasure Canyon Gold Mine nella contea di Plumas, California. La proprietà comprende circa 200 acri inclusi 10 diritti minerari BLM all'interno della Plumas National Forest.
Le attività previste includono una revisione sistematica dei registri storici, una valutazione delle infrastrutture, studi di base, rilievi geofisici e la valutazione delle proprietà adiacenti. I lavori sul campo potrebbero iniziare già da maggio 2026, soggetti a finanziamenti, permessi e condizioni meteorologiche.
L'azienda ha ritirato un precedente rapporto tecnico dopo aver messo in discussione le qualifiche del redattore ed è alla ricerca di una nuova Persona Qualificata (Qualified Person, QP) indipendente in base allo S-K 1300 per verificare i dati e redigere un rapporto tecnico conforme. Le stime storiche non sono conformi a S-K 1300 e non dovrebbero essere considerate attendibili. Aggiornamenti regolari e comunicazioni seguiranno man mano che l'azienda progredirà verso lo status di reporting SEC.
Buscar Company (OTC: CGLD) anunció un plan de evaluación estratégica para la mina Treasure Canyon Gold Mine, ubicada en el condado de Plumas, California. La propiedad abarca aproximadamente 200 acres e incluye 10 reclamaciones mineras de la BLM dentro del Plumas National Forest.
Las actividades previstas incluyen la revisión sistemática de registros históricos, evaluación de infraestructuras, estudios de referencia, levantamientos geofísicos y evaluación de propiedades adyacentes. El trabajo de campo podría comenzar a partir de mayo de 2026, sujeto a financiamiento, permisos y condiciones climáticas.
La empresa retiró un informe técnico anterior tras cuestionar las calificaciones del preparador y busca una nueva Persona Calificada (Qualified Person, QP) independiente conforme a la S-K 1300 para verificar los datos y preparar un informe técnico conforme. Las estimaciones históricas no cumplen con la S-K 1300 y no deben ser confiables. Se proporcionarán actualizaciones y divulgaciones regulares a medida que la empresa avance hacia el estado de reporte ante la SEC.
Buscar Company (OTC: CGLD)은 캘리포니아주 플루마스 카운티의 Treasure Canyon Gold Mine 부지에 대한 전략 평가 계획을 발표했습니다. 이 부지는 Plumas National Forest 내에 있는 약 200에이커를 포함하며 BLM 채굴 지분 10건이 있습니다.
예정된 활동으로는 역사 기록의 체계적 검토, 인프라 평가, 기초 연구, 지구물리학 조사를 포함하고 인접 부지 평가가 포함됩니다. 현장 작업은 예산, 허가 및 기상 상황에 따라 2026년 5월부터 시작될 수 있습니다.
회사는 자격 있는 사람(S-1300에 따른 독립적 Qualified Person, QP)의 새로움을 확인하고 데이터를 검증하며 규정에 부합하는 기술 보고서를 준비하기 위해 이전 기술 보고서를 철회했으며, S-K 1300에 따라 독립적인 자격 보유자(Qualified Person, QP)를 찾고 있습니다. 역사적 추정치는 S-K 1300에 부합하지 않으므로 신뢰해서는 안 됩니다. 회사가 SEC 보고 상태로 향하는 과정에서 정기적인 업데이트와 공시가 이루어질 것입니다.
Buscar Company (OTC: CGLD) a annoncé un plan d'évaluation stratégique pour la mine Treasure Canyon Gold Mine, située dans le comté de Plumas, Californie. La propriété comprend environ 200 acres dont 10 claims miniers de la BLM au sein du Plumas National Forest.
Les activités prévues incluent une revue systématique des registres historiques, une évaluation des infrastructures, des études de référence, des levés géophysiques et l'évaluation des propriétés adjacentes. Des travaux sur le terrain pourraient commencer dès mai 2026, sous réserve de financement, de permis et de conditions météorologiques.
La société a retiré un rapport technique antérieur après avoir remis en question les qualifications du rédacteur et recherche une nouvelle Personne Qualifiée (Qualified Person, QP) indépendante selon le S-K 1300 pour vérifier les données et préparer un rapport technique conforme. Les estimations historiques ne sont pas conformes au S-K 1300 et ne devraient pas être considérées comme fiables. Des mises à jour et divulgations régulières suivront à mesure que la société progresse vers le statut de reporting SEC.
Buscar Company (OTC: CGLD) hat einen strategischen Bewertungsplan für die Treasure Canyon Gold Mine-Liegenschaft im Plumas County, Kalifornien, angekündigt. Die Liegenschaft umfasst ca. 200 Acres, darunter 10 BLM-Abbaurechte innerhalb des Plumas National Forest.
Zu den geplanten Aktivitäten gehören eine systematische Überprüfung historischer Unterlagen, Infrastrukturbewertung, Basisstudien, geophysikalische Erhebungen und Bewertung benachbarter Grundstücke. Feldarbeiten könnten bereits im Mai 2026 beginnen, vorbehaltlich Finanzierung, Genehmigungen und Wetter.
Das Unternehmen hat einen früheren technischen Bericht zurückgezogen, nachdem die Qualifikationen des Verfassers in Frage gestellt wurden, und sucht eine neue unabhängige Qualified Person (QP) gemäß S-K 1300, um Daten zu überprüfen und einen konformen technischen Bericht zu erstellen. Historische Schätzungen entsprechen nicht dem S-K 1300 und sollten nicht als zuverlässig angesehen werden. Reguläre Updates und Offenlegungen folgen, während das Unternehmen sich der SEC-Berichtspflicht nähert.
Buscar Company (OTC: CGLD) أعلنت عن خطة تقييم استراتيجية لمنجم Treasure Canyon Gold Mine في مقاطعة بلماس، كاليفورنيا. تضم الملكية نحو 200 فدانًا بما في ذلك 10 دعاوى تعدين من BLM داخل Plumas National Forest.
تشمل الأنشطة المخطط لها مراجعة منهجية للسجلات التاريخية وتقييم للبنى التحتية ودراسات أساسية ومسوحاً جيوفيزيائيين وتقييم الأراضي المجاورة. قد تبدأ الأعمال الميدانية في أقرب وقت مايو 2026، رهناً بالتمويل والتصاريح والطقس.
سحبت الشركة تقريراً فنياً سابقاً بعد التشكيك في مؤهلات المُعِد وتبحث عن شخص مؤهل (Qualified Person, QP) مستقل وفق S-K 1300 للتحقق من البيانات وإعداد تقرير فني متوافق. التقديرات التاريخية ليست متوافقة مع S-K 1300 ولا يجب الاعتماد عليها. ستجري تحديثات وإفصاحات منتظمة مع تقدم الشركة نحو وضع التقارير لدى هيئة الأوراق المالية الأمريكية SEC.
- Property size: ~200 acres with 10 BLM mining claims
- Potential IOCG-style mineralization identified
- Targeted field activities could start in May 2026
- Company seeking an independent S-K 1300 QP to verify data
- Previously withdrawn technical report pending verification of QP
- All exploration contingent on securing funding
- Exploration requires BLM permits and environmental approvals
- Historical estimates non-compliant with S-K 1300 and unreliable
Management's strategic plan encompasses a systematic evaluation of historical mining records, a comprehensive assessment of existing infrastructure conditions, and the determination of appropriate pathways for potential future exploration and development activities. The Company intends to pursue preliminary exploration activities, which may include:
- Detailed site assessments and baseline studies
- Geophysical surveys to better understand subsurface geology
- Evaluation of adjacent and offsetting properties for geological context
- All exploration activities remain subject to:
- Securing adequate funding through equity financing, joint ventures, or other strategic partnerships
- Obtaining all necessary federal, state, and local regulatory approvals, including but not limited to BLM permits and environmental clearances
- Favorable weather and ground conditions, with field activities potentially commencing as early as May 2026, weather permitting
The Company is pursuing strategic partnerships to advance potential development pathways while maintaining strict adherence to environmental compliance standards and comprehensive stakeholder engagement protocols. The Company previously engaged an individual believed to be a Qualified Person (QP) as defined under S-K 1300 to prepare a technical report; however, based on subsequent information received regarding the individual's qualifications, the Company has withdrawn that report pending further verification. The Company is actively pursuing engagement of a new independent Qualified Person (QP) who meets all requirements under S-K 1300 to review and verify the previously compiled data and results. Subject to the availability of funding and regulatory approvals, the new QP will prepare a technical report summary in full accordance with Item 1300 of Regulation S-K and applicable mining industry standards.
The property has been identified as potentially hosting Iron Oxide Copper-Gold (IOCG) style mineralization, with historical records suggesting the possible presence of gold, copper, silver, and other metals. However, investors are cautioned that historical estimates and production records are not compliant with S-K 1300 standards and should not be relied upon as indicators of current mineral resources or reserves as defined under S-K 1300.
The Company will provide regular updates regarding the progression of these initiatives, including matters related to its ongoing audit process as it advances toward full SEC reporting company status. All disclosures will be made in accordance with applicable securities laws and regulations.
Forward-Looking Statements Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact, including statements regarding the Company's future exploration plans, anticipated timing of activities, potential mineralization, ability to secure funding, obtaining regulatory approvals, retention of qualified persons, preparation of technical reports, advancement toward SEC reporting status, and strategic partnerships, are forward-looking statements.
These forward-looking statements are based on management's current expectations and beliefs and involve significant risks and uncertainties that could cause actual results, developments, and business decisions to differ materially from those contemplated by these statements. Factors that could cause actual results to differ materially include, but are not limited to:
- Inability to secure adequate funding for exploration activities
- Delays or inability to obtain required regulatory approvals
- Adverse weather conditions or natural disasters affecting site access
- Geological uncertainties and exploration risks
- Commodity price volatility affecting project economics
- Changes in federal, state, or local regulations governing mining activities
- Environmental compliance costs exceeding estimates
- Challenges in achieving full SEC reporting company status
- Potential delays in audit completion
- Market conditions affecting the Company's securities
- Competition for qualified personnel and contractors
- Title uncertainties or challenges to mining claims
- Infrastructure limitations or unexpected rehabilitation costs.
The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Investors are cautioned not to place undue reliance on these forward-looking statements.
CONTACT:
Alexander Dekhtyar,
CEO Buscar Company,
office@cgld.email
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SOURCE Buscar Company (CGLD)
FAQ
What did Buscar (CGLD) announce about the Treasure Canyon Gold Mine on November 5, 2025?
How large is the Treasure Canyon property that Buscar (CGLD) is evaluating?
When could Buscar (CGLD) begin field exploration at Treasure Canyon?
Why did Buscar (CGLD) withdraw its previous technical report for Treasure Canyon?
Does Buscar (CGLD) claim confirmed mineral resources at Treasure Canyon?
What regulatory approvals does Buscar (CGLD) need before exploration at Treasure Canyon?
