Welcome to our dedicated page for Buscar news (Ticker: CGLD), a resource for investors and traders seeking the latest updates and insights on Buscar stock.
Buscar Company reports company developments for an OTC Pink issuer focused on natural resources and related holding-company interests. Its updates center on the Treasure Canyon property in Plumas County, California, where wholly owned subsidiary Eon Discovery Inc. manages gold exploration activities. News commonly covers geological review work under SEC Regulation S-K 1300, placer gold and auriferous quartz vein references, copper mineralization potential, and permitting steps tied to exploration-stage activity.
Buscar's releases also address corrections to prior mineral reserve communications, Qualified Person engagement, agency coordination, and audit or reporting-status initiatives. The company has described Treasure Canyon as an exploration-stage property with no mineral reserves, no producing properties, and activities dependent on external financing.
Buscar Company (OTC: CGLD) has appointed Daniel McGill as its new Chief Operating Officer. McGill, who has over 40 years of experience in mining, will oversee daily operations and regulatory interactions. His extensive background includes 20 years as the general manager of Ward Enterprises. McGill co-founded Strategic Metals Consulting, utilizing advanced technology for mineral exploration. He replaces Thomas Heathman, who resigned due to health issues. The company holds rights to ten mining claims in California and has recently acquired thirty more in the Bucks Lake region.
Buscar Company has significantly expanded its mineral claims by over 800%, increasing its total to approximately 2,000 acres across California and Nevada. The company has initiated mining operations in Nevada by staking an additional 10 claims, aimed at exploring over 4,000 acres in the state's productive mining region. Following initial soil sampling showing 16 grams per ton of gold, Buscar is optimistic about the area's potential for gold and silver production. The company's strategic focus includes acquiring additional lithium projects to further diversify its portfolio.
Buscar Company (OTC PINK: CGLD) announced progress in finalizing its Plan of Operations in June 2022, focusing on compliance with the California Regional Water Quality Control Board (RWQCB). The company has contracted VESTRA Resources, Inc. to address concerns raised by the RWQCB, and the revised plan was submitted on June 27th, 2022. Following approval, this will facilitate further steps towards the Plan of Operations approval by the US Forest Service. The company owns ten gold mining claims in Plumas County and has recently acquired thirty additional claims in Northern California.
Buscar Company, Inc. (OTC PINK: CGLD) has announced a Certificate of Amendment, changing the effective date of its proposed 3 1/2 to 1 forward stock split to September 1, 2022. This adjustment awaits approval from FINRA, which has been informed of the amendment. The company operates in the mining sector, holding ten gold mining claims in Treasure Canyon, Plumas County, California, and acquiring thirty additional claims in the Bucks Lake area, totaling 800 acres of unpatented claims in Plumas National Forest.
Buscar Company, Inc. (OTC-PINK: CGLD) announced a significant commitment from JV Partner Mars Mines Limited, pledging $500,000 for the Treasure Canyon project. Company President Thomas Heathman emphasized this investment demonstrates confidence in the project's success. Following a recently completed ten-year Production Agreement, the company aims to leverage the resources and expertise of Mars Mines to advance mining operations. Buscar also holds rights to 800 acres of mining claims in California, including newly acquired claims in the Bucks Lake area.
Buscar Company (OTC-PINK: CGLD) has announced a 3.5-for-1 forward stock split, filing the necessary documentation with FINRA. The stock split will take effect on or about February 18, 2022, with shareholders on the record date entitled to the new shares. This decision aims to enhance the company's capital structure, making it more attractive to potential investors. The announcement also includes a caution regarding forward-looking statements that may not be realized.
Buscar Company expands its presence in Northern California by acquiring 10 additional claims, totaling 800 acres of unpatented mining claims in Plumas National Forest. The company reports significant mineral findings, including over 200 PPM gold and 700 PPM silver from soil samples. Investigations indicate multiple areas of mineralization and signs of historical placer mining. Further exploration is planned to assess the potential of these new claims, which may significantly enhance the company's holdings in the area.
Buscar Company (OTC PINK:CGLD) announced the release of a new podcast featuring Thomas Heathman, its President, providing updates on mining operations at Treasure Canyon and other company activities. The podcast is accessible at Buscar Company Podcast. The release includes a notice about forward-looking statements, indicating that actual results may differ from stated expectations and plans. The company assumes no obligation to update these statements.
Buscar Company (OTC Pink:CGLD) has announced a 3 ½ for 1 forward stock split, effective for all shareholders of record as of February 11, 2022. The split means that each existing share will convert into 3.5 new shares, augmenting the total number of shares while maintaining the market cap. This action is intended to enhance liquidity in the trading of the company's shares without altering the overall market value. The company is in the process of filing the necessary documentation with FINRA, with a requirement to do so 10 days before the record date.
Buscar Company (OTC PINK:CGLD) announced the acquisition of 23 new claims covering 440 acres in Plumas National Forest.
Field investigations revealed a granitic outcropping and quartz veins, with US Geological Survey soil samples showing over 200 PPM gold and 700 PPM silver.
The presence of an old mine and abundant traces of placer mining suggest significant historical activity. Initial geophysical measurements indicate multiple mineralization areas, pointing toward potential veins under the claims.