Buscar Company announces the completion of the 43-101 report for its subsidiary Eon Discovery Inc.

Core Insights - Buscar Company, through its subsidiary Eon Discovery Inc., has completed an independent NI 43-101 Technical Report for the Treasure Canyon Gold Mine, revealing a gross in-situ value of approximately $117.16 billion across Proven and Probable Reserves [1][2][6] Project Valuation - The report indicates Proven Reserves valued at $1,399.63 per ton totaling $34.55 billion, while Probable Reserves are valued at $3,346.86 per ton, yielding $82.61 billion [2] - The estimated in-situ mineralized mass is 24.68 million tons, with a continuous alluvial channel averaging 51 feet in depth over a 200-acre site [2] Resource Recovery - Resource modeling confirms approximately 27.15 million tons grading 3.15 g/t gold equivalent, containing an estimated 88,300 ounces of gold equivalent, with Proven and Probable Reserves totaling 81,200 ounces after a 92% recovery rate [3] - The proprietary Plasma Extractor System (PES) is expected to enhance recovered values by 3 to 15 times the assayed amounts, pending independent verification [3] Financial Projections - Startup capital requirements are estimated at $1.25 million, with annual operating costs of $590,000, supporting pre-tax operating margins exceeding 35% at 2025 metal prices averaging $2,650 per ounce for gold [3] Environmental and Social Governance (ESG) - The operation includes environmental reclamation efforts, such as mercury remediation and riparian habitat restoration, managed under the Lori Jane Foundation, ensuring compliance with regulatory standards [4] - The project aims to generate positive ESG outcomes, including zero-discharge water management and community job creation [4] Future Plans - Following the completion of the NI 43-101 report, the company plans to proceed to pilot-scale production in early 2026, incorporating on-site PES testing and preparation for SEC-compliant SK-1300 reporting [5] - The company emphasizes its commitment to ethical mining practices and long-term shareholder value [5][6]