Buscar Company Announces Strategic Evaluation Plan for Treasure Canyon Gold Mine

Core Insights - Buscar Company is evaluating the Treasure Canyon Gold Mine property in Plumas County, California, which spans approximately 200 acres and includes 10 BLM mining claims within the Plumas National Forest [1] Group 1: Strategic Approach - The management's strategic plan includes a systematic evaluation of historical mining records, assessment of existing infrastructure, and identification of pathways for future exploration and development [2] - The company is pursuing strategic partnerships to advance development while ensuring environmental compliance and stakeholder engagement [2] - A technical report prepared by a previously engaged Qualified Person (QP) has been withdrawn pending verification of qualifications, and the company is seeking a new QP to review and verify data [2] Group 2: Mineralization Potential - The property is identified as potentially hosting Iron Oxide Copper-Gold (IOCG) style mineralization, with historical records indicating possible presence of gold, copper, silver, and other metals [3] - Investors are cautioned that historical estimates and production records do not comply with S-K 1300 standards and should not be relied upon as indicators of current mineral resources or reserves [3] Group 3: Regulatory and Reporting Updates - The company will provide regular updates on the progression of initiatives, including the ongoing audit process as it moves toward full SEC reporting company status [4] - All disclosures will comply with applicable securities laws and regulations [4] Group 4: Forward-Looking Statements - The press release contains forward-looking statements regarding exploration plans, funding, regulatory approvals, and strategic partnerships [5] - These statements are based on management's current expectations and involve significant risks and uncertainties [6]