Business
Buscar Company announces the completion of the 43-101 report for its subsidiary Eon Discovery Inc.
Buscar Company announces the completion of the 43-101 report for its subsidiary Eon Discovery Inc..
About this update from Buscar Company
[{"type":"text","content":"\r\n\r\n \r\n \r\n Buscar Company announces the completion of the 43-101 report for its subsidiary Eon Discovery Inc.\r\n \r\n \r\n\r\n\r\nBuscar Company announces the completion of the 43-101 report for its subsidiary Eon Discovery Inc.\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n BEVERLY HILLS, Calif., Oct. 17, 2025 /PRNewswire/ -- Buscar Company (OTC: CGLD), through its wholly owned subsidiary Eon Discovery Inc., is proud to announce the completion of an independent National Instrument 43-101 (NI 43-101) Technical Report for the Treasure Canyon Gold Mine in Plumas County, California. Prepared by Qualified Person Dr. Abe Beagles of Mother Lode Mining, the report validates the project's immense economic potential with a combined gross in-situ value of approximately $117.16 billion across Proven and Probable Reserves, based on certified multi-element assay data including gold, silver, platinum-group metals, and rare earth elements. This valuation underscores Treasure Canyon's position as a high-value, sustainable mining asset in the northern Sierra Nevada region.\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n Strategic Partnership and Report Highlights\r\n \r\n Engaged since March 2025, Mother Lode Mining brings Dr. Beagles' extensive expertise in hydrogeology, mining engineering, and proprietary technologies to the project. The NI 43-101 report, effective October 2025, details a continuous alluvial channel averaging 51 feet in depth over the 200-acre site, with an estimated in-situ mineralized mass of 24.68 million tons calculated using a bulk density of 1.5 tons per cubic yard. Proven Reserves are valued at $1,399.63 per ton for a total of $34.55 billion, while Probable Reserves at $3,346.86 per ton yield $82.61 billion, reflecting distinct lower- and higher-grade domains amenable to low-impact, gravity-based extraction.\r\n 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 through reagent-free gravity concentration. The report highlights the integration of Dr. Beagles' proprietary Plasma Extractor System (PES), which recovers monoatomic and colloidal gold from black sands and has the potential to enhance recovered values by 3 to 15 times the assayed amounts, ...