Exciting Developments at Buscar Company Highlight Major Reserves
Buscar Company Announces Major Proven Reserves
Buscar Company (OTC: CGLD) is thrilled to share the successful completion of its National Instrument 43-101 (NI 43-101) Technical Report for its mining project in the United States. This report, prepared by the esteemed Qualified Geologist Dr. Abe Beagles, confirms significant Proven Reserves with an in-situ mineralized mass valued at approximately $34.55 billion.
Insights from the Report and Market Trends
The valuation is derived from comprehensive multi-element assay data, which includes gold, silver, platinum-group metals, and rare earth elements. The presence of these precious resources reveals the project’s promising economic potential. In light of the current market trends, a notable leader at JPMorgan, CEO Jamie Dimon, has suggested that gold could see a price surge, potentially reaching values of $5,000 or even $10,000 per ounce. This insight underscores the increasing significance of the gold reserves within Buscar's Treasure Canyon project amidst rising market demands.
Strategic Partnerships and Key Highlights
Since collaborating with Mother Lode Mining, Buscar has utilized Dr. Beagles' vast expertise in hydrogeology, mining engineering, and the application of innovative extraction technologies. The recently released NI 43-101 report details an alluvial channel averaging 51 feet in depth over the expansive 200-acre site. This setup allows for low-impact, gravity-based extraction methods, ensuring efficient resource recovery.
Innovative Technologies and Recovery Methods
The Proven Reserves indicated in the report reflect lower-grade domains verified by independent assay results. A standout feature is the integration of the Plasma Extractor System (PES), which enables the recovery of monoatomic and colloidal gold from black sands while enhancing overall value. Remarkably, independent metallurgical testing has confirmed a recovery rate exceeding 92% through reagent-free gravity concentration processes.
Commitment to Environmental Standards and Collaboration
Aligning with U.S. government initiatives aimed at strengthening domestic sources of critical minerals, Buscar Company is well-positioned to work alongside federal agencies in the extraction and supply of rare earth elements (REEs) from its Treasure Canyon project. This partnership enhances the project’s financial outlook, opening up government-supported markets and funding opportunities, ultimately diversifying revenue streams beyond precious metals.
Importance of Rare Earth Elements
The NI 43-101 report highlights significant REE reserves, including essential elements such as scandium, yttrium, and lanthanum, which are critical for national security and clean energy technologies. The capability to tap into these resources not only solidifies the project’s viability but also strengthens investor interest through stable, strategic demand.
Environmental Stewardship and Community Impact
Environmental reclamation remains a priority for Buscar. Working in collaboration with the Lori Jane Foundation, the company ensures compliance with federal and state regulations while managing mercury remediation and riparian habitat restoration efforts. The emphasis on zero-discharge water management, reinstating native species, and local job creation reflects Buscar’s commitment to responsible resource management and positive ESG (Environmental, Social, and Governance) outcomes.
Future Prospects and Development Plans
As the NI 43-101 report marks a pivotal milestone for Eon Discovery and Buscar Company, CEO Alexander Dekhtyar expressed enthusiasm over the findings. He affirmed the report’s role in highlighting the extraordinarily high value of the project and its potential to serve as a cornerstone in their natural resources portfolio. Looking ahead, Buscar plans to advance further development efforts, including on-site testing of proprietary technologies. The company's commitment to sustainable practices and maximizing shareholder value remains a priority as they continue exploring the vast potential of their resource assets.
About Buscar Company
Buscar Company (OTC: CGLD) operates as a diversified holding company focused on natural resources, sustainable technologies, and pharmaceuticals. With its headquarters strategically located in Beverly Hills, California, Buscar oversees various entities including Eon Discovery Inc., which manages gold mining operations in the United States, Terramer Inc., known for its contributions to biodegradable bioplastics, and Armorgenix, a nutraceutical innovator.
Frequently Asked Questions
What is the significance of the NI 43-101 report?
The NI 43-101 report confirms significant Proven Reserves for Buscar's mining project, showcasing its economic potential and resource viability.
How does gold's market value impact Buscar Company?
Increasing projections for gold prices, suggested by financial leaders, enhance the attractiveness of Buscar’s gold reserves, aligning with market demand.
What are rare earth elements and their importance?
REEs are crucial for various technologies, national security, and clean energy applications. They add significant financial value to mining projects like that of Buscar.
How does Buscar ensure environmental responsibility?
Buscar promotes environmental stewardship through initiatives like mercury remediation and habitat restoration, alongside strategies ensuring compliance with regulations.
What are Buscar's future plans for development?
The company aims to advance resource development and on-site testing of innovative extraction technologies while maintaining sustainability and shareholder value.
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