Gold Mining Company Buscar Provides Crushing & Processing Update

DENVER, CO -- October 06, 2020 -- InvestorsHub NewsWire -- Buscar Company (CGLD) announced today that the first 1,000 pounds of ore has been crushed at Treasure Canyon Lode Mine.  The Company has begun processing the initial ore crushed.  This process entails the following steps:

 (1)    Crushing (or milling) of the rock ore to liberate gold particles from rock.  We are milling the rock ore into powder down to 200 mesh sized powder.

(2)    We then add water to the powder to create a slurry mix.

(3)    We then use concentration methods on the slurry mix.  Concentration means increasing the amount of gold (or other precious metals) by selectively removing lighter particles. We use gravity concentration methods that do not require mercury or any other chemicals. This results in a concentrate. 

(4)    The concentrate is then smelted into Doré bars (or buttons).

(5)    The metals in each Doré bar still needs to be separated before it can be sold, so the bars are sent to a refinery.  The refinery will determine the percentage of fine metal contained in each and pay us based on the amount of fine metals contained in each bar at the daily market price.

 We expect to crush approximately 200-250 pounds a day until we receive the milling circuit that can crush and process 1-2 tons per hour (TPH).  We expect the 1-2 TPH milling circuit to arrive in the next few weeks. 

 Buscar Company is a mining operation that holds the rights to the Treasure Canyon Mining claims located in Plumas County, California.  More information on the 200 acre property, maps, drawings, assays and an appraisal of the mineral reserves can all be found at the company website, 

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Please refer to our Forum at and the Company's Twitter page for additional information and updates.


SOURCE: Buscar Company

Buscar (PK) (USOTC:CGLD)
Historical Stock Chart
From Nov 2021 to Dec 2021 Click Here for more Buscar (PK) Charts.
Buscar (PK) (USOTC:CGLD)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more Buscar (PK) Charts.