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, https://BuscarCompany.com.
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. https://www.buscarcompany.com/forward-looking-statements
Please refer to
our Forum at https://www.buscarcompany.com/forum and the Company's Twitter page
https://twitter.com/BuscarCompany for additional information and
updates.
Contact:
+1-(661)-418-7842
info@buscarcompany.com
SOURCE: Buscar
Company
