The report highlights auriferous quartz veins, placer gold deposits, and a significant copper soil anomaly at the Sulfide Ridge site. While historical underground sampling once yielded high-grade gold values—including an isolated sample of 29.2 oz/ton—the company emphasizes that these legacy findings are not verified and reflect a "nugget effect" rather than average site potential.
Buscar Company Outlines Exploration Targets at Treasure Canyon Project
Buscar Company has released a geological report identifying three distinct mineralization styles at its Treasure Canyon gold-copper project in Plumas County, California. The study, authored by Martin L. Gallon, serves as a conceptual guide for future exploration, though the company notes that no formal mineral resources have been defined.
To move beyond these conceptual estimates, the company has proposed a 29-hole, 10,378-foot diamond drill program. This initial phase carries an estimated price tag of $2.48 million, a sum the company currently lacks and must secure through future financing. Operations remain contingent on regulatory approval, with a Plan of Operations currently under review by the U.S. Forest Service. Until permits are finalized, the project remains in the early stages of validation.
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