Buscar Company (CGLD)

[surfkast]

Did they fall asleep?


DENVER, Nov. 3, 2020 /PRNewswire/ -- Buscar Company (CGLD) announced today the results of one of their Refinery Test Runs.

President Thomas Heathman stated, "A little over a week ago, we processed 750 pounds of rock ore that resulted in approximately 6.6 pounds of concentrate. From that concentrate, we sent out 218 grams or 7.05 troy ounces of Dore Bars to be refined by one of our potential refinery vendors. The results were favorable. The settlement report indicated 4.685 ounces of gold produced. The settlement report itself has been uploaded to our website and OTC Markets."

Mr. Heathman continued with, "Additionally, we sent out one pound of concentrate to ALS for a fire assay and two pounds of gold concentrate to two different chemical refineries (one in the US and one in Canada) to be chemically processed and refined and we expect those settlement report soon. In the interim, we feel very good about the fact that the first test run equated to 12.493 ounces of gold per ton of ore."

Mr. Heathman finished up with, "We now have 400 pounds of concentrate on hand waiting to be processed. Once all settlement reports have been received, we will determine which method makes the most economic sense for the company and proceed accordingly. We want to thank you for your ongoing support and will provide further updates soon."