The expansion covers a two-mile stretch of the North, Wayne, Ada, Otto, and South vein systems. By securing this land, the company aims to facilitate a systematic exploration strategy ahead of a proposed 10,000-foot diamond drilling program. According to CEO Aleksandr Dekhtyar, the additional acreage provides the necessary space to test these geological structures without spatial constraints.
In section Releases
Buscar Company Expands Treasure Canyon Claims to Over 1,000 Acres
Seeking to secure strike extensions of five gold-bearing quartz vein systems, Beverly Hills-based Buscar Company has staked 44 new lode mining claims in Plumas County, California. The acquisition boosts the company’s total footprint at the Treasure Canyon Project from 200 acres to approximately 1,098 acres.

While the company prepares for drilling, it remains in the permitting phase for both the vein systems and a separate copper-gold soil anomaly at Sulfide Ridge. Geological data indicates the area sits within the historic Lights Creek Mining District, a region known for porphyry copper-gold systems dating back to the California Gold Rush. Despite these historical indicators, the project remains in the early stages; the company has yet to establish proven mineral reserves or economic viability. Professional geologist Martin L. Gallon has reviewed the technical data, noting that the new claims are essential for testing the continuity and width of mineralization across the site.
Comments (0)
No comments yet. Be the first!