Buscar recommends 29-hole, 10,378-foot drill program for Treasure Canyon

Buscar Company said it has completed an Exploration Target Geological Report for the Treasure Canyon Project in Plumas County, California, which is held 100% by its wholly owned subsidiary Eon Discovery Inc. Effective August 20, 2026, the report identified auriferous quartz veins, placer gold and a copper soil anomaly at Sulfide Ridge. The report recommends an initial 29-hole surface diamond drilling program totaling 10,378 feet, or approximately 3,163 meters, at an estimated cost of $2.48 million. Buscar said it needs additional financing, which may dilute existing shareholders, and cannot begin drilling until required permits are obtained. The project comprises 54 unpatented BLM lode mining claims covering approximately 1,105 acres within the Plumas National Forest. Conceptual Exploration Targets include about 57,900 ounces of gold in placer deposits, approximately 1.84 million ounces of gold in primary vein systems and about 89.3 million pounds of copper at Sulfide Ridge. The estimates are not Mineral Resources or mineral reserves under NI 43-101 or SEC Regulation S-K 1300, and it is uncertain whether further exploration will define resources.

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