Mars Mines Limited commits to initial working capital for Treasure Canyon gold project
JV Partner Mars Mines Limited (MML), a company with decades of experience in mining gold has committed in writing to an initial $500,000.00 in working capital dedicated solely to the Treasure Canyon project owned by Buscar Company, Inc.
Buscar’s President, Thomas Heathman made the announcement and said the commitment is part of a recent completion of a 10 year Production Agreement. This according to him illustrates a level of confidence by their new partner that mining and production at Treasure Canyon will be fruitful for both parties involved
About Buscar Company:
Buscar Company is a mining operation that holds the rights to the Treasure Canyon Mining claims located in Plumas County, California. More recently, the company has also acquired ten additional claims in the Bucks Lake area of Northern California. Combined, Buscar company has a total of 800 acres of unpatented claims in Plumas National Forest, California.
Mr. Heathman finished up with, “The setbacks we experienced over the past several months are now behind us and in the rear view. This agreement and the initial investment into the company allows us to tap into the wealth of resources available via MML in order to move forward aggressively with the Treasure Canyon project. We look forward to sharing more with you in the coming weeks.”
About Mars Mines Limited:
Based in Australia, Mars Mines Limited has gold exploration and mining interests in Brazil, Ecuador, Nigeria and now California via its agreement to help oversee and conduct the mining operations at Treasure Canyon as a joint venture partner with Buscar Company.
