Weirton, WV – June 8, 2022 – Osceola Gold Inc. (OTC: OSCI), a precious metal mining company that focuses on the development and exploration of gold and other precious metal mining projects, is fully open and has advanced into full operational status.
All necessary on-site preparation has been completed and the initial target testing is concluded. Mav G and Solomon #6 were tested and have begun producing.
The additional equipment now being delivered to enhance production includes the Volvo A25E Haul Truck, Caterpillar 966F Loader and an additional Excavator.
The crew has been strengthened with additional personnel for the rotation of multiple shifts to maximize usage of the current and additional equipment. This will allow for greater efficiency and maximized results.
To keep shareholders fully engaged, the WST TV production crew will be on site the week of June 27th to showcase the process and demonstrate the scope of Operations. On-site video updates will be made available online from the footage for shareholders to view.
The production schedule that Osceola Gold has set in place will yield an estimated 150 tons of dirt per hour which will generate approximately ½ to 1 ½ grams per ton. Within these projections we should be yielding 2.41 ounces per hour contained by the capacity of the machinery.
About Osceola Gold
Osceola Gold develops its projects in the State of Nevada with the corporate office in Weirton, VA. Osceola Gold has rights to mining claims in the Osceola Mining district in Mary Ann Canyon, which is situated about 30 miles north of Ely, Nevada. This area is one of the most prolific gold areas in the State of Nevada. The largest Nugget in Nevada was found in Mary Ann Canyon and the Osceola Mining District. For more information on Osceola Gold, please visit https://www.oscigold.com.
Updates can be viewed on Twitter: https://twitter.com/osceolagold
Forward-Looking Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as ‘anticipate,’ ‘if,’ ‘believe,’ ‘plan,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘could,’ ‘should,’ ‘will,’ and other similar expressions are forward-looking statements.
All forward-looking statements involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, as a result of new information, future events or otherwise.
SOURCE: Osceola Gold
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