Osceola Gold, Inc. (OTC: OSCI)

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Osceola Gold Advances into Full Production as Operations Gain Momentum

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

Osceola Gold April Operational Mining Update

Weirton, WV – April 28, 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 moving into the next phase of operations starting the week of May 2nd.

 

As the first phase of operations is almost concluded, the operational management team is scheduled to be back on-site on May 4th, to finalize a few logistics, including the last geologist walk through of key prospective areas, expansion of the excavation pond, to account for increased filtering capacity, and to complete final machinery maintenance along with some required minor compliance updates.

 

Due to environmental factors outside of the Company’s control, April operations ran slightly behind, but the project continues on pace.

 

Updates are slated to be provided directly from the mine next week, to present investors with visual insight into the areas determined as most advantageous, with a comprehensive overview of on-site processing.

 

Viable Production Targets are still on track to be provided in June and management still foresees results of over a gram per ton.

 

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.

 

Thomas More
Osceolagoldinc@gmail.com

 

SOURCE: Osceola Gold

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About Osceola Gold, Inc.

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. Although mining is not as popular as it once was, there is still large amounts of commodities in the ground to extract. Osceola Gold has had geological tests and several different studies done, which has helped them locate gold deposits which has enabled them to concentrate on areas that have rich soil to process and mine for successful outcomes.

 

Our Mission is to be a reliable and profitable gold mining operation by excavating, extracting, and controlling the assets. Our team will be held accountable while acting with integrity and transparency. The Osceola Mining District in Mary Ann Canyon has been historically one of the most prolific producers of gold deposits in of any of the Nevada regions. Based on the geological report prepared for the Osceola Gold by the geologists at Skookum Geological and samplings from the area., the estimated recoverable reserves of precious metal deposits for the entire Mav claims is approximately $4 Billion. These figures are based on a recovery rate of $32 – $40 per yard (.28 ounces per cubic yard). Historical mining in the district was focused on discovering nuggets leaving much of the fine gold in place. Moreover, early miners stopped at false bedrock leaving reserves beneath the false bedrock untouched. Visit the rest of our investor pages for more information on each aspect of the operation.

 

Independent Study Reports

Osceola Gold has conducted multiple independent studies over the years to validate historical studies for this mining area in Mary Ann Canyon. We have compiled the key reports below for investor review. There are more recent reports, including the Russel Geological Report, Skookum Geological Report and magnetic test report which all validate the Gold Reserves Estimate.

Summary Of Project Opportunity – Skookum Geological Report By Gerry Griesel

Summary of existing reports, assessment of recent sampling, and proposals for future work for the Mary Ann Canyon are of the Osceola Mining District, White Pine County, NV. Evaluation and assessment opportunity report created by Gerry Griesel who was a senior geologist from Barrick Gold and Newton Mining currently a Senior Exploration Geologist for Nevada Gold Mines.

Summarization Of Project Opportunity

Russell Geological Report

This report validates prior reports including the placement of ‘Paleozoic sediments’ beginning with Cambrian quartzite sediments, followed by limestone and shales – the bedrock on which the alluvial currently rests.

Russell Geological Report

Mary Ann Canyon Gravity Survey

Mary Ann Canyon Property Gravity Survey GIS Database – RES Gravity & Paleo-Channels Looking East-Northeast.

Mary Ann Canyon Gravity Survey

Mary Ann Canyon Environmental Survey

Summary of the environment by the Bureau of Land Management for the Mary Ann Canyon area of the Osceola Mining District, White Pine County, NV.

Preliminary Environmental Evaluation

Mary Ann Canyon Drilling & Exploration of Placer Gold Deposits

Test to show the total magnetic intensity of residual for the Mary Ann Canyon area of the Osceola Mining District, White Pine County, NV.

Magnetic Test

GEO Scan Report

Summary of the sub-surface geological structure utilizing quantum geo methodology to map the natural resource.

Geo Scan Report

 

LEADERSHIP

 

Thomas More – CEO/President
Thomas More is a serial and tenured entrepreneur who has now become the interim Chief Executive Officer with Osceola Gold. He has been an avid follower of the Osceola Gold Mine project and has visited the mine many times to learn and get an understanding of the entire mining process. He has now made the commitment to, first and foremost, to get the mine operating by following the geologic assays and prove the profitability of the project and then scale the operation to greater heights in the most efficient manner possible while being compliant with all government agencies and entities. More has an award winning and proven track record of entrepreneurial success based upon vision, a strong work ethic, and integrity. He is a self-made man and looks forward to guiding the Osceola Gold Mine project to levels of success that will deem it worthy as a legitimate Gold Mine that can benefit all investors in the near future and beyond. More is a graduate of the University of St. Thomas with a business degree and lives in Newport Beach, California

 

Lee DeCesare – Operations Manager
Lee was born and raised in Eastern Ohio. He has been in the same area his whole life. He is incredibly involved in his community and helping those around him with projects that they may be working on. Lee is a great person to oversee our operation coming in with good personal relationships with the employees and a great eye for detail. He is fiscally responsible with how to get the job done quickly, efficiently all while being cost-conscious. He has been involved in Mary Ann Canyon for over 10 years. He has explored, excavated, and extracted from this area with confidence and reliability. He is not afraid to get his hands dirty and get in to help with what needs to be done.

 

Carmen DeCesare – Director of Safety and Government Compliance
Carmen was born and raised in Eastern Ohio. When he was 23 he moved to Florida where he served in retail for 10 years. Soon after he met his wife Kathy who brought him, two great children. He found his passion in marketing for a Michigan manufacturer. Then his wife Kathy and he built a strong sales organization with nine outlets throughout Florida.

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