ACCESSWIRE
15 Nov 2019, 00:13 GMT+10
Following Latest Test Results, Operations Zone in the Southwest Territory, Newly Detected Mineral Rich Area on the Property
STEUBENVILLE, OH / ACCESSWIRE / November 14, 2019 / Osceola Gold, Inc., 'OSCI', (OTC PINK:OSCI), is pleased to announce production on the Paleo Channel. Management has relocated from the Northeast Quadrant to an untapped area on the Southwest end, where wesamples were obtained and sent to Silver State Analytical. Samples tested indicate that the Southwest corner is a more mineral rich territory on the property.
Osceola's management team has mobilized to initiate Winter Operations, having stockpiled all necessary provisions to begin production in the new territory, and carry out operations, during the time in which the ground is frozen. All required equipment for running material has been acquired, and all government and regulatory agencies have been satisfied.
'We are ready for the new season and have great expectations for exciting results.' stated Chris Tarquinio. 'We plan to be in full swing before winter arrives. Upon the initiation of production, we will be updating with results'
The Company's website is being updated and announcements will be forthcoming as developments advance.
About Osceola Gold, Inc.
Osceola Gold Inc 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 Inc. 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.
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, whether as a result of new information, future events or otherwise.
For Investor Relations, Contact:
Osceola Gold Inc.
740- 275-4227
Osceolagoldinc.com
RELATED LINK
HTTP://www.osceolagoldinc.com
SOURCE: Osceola Gold, Inc.
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