STEUBENVILLE, OH--(NewMediaWire - May 25, 2016) -
Osceola Gold Inc. (OTC
PINK: PYHH) is pleased to announce that the Company has
entered into a subsurface scanning agreement with Geo Scan Inc., a
Florida-based underground scanning and mapping company, to provide
accurate data for quick mineral discovery, reducing the need for
unnecessary drilling. GeoScan Inc. has been compensated and is
expected to initiate imminently.
Geo Scan Inc. will initiate the proprietary Quantum Geo
Protocols to pinpoint the areas enriched with the highest values of
Gold minerals within a predefined claim location on the Osceola
Mines Claim site. GeoScan will reveal the locations of interest
based on data derived through satellite deep scanning of the areas
tested. The location, depth, headings and size of deposits will be
delineated, for the efficient and equitable discovery of the most
profitable territories to excavate.
The results will be confirmed in the field by Osceola Inc. and
projections based on the samples obtained can be included in
Osceola's delineation for reserve value and if accessible, an
inclusion to this season's mining operations.
Seeking to maximize the gold recovery, and allow for a very
profitable mining venture in these mineral rich gravels, the
Company will complete testing through the use of cutting edge
proprietary Quantum Geo Analysis. This is a precursor to ground
penetrating radar studies and satellite deep scanning and imaging,
as well as targeted, on site, analytical work to determine the
positioning and depths of the gold and silver concentrations in the
gravels. The algorithms used will be able to provide quantitative
value estimates, location and depth parameters.
This will allow for a very efficient and profitable short,
medium, and long term planning of the mining operation, and assist
in providing a strategic mining excavation plan for the entirety of
the economic mineable gravels as well as the more concentrated
target zones of high target metal concentrations.
"We are very happy to be moving forward, and excited to discover
the value that is right under the surface, through the latest in
Quantum technology," stated Christopher Tarquinio, Chief Executive
Officer, Osceola Gold, Inc. He concluded: "We anticipate that we
have turned the corner in our ventures, and will be keeping
shareholders fully updated as developments evolve."
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