Not for Distribution to U.S. News Wire Services or Dissemination in the United States
VANCOUVER, BRITISH COLUMBIA – May 14, 2025 – Buscando Resources Corp. (“Buscando” or the “Company”) (CSE: BRCO) is pleased to announce that, as a direct result of reduced snow pack in the Toodoggone mining region of British Columbia, the Company can now plan on earlier implementation of its proposed exploration plan at its Foggy Mountain Project.
The Company proposes additional work to evaluate the potential of the property for hosting skarn and/or polymetallic veins (Ag-Pb-Zn+/-Au). In order to evaluate the potential of the Foggy Mountain property for hosting mineralization, additional mapping and sampling is recommended to locate and characterize altered intrusions and locate potential zones of polymetallic veins (Ag-Pb-Zn+/-Au) or related mineralization. Additional rock sampling, mapping, and prospecting is recommended surrounding the MESS 5 showing, where recent sampling has yielded high Ag/Cu/Au results relative to other sampling on the Property. Special attention to contacts and faults while sampling is recommended, as other minifiles and anomalous samples in the area seem to correspond with these structural features. Anomalous mineral occurrences also appear to be more frequent at the edges of mag-high anomalies. Sampling of outcrop above high-Cu stream sediment samples in the northern section of the claims is also recommended to locate a source of copper entering the watershed.
The following Phase 1 budget is proposed to enable additional rock sampling, prospecting and mapping as outlined above:
| Item Description | Estimate |
| Preseason Planning targeting, planning, logistics | $3,000 |
| Post Season reporting assessment report and data compilation | $5,000 |
| Field Personnel four person geology crew 6 days total | $20,000 |
| Equipment truck, trailer, gear | $3,000 |
| Rentals communications, XRF | $2,000 |
| Analytical ~190 Rock samples, ICP, thin sections | $18,000 |
| Expenses mob, demob, room and board, consumables | $17,000 |
| Subcontractors Helicopter | $23,000 |
| Taxes and Fees Applicable taxes and fees | $10,000 |
| Total | $101,000 |
The Company hopes to begin this exploration program in the beginning of June 2025.
The Company would also like to provide clarification regarding its April 28, 2025 news release announcing the proposed acquisition of the the Star copper-nickel-PGM project (the “Star Project”) and the Union Bay nickel-copper-PGM project (the “Union Bay Project”), the Marketing initiatives and the $0.20 Unit Private Placement. Specifically, the Company advises there is no relationship between the vendors of the Star Project and the Union Bay Project, the Investor Relations/Marketing providers, and any identified participants in the financing. The financing, Investor relations/marketing and acquisition announced on April 29, 2025 were not contemplated at the time of the Listing Statement on April 23, 2025.
Further the acquisition of the Star Project and the Union Bay Project and the Marketing initiatives are reliant upon the closing a sufficient amount of the announced Private placement to fund the acquisitions and marketing programs. The current working capital as detailed in the recently filed Listing Statement will be used primarily for further exploration on the of the Foggy Mountain project and general and administrative expenses. Except for the additional work referenced above, of the date hereof, no planned activities for the Foggy Mountain Property as disclosed in the Company’s Listing Statement dated April 23, 2205 has changed.
Qualified person
The scientific and technical information disclosed herein has been reviewed and approved by Jeremy Hanson, PGeo., who is an independent consulting geologist to the company and a qualified person as defined by National Instrument 43-101 — Standards of Disclosure for Mineral Projects.
About the Company
Buscando Resources Corp. is an exploration company focused on the acquisition, exploration and development of natural resource properties located in Canada. For more information on Buscando please contact the Company (+1 250-877-1394) or visit the website www.buscandoresources.com.
On behalf of the Board of Directors,
BUSCANDO RESOURCES CORP.
“Kyler Hardy”
Chief Executive Officer
Tel: +1 250-877-1394
Email: khardy@cronincapital.ca
This press release contains “forward-looking information” that is based on the Company’s current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the completion of the Company’s Offering and exploration and development plans and the closing of the Acquisition, as anticipated or at all. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. Forward-looking statements in this news release includes statements related to the Transaction, receipt of all necessary regulatory approvals to the Transaction, satisfaction of the conditions precedent to the Transaction, closing of the Offering, the intended use of proceeds from the Offering, the payment of finders’ fees and issuance of securities in connection therewith and related matters. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward looking information.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.
