SOURCE: Osceola Gold, Inc.

Osceola Gold, Inc.

September 13, 2016 11:18 ET

Osceola Gold Publishes Footage of Osceola Mining Operations in Action

STEUBENVILLE, OH--(Marketwired - Sep 13, 2016) - Osceola (OTC PINK: PYHH) is pleased to announce that the Company has posted video footage of the mining operations in the Osceola Mining District on the corporate website.

To view the mining operation in process visit: http://www.osceolagoldinc.com/photos.html

"It's thrilling to be in operation. We want for all our shareholders to have an opportunity to see the operation in action, and sincerely want to express our gratitude for your loyalty as we have worked to bring this commencement to fruition. We plan to be keeping investors fully informed every step of the way, as we reach forthcoming milestones," stated Christopher Tarquinio, Chief Executive Officer, Osceola Gold, Inc.

Osceola Gold has opted to keep investors fully updated through the periodic uploading of photos to the Corporate website and its social media pages. In respect of Regulation Fair Disclosure, material news will be disclosed through publicly disseminated announcements.

Upon initiation of processing, drilling begins under the guidance of Distinguished Geologist, David Bending. The Mine's primary goal is to complete 6 to 8 core drill holes for the compiling of data required to file a National Instrument 43-101 ("NI 43-101") resource report and to Certify Mav G Values.

Osceola Gold has successfully completed its advanced satellite subsurface GeoScan evaluation. The GeoScan evaluation yielded results that revealed gold saturation in both target areas tested. Based on data derived through satellite deep scanning of the areas tested on the Mav g property, the first hotspot revealed an average of 5 - 8 grams per ton was discovered in terrain from 0 to 78 feet deep. The second hot spot which runs from surface to 13 feet deep on an average, revealed 15 grams or higher and two pay streaks underneath averaging 4 to 8 grams per ton.

Mining in the Osceola District, White Pine County Nevada, was launched in the 1870's and continues to this day. Major efforts were put forth in the late 1800's, 1930's and 1970's with both lode and placer mining striking success with the removal of considerable amounts of gold. Studies conducted throughout these periods indicate economically viable amounts of gold in both the bedrock and in particular, the placer deposits that remain. For more information: visit: http://www.nbmg.unr.edu/

About Osceola Gold: Osceola Gold Inc. is a public company listed on OTC Markets (OTC PINK: PYHH). The Company was formed to pursue Gold and precious metal mining opportunities in the surrounding area in the Osceola Gold mining district, located in White Pine County, Nevada; it is approximately 29 miles southeast of Ely. In addition to these claims. Osceola Gold Inc is leasing the mining rights to the Mav G mining claims, which run up the middle of a large alluvial fan which runs from Mary Ann Canyon into the Spring Valley. Osceola Gold Inc has also obtained all required permits.

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Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, 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, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements 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.

Contact Information

  • For Investor Relations Contact:
    Osceola Gold Inc.
    740- 275-4227
    Osceolagoldinc.com