Investment Highlights – Treasure Canyon Lode

10 mining claims covering 200 acres of mineral deposits centered on the world-class Lights Creek Mining District of Plumas County, CA.
Production Project – an estimated 10,000 ounces mined historically.
Claims current, Plan of Operation filed.
High-grade gold; assay showing 29+ ounces/ton gold (822+ g/t Au).
5 identified heavy multi-metal veins of (primarily gold with silver, PGM, base and rare earth metals).
3rd party geological appraisal indicates ~3.6 million gold ounces from only 2 veins; Valued at $4.3 billion at $1,200/oz gold at time of appraisal ($6.8 Billion at $1900/oz gold).
Minimal Capex to Production: Mining tunnel timbers burned in forest fire, collapsing tunnel; easily cleaned, reconstructed with steel and concrete to re-start mining operation – production in weeks, not years.
Extensive placer gold, “the low hanging fruit”.
Great infrastructure, mining-friendly jurisdiction, major city.
Expansion potential for deposit and adjacent property acquisitions.
Seasoned team, including company officers working project for several years to understand deposit.

Treasure Canyon Lode

EON Discovery, a Buscar (OTC: CGLD) company, was created to be the operating entity for the Treasure Canyon Lode project.
Claims are in place and valid, EPA studies have been passed, Regional Water Quality Board has given approval, Mining Plan of Operation awaiting approval from the Forest Service.
Discovered in 1920 approximately 2 hours from Reno, NV providing excellent access and infrastructure to a world-class district in a mining-friendly jurisdiction.
200 acres, 10 mining claims worked by EON Mining officer since 1999
Lode claims encompass vein deposits of gold, silver, platinum and other valuable minerals; placer deposits of gold, silver and platinum; and porphyry copper deposits.
5 identified veins
Geophysical studies to date mapping the surface expression of mineralization indicate a very wide zone of mineralization surrounding the veins, as wide as 120 feet. This is due to hot fluid alteration of the surrounding country rock when the quartz veins were emplaced.
Trenches and test holes support a thesis of strong mineralization.
rd party geologist appraisal based upon 2 of 5 veins (the Otto and Ada veins) estimated reserves of ~3.6 million gold ounces for a value of $4.3 billion at $1,200/oz gold at time of appraisal, which has since climbed to over $6.8 Billion at $1900/oz gold.
Significant expansion opportunity – planned geophysical survey will further define mineralization and vein extensions and identify targets for core drilling.
Excellent infrastructure: on-site water (creek), County road through claims, power line less than 5 miles away

Vein	Volume (yds)	Tons	Avg Grade (oz/ton)	Reserves (ounces)	Value @ $1200/oz for gold
Otto Vein	1,707,778	3,415,556	0.5	1,707,778	$ 2,049,333,60003
Ada Vein (west side)	540,000	1,080,000	1.0	1,080,000	$ 1,296,000,000
Ada Vein (east side)	407,000	814,000	0.5	407,00	$ 488,400,000
North South Vein	57,778	115,556	0.25	28,889	$ 15,888,950
Placer Deposit	28,889	57,778	0.5	28,889	$ 34,666,800
Other Minerals				345,000	$ 414,000,000
Total Reserves				3,597,556	$ 4,298,289,350

Note: the calculations presented here are based on concentrations of gold from creek level to the top of the mapped veins. They do not take into account the extension of the veins to any depth except for the North-Soult Vein (100 foot of dept) and the Placer Deposit (average of 15 foot of dept). Vein widths presented here and Average Grade are below those identified on the surface or during exploration to account for lower values found on the extreme sides of the veins.

* North-Soulth Vein contains Platinum Group Minerals (PGMs) with Palladium the most abundant mineral. Reserves noted in this table are in ouncers of Palladium at $550 per ounce.

Short Path to Production

TCEI has now formed a JV resulting in the creation of EON Discovery to expeditiously advance Treasure Canyon into a producing mine.
It is estimated that it will take just two weeks to clear the collapsed tunnel while widening it for modern machinery and supporting it with steel and concrete. This can be accomplished with minimal capex and can start immediately upon machinery arrival on-site.
Small Miner Waiver for claims requires claim holders to do annual assessment work which will include testing the ore that comes out of the mine. Approval for Phase 1 of the Plan of Operations will allow full scale mining of 5-10 tons per day.
Placer mining also to be conducted early in the development of the mine to generate operational cash flow
Ore to be processed locally via gravity separation method (optimal method for collecting different metals)
Plan is processing 5 tons of ore per day (TPD), increasing to 50 TPD
Expected yield of 0.25 –0.50 ounces of gold per ton (7.08 g/t –14.16 g/t Au), imputing a total of approximately 37.5 –75 ounces of gold per month, or $67,500 - $135,000 per month at $1,800/ounce gold.

Additional Exploration Work

Initial exploration work: Helicopter -based VTEM (versatile time-domain electromagnetic) survey.
Optimalgeophysical survey for rugged terrain.
Detects gold-bearing zones down to 2,130 feet below surface.
Pinpoint drilling locations and target drill depths.
Evaluate potential for extension of known veins to the west, northwest and northeast.
A minimum of 5 core holes planned for first drilling program, including the high potential prospect area at the intersection of the Otto and Ada veins.

One-Time Expenses

Mid-Aug. 2021

Start getting back into the ore; this includes a small sample mill of 1-2 tons per hours (TPH) to evaluate gold return
$325,000 (One-time expense plus Salaries)

Sept. 2021

Purchase land for staff to stay on; make road and pads, drill well, install septic, install electricity. ($90,000) (One-time expense)
Geophysical fly-over (VTEM survey), this initiates the requisite work for a NI 43-101 report ($115,000) (One-time expense)
Bonding for Surface Mining and Reclamation Act to California: Unknown (One-time expense)
Bonding to US Forest Service for equipment: Unknown (assume 10% of cost to remove equipment: $7,500) (One-time expense)
$212,500 (+ SMARA bonding)

Nov. 2021

Purchase 2 new Bobcats, concrete buster, 2 jack drills and compressor (One-time expense)
$185,000

Nov. 2021 (cont.)

Commence work on quartz vein
Add second team to work on vein and north side of vein ($12,000)
Training and PPE for new staff ($2,500) (One-time expense)
Contract a blasting company for work on vein ($6,000)
$20,500

Nov. Dec. 15, 2021 – Jan. 15, 2021

Pause work for holiday, except for security at site and requisite work to gain approvals for a planned core drilling program and keeping county road open year-round
New Plan of Operation (required for upcoming drilling program)
Training and PPE for new staff ($2,500) (One-time expense)
Contract a blasting company for work on vein ($6,000)
$14,000

Jan. 2022

Purchase a third Bobcat and concrete buster ($85,000) (One-time expense)
Increase staff, two crews working full-time on quartz vein (one on south side, one on north side) ($12,000)
Training and PPE for new staff ($2,500) (One-time expense)
$97,500

Mar. / Apr. 2022

Prepare ground, site laboratory for drilling program
Commence a 5-hole (1,000 feet/hole) drilling program; program will provide 100 samples per hole for evaluation (start date contingent upon regulatory approvals) (One-time expense)
Drill data to be the basis NI 43-101 report
Bonding to US Forest Service: Unknown (assume 10% of cost to reclaim drill sites and roads: $5,000) (One-time expense)
$1,500,000 (covers completion of drill program)

Mar. / Apr. 2022 (cont.)

Initial drilling supporting location to sink a shaft on the west side of Lights Creek
Shaft will require headframe and hoist ($100,000) (One-time expense)
Bonding to US Forest Service: (assume 10% of cost to remove equipment: $2,500) (Onetime expense)
Special reinforcing for vertical shaft: ($5,000) (One-time expense)
$117,500

May 2022

Re-work mill to increase capacity, upgrade equipment from 2 TPH to 5-10 TPH. Potential daily output is 50-75 TPD. By end of year, increase output to 100 TPD. (One-time expense)
$150,000