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Buyer Group International Inc. (BYRG) is an entertainment company based out of Leander, Texas, United States. The company is focused on exploration at its flagship Shambhala Platinum Project in Albany County, Wyoming. The project consists of 84 lode claims covering 2.65 square miles in the New Rambler District. Phase One of the exploration program included a comprehensive surface sample campaign, generating geospatial heatmaps and identifying geochemical anomalies. The company plans to conduct further exploration, refine sampling, and map activities to locate potential drilling targets, with a vision of responsible stewardship and sustainable practices.
Buyer Group International (OTC PINK:BYRG), a junior miner focused on the Shambhala Project in Wyoming's New Rambler Mining District, has released a new video titled 'Unearthing History: A Descent into the Joker Mine.' The video explores the historical Joker Mine shaft, providing viewers with an inside look at this historical mining site. The company's Shambhala Project encompasses approximately 2.65 square miles of mineral rights in Albany County, Wyoming. CEO David Bryant invites shareholders and interested parties to watch the documentary-style exploration of the mine's history from its early operations to abandonment.
Buyer Group International, Inc. (OTC PINK:BYRG) has announced promising results from a USGS aeromagnetic survey conducted in spring and summer 2023 for its Shambhala Project in the New Rambler Mining District, Albany County, Wyoming. The survey revealed significant magnetic anomalies that align with the area's geological history and the company's exploration model, suggesting potential for heavily mineralized deposits.
Key highlights include:
- Three distinct magnetic anomalies identified, indicating potential zones for platinum group elements, copper, cobalt, and other minerals
- Correlation between anomalies and known geological structures increases likelihood of successful targeted drilling
- Company plans to proceed with an IP (induced polarization) survey to further examine the magnetic anomalies at depth and provide legitimate drilling targets
CEO David Bryant expressed confidence in the exploration approach based on these findings. The company aims to engage with stakeholders as exploration progresses.
Buyer Group International announced the cancellation of 1.05 billion shares, reducing total outstanding common shares by 12%. This move aims to increase shareholder value. The reduction includes 100 million free-trading shares, cutting the float by over 542 million shares since last year. Previous cancellations include 75 million shares in May 2024 and sizable reductions in January, December, and April 2023. CEO Dave Bryant stated that this aligns with the company's long-term commitment to enhancing shareholder value and reducing outside influence. Future updates include major permitting decisions and survey findings related to Project Shambhala.
Buyer Group International (OTC PINK: BYRG) will be featured in an interview on JRC StockTalk Live Stream on June 6, 2024. The interview will cover the company's efforts to reduce outstanding shares and enhance shareholder value. Key figures such as CEO Dave Bryant and Lead Geologist Justin Mistikawy will discuss the revitalization of the historic New Rambler Mine in Albany, Wyoming, which is central to Project Shambhala, BYRG's primary copper and PGM exploration initiative. The company will also outline its operational plans and goals for the upcoming mining season, including the start of the permitting process and maiden drilling program. The event will be interactive, allowing attendees to ask questions in real-time, with an archived webcast available later.