OTC Pink : BYRG
Buyer Group International, Inc. is actively advancing exploration at its flagship Shambhala Project in Albany County, Wyoming. Spanning 84 lode claims over 2.71 square miles in the historic New Rambler District, the project sits near the Cheyenne Belt, a well-known Greenstone Belt in the Medicine Bow Mountains rich in rare minerals.
A 2024 USGS aeromagnetic survey identified significant magnetic anomalies aligning with the district’s geological history and the company’s exploration model. These anomalies suggest the potential for platinum group element (PGE) mineralization, along with iron, copper, titanium, cobalt, and aluminum, supported by previous regional testing.
Building on these findings, the company is preparing for an induced polarization (IP) survey, a proven geophysical method to assess subsurface mineralization. This will help pinpoint viable drill targets for Phase 2 exploration.
With positive Phase 1b results, including systematic soil sampling and detailed geological mapping, the company has refined its focus on high-potential zones. Armed with these insights, final drill targets will be determined following IP testing, propelling the project into its next phase of development.
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