OTC Pink : BYRG
Buyer Group International, Inc. is targeting exploration at its flagship mining project Shambhala in Albany County, Wyoming. The Shambhala Project consists of 84 lode claims, 2.71 square miles in the historic New Rambler District. The district is located near the south edge of the Cheyenne Belt, a noted Greenstone Belt of the Medicine Bow mountains, which contains various concentrations of rare minerals.
Geologic investigation of the Shambhala Project claims area near Albany, WY, in summer 2023 revealed a complexly deformed bedrock geology consisting of meta-igneous rocks that compositionally range from ultramafic-to-granitic. Mining shafts and prospect pits in the area focus on variably striking mylonitic foliations in mafic-to-ultramafic host rocks. These foliations define many narrow and intense shear zones that occur throughout the area.
Following geostatistical analyses of the returned surface sample assay data, two geochemical anomalies in the Shambhala Project claims area were identified as meriting further investigation: (1) a base metal hotspot spatially coincident with altered mafic-to-ultramafic rocks just north (~1,400 ft) of the Shambhala 71 adit; and (2) a sharp geochemical discontinuiy that represents a roughly southwestern to northeastern break in geochemistry and geology. This break is currently interpreted to be a shear zone or sharp contact between older mafic-to-ultramafic rocks and a younger quartz monzonite, or some combination of the two, i.e., a contact that was exploited as a structural weakness upon tectonic forcings.
Frontier Platinum Group
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