Welcome to our dedicated page for Buyer Group news (Ticker: BYRG), a resource for investors and traders seeking the latest updates and insights on Buyer Group stock.
Buyer Group International, Inc. (BYRG) generates a steady flow of news centered on its Shambhala Project in the historic New Rambler Mining District of Albany County, Wyoming. As a U.S.-based junior mining and mineral exploration company focused on copper and platinum group metals, its announcements often detail technical progress, permitting milestones, and corporate developments tied to this flagship asset.
News coverage for BYRG frequently includes updates on surface and underground exploration programs, such as soil and rock sampling campaigns, geological mapping, and plans for underground core drilling from the Shambhala #71 adit. The company also reports on geochemical and geophysical findings, including identified anomalies and indications of mineralization extensions within the Shambhala claim block.
Another key theme in Buyer Group International’s news is regulatory and permitting progress. Releases have described authorizations from the Wyoming Department of Environmental Quality’s Air Quality Division and compliance confirmations from the Wyoming Game and Fish Department, along with ongoing review by the U.S. Forest Service for the New Rambler Re-dig Project at Shambhala #71.
Investors following BYRG can also expect corporate and capital structure updates, including share cancellation actions, shareholder letters, and board and management appointments aimed at supporting a growing exploration program. The company occasionally publishes historical and educational content, such as a video exploration of the Joker Mine, to provide additional context on the New Rambler District. This news page brings together these operational, technical, regulatory, and corporate announcements for readers tracking the evolution of the BYRG story.
Buyer Group International (OTCID:BYRG) has secured key permitting approvals for its New Rambler Re-dig Project at the Shambhala #71 claim location in Albany County, Wyoming. The company has received authorization from the Wyoming Department of Environmental Quality - Air Quality Division and compliance confirmation from the Wyoming Game and Fish Department for its Copper-Platinum Group Metals (PGM) Project.
The project scope includes portal rehabilitation, underground drilling access, and construction of supporting infrastructure. A final review from the U.S. Forest Service is pending. The project aims to develop a domestic source of copper and PGMs, targeting high-grade copper mineralization in a historic underground mining district.
Buyer Group International (BYRG) has announced a significant 46% reduction in outstanding shares, decreasing from 7.84 billion to 4.22 billion shares. The company, focused on the Shambhala Project in Wyoming's New Rambler Mining District, detailed multiple share cancellations over the past 24 months.
The company's 2025 Letter to Shareholders highlighted their second year of exploration at Project Shambhala, which yielded promising results for an initial resource estimate. BYRG expanded its leadership team in 2024 with new positions including CFO and Lead Geologist. The company continues negotiations regarding 552,175,879 free-trading shares with BNY bankruptcy liquidators.
For 2025, BYRG plans Phase 2 IP Testing in spring, followed by maiden drilling in Q3 2025. The company aims to revive the New Rambler District, Wyoming's only documented source of high-grade platinum and palladium, with recent surveys indicating mineralization extending southward.
Buyer Group International (OTC PINK:BYRG) has completed its Phase 1b soil sampling and geological mapping program at the Shambhala Project in Albany County, Wyoming. The program, conducted from June to September 2024, collected over 150 samples on a systematic 300 x 300 ft grid across priority target areas.
Key findings include elevated concentrations of PGEs (approximately 10x average crustal level) and base metals in multiple zones, particularly north of the No. 71 adit and southern claims area. The detailed geological mapping identified multiple structural features and lithological contacts, expanding known mineralization corridors.
The company plans to integrate Phase 1b data with historical exploration and recent geophysical surveys to determine high-priority drill targets for the upcoming Phase 2 program, scheduled for Q3 2025, subject to permitting and funding.
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.
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