Buyer Group Stock Price, News & Analysis

Buyer Group International, Inc. (BYRG) is a U.S.-based mineral exploration company focused on critical and strategic metals, with an emphasis on copper and platinum group metals (PGMs). The company trades on the OTC market under the symbol BYRG and concentrates its activities on the historic New Rambler Mining District in Albany County, Wyoming. According to company disclosures, its flagship asset is the Shambhala Project, a claim block that has been the focus of multi-year surface and underground exploration programs.

Core Projects and Exploration Focus

Buyer Group International describes itself as a mineral resource and exploration company targeting domestic critical mineral assets, including platinum group metals, copper, and rare earth elements. Its primary focus is the New Rambler–Shambhala claim block, which the company characterizes as a historically productive copper-PGM system and one of the only documented historic sources of platinum and palladium production in the continental United States. The Shambhala Project consists of 84 lode claims covering approximately 2.65–2.71 square miles of mineral rights in the New Rambler District, near the south edge of the Cheyenne Belt in the Medicine Bow Mountains.

The company highlights the New Rambler Mine and related workings, including the Shambhala #71 adit and areas such as the Joker Mine, as key historical and geological anchors for its exploration strategy. Historic production records cited by the company for the New Rambler area include copper, palladium, platinum, and gold, and Buyer Group International positions this district as a rare U.S. source of these metals.

Flagship Shambhala Project

The Shambhala Project is described as the company’s flagship mining project. It is located in Albany County, Wyoming, within the historic New Rambler District and near the Cheyenne Belt, a noted greenstone belt containing various concentrations of rare minerals. Company materials state that the project area hosts complexly deformed meta-igneous rocks ranging from ultramafic to granitic compositions, with structures and lithological contacts that are being mapped and sampled to define mineralized corridors.

Buyer Group International reports that it has carried out multi-phase surface and underground exploration programs at Shambhala. These include soil sampling, rock sampling, geological mapping, geophysical interpretation, and planning for underground drilling from existing adits. The company emphasizes that its technical work is aimed at identifying and refining geochemical and geophysical anomalies that could support a future resource estimate and potential development scenarios.

New Rambler Copper–PGM Focus

In its public communications, Buyer Group International describes a forward strategy centered on defining and potentially monetizing a high-grade copper and PGM resource at the historic New Rambler Mine, which forms part of the broader Shambhala claim block. The company references historic production between 1900 and 1919, including copper, palladium, platinum, and gold, and notes that these historic figures largely came from shallow zones.

The company also cites modern geophysical work, including an aeromagnetic anomaly aligned with historic shafts and workings, as a basis for its interpretation that significant mineralization may remain at depth. Internal conceptual modeling referenced by the company suggests the possibility of substantial polymetallic mineralization; however, Buyer Group International explicitly notes that such figures are conceptual exploration targets and are not compliant mineral resources under formal reporting standards. The company states that drilling is required to validate these conceptual targets.

Underground and Surface Exploration Programs

Buyer Group International outlines detailed plans for both underground exploration and surface exploration at Project Shambhala. On the underground side, the company has released an exploration plan for the Shambhala #71 adit that includes adit expansion and stabilization followed by diamond core drilling from underground workings. The stated objective of this drilling is to follow and cross mylonitic foliations and shear zones associated with hydrothermal alteration and vein PGE mineralization.

Core handling procedures described by the company include recovery of core, placement into labeled boxes, lithologic logging, selection of sample intervals, and submission of half-core samples to American Assay Laboratories (AAL) in Sparks, Nevada, for multi-element and PGE analysis. These steps are presented as part of a systematic approach to building a technical dataset on the mineralized system.

On the surface, Buyer Group International has reported a Phase 1a and Phase 1b exploration sequence involving rock and soil sampling and geological mapping. The company notes that initial work identified two geochemical anomalies within the Shambhala claims area, and that subsequent Phase 1b work collected over 150 soil samples on a systematic grid, along with detailed mapping of structural features and lithological contacts. The company reports elevated concentrations of PGEs and base metals in multiple zones and indications of mineralization extending both north of the Shambhala #71 adit and into southern parts of the claims.

Permitting and Environmental Compliance

Buyer Group International has also reported progress on permitting and regulatory approvals for its activities at the Shambhala Project, particularly for the New Rambler Re-dig Project at the Shambhala #71 claim. The company states that the Wyoming Department of Environmental Quality – Air Quality Division has issued final authorization under a specific regulatory section, confirming that air quality standards have been met for the planned operations, subject to administrative requirements.

In addition, the company reports that the Wyoming Game and Fish Department has confirmed that the project is compliant with state executive orders related to Greater Sage-Grouse core area protection and migration corridor protection for mule deer and antelope, and that the proposed exploration area lies outside designated sensitive habitat zones. Buyer Group International characterizes these outcomes as evidence of a low environmental impact design and responsible planning. A final review by the U.S. Forest Service is described as ongoing, with the company working with partners to complete remaining items needed for full clearance.

Corporate Strategy and Capital Structure Actions

In its shareholder communications, Buyer Group International describes itself as a junior mining company that manages limited capital while seeking to advance both operations and technical understanding of its flagship property. The company highlights the use of restricted private placements to support exploration work and emphasizes a focus on disciplined financial management.

The company has also reported multiple actions to reduce outstanding common shares. These include the cancellation and retirement of large blocks of shares back to treasury over a multi-year period, with the stated goal of fortifying its capital structure and enhancing shareholder value. Buyer Group International discusses ongoing negotiations related to a significant share block held in connection with historical offshore banking and bankruptcy proceedings and indicates that resolution of this matter is part of its effort to address legacy issues associated with the BYRG ticker.

Corporate Governance and Technical Team

Buyer Group International has announced the expansion of its corporate leadership and technical team in support of Project Shambhala. The company reports the addition of roles such as Corporate Secretary, Chief Financial Officer, Head of ESG, and Lead Geologist. It highlights experience in structural and ore geology, petrology, geostatistics, geospatial analysis, and corporate finance and reporting among these appointees.

The company also notes that it is funding advanced academic work in geology related to the historic New Rambler area, with the intention of deepening the technical understanding of the district. These steps are presented as part of a broader effort to prepare for expanded exploration and potential development activities at Shambhala.

Historical and Educational Content

In addition to technical and corporate updates, Buyer Group International has produced historical and educational content about the New Rambler District and associated mines. One example is a video presentation titled "Unearthing History: A Descent into the Joker Mine," which the company describes as an immersive exploration into the Joker Mine shaft, highlighting the historical significance and stories associated with the site. This type of content is positioned as a way to connect shareholders, history enthusiasts, and other interested parties with the heritage of the district in which the Shambhala Project is located.

Business Model Orientation

Based on its public statements, Buyer Group International’s business orientation is toward exploration and potential development of critical mineral resources within the United States, with a particular emphasis on copper and PGMs in the New Rambler–Shambhala area. The company describes a phased approach that includes data-driven exploration, geophysical surveys, drilling, and conceptual development plans. It also references the possibility of utilizing third-party toll milling partners in some of its forward-looking conceptual models, while noting that such scenarios depend on successful exploration and validation of targets.

Throughout its communications, Buyer Group International underscores the strategic importance it ascribes to domestic sources of copper and PGMs for energy, defense, and electrification supply chains, and frames the Shambhala–New Rambler system as a potential contributor to these sectors, subject to further exploration and technical validation.

Project Shambhala and the New Rambler District

The company repeatedly identifies Project Shambhala as being located in the historic New Rambler District, described as Wyoming’s only documented source of high-grade platinum and palladium. The district lies near the south edge of the Cheyenne Belt in the Medicine Bow Mountains, an area known for various rare minerals. Buyer Group International’s stated long-term vision includes reviving the historically producing New Rambler District through modern exploration techniques, geophysical surveys, and systematic sampling and drilling programs.

According to the company, recent ground exploration and U.S. Geological Survey aeromagnetic data suggest potential extensions of mineralization within the Shambhala claim block, prompting plans for expansion of exploration efforts into newly identified zones. These activities are framed as part of a methodical process aimed at understanding the scale and geometry of mineralization before any development decisions.

Position Within the Basic Materials Sector

Buyer Group International is categorized in the Basic Materials sector and the Other Precious Metals & Mining industry. Its focus on copper and PGMs, along with references to rare earth elements and other rare minerals in the Cheyenne Belt, places it within the subset of companies targeting critical mineral exploration. The company’s emphasis on U.S.-based projects and critical metals aligns with its stated objective of contributing to domestic supply chains, while its junior miner status reflects an emphasis on exploration and early-stage project advancement rather than established large-scale production.

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