SHERIDAN, Wyo., Aug. 15, 2022 (GLOBE NEWSWIRE) — Buyer Group International, Inc. (OTC PINK:BYRG) is pleased to announce several high-quality intercepts from the flagship “Shambhala” exploration project utilizing the latest portable model of XRF technology on the market: Vanta Handheld XRF Spectrometer.
Strong points :
860 ppm of cobalt and 4,660 ppm of zinc intercepted by the outcropping feet of Shambhala #71 tunnel.
9620 ppm titanium, 113 ppm palladium, 14 ppm rhodium intercepted via tailings piles around Shambhala #71.
49 ppm platinum and 15 ppm rhodium intercepted via the Shambhala #71 drift targeting the putative vein material. Rhodium successfully intercepted 4 out of 4 attempts for a 100% success rate.
The XRF tests carried out on the entire property aimed to target the presence of high-grade PGM mineralization. Shambhala #71 Adit/Tunnel, surrounding outcrops and tailings piles were all closely inspected to perform these tests. XRF results from all three locations returned a number of readings that warrant the continuation of an extensive exploration program. Ore rock samples were also collected from the three target locations for third-party testing and further confirmation of these XRF results. The buying group, in addition to this, had set a date of August 8 for Steven Cyros of Red Beryl Mining Company, Inc. to be on site. The purpose of this again being further analysis of these XRF results and their corresponding locations. The main focus being on the platinum vein seen in Shambhala #71. Steven Cyros spent the week working alongside Buyer Group to plan a larger exploration program based on these new discoveries.
On the XRF results, Buyer Group CEO David A. Bryant commented, “We couldn’t be more excited, last year we felt like we left Shambhala somewhat empty-handed. Severe snowstorms forced an early exit and insufficient testing. This year we and the investors have received the necessary results, we are on track, there is high grade PGM mineralization present in and all around Shambhala!
The full technical report of these results is available on our new website:
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International Buyers Group, Inc.
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