Business
Buyer Group International, Inc. Engages Groundhog Mining and Milling Company, LLC, to Begin Permitting the Planned Development of Shambhala #71 to Kick Off the 2024 Season in the Spring
Buyer Group International, Inc. Engages Groundhog Mining and Milling Company, LLC, to Begin Permitting the Planned Development of Shambhala #71 to Kick Off the 2024 Season in the Spring.
About this update from Buyer Group International, Inc.
[{"type":"text","content":"SHERIDAN, WY / ACCESSWIRE / January 18, 2024 / Buyer Group International, Inc. (OTC PINK:BYRG) is pleased to announce the signing of an official agreement with Groundhog Mining and Milling Company. The initial goal is to establish contact with known regulatory and management agencies having jurisdiction over access and exploration operations on the property described as Shambhala #71 in the New Rambler Mining District of Albany County, Wyoming (Sections 03 through 06, T14NR79W, and Sections 19 through 22 and 27 through 34, T15NR79W, in the Medicine Bow Mountain Range) to determine permitting requirements. Groundhog then will assist in the development and submission of plans, permit applications, and/or the conduct of necessary studies once the requirements are determined.For the starting plan, we are evaluating the use of the existing adit as a point of entry for additional underground exploration and drilling. The construction of the portal pad will result in an actual disturbance area of less than 2 acres. To eliminate unauthorized access to the existing 100-foot tunnel, we will secure a new portal, including a mine door. This plan may include both surface and underground drilling.The primary purpose of underground drilling is to verify the continuity of the downward dip of the vein at depth. If underground drilling is deemed feasible, traditional mining techniques will be used to widen the existing tunnel and construct underground drill pads. A possible future purpose is to connect with the underground mine complex of the old New Rambler Mine tunnels that run near or under existing claims.CEO Dave Bryant of Buyer Group International, Inc. enthusiastically announced the addition of Nathan Hunt and his Groundhog team to the Shambhala Project. "Two years ago, we had a meeting with Nathan and Groundhog to scope this project, now coming to fruition with this specific task. I had, at the time, a very good feeling we would be able to expand the existing adit into a portal, but we had made the correct choice to allocate funds towards conducting additional exploration, testing, and obtaining independent confirmation of the geochemical anomalies found on the BYRG property. Now we have a high degree of certainty we're on the right path and close to our goal of finding the best areas to drill. This endeavor yielded remarkable result...