Buyer Group International, Inc. Releases the Shambhala 2024 Underground Exploration Plan & Maiden Drilling Proposal [Yahoo! Finance]
BUYER GROUP INTL INC (BYRG)
Company Research
Source: Yahoo! Finance
Plan for Project Shambhala, prepared by Justin Mistikawy and proposed to Groundhog Mining & Milling LLC. The Shambhala 71 adit exposes a mylonitic quartzofeldspathic gneiss that contacts with mafic-to-ultramafic metaigneous rocks that are variably deformed. We will study these orientations in greater detail during Phase 1B geologic mapping (referenced in Prior PR: Click Here ). Figure 1 displays field photos of the structures exposed in the Shambhala 71 adit with superimposed measurements. Following the expansion and stabilization of the Shambhala 71 adit, it would be ideal to complete three 300-foot-deep exploratory drill holes, for a total of 900 feet of core. Groundhog Mining & Milling Co., LLC ("Groundhog") will conduct diamond core drilling following all necessary modifications to the adit. Once set up and drilling (in the more horizontal ranges), Groundhog can recover anywhere between 50 and 100 feet of core per shift, depending on conditions. We currently estimate that drilli
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