AUSTIN, Texas, March 18, 2013 /PRNewswire/ -- Buyer Group
International, Inc. (OTCPINK: BYRG) announces the following:
"Recently, we reviewed our interest in the property in
Wyoming for potential for upgrade
in the reporting of mineral occurrences. We feel it's in the
interest of disclosure we release the information to the
shareholder so they can see what the record has indicated to us all
along," said BYRG CEO David
Bryant.
Mr. Bryant continued, "The reports generated in 1994 and
confirmed in 2001 are indicative of the depth of the test drilling
and level of materials sampled. Subsequent assays were done
over the years with various labs indicating the results from
various depths. Some will be notated and others will not.
However, most of the depths seem indicative of showings from ore
head sampling."
"In the effort to compile this data, we spoke with the drillers
who agreed to re-drill the site and re-specify cross sections so we
could develop a comprehensive report. The cost would be
between $300,000 and $500,000 to
complete. We believe the project merits these expenditures
due to the nature of the finds at the several drill locations,"
said the CEO David Bryant.
See reports at: http://www.otcmarkets.com/stock/BYRG/filings
Pre 1998 - DCP Analysis by Rare Metals Corp. (from previous
joint venture efforts)
Au 12.002
Pt 8.761
Rh 61.873
Pd 70.422
Ir 11.391
Re 14.883
1998 Report by Global Ventures (3- sample)
*Disclaimer – Global Ventures notes they do not think they will be
able to perform a 100% recovery similar to the sampling, but 50% is
probable as the sampling showed similar on all 5 sampling
machines.
1.6 gram sample (Aqua regia):
Pt: 1875 opt
Au: 135 opt
Rh: 675 opt
Pd: 240 opt
15.7 gram sample (Aqua regia):
Pt: 524 opt
Au: 50 opt
Rh: 278 opt
Pd: 32 opt
Sample #3 Fire Assay - .5 opt
Sample #3 Copper Collector Proprietary Flux:
Pt: 394 opt
Au: 84.7 opt
Rh: 329.9 opt
Pd: 73.1 opt
Metallurgical Research and Assay Laboratory (4/19/01):
Au: 4.95 opt
Ag: n/a
Pt: 15.84 opt
Rh: 47.52 opt
Os: n/a
Ru: n/a
Pd: 4.09 opt
Ir: 138.48 opt
Metallurgical Research and Assay Laboratory (6/22/01):
Au: 1.69 opt
Ag: 23.09 opt
Pt: 22.29 opt
Rh: 30.46 opt
Os: 82.18 opt
Ru: 10.72 opt
Pd: 2.63 opt
Ir: 33.63 opt
It is important to note that BYRG has a minority interest in the
Trust that holds title to this property and is providing
information as represented to BYRG. See BYRG public
disclosure for full details. Completion of the proposed
transactions and development of this property are dependent upon
many important contingencies, including BYRG obtaining financing
and guarantees, of which there is no assurance.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Buyer Group
International, Inc. that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be",
"expects", "may affect", "believed", "estimate", "project" and
similar words and phrases are intended to identify such
forward-looking statements. Buyer Group International, Inc.
cautions you that any forward-looking information provided by or on
behalf of Buyer Group International, Inc. is not a guarantee of
future performance. Completion of the transaction is dependent upon
important contingencies, including completion of financing, of
which there is no assurance. None of the information in this
press release constitutes or is intended as an offer to sell
securities or investment advice of any kind. Buyer Group
International, Inc.'s actual results may differ materially from
those anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond Buyer Group
International, Inc. 's control. In addition to those discussed in
Buyer Group International, Inc.'s press releases, public filings,
and statements by Buyer Group International, Inc.'s management,
including, but not limited to, Buyer Group International, Inc.'s
estimate of the sufficiency of its existing capital resources,
Buyer Group International, Inc.'s ability to raise additional
capital to fund future operations, Buyer Group International,
Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities, and in
identifying contracts which match Buyer Group International, Inc.'s
capability to be awarded contracts. All such forward-looking
statements are current only as of the date on which such statements
were made. Buyer Group International, Inc. does not undertake
any obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
Company website: www.byrg.org
Media Contact:
Heidi Gillion
Heidi@pr-publicrelations.info
Telephone: 323-250-9904
ir@byrg.org
SOURCE Buyer Group International, Inc.
