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BCM Resources Corp
Symbol B
Shares Issued 89,014,403
Close 2022-09-30 C$ 0.135
Market Cap C$ 12,016,944
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BCM Resources begins magnetic survey at Thompson

2022-10-03 12:14 ET - News Release

Dr. Sergei Diakov reports

BCM ANNOUNCES THE INITIATION OF A DRONE-SUPPORTED, DETAILED MAGNETIC SURVEY AT THE TK GREENFIELD CU-AU PORPHYRY PROJECT, UTAH, USA

BCM Resources Corp. has initiated an airborne drone-supported magnetic survey at its Thompson Knolls (TK) greenfield copper-gold-silver-molybdenum (Cu-Au-Ag-Mo) project in southwestern Utah, United States.

Following the expansion of the TK land position via claim staking (see press release of March 3, 2022). Last week, the Company began the drone-supported aeromagnetic survey over the newly acquired claims. The detailed survey (line spacing of 100 m) is anticipated to better delineate existing magnetic targets for our focused drilling of the mineralized TK intrusion extensions and potentially generate additional magnetic targets in the area. The survey is expected to be completed by October 8, 2022.

Newly generated geophysical data will be merged with the existing project magnetic data and then processed to produce a 3D model of the TK mineralized porphyry system. We expect that this magnetic survey will help the Company's efforts to identify the location of the potassic core with associated high-grade copper mineralization.

President Dr. Sergei Diakov indicated, "TK Cu-Au-Ag-Mo porphyry system is entirely "blind" and has a significant size extension potential which means that we need to use all the tools in our exploration toolkit to vector to the copper core of the TK porphyry system. This magnetic survey will help us to delineate the extensions of the mineralized intrusion on the newly acquired ground and assist our technical team vectoring drilling to the highly mineralized potassic core of the system."

The greenfield TK Cu-Au-Ag-Mo porphyry project is located approximately 210 km southwest of Rio Tinto's giant Bingham Canyon porphyry copper-molybdenum-gold mine and smelter complex near Salt Lake City, Utah. It is accessed by a highway and then by a network of gravel roads.

Qualified Person

The Company's Director, Mr. Richard R. Redfern, M.Sc., and Certified Professional Geologist, a "qualified person" for the purposes of National Instrument 43-101, has verified and approved the information contained in this news release.

About BCM Resources Corporation

BCM Resources Corporation is a diversified Canadian mineral exploration company focused on the continued exploration of the Thompson Knolls Porphyry Cu-Au-Mo project. BCM also controls prospective Copper, Gold, and Molybdenum exploration projects in British Columbia. BCM Resources is managed by experienced and successful board members and advisors. For further information, including area maps, sections, and photos, please visit our website at www.bcmresources.com or contact us by e-mail at info@bcmresources.com.

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