01:41:58 EDT Sat 18 May 2024
Enter Symbol
or Name
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CA



BCM Resources Corp
Symbol B
Shares Issued 189,353,145
Close 2023-09-05 C$ 0.115
Market Cap C$ 21,775,612
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BCM Resources stakes additional 31 claims at TK

2023-09-06 13:41 ET - News Release

Mr. Sergei Diakov reports

BCM EXPANDS LAND POSITION AT THE THOMPSON KNOLLS PORPHYRY CU-AU-MO DISCOVERY IN WESTERN UTAH

BCM Resources Corp. has staked an additional 31 claims in the southwest corner of the Thompson Knolls (TK) Cu-Au-Mo porphyry discovery.

Increased land position by 15 per cent

BCM has increased the size of its land position at its TK discovery by 15 per cent. BCM controls: i) 225 BLM (Bureau of Land Management) claims (unpatented lode claims covering 4,649 acres or 1,881 hectares), and ii) two state leases (891 acres or 361 ha). With this increase the company now controls a total land package of 5,540 acres (2,242 ha).

Dr. Sergei Diakov, BCM president and chief executive officer, stated: "We are very pleased with this additional land expansion at our TK porphyry Cu-Au-Mo discovery as we are preparing to execute the plan of operation approved by BLM in July this year. With these new claims the company will cover all critical prospective ground from geophysical interpretations and have a full control of the ground for a future large mining operation."

Drilling update

BCM is continuing execution of phase 3 drilling at TK project and preparing for drilling at DK as outlined in the plan of operation approved by BLM in July, 2023. The field team is finalizing data interpretation and preparation of samples from completed drill hole TK14 which will be submitted to the preparation facility of ALS lab in Elko, Nev., for processing and assaying.

Qualified person

Richard R. Redfern, MSc, certified professional geologist and 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 Corp.

BCM Resources is a diversified Canadian mineral exploration company focused on continued exploration of its Thompson Knolls porphyry Cu-Au-Mo (copper-gold-molybdenum) project discovery in Western Utah. TK is located approximately 210 kilometres southwest of Rio Tinto's giant Bingham Canyon porphyry copper-molybdenum-gold mine and smelter complex near Salt Lake City, Utah.

BCM also controls prospective copper, gold and molybdenum exploration projects in British Columbia. BCM Resources has a strong technical team with successful record of significant discoveries and is managed by experienced and capable board members and advisers.

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