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BCM Resources Corp
Symbol B
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Close 2026-08-17 C$ 0.56
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BCM extends copper mineralization at Thompson Knolls

2026-08-17 17:04 ET - News Release

Dr. Sergei Diakov reports

BCM COMPLETED DRILLING HOLE TK20 TO INTERCEPT STRONG PORPHYRY-SKARN MINERALIZATION AT ITS 100% CONTROLLED THOMPSON KNOLLS PROJECT, UTAH

Drilling of diamond drill hole TK20 was successfully completed to a depth of 4,317 feet (1,261 metres) at BCM Resources Corp.'s 100-per-cent-controlled Thompson Knolls project, in Utah's Millard county (see company news release dated Aug. 6, 2026, and the presentation available at Thompson Knolls discovery -- TK20 drill update).

TK20 added an extra 255 feet (77.7 metres) since the time of the previous news release. Some of this additional core displays visible copper mineralization, thus extending the total mineralized interval to 1,951 feet (594 metres). This extended interval consists of an intercalation of latite porphyry dikes and skarn displaying copper mineralization to a depth of 4,207 ft (1,282.2 m). Mineralization eventually transitioned into hornfels and marbles, reaching a final depth of TK20 at 4,317 ft (1,261 m) where it was terminated.

Dr. Sergei Diakov, president and chief executive officer of BCM Resources, commented, "We are delighted to see additional copper mineralization at the bottom of TK20 making this mineralized interval the longest and most highly mineralized intercept encountered to date at the Thompson Knolls project."

Additional highlights from hole TK20:

  • TK20 mineralized interval now stands at 1,951 ft (594 m);
  • Bottom of the hole went through mineralized tonalite and latite porphyry dikes intercalated with mineralized skarn and terminated in barren marble;
  • The sample preparation for TK20 drill core is continuing. Core processing productivity has been increased by introducing a second core-cutting shift;
  • With the completion of Hole TK20 closure, BCM will start drilling another vertical hole, TK21, which will be located approximately 250 m west of TK20 near previously drilled TK5. TK5 was lost in May, 2022, due to poor ground conditions, but the final two metres encountered appreciable copper sulphides.

Qualified person and QA/QC (quality assurance/quality control)

Richard R. Redfern, MSc, a certified professional geologist and a company 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 primarily focused on advancing exploration of its 100-per-cent-controlled Thompson Knolls porphyry Cu (copper), Au (gold), Ag (silver), Mo (molybdenum) discovery. The company also controls prospective copper, gold and molybdenum exploration projects in British Columbia. The company is managed by experienced and successful board members and advisers.

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