BCM Resources Corp announces Phase 3 Exploration Plans, TK Cu-Au Porphyry project, Utah, USA
Vancouver, BC, September 08, 2022 – BCM Resources Corp (“B” or the “Company”) would like to inform shareholders on the details of its Phase 3 exploration drilling planned at its Thompson Knolls (TK) greenfield Cu-Au-Ag-Mo project in the southwestern Utah, USA. It is expected that Phase 3 drilling at TK will begin in October.
President Dr. Sergei Diakov stated, “We are looking forward to this newly permitted phase of drilling at the TK Cu-Au-Ag-Mo porphyry system. Phase 3 drilling will help us with the search for the copper core of the porphyry system. Our focus will be directed both on the central and eastern part of the porphyry system.”
The company has received permits from the BLM to drill additional 7 diamond drill holes for 24,200 feet (~7.4 km) with the proposed drill hole locations in Fig 1.
Figure 1. TK project plan view with the location of drill holes completed by BCM (Phase 1 & 2 drill programs) in grey-blue and planned drill holes (Phase 3 drill program) in green.
TK Phase 3 Program Design
Phase 3 drilling program will be directed at vectoring in towards a potential Cu-rich core and testing several targets from the western to the eastern flank of the project as follows:
- TK8 will be drilled to a depth of 4000 ft (~1220 m ) and is designed to reach the mineralized intrusion beneath the mineralized skarn previously intercepted in TK5. It will be an 800 ft (~245 m) step out to the west from TK3A.
- TK7 will be directed at testing the most intensively magnetic part of the TK porphyry intrusion and will have a projected length of 3000 ft (~915 m). TK7 is a 1457 ft (~444 m) step-out south-southeast from TK3A.
- Holes TK9, TK10 & TK11 are positioned along the northern edge of the porphyry intrusion to test the potential for intensely mineralized skarns along the northern contract of the intrusion with the host carbonate rocks. TK9 will be drilled to 4000 ft (~1220 m) whereas TK10 and TK11 will be drilled to 3600 ft (~1100 m).
- TK12 and TK13 will test the eastern flank of the TK porphyry intrusion and each hole will be drilled down to 3000 ft (~915 m).
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.
ON BEHALF OF BCM RESOURCES CORP.
Dr. Sergei Diakov
President & Director
For further information, please contact:
Investor relations 604-646-0144 ext. 222
info@bcmresources.com
www.bcmresources.com
Caution Concerning Forward-Looking Statements:
This news release and related texts and images on BCM Resource Corporation’s website contain certain “forward-looking statements” including, but not limited to, statements relating to interpretation of mineralization potential, drilling and assay results, future exploration work, and the anticipated results of this work. Forward-looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metals prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical, governmental, social, or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the company’s projects; uncertainties involved in the interpretation of sampling and drilling results and other tests; the possibility that required permits and access agreements may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions, and; the possibility of cost overruns or unanticipated expenses in these exploration programs.