FOR IMMEDIATE RELEASE
July 12, 2017
BCM Resources Corporation Updates Thompson Knolls Drill Plans
Vancouver, BC - BCM Resources Corporation (TSX-V: B), the "Company" announces that approval has been received from the BLM and the State of Utah for its revised drill pad and drill hole locations and for the depth of the planned diamond drillholes for its initial diamond drill exploration program at the Thompson Knolls copper-gold Porphyry project in Utah.
The initial two diamond drill holes are planned to test the main Cu-Au Porphyry Target in the northern part of the Thompson Knolls property area. Geophysical work and interpretations have led to the identification of the main Cu-Au Porphyry Target, which is interpreted as a possible large buried granitic porphyry intrusive body, with peripheral lead-zinc-copper mineralization interpreted as a classical lead-zinc shell around the intrusive target. The geochemical data from rock chip samples taken around the property and from historic drillholes on the property are consistent with a porphyry copper-gold signature.
The Company initially plans to test this exploration concept by drilling two core holes to depths of 3,000 feet (915 metres) each, approximately 2,000 feet (610 metres) apart. Additional holes are planned for both the main porphyry target, and also to test the high-grade gold system and adjoining copper-silver system in the southern part of the Thompson Knolls property, which was discovered by Centurion Mines in 1996.
A Drill-targets map is posted on the Company's website.
VP Exploration and Director, Richard R. Redfern, M.Sc. and Certified Professional Geologist, a "qualified person" for the purposes on National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release, and evaluated the interpretations contained in this news release.
About BCM Resources Corporation
BCM Resources Corporation is a diversified Canadian mineral exploration company focused on identifying, acquiring, advancing, and joint venturing prospective Copper, Gold, and Molybdenum exploration projects in British Columbia and Utah. BCM Resources is managed by experienced and successful board members and advisors. For further information, including area maps, sections, and photos, please visit our web site at www.bcmresources.com or contact us by e-mail at info@bcmresources.com.
On Behalf of the Board of Directors:
Dale McClanaghan,
President and Chief Executive Officer
For further information please contact:
Investor Relations,
Telephone: 1 (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; the possibility of cost overruns or unanticipated expenses in these work programs.
Forward-looking statements contained in this release are based on the beliefs, estimates, and opinions of management on the date the statements are made. There can be no assurance that such statements will prove accurate. Actual results may differ materially from those anticipated or projected. BCM Resources Corporation undertakes no obligation to update these forward-looking statements if management's beliefs, estimates, opinions, or other factors, should change.
This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.
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