BCM Resources Corporation (TSX-V: B) has acquired an additional 1,346 hectares of mineral claims adjacent to the Shan Property 20 km. northeast of Terrace BC. This brings the total area of the Shan claims to 3,029 hectares at this exciting molybdenum discovery in NW British Columbia.
Recheck samples on two high-grade samples on the Shan Property have yielded molybdenum grades of 0.885% Mo and 0.36% Mo (sample SH130 sub-crop and SH153 float, respectively). These samples were taken during the summer exploration program at the Shan and initially reported in the Company's News Release dated October 12, 2006 as grading greater than 0.2% Mo.
President & CEO
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Forward Looking Statements: Statements in this news release are forward-looking statements .Forward-looking statements include without limitation, statements regarding the company's plans, goals or objectives and future completion of mine feasibility studies, mine development programs, capital and operating costs, production, potential mineralization and reserves, exploration results and future plans and objectives of BCM. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will,", "expect," "intend," "estimate," "anticipate," "believe," or "continues" or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from expectations include risks associated with mining generally and pre-development stage projects in particular including but not limited to changes in general economic conditions, litigation, legislative, environmental and other judicial, regulatory, technological and operational difficulties, labor relations matters, foreign exchange costs & rates. Potential investors should conduct their own investigations as to the suitability of investing in securities of BCM.