BCM Resources Corporation (TSX-V: B) reports that the phase one drilling on the Shan molybdenum property located 20 km NE of Terrace, British Columbia has commenced. A program of up to 14 holes is planned to test the southwestern part of a broad, 800 m by 500 m area of molybdenum mineralization defined by a 1971 soil geochemical survey and subsequent mapping and sampling by BCM during the 2006 field season.
The recent surface mapping and sampling by BCM located widespread moderate to high grade (up to 0.572%) molybdenum mineralization in the area of the strongest anomalies found by the 1971 soil survey. (refer to press releases dated October 2 and October 12, 2006). The northeast part of the zone was drilled in 1967 by Kokanee Moly Mines Ltd , who intersected significant mineralization in 5 of 11 holes, including 15 m of 0.131% Mo, 35 m of 0.084% Mo, 50 m of 0.065% Mo, 110 m of 0.032% Mo, and 34 m of 0.051% Mo.
The recent mapping and sampling indicates that mineralization in the southwestern part of the zone is at least as strong and widespread as that in the northeast area drilled in 1967. The current drill program is designed to test the southwestern zone mineralization at depth and better determine the attitude of the higher grade zones of stockwork quartz veining within the more extensive disseminated and fracture controlled mineralization.
Lindsay Bottomer P.Geo., who is a Qualified Person as defined in NI 43-01, has reviewed the technical content of this news release.
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