Reassessment of Historic Data Outlines Gold Zone at Majuba Hill, Nevada: Bam Bam Updates Drilling Plans
Reassessment of Historic Data Outlines Gold Zone
at Majuba Hill, Nevada:
Bam Bam Updates Drilling Plans
VANCOUVER, BC—April 27, 2020— Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF /
FSE: 4NPA) (“Bam Bam” or the “Company”) is pleased to announce that, after reassessment
of historic drilling and exploration, the geological team at Majuba Hill are pleased to report
that they have outlined three gold zones associated with the Majuba Hill copper (gold)
porphyry project in Pershing County, Nevada. The ongoing, historical data review highlighted
significant gold values associated with the copper in historic drill holes, surface rock chips,
and soil sampling. This data suggests that Majuba Hill is best classified as a copper-gold
porphyry.
Mr. David Greenway, CEO, reports: “This is an amazing development for our Majuba Hill
Copper Project. The reassessment of historic results and our improved understanding of the
data is good news for Bam Bam. Once we understood that, prior to Heap Leach in Nevada,
gold grades were ignored in “copper” plays, we went in and had another look. Our shock was
in the complete discounting of gold intercepts and we are madly working to re-incorporate
those numbers and, more importantly, coordinate them with our drill program. Gold in copper
porphyry projects can add value quickly. Majuba Hill is an exciting opportunity during these
times of improving copper sentiment and we are pleased to be able to incorporate the historic
gold results.”
Historic exploration includes drilling, surface rock chip sampling and surface soil sampling
assay results that also contain gold assays:
• Gold in historic drill assay results were significant in 14 of the 37 holes drilled
• Historic rock chip sampling (163 samples) returned 10.15 to <0.005 g/t gold
• Historic soil sampling (994 samples) returned 0.425 to <0.005 g/t gold
Three gold zones are outlined
based on the historic data.
The gold zone in the main
target area overlaps with the
oxide copper target zone that
will be drilled in the upcoming
program.
The highest gold grades were
reported in historic drill hole
MH-11 with 5 ft @6.44 g/t Au
from 155 to 160 feet and 15
ft @3.173 g/t Au from 585 to
500 feet.
Holes MM-06 and MM-07
contain gold overlapping with
significant copper reported
earlier (BBR NR-March 25,
2020).
• MM-05: 89.2 m @ 0.27% Cu from 0 to 89.2 m
• MM-06: 47.4 m at 1.06% Cu from 0 to 47.4 m
• MH-7: 97.5 m at 0.33% Cu from 25.9 to 123.4 m
• MG1703: 20.4 m at 0.71% Cu from 102.9 to 123.3 m
• MMX-24: 112.8 m at 0.45% Cu from 222.5 to 335.3
Hole Interval >1.0 g/t Gold
MH-2 10ft@ 0.235 g/t Au: 275-285 ft
MH-3 15ft@ 0.144 g/t Au: 265-280 ft
10ft@ 0.107 g/t Au: 315-325 ft
MH-6 15ft@ 0.181 g/t Au: 135-150 ft
MH-7 25ft@ 0.318 g/t Au: 150-175 ft
15ft@ 0.2 g/t Au: 180-195 ft
20ft@ 0.14 g/t Au: 340-360 ft
MH-10 15ft@ 0.133 g/t Au: 590-605 ft
MH-11 5ft@ 6.44 g/t Au: 155-160 ft
15ft@ 3.173 g/t Au: 585-600
ft
MM-02 10ft@ 0.164 g/t Au: 365-375 ft
MM-03 10ft@ 0.233 g/t Au: 260-270 ft
20ft@ 0.22 g/t Au: 340-360 ft
Hole Interval >1.0 g/t Gold
MM-06 10ft@ 0.339 g/t Au: 70-80 ft
15ft@ 0.471 g/t Au: 100-115
ft
20ft@ 0.239 g/t Au: 130-150 ft
10ft@ 0.331 g/t Au: 235-245 ft
MM-07 20ft@ 0.242 g/t Au: 250-270 ft
10ft@ 0.134 g/t Au: 290-300 ft
13ft@ 0.333 g/t Au: 322-335 ft
45ft@ 0.699 g/t Au: 350-395
ft
10ft@ 0.417 g/t Au: 405-415
ft
MM-16 25ft@ 0.342 g/t Au: 175-200 ft
MM-17 10ft@ 0.427 g/t Au: 15-25 ft
MM-20 6ft@ 0.182 g/t Au: 99.1-105.5 ft
7ft@ 0.128 g/t Au: 114.3-121.4 ft
Hole Interval >1.0 g/t Gold
10ft@ 0.131 g/t Au: 250-260 ft
10ft@ 0.151 g/t Au: 270-280 ft
20ft@ 0.442 g/t Au: 285-305
ft
10ft@ 0.2 g/t Au: 320-330 ft
10ft@ 0.128 g/t Au: 580-590 ft
10ft@ 0.198 g/t Au: 715-725 ft
80ft@ 0.19 g/t Au: 765-845 ft
20ft@ 0.183 g/t Au: 880-900 ft
Hole Interval >1.0 g/t Gold
20ft@ 0.148 g/t Au: 905-925 ft
10ft@ 0.129 g/t Au: 930-940 ft
40ft@ 0.27 g/t Au: 945-985 ft
35ft@ 0.157 g/t Au: 995-1030 ft
15ft@ 0.161 g/t Au: 1035-1050 ft
MG1703 10ft@ 0.193 g/t Au: 337.7-347.7
ft
10ft@ 0.155 g/t Au: 761-771 ft
10ft@ 0.145 g/t Au: 1079-1089 ft
Majuba Hill drilling plans and logistics for the core drilling portion of the upcoming program
are in place. Pad site and road access construction is complete. The hole sites are located on
the private, patented mining claims. Harris Exploration Drilling & Associate, Inc. has been
engaged to drill two core holes. Bam Bam field personnel and contractors will use operational
health and safety protocols consistent with ensuring the health and safety of its people and
the local community.
The Company intends to complete the drilling and initiate a National Instrument 43-101
Technical peport on the project which will further delineate the next steps to be taken by the
Company and advance the project.
Further, the Company has issued 1,890,000 incentive stock options at a strike price of $0.07 per
share to consultants of the Company. The options are valid for a one-year term and are governed
by the terms of the Company’s stock option plan.
About Bam Bam Resources Corp.
Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPA) is engaged in the
identification, review and acquisition of latter stage copper and copper/gold assets. With its
flagship project being Majuba Hill copper gold project located 156 miles outside Reno, Nevada,
USA. Management has been mandated to focus on safe, mining friendly jurisdictions and
government regulations supportive of mining operations.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway”
President & CEO
For further information, please contact:
P: (604) 318-0114
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the
Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements based on assumptions and judgments of management
regarding future events or results. Such statements 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. The
Company disclaims any intention or obligation to revise or update such statements.