BCM Resources Successfully Completes Phase II Drilling at Thompson Knolls Project in Utah, USA
BCM Resources Successfully
Completes Phase II Drilling at
Thompson Knolls Project in Utah,
USA
VANCOUVER, BC / ACCESSWIRE / June 9, 2022 / BCM Resources Corp
(Company) is informing its shareholders that the Company successfully completed the
(6) holes (15,850ft or 4,831m) in its Phase II exploration drilling at its Thompson Knolls
(TK) Cu-Au-Mo porphyry project in the southwestern part of Utah, USA. TK is located
approximately 225 km southwest of Rio Tinto's giant Bingham Canyon porphyry Cu-Mo-
Au mine and smelter complex near Salt Lake City, Utah.
The overall Phase I & II programs have involved seven (7) drill holes for 16,968ft
(5,172m).
Highlights from Phase II drilling:
Drillholes TK3a and TK6 are the deepest holes drilled to date, extending to 3,653ft
(1,113m) and 3,930ft (1,198m) depths respectively and having the most extensive
mineralization documented. TK6 assay results are pending and will be reported with all
analytical results for Phase II drilling.
• Hole TK3a intercepted Cu-Mo mineralization, stretching for 1,853ft (565m) as
part of an intrusive stockwork and veinlets porphyry system within the zone of
sericitic alteration in quartz-monzonite porphyry intrusion with local zones of
potassic alteration.
• Hole TK6 discovered a significant extent of skarn mineralization stretching for
over 946ft (288m) with Mo-Au-Cu mineralization (drill hole was stopped in the
skarn due to equipment failure). Visual chalcopyrite mineralization in the skarn
appears to be directly correlated with the amount of magnetite
(https://bcmresources.com/site/assets/files/5930/2022-06-09-bcm-nrcp.pdf)
Figure 1. Photo TK6 core at 3,420ft
(1,042m) interval of massive diopside-
magnetite skarn with 15-20% volume of
pyrite-chalcopyrite
Figure 2. Photo of TK6 core at 3,845ft
(1,172m) interval of diopside-magnetite
skarn with accumulations of chalcopyrite-
molybdenite
President Dr. Sergei Diakov stated, "Significant copper-gold mineralization intersected in
hole TK6 is critically important for the Thompson Knolls project as it obviously indicates
project's potential for presence of significant copper porphyry system with
mineralization hosted by both mineralized intrusion and the skarns around it."
Processing and synthesis of geological and geophysical data is underway - this
compilation of data will be critical for designing the Phase III exploration drill program
that will be focused on continuing search of the TK porphyry system copper core in the
mineralized quartz-monzonite intrusion testing central and eastern part of the magnetic
high anomaly. Phase III is expected to start in 4Q22 once additional exploration drilling
permits are secured.
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 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
ON BEHALF OF BCM RESOURCES CORP.
Sergei Diakov
President & Director
For further information, please contact:
Investor relations 604-646-0144 ext. 222
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, uncertainties related to raising
sufficient financing to fund the planned work in a timely manner and on acceptable
terms; 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.
SOURCE: BCM Resources Corporation