Dr. Sergei Diakov appointed to BCM Resources Corp Board, brings Global Porphyry Cu- Au Discovery Expertise
BCM Resources Corp. August 25, 2020
FOR IMMEDIATE RELEASE
August 25th, 2020
Dr. Sergei Diakov appointed to BCM Resources Corp Board, brings Global Porphyry Cu-
Au Discovery Expertise
Vancouver, BC, August 25, 2020 - BCM Resources Corporation (TSX-V: B), is very pleased to
announce the appointment of Dr. Sergei Diakov to its Board of Directors. BCM Resources
Corporation is a diversified Canadian mineral exploration company now focused on completing
Phase 1 discovery drilling of the Thompson Knolls porphyry copper-gold property in the Great
Basin of western Utah.
Dr. Sergei Diakov is an extremely experienced geologist/manager, who has worked for several
large mining corporations in regional geology, structural analysis, geochemistry and geology of ore
deposits, prospecting and exploration of various types of ore deposits, incorporating economic
assessment of mineral projects, management of exploration programs, management of health and
safety, environmental, geological, and social risks.
He has widespread experience working in multicultural environments, building efficient and
successful exploration teams. His advanced experience involves several mineral commodities
(porphyry copper, gold, nickel, base metals, uranium, potash, and metallurgical coal).
Dr. Diakov has a proven discovery record: leading his BHP team to the original discovery of Oyu
Tolgoi Porphyry Cu-Au-Mo deposit in Mongolia and, most recently, he led his AngloGold Ashanti
team resulting in a significant Porphyry Cu-Au discovery Nuevo Chaquiro in Colombia.
Dr. Diakov has a professional reputation of excellent safety performance, effective leadership skills
and team building capabilities with a strong discipline and commitment to designing, planning and
execution of exploration and development programs.
Dr. Diakov stated, “I am excited to join BCM Resources Corp seeing in Thompson Knolls a raw
porphyry system discovery in Utah (made by BCM Resources Corp) that has the hallmarks of a
Porphyry Cu-Au system with the footprint scale of Bingham Canyon. I will bring to bear my
expertise, along with the solid BCM technical team, to effectively vector-in on the best part of
the mineral system”.
Dr. Diakov very recently retired from Anglo American where in his last posting he served as
Group Discovery Advisor. Prior to that he was employed with AngloGold Ashanti as VP
Explorations Americas. From 1995 to 2010 Dr. Diakov worked around the globe for BHP Billiton
managing various exploration programs.
Technical Team
BCM Resources Corp has put a formidable technical team to rapidly advance the Thompson
Knolls Porphyry Cu-Au-Mo discovery. At the Board level, Dr. Diakov joins Rick Redfern,
BCM Resources Corp. August 25, 2020
formerly with Barrick. Consulting to the company is Vic Chevillon, formerly with Placer Dome,
and Lindsay Bottomer, formerly with Entrée Gold and the Prime Group of companies.
Thompson Knolls Porphyry Cu-Au-Mo discovery
BCM Resources Corp has the right to earn a 60% interest in the TK project, located in west-
central Utah, USA. TK is a greenfield discovery of a blind Cu-Au porphyry system. TK is situated
210 Km southwest of the Bingham Canyon porphyry copper-molybdenum-gold mine of Rio
Tinto. One core hole, TK18-1, has been drilled, which intersected a porphyry copper mineralized
body of Laramide-age quartz monzonite porphyry (QMP) with locally strong potassic- and
quartz-sericite alteration and locally abundant pyrite and lesser oxide copper mineralization. The
QMP intruded a pre-mineral body of quartz latite porphyry. This is suggestive of the top of a
typical porphyry copper-gold system.
BCM/Inland has received permits from the State of Utah and the U.S. Bureau of Land
Management for the drilling of 5 exploration holes to test its porphyry copper-gold system.
The Company’s Vice President Exploration, 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.
Incentive Options Grant
In accordance with the company’s incentive stock option plan the Company announces, subject
to regulatory approval, it has granted 925,000 incentive stock options to directors, officers &
contract employees of the Company. The options are exercisable at a price of $0.05 per share
for a period of 5 years from August 15, 2020.
About BCM Resources Corporation
BCM Resources Corporation is a diversified Canadian mineral exploration company now
focused on completing Phase 1 discovery drilling of the Thompson Knolls property, its key
asset. 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 web site at www.bcmresources.com or contact us by e-mail at [email protected].
ON BEHALF OF BCM RESOURCES CORP.
“Dale McClanaghan”
President and Chief Executive Officer
For further information please contact:
Investor Relations,
Telephone: 1 (604) 646-0144, ext. 222
www.bcmresources.com
Caution Concerning Forward-Looking Statements:
BCM Resources Corp. August 25, 2020
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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THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPT
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