New Discovery of Porphyry Cu-Mo Mineralization Drilled at Thompson Knolls, Utah, USA
New Discovery of Porphyry Cu-Mo Mineralization Drilled at Thompson Knolls, Utah, USA
Vancouver, BC, February 14, 2022 – BCM Resources Corporation (TSX-V: B), the "Company," is pleased
to announce that Diamond Drilling intercepted new porphyry Cu-Mo mineralization at the Thompson
Knolls (“TK”) project in southwestern Utah.
Highlights
Hole TK3a has documented blebby chalcopyrite-molybdenite mineralization at a 666m
downhole depth (see photo 1, see company presentation on BCM Resources website).
At 833m, TK3a has encountered intensely silicified qmp with sub-vertical massive pyrite-
chalcopyrite D-veinlets (photo 6).
Hole TK3a is still in progress, assays are pending.
Progress update
Drilling is continuing at the Thompson Knolls (TK) project, Utah, USA with hole TK3a in progress. TK3a is
being drilled vertically a projected depth of ~1,097m. Here is a breakdown of what the hole has
encountered:
After cutting a fanglomerate to 429m, drilling encountered an intensely fractured & oxidized,
altered, quartz-monzonite porphyry (qmp) intrusive (textures destroyed, feldspars altered to
clay). Local (rare) thin quartz-molybdenite B-veinlets are found in the intrusive fragments
At 507m downhole, a dolomite skarn was intersected with continuous intense oxidation of
numerous randomly oriented (chlorite and iron oxide) veins and veinlets.
From 573m depth a qmp intrusive (no significant oxidation) with obvious
pyrite/chalcopyrite/molybdenite veinlets was encountered
At 666m blebby chalcopyrite mineralization in quartz-molybdenite veinlets was documented
(photo 1 and 2). The veinlets are dominantly subvertical - very few are captured by vertical
drilling
At 725m, drilling started intersecting a mineralized stock-work with numerous veinlets carrying
molybdenite-chalcopyrite mineralization (photos 3, 4 and 5)
At 748 m potassic alteration increases and K feldspar forms salvages in quartz veinlets
At 857m the drillhole encountered intensely silicified qmp with sub-vertical massive pyrite-
chalcopyrite D-veinlets (photo 6).
“I am very pleased that recent drilling at the TK3a drillhole confirmed the presence of copper
mineralization indicating that the BCM Resources team discovered a new, raw, copper-molybdenite
system in Southwest Utah. Presence of copper mineralization increases in the northwestern direction.
We are excited about this new discovery, and we are looking forward to new additional exploration at
the northwestern flank of Thompson Knolls.” Dr. Sergei Diakov, President.
Currently, the drill hole is at depth of 877m and advancing steadily through a mineralized qmp with
quartz-sericite-pyrite and potassic alteration accompanied by intense silicification. Drilling continues to
encounter some fault zones within the intrusive (faulting and silicification slow down drilling progress).
In summary, TK quartz monzonite porphyry carries molybdenum mineralization over a +304m interval
(from 573m to 877m down hole). Besides visual molybdenite, visual copper mineralization has been
identified from 664m downhole as pyrite-chalcopyrite-molybdenite veinlets and disseminated
mineralization. Copper mineralization is gradually increasing in the interval over +213m. Both copper
and moly mineralization continue as drilling advances deeper.
Based on the limited drilling results obtained from 5 drillholes so far (note that two of them are virtually
twins to previous unfinished drillholes), it is interpreted that the intensity of copper mineralization at
the TK project appear to be increasing in the northwestern direction indicating a possible location of the
main copper mineralization of the TK mineralized system. This concept will be tested by additional three
drillholes in the northwesterly flank of the project. The permit for these drill sites is virtually complete.
TK is located approximately 200 kms southwest of Rio Tinto’s giant Bingham Canyon porphyry copper-
molybdenum-gold mine and smelter complex near Salt Lake City, Utah.
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 at [email protected].
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, without limitation: risks related to
fluctuations in metals prices; uncertainties related to raising sufficient financing to fund the planned
work; changes resulting from weather, logistical, technical, governmental, social, or other factors;
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 interruptions, and; the possibility of cost overruns or
unanticipated expenses in these exploration programs.