Project, Utah , USA Vancouver, BC
BCM
Intercepts 510 ft @ 0.66% Cu in
Phase 3
Drilling
at
T
hompson Knolls
G
reenfield
Cu
-
Au
Porphyry
Project, Utah
, USA
Vancouver, BC,
May 2
4
, 202
3
–
BCM Resources Corp
(
“
B
”
or
“
Company
”
)
is pleased
to update its
shareholders
on
the
progress at
Thompson Knolls (TK)
greenfield Cu
-
Au
-
Ag
-
Mo
porphyry
project
in
southwestern Utah
, USA
.
Phase 3 drilling at TK
(see Company pre
v
ious NR
BCM Resources Corp.
| News
)
envisaged drilling of
seven
core
holes.
“
B
”
reports
th
at
,
to date
,
four
drill
holes
have been
completed
.
A
ssay results
have been
received for
three
of these
dril
l
holes
(TK7, TK8
,
and TK9)
.
The
h
ighlight of the assay results is a significant m
ineral intercept of
510 ft (
155
.4
m)
@
0.66% Cu, 0.12
g/t Au
,
and
7.4 g/t Ag
in drillhole TK8
, with
8 sample intervals containing
values
greater than
1% Cu
over
8
0 ft (
24.3
m
)
.
President
& CEO
Dr. Sergei Diakov stated,
“
I am
very excited
about
this
very encouraging
mineral
ized
intercept
in
drillhole
TK8
as it
indicat
es
significant
potential f
or the
TK project to
host a
sizable
copper
-
gold
porphyry system
with skarn mineralization
. We continue
testing
TK
project
potential
focusing our
exploration
porphyry Cu expertise to
vector
-
in on
the
discovery of
the
greenfield
porphyry system
copper core
.
”
Summary of
Drillhole TK
8
TK
8
was collared
between TK3 and TK5 drillholes
(see
map
BCM Resources Corp. | News
)
.
It
was
drilled vertically
,
reaching
a
downhole
depth of
3
,
06
2
.5 ft (933.45 m).
The hole was designed to test
the north
-
western
flank
of
the
TK magnetic anomaly and continuity of mineralization from TK3
.
At
1
,
915
ft (
583.7
m)
depth,
TK8 intercepted mineralized
diopside
-
marble
skarn
oxidized to
a
2,040 ft
(621.8 m) depth and then
encountered
primary
magnetite
-
chalcopyrite
mineralization
that
was
documented
for
an exten
d
ed interval
from 2
,
040 ft (
621.8
m) to 3
,
050 ft (
929.6
m)
, a
total
of
1
,
010 ft
(
307.8
m)
. Sampling
returned assay results
averag
ing
0.40% Cu, 0.08 g/t Au and 4.92 g/t Ag
,
including a more intensely mineralized interval from 2
,
040 ft (
621.8
m) to 2
,
550 ft (
777.2
m)
of
total
510 ft (155.4 m)
@
0.66% Cu, 0.12 g/t Au and 7.4 g/t Ag
,
with 8 sample intervals containing
values greater than
1% Cu over 80 ft (24.3 m).
Summary of
Drillhole TK
7
Drillhole TK
7
was drilled
vertically
to a depth of
1,2
3
0
ft (
375
m)
and located
S
S
W
of hole TK
3
which
was drilled
vertically to
a depth of
2,641 ft (
805
m)
and designed to test
the
strong
part of
the
TK
magnetic anomaly
. It
reached
a
quartz
-
monzonite porphyry intrusion at 1,321 ft (
402.6
m) carrying
weak quartz
-
chalcopyrite mineralization in numerous thin quartz pyrite
-
chalcopyrite veinlets and rare
quart
z
stockworks. Typical alteration
developed includes
: i)
weak potassic (biotite
-
K
-
feldspar)
; ii)
propylitic
(chlorite)
with magnetite
,
and
; iii)
patchy argillic alteration
.
Cop
p
er grades in the sampled
interval from 2
,
060
ft (627.9 m)
to
the
bottom returned low copper metal
values
below 0.1%
.
Summary of
Drillhole TK
9
Drillhole TK9
located
E
SE
of TK6
1,923 ft
(
586
m)
away
was drilled to
a
depth of
2
,
322
.5
ft (
707.
9
m)
and designed to test
the
northern edge of
the TK
magnetic anomaly
in carbonate rocks
. It
encountered
strongly silicified
marbleized
dolomites and
limestones
with some patchy
quartz
-
magnetite
-
hematite breccia
mineralization
. Assay results
were
low copper grades below 0.1% Cu.
Summary of Drillhole TK10
This drill hole was located
E
SE
of TK9
1,585 ft (483 m)
away
to test the northern edge of
the
TK
anomaly
similarly to TK9
. It was
d
rilled vertically to a depth of 3,633 ft (1.107 m) in dolomitized
marbles
with no visual mineralization.
Drilling continues.
The Company
is currently a
ctively
advancing
hole
TK14
which
is
strategically located
between
holes
TK3a and TK6
.
Hole TK14 is designed to test
the
north
-
western extension of
the
TK magnetic
anomaly
both in carbonate rocks and underlying quartz
-
monzonite intrusion
.
Mineralized skarn
lithologies have been inter
sected in TK14
so far
and drilling is proceeding.
TK is located approximately
2
10
k
m
southwest of Rio Tinto’s giant Bingham Canyon porphyry
copper
-
molybdenum
-
gold mine and smelter complex near Salt Lake City, Utah.
Qualified Person and QAQC
Mr. Richard R. Redfern, M.Sc., and Certified Professional Geologist, a
Company
“
qualified person
”
for the purposes of National Instrument 43
-
101, has verified and approved the information contained
in this news release.
Core sampling was conducted on 10
-
ft
mineralized intervals with standards
and “blank” samples inserted in every 10 batch
es
of samples for quality control procedures.
About BCM Resources Corporation
BCM Resources Corporation is a diversified Canadian mineral exploration company
focused on
the
continued exploration
of the Thompson Knolls
Porphyry Cu
-
Au
-
Ag
-
Mo
pro
ject
. BCM also controls
perspective
Copper, Gold, and Molybdenum exploration projects in
British Columbia. BCM
Resources is managed by experienced and successful board members
and
tec
hnical
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
.
ON BEHALF OF BCM RESOURCES
CORP.
Sergei Diakov
President
&
CEO
For further
information,
please contact:
Investor relations 604
-
646
-
0144 ext
.
222
www.bcmresources.com
Caut
ion 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
mineralizat
ion 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 pot
ential 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, equipmen
t breakdowns or other unanticipated
difficulties or
interruptions
, and
; the possibility of cost overruns or unanticipated expenses in these
exploration
programs.