Bam Bam Completes Deep Core Holes at Majuba Hill Nevada Porphyry Project
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Press Release November 23, 2020
Bam Bam Completes Deep Core Holes at
Majuba Hill Nevada Porphyry Project
VANCOUVER, BC — November 23, 2020 — Bam Bam Resources Corp. (CSE: BBR /
OTC: NPEZF / FSE: 4NPB) (“Bam Bam” or the “Company”) is pleased to report
that drilling in core holes MHB-7, MHB-8, and MHB-9 are complete. The core holes
were placed to expand the sulfide copper porphyry mineralization intersected in
historic drilling and to extend the known oxide mineralization. Three holes were
drilled for a total of 4920 feet (1499.6 meters).
Hole Azimuth Inclination Length (ft) Length (m)
MHB-7 0 -90 1473 449.0
MHB-8 125 -70 1635 498.3
MHB-9 315 -45 1812 552.3
All core was transported to a secured facility in Elko, Nevada where it is being detailed
logged, sawed, and sampled. Thereafter, samples will be delivered to the ALS Sample
Prep Facility in Elko.
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On-site “quick-logging” was encouraging. Zones of copper oxide, disseminated
sulfides, sulfides in stockwork veins, and native copper were observed in the core.
MHB-9 Malachite on fracture MHB-9 Native Copper on Fractures
David Greenway, President & CEO, commented: “I am pleased with the substantial
progress at Majuba this year. Our staged exploration approach continues to advance
the project and provide encouragement that Majuba will become an important
copper, silver, and gold porphyry project. I look forward to receiving the assay results
from the deep core drilling.”
Expanded Property Exploration Underway
The Company is also pleased to note that the property -wide geochemical and
geophysical programs are proceeding well. Bam Bam was able to utilize its
relationship with North American Exploration services to expedite completion of an
expanded soils program. The additional samples extended the soil sample grid into
new areas. Samples were submitted to ALS and initial results are expected in 4 to 6
weeks.
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Bam Bam has a detailed drone magnetic survey scheduled for late December
2020/early January 2021. This program will add to the ground magnetic survey data
collected in 2018. The recent RC drilling results (BBR News Release October 5, 2020)
are highly correlative with the anomalous mag lows interpreted from the 2018 data.
Bam Bam’s drilling and exploration program for next year is being finalized. The
property-wide work will incorporate and expand the ongoing soil geochemistry and
the deep IP geophysical surveys. The programs are planned to guide the District Level
exploration at Majuba Hill. Final program layouts will be completed after all drill
results have been returned.
Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody
The Company has implemented a QA/QC program using industry best practices at
the Majuba Hill Project. Drill core is delivered by the Company’s consulting geologist
to the secure warehouse facility in Elko, Nevada. Drill core samples are sawed in half
lengthwise, with one half placed in a labeled cloth sample bag. The samples are then
transported directly to the ALS Sample Prep Facility in Elko, Nevada. ALS transports
the prepared pulps to the analytical lab in Reno, Nevada or Vancouver, B.C. All
samples are analyzed for copper, gold, silver, and 31 o ther elements. Gold is
determined by ALS method Au-AA23, which is a fire assay with an AAS finish on a 30
gram split. Copper, silver, and the other 31 elements are determined by ALS method
ME-ICP61, which is a four acid digestion and ICP-AES assay. Approximately 5% of
the submitted samples are copper-gold-porphyry commercial standard reference
material pulps, which are inserted in the analytical sample sequence. The sample
rejects and remaining pulps will be retrieved from ALS.
About the Majuba Hill Property
The Majuba Hill Property encompasses 4,822 acres of surface and mineral rights that
includes 3 patented lode mining claims and 632 acres of privately owned surface and
minerals. The property is easily accessed via 23 miles of well-maintained dirt roads
leading from U.S. Interstate 80.
Qualified Persons
The scientific and technical information contained in this news release was reviewed
by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist who
is a "Qualified Person" as such term is defined under National Instrument 43-101 -
Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Bam Bam Resources Corp.
Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPB) is engaged in the
identification, review, and acquisition of latter stage copper and copper/gold assets.
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The flagship project is the 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.
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.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway”
President & CEO
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: (604) 318-0114
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking
statements are statements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although Bam Bam Resources Corp. believes
the expectations expressed in such forward -looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Bam Bam
Resources Corp. management on the date the statements are made. Except as required by law, Bam Bam Resources
Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change.