Bam Bam Drill Holes Indicate Supergene Copper Enrichment below the Oxide Mineralization at Majuba Hill, Nevada Porphyry Project
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Press Release March 05, 2021
Bam Bam Drill Holes Indicate Supergene
Copper Enrichment below the Oxide
Mineralization at Majuba Hill, Nevada
Porphyry Project
VANCOUVER, BC — March 05, 2021 — Bam Bam Resources Corp. (CSE: BBR / OTC:
NPEZF / FSE: 4NPB) ( “Bam Bam” or the “Company ”) is pleased to report that
logging and interpretation of copper mineralogy and assays in recent and historic
core at Majuba Hill indicates enrichment of copper grades below the known zones of
copper oxidation.
Cross section showing copper oxide zones and postulated enrichment zones.
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Some recent and historic drill holes at Majuba bottomed in significant copper grades
below the copper oxide zones, including:
• MMX-24 (1,100 ft deep hole): 370 ft (112.8m) @0.45% Cu from 730-1100 ft
(222.5-335.3m) in enrichment zone.
• MHB-6 (800 ft deep hole): bottom 50 feet (15.2 meters) @ 0.72% Cu and 19.8
ppm Ag from 750-800 (228.6-243.8 meters), including the bottom 20 feet (6.1
meters) @ 1.31% Cu from 780-800 feet (237.7-243.8 meters).
*
Map showing Majuba Hill Project Drilling to Date
Larry Segerstrom, Geologist and member of the Advisory Board commented: “I am
very excited about the newly-recognized zones of copper enrichment below the oxide
zones. There are significant enrichment zones in many porphyry copper deposits in
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the southwest U.S., like those in the large Pima mining district in Arizona, and the
giant mines in Chile, Escondida and Chuquicamata. The enrichment zones in these
mines are of high economic importance and one of the reasons that they are so rich
and economically viable. I look forward to further drilling the copper enriched zones
at Majuba Hill and deeper into the primary copper mineralization below. I think that
we will significantly expand the known Majuba mineralization. This is a tremendous
opportunity to develop a large copper deposit.”
About Majuba Hill Property
Majuba Hill is a large contiguous land position controlling the emerging Majuba Hill
Copper District, located northeast of Reno , Nevada. The project is comprised of
extensive mineral and surface rights held by private ownership, patented mining
claims, and Federal Lode Mining claims that are 100% controlled by Bam Bam
Resources Corp.
The property is easily accessed via 23 miles o f well-maintained dirt roads leading
from U.S. Interstate 80. Reno and Elko are the major supply centers for exploration
and mining activities in Nevada. The existing highways are sufficient for
transportation of exploration-size heavy equipment. Development logistics would use
the 4 lane Interstate 80 highway, Union Pacific railroad tracks and adjacent power,
natural gas, and fiber optic transmission lines in the rail – highway corridor.
Mining is a common occupation in the area with several small to world class mines
operating in the Winnemucca – Lovelock area over the past several decades. A well-
trained and experienced mining workforce pool is available in Nevada when labor and
expertise are required.
The excellent location of Bam Bam’s Majuba Hill property, with already existing
mining friendly infrastructure, will significantly reduce costs for exploration programs
and future mining activities.
Qualified Person
The scientific and technical content of this news release has been reviewed and
approved by Larry Segerstrom, M.Sc. (Geology), P.Geo., a "Qualified Person" as such
term is defined under National Instrument 43 -101 - Standards of Disclosure for
Mineral Proje cts ("NI 43 -101"). Mr. Segerstrom is on the Advisory Board of the
Company.
About Bam Bam Resources Corp.
Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPB) is engaged in the
identification, review and acquisition of later stage copper and copper/ silver/gold
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assets. This is in direct response to the growing worldwide demand and lack of supply
for precious metals fueled by the Green New Deal in the US and most other developed
nations with similar programs aimed at addressing climate change. S uch programs
are heavily reliant on silver, gold and especially copper to produce Electric Vehicles
and other renewable power sources, as well as building infrastructure to provide clean
and affordable electricity.
The flagship project is the Majuba Hill copper, silver and 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”
David C. Greenway
President & CEO
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
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, estimate s and opinions of Bam Bam Resources Corp.
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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.