Bam Bam Receives Exciting Copper Drill Assay Results with Silver, Gold, Moly, and Zinc at Majuba Hill Porphyry Copper
1
*Press Release March 8, 2022
Bam Bam Receives Exciting Copper Drill
Assay Results with Silver, Gold, Moly, and
Zinc at Majuba Hill Porphyry Copper
VANCOUVER, BC — March 8, 2022 — Bam Bam Resources Corp. (CSE: BBR / OTC:
NPEZF / FSE: 4NPB) (“Bam Bam” or the “Company”) is pleased to announce that all
results have been received for the 2021 reverse circulation (“RC”) and core holes.
Copper, silver, molybdenum, zinc, and gold assays are very encouraging because
they support the porphyry copper model that the Company has been developing.
Key Highlights:
• Holes intersected significant copper in the enriched-oxide zone.
• Drilling outlines a large Cu zone with good potential for future development.
• Gold values up to 1.5 g/t Au across several holes indicate a gold-rich corridor
at Majuba that correlates with surface rock chip samples.
• Core holes drilled about 2 kilometers southeast of the outcropping copper oxide
discovered a new underlying intrusive with extensive porphyry-style alteration.
2
• Zoning of silver, molybdenum, and zinc is associated with intrusive -
composition and oxidation/enrichment zonation.
Significant copper results are shown below on Cross Section 4503040N. It is oriented
with the same view as the photo shown above and has a similar scale.
Bam Bam drilled 4,541.4 meters (14,900 ft) in 15 RC holes and 859.4 meters (2,820
ft) in 2 core holes. Results are listed for copper, silver, gold, molybdenum, and zinc
on the table at the end of this news release. For each drill hole , the total, length-
weighted average values of each element is shown. Significant intervals are also
listed. These are based on zones with a minimum of 4.6 m (15 ft) with a minimum
of 0.16% Cu. All assays are total copper and were determined using a four- acid
digestion process and analyzed by ALS Method ME-ICP61.
Significant Results
The 2021 RC drilling program was designed to in-fill and extend the 2020 Bam Bam
drilling and historic holes. Using 3D modeling and cross -sectional evaluation the
company focused in the mineralized zones including MHB-2 with:
• 146 ft (44.5 m) @ 1.41% Cu & 97.6 g/t Ag, 0-146 ft (0-44.5 m)
• 2.4% Copper Equivalent (CuEq)
CuEq=Length-weighted silver converted to copper using US$17/oz Ag & US$2.50/lb. Cu
in the copper-enriched oxide zone. And historic drill hole MMX-24 with:
• 370 ft (112.8 m) @ 0.45% Cu & 11.8 g/t Ag,730-1100 ft (222.5-335.3 m)
3
• 0.57% Copper Equivalent (CuEq)
in the copper-enriched oxide and sulfide zone.
The total contained copper values for all the significant holes is very encouraging
because everything drill ed had copper. Pending future metallurgical work and
resource modeling considerations these data will be parsed out using rigorous
evaluation parameters.
MHB-10, and -24
Holes MHB -10 and MHB -24 returned results that are encouraging because the
significant intervals filled in and tied together two 0.3% Cu grade shells constructed
in 2020. The holes also outline a much larger plus 0.16% Cu zone (see Section
4503040N).
• MHB-10: 40 ft (13.7 m) @ 0.14% Cu from 0 to 40 ft (0-13.72 m)
• MHB-10: 25 ft (7.6 m) @ 0.19% Cu from 325 to 350 ft (99.06-106.68 m)
• MHB-10: 60 ft (18.3 m) @ 0.17% Cu from 400 to 460 ft (121.92-140.21 m)
• MHB-10: 85 ft (27.4 m) @ 0.18% Cu from 570 to 655 ft (172.21-199.64 m)
• MHB-10: 45 ft (15.2 m) @ 0.18% Cu from 800 to 845 ft (242.32-257.56 m)
Significant gold from MHB-10 includes:
• 5 ft (1.5 m) @ 1.515 g/t Au from 50 to 55 ft (15.2-16.8 m)
• 5 ft (1.5 m) @ 0.370 g/t Au from 730 to 735 ft (222.5-224.0 m)
• 5 ft (1.5 m) @ 0.684 g/t Au from 790 to 795 ft (240.8-242.3 m)
MHB-14, -15, -18, -21, and -23
Holes MHB-14, -15, -18, -21, and -23 are significant extension drill holes.
MHB-15 and MHB -21 extend the copper mineralization deeper ( MHB-21) and
northward (MHB-15). MHB-21 had some very high copper within a zone that
returned:
• 310 ft (96 m) @ 0.27% Cu from 970 to 1280 ft (294.13-390.14 m)
with 10 ft (3 m) @ 2.51% Cu from 1195 to 1205 ft (364.24-367.28 m)
MHB-14 and MHB -18 intersected mineralization shallower and west of the middle
0.3% Cu grade shell that the holes were targeting. These results outline more
mineralization which will be included in the modeling and appear to tie together the
middle copper zone with the historically mined mineral zones.
MHB-14 returned:
• 85 ft (25.9 m) @ 0.43% Cu from 730 to 815 ft (222.5-248.41 m)
with 10 ft (3.1 m) @ 3.11% Cu from 735 to 745 ft (224.03-227.08 m)
and 5 ft (1.5 m) @ 5.38% Cu from 740 to 745 ft (225.55-227.08 m)
MHB-18 is within the high gold corridor and returned:
• 75 ft (22.9 m) @ 0.21% Cu from 630 to 705 ft (192.02-214.88 m)
4
Incl 10 ft (3 m) @ 0.228 g/t Au from 695 to 705 ft (211.84-214.88 m)
MHB-23 extended the 2020 0.3% Cu shell northward where it intersected:
• 110 ft (33.7 m) @ 0.21% Cu from 890 to 1000 ft (271.27-304.98 m)
with 5 ft (1.5 m) @ 1.63% Cu from 995 to 1000 ft (303.28-304.8 m)
MHB-17
Hole MHB-17 did not intersect the expected subvolcanic intrusive rock outcropping at
the surface. However, the hole intersected significant intervals of copper and gold
which may be pointing towards an additional near-surface zone of copper as well as
a second gold corridor. MHB-17 results include:
• 20 ft (6.1 m) @ 0.16% Cu from 125 to 145 ft (38.1-44.2 m)
• 50 ft (15.2 m) @ 0.17% Cu from 330 to 380 ft (100.58-115.82 m)
• 25 ft (7.6 m) @ 0.16% Cu from 585 to 610 ft (178.31-185.93 m)
• 20 ft (6.1 m) @ 0.369 g/t Au from 470 to 490 ft (143.3-149.4 m)
MHB-20 and -22
Core holes MHB-20 and MHB-22 discovered the previously unknown intrusive. The
holes were located to drill into the Copper-Gold soils Target which is coincident with
a much larger anomalous remanent magnetic zone identified from the drone
magnetic survey in 2021. A deep, northeast-trending Induced Polarization (IP) high
also crosses the zone.
Initial reporting identified the intrusive as diorite intrusive. Detailed logging on sawn
core clearly indicates that it is granodiorite intrusive. The rhyolite intrusive, which
hosts mineralization in the historic mine areas at Majuba and drilled by the RC during
2021, have been logged in a cross -cutting relationship with the granodiorite.
Ongoing-detailed logging, thin- section work, and detailed slab-core examination is
in-progress to determine the exact relationship between the two intrusive types.
Multiple overlapping porphyry alteration events that have been identified throughout
the previous drilling and historical work were noted throughout the granodiorite core.
In addition to widespread propylitic and phyllic alteration their appears to be
extensive potassic alteration and magnetite bearing quartz veining. Additionally, a
second type of tourmaline has been noted. These all indicate the granodiorite is
probably related to the magma chamber that produced the copper at Majuba Hill.
The relationship of the granodiorite and the rhyolite intrusives combined with the
widespread IP geophysics indicate very high potential for a large, copper porphyry at
Majuba Hill.
5
MHB-22 807 ft (245.9 m)
Left: Quartz-Pyrite/Pyrrhotite. Right: Dark zones with Secondary Biotite
Summary Discussion of Results
The 2021 drilling results continue to expand on previous Bam Bam drilling and
historic drill results. The zones of widespread copper oxide and sulfide enrichment
combined with the newly discovered, underlying porphyry -altered granodiorite
intrusive strongly outline the potential for Majuba Hill to be a billion ton copper, silver,
gold porphyry deposit.
Mineralization is centered within a large contiguous land position. Bam Bam has
100% control of the emerging Majuba Hill Copper District by private ownership,
patented mining claims, and Federal Lode Mining claims.
The property is in Nevada, a Tier 1 mining district that is the most mining friendly
place in North America and has well developed transportation, power, and workforce
infrastructure. Majuba is easily reached by 23 miles of well-maintained roads leading
from U.S. Interstate 80. The existing highways are sufficient for transportation of
exploration-size heavy eq uipment. Development logistics would use the 4 lane
Interstate 80 highway, Union Pacific railroad tracks and power, natural gas, and fiber
optic transmission lines in the rail – highway corridor.
David Greenway, President and CEO, commented: “With copper at all-time highs,
Bam Bam anticipates growing into a mid-tier with Majuba moving from a discovery
play into a resource development project. Copper use continues to grow and projects
the size of Majuba in safe jurisdictions are needed to meet world demands.”
6
Table of Significant Intercepts
Drill Hole From ft To ft Int ft From m To m Int m Cu% Ag g/t Au g/t Mo ppm Zn% Depth ft Depth m
MHB-10 0 845 0.0 257.6 0.10 8.77 0.043 5 0.105 845 257.6
0 40 40 0.0 13.7 13.7 0.14 12.10 0.041 6 0.108
325 350 25 99.1 106.7 7.6 0.19 8.30 0.016 2 0.104
400 460 60 121.9 140.2 18.3 0.17 12.50 0.036 6 0.019
570 655 85 172.2 199.6 27.4 0.18 12.47 0.032 8 0.013
800 845 45 242.3 257.6 15.2 0.18 10.30 0.030 11 0.049
High Gold 50 55 5 15.2 16.8 1.5 1.515
High Gold 730 735 5 222.5 224.0 1.5 0.370
High Gold 790 795 5 240.8 242.3 1.5 0.684
MHB-11 0 500 0.0 152.4 0.02 2.76 0.011 18 0.007 500 152.4
MHB-12 0 700 700 0.0 213.4 213.4 0.02 2.47 0.006 12 0.009 700 213.4
MHB-13 0 685 0.0 208.8 0.03 2.10 0.005 12 0.006 685 208.8
MHB-14 0 1170 1170 0.0 356.6 356.6 0.07 3.80 0.060 54 0.009 1170 356.6
670 675 5 202.7 204.2 1.5 0.43 1.80
730 815 85 222.5 248.4 25.9 0.43 8.00 0.058 112 0.006
includes 735 745 10 224.0 227.1 3.1 3.11 27.40
and 740 745 5 225.6 227.1 1.5 5.38 45.70
1030 1110 80 313.9 338.3 24.4 0.26 2.70 0.148 130 0.021
MHB-15 0 1000 0.0 304.8 0.04 2.98 0.020 43 0.007 1000 304.8
880 940 60 268.2 286.5 18.3 0.23 5.70 0.011 66 0.019
985 995 10 298.7 303.3 4.6 0.19 10.60
MHB-16 0 625 0.0 190.5 0.03 2.73 0.010 10 0.065 625 190.5
MHB-17 0 800 800 0.0 243.8 243.8 0.05 2.77 0.040 19 0.059 800 243.8
125 145 20 38.1 44.2 6.1 0.16 11.65 0.058 32 0.042
330 380 50 100.6 115.8 15.2 0.17 3.50 0.015 11 0.060
585 610 25 178.3 185.9 7.6 0.16 5.90 0.100 32 0.038
High Gold 470 490 20 143.3 149.4 6.1 0.369
MHB-18 0 800 0.0 243.8 0.03 3.37 0.030 55 0.008 800 243.8
630 705 75 192.0 214.9 22.9 0.21 5.40 0.010 108 0.008
High Gold 695 705 10 211.8 214.9 3.0 0.228
MHB-19 0 185 0.0 56.4 0.06 6.30 0.010 20 0.009 0 0.0
20 55 35 6.1 16.8 10.7 0.18 11.00 0.010 14 0.012
MHB-20 0 1017 1017 0.0 310.0 310.0 0.00 1.24 0.016 1 0.021 1017 310.0
MHB-21 0 1490 0.0 454.2 0.10 2.20 0.044 40 0.006 1490 454.2
40 65 25 12.2 19.8 7.6 0.16 9.00 0.010 14 0.004
200 225 25 61.0 68.6 7.6 0.16 3.30 0.010 42 0.004
345 370 25 105.2 112.8 7.6 0.18 5.00 0.066 20 0.013
435 450 15 132.6 137.2 4.6 0.26 5.00 0.048 26 0.005
includes 440 445 5 134.1 135.6 1.5 0.66 5.80
665 680 15 202.7 207.3 4.6 0.17 2.20 0.047 14 0.003
915 930 15 278.9 283.5 4.6 0.18 2.00 0.063 140 0.005
970 1280 310 294.1 390.1 96.0 0.27 1.60 0.068 71 0.007
includes 1195 1205 10 364.2 367.3 3.0 2.51 1.00
MHB-22 0 1803 0.0 549.4 0.004 0.65 0.010 8 0.007 1802.5 549.4
MHB-23 0 1000 1000 0.0 304.8 304.8 0.05 4.20 0.030 38 0.008 1000 304.8
890 1000 110 271.3 305.0 33.7 0.21 3.30 0.093 153 0.025
includes 995 1000 5 303.3 304.8 1.5 1.63 9.20
MHB-24 0 800 0.0 243.8 0.07 15.22 0.020 12 0.045 800 243.8
460 570 110 140.2 173.7 33.5 0.16 8.60 0.024 6 0.093
660 680 20 201.2 207.3 6.1 0.16 12.90 0.048 5 0.005
700 800 100 211.8 243.8 32.0 0.16 9.10 0.018 5 0.088
MHB-25 0 460 0.0 140.2 0.01 0.49 0.000 1 0.007 460 140.2
MHB-26 0 1000 1000 0.0 304.8 304.8 0.02 1.09 0.000 1 0.013 1000 304.8
25 45 20 7.6 13.7 6.1 0.33 16.60 0.040 1 0.036
7
Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody
The Company has implemented a QA/QC program using best industry practices at
the Majuba Hill Project. The samples are transported from the BBR secure warehouse
or directly from the project to the ALS Sample Prep Facility in Reno or Elko, Nevada.
ALS then t ransports the prepared pulps to their analytical lab in Reno, Nevada or
Vancouver, B.C. Soil and rock chip samples are transported by the company directly
to Elko or Reno, Nevada.
Drill core samples are sawn in half lengthwise and one half is placed in labeled cloth
sample bags. All samples are analyzed for copper, gold, silver, and 3 3 other
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 remaining 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 drill duplicates and copper-
gold-porphyry commercial standard reference material pulps.
Qualified Person
The scientific and technical information contained in this news release has been
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/ silver/gold
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. Such 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 District located 156
miles outside Reno, Nevada, USA. Management has been mandated to focus on safe,
mining friendly jurisdictions where government regulations are supportive of mining
operations.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway”
David C. Greenway
President & CEO
8
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
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.
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", "anticipat es", "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-l ooking 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.