Bam Bam Resources Announces Silver Outlined Using Historic Data at the Majuba Hill Property
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Press Release June 18, 2020
Bam Bam Resources Announces Silver
Outlined Using Historic Data at the
Majuba Hill Property
VANCOUVER, BC — June 18, 2020 — Bam Bam Resources Corp. (CSE: BBR / OTC:
NPEZF / FSE: 4NPA) (“Bam Bam ” or the “Company”) is pleased to provide this
update identifying five prominent silver zones that correlate with the oxide copper
zone and the three gold zones discussed in the News Release on April 27, 2020.
The ongoing exploration and historical data review have identified significant silver
values in historic drill holes, surface rock chips, and soil samples.
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The primary silver zone overlaps with the oxide copper target zone where core holes
MHB-1 and MHB-2 were drilled. Four outlying silver zones are highlighted from the
historic data. These zones also correlate with the gold zones.
Historic exploration data includes drilling, surface rock chip sampling, and surface soil
sampling assay results that also contain silver assays (NI 43-101 Technical Report,
A.J. Morris, May 2017).
Mr. David Greenway , President & CEO, commented: “I am pleased that we are
improving our understanding of the Majuba Hill copper-gold-silver porphyry system.
The historic production of 184,000 ounces reported by Matson (US Bureau of Mines,
1948) was significant. These additional target zones will be one of the keys we use
to advance Majuba to a district scale exploration property.”
• Silver in historic drill assay results were significant in 25 of the holes drilled at
Majuba Hill.
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• Historic rock chip sampling returned 980.6 ppm Ag (28.6 oz Ag/ton) to
<Detection in 288 samples.
• Historic soil sampling returned 219.8 ppm Ag (6.4 oz Ag/ton) to <0.005 g/t
gold in 994 samples.
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Hole From (ft) To (ft) Interval (ft) Silver (ppm)
DDH-4 1941 Core Freeport-Underground 60 220 160 12.2
260 540 280 19.2
580 680 100 12.7
DDH-5 1941 Core Freeport-Underground 80 215 135 19.1
DDH-6 1941 Core Freeport-Underground 0 60 60 6.3
100 200 100 8.9
220 381 161 17.9
MF-01 1970's Minefinders Core 780 840 60 9.3
870 950 80 15.1
970 1050 80 10.6
1060 1120 60 14.9
MF-02 1970's Minefinders Core 350 410 60 7.8
MF-04 1970's Minefinders Core 260 330 70 6.8
MF-05 1970's Minefinders Core 10 80 70 16.7
MH-3 2007 Minterra RC 145 325 180 14.6
MH-5 2007 Minterra RC 0 60 60 44.8
65 300 235 13.1
440 500 60 8.6
MH-6 2007 Minterra RC 0 140 140 65.5
MH-7 2007 Minterra RC 75 130 55 18.2
160 330 170 32.3
335 400 65 16.4
MH-10 2008 Minterra RC 190 260 70 9.6
485 565 80 14.0
MH-11 2008 Minterra RC 55 220 165 11.2
285 365 80 14.3
MH-12 2008 Minterra RC 380 470 90 13.6
475 565 90 12.7
MH-13 2008 Minterra RC 235 340 105 15.0
MM-02 2011 Max Core (twin of MH-02) 225 290 65 10.9
MM-03 2011 Max Core (twin of MH-02) 205 295 90 41.0
300 380 80 22.0
MM-05 2011 Max Core (twin of MH-02) 65 210 145 17.5
215 292.8 77.8 9.0
MM-06 2011 Max Core (twin of MH-02) 0 170 170 62.1
MM-07 2011 Max Core (twin of MH-02) 250 305 55 27.6
340 430 90 74.5
MM-17 2011 Max Core (twin of MH-02) 205 310 105 13.9
MM-20 2011 Max Core (twin of MH-02) 885 940 55 9.9
MM-21 2012 Max Core 775 970 195 15.2
MMX-24 2012 Max Core (High Grade Sulfide) 495 555 60 9.4
565 625 60 7.8
715 870 155 16.6
965 1025 60 9.6
MG1703 2017 Galileo Core 687 751 64 11.8
904 1030 126 9.9
1037 1128 91 10.9
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Exploration and historic production data available on Majuba Hill outline excellent
potential for the discovery of new economic zones of silver mineralization. Production
reported from historic underground mines in the project area (see Nevada Bureau of
Mines and Geology Bulletin 86) included 184,000 ounces of silver.
About 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 m iles of well-maintained dirt roads
leading from U.S. Interstate 80.
Qualified Persons
The scientific and technical information contained in this news release has been
reviewed by E.L. "Buster" Hunsaker III, CPG 8137 , an 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: 4NPA) is engaged in the
identification, review and acquisition of latter stage copper and copper/gold assets.
With its flagship project being Majuba Hill copper gold project located 156 miles
outside Reno, Nev ada, 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:
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
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"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.
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