Bam Bam Soil Results Highlight Discovery of New Copper Intrusive Centers at Majuba Hill
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Press Release February 23, 2021
Bam Bam Soil Results Highlight Discovery
of New Copper Intrusive Centers at
Majuba Hill
VANCOUVER, BC — February 23, 2021 — Bam Bam Resources Corp. (CSE: BBR /
OTC: NPEZF / FSE: 4NP B) (“ Bam Bam ” or the “Company”) is pleased to
announce that assay results have been received for 399 soil samples collected from
the eastern side of the intrusive complex at the Majuba Hill Porphyry Copper Project
in Pershing County, Nevada . Anomalous copper, silver, molybdenum, zinc, and
gold correlate with the intrusive centers identified from the 2020 exploration
program. Combining the soil results with 2020 geologic modeling, the historic al
geophysics, and historical geochemical data highlights the two newly recognized
intrusive centers. Overlapping Cu, Ag, Au, Mo, and Zn zones will provide additional
guidance for the 2021 exploration program.
Highlights
• Assay results have been received for 399 soil samples collected from the
eastern side of the intrusive complex at the Majuba Hill Porphyry Copper
Project.
• The discovery of the two newly recognized intrusive centers was achieved by
combining the soil results with 2020 geologic modeling, the historical
geophysics, and historical geochemical data.
• The strong correlation of the new intrusive centers with historic geochemistry
and IP geophysics is remarkably similar to the geochemistry/geophysical
association with the mineralized intrusive center drilled in BBR deep core
holes MHB-8 and MHB-9.
• Overlapping Cu, Ag, Au, Mo, and Zn zones will provide additional guidance
for the 2021 exploration program.
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The October 2020 soil sampling program was completed across section 35 which is
private surface and minerals, wholly owned by Bam Bam Resources. The soils were
laid out to extend the eastern copper, silver, and gold zones reported previously
(BBR news April 27, 2020 and June 18, 2020).
The western silver and gold zones reported earlier distinctly overlapped with the
known oxide copper target zone where core holes MHB -1 (74 feet/22.5 meters @
0.35% Cu and 10.2 ppm Ag) and MHB-2 (146 feet/44.5 meters @ 1.41% Cu and
97.6 ppm Ag) were drilled.
The strong correlation of the new intrusive centers with historic geochemistry and
IP geophysics is remarkably similar to the geochemistry/geophysical association
with the mineralized intrusive center drilled in BBR deep core holes MHB -8 and
MHB-9. Extensive chalcopyrite, chalcocite, and bornite associated with widespread
pyrite, arsenopyrite, and pyrrhotite drilled in MHB -8 and MHB -9 suggests that
intrusive centers at Majuba Hill may be mineralized.
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David Greenway, President & CEO, commented: “I am thrilled about t he discovery
of the two newly recognized intrusive centers. Majuba continues to expand as we
receive and evaluate the assay data from our 2020 exploration program. The
discovery of the newly recognized intrusive centers highlights the potential for high
grade enrichment and a large copper mineralization system. It is exciting to have a
major copper project in a safe jurisdiction which produces such outstanding results.
I am looking forward to seeing the results for our systematic, staged exploration
work in 2021.”
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 of well -maintained dirt ro ads 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
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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 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 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
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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 statement s 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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