Bronco Resources Starts Drilling at Placer Mountain
301 – 1665 Ellis Street • Kelowna, BC V1Y 7T2
www.broncoresources.com
NEWS RELEASE
Bronco Resources Starts Drilling at Placer Mountain
November 26, 2024 TSX-V: BRON
BRONCO RESOURCES CORP. (TSX -V:BRON) ( “Bronco” or the “Company”) is pleased to
announce the commencement of drilling at the Company’s Placer Mountain project in
Southern BC (“Placer Mountain” or the “Property”). Bronco Resources plans on drilling a
minimum of 1,500 meters focusing on the Kodiak Zone where high -grade gold was first
discovered in 2021. This is the first follow up program since the discovery. The 14,445-hectare
Placer Mountain property is located 15 kilometers south of the Copper Mountain Mine and
Mill1, owned by Hudbay Minerals Inc.
Corbin Stewart, CEO, commented “We are pleased to announce the commencement of drilling
at Placer Mountain for the first time since 2021. Placer Mountain is a new discovery with a
large geochemical footprint and limited drilling providing a fantastic opportunity in
southwestern BC. We look to maximize our budget and focus on putting as many meters as
possible into the ground over the coming weeks. We have a dynamic group, with a technical
team and drilling contractor local to southern British Columbia affording us significant cost
savings and flexibility. We are also very excited to announce Tim Henneberry will join Bronco
as its Technical Advisor. Tim was part of the original discovery team on the project and brings
a wealth of experience and knowledge. We would also like to thank Dr. Gerry Carlson for his
efforts and guidance over the years through the discovery , prospecting, geochemical,
trenching, and drilling programs.”
Bronco has engaged Dorado Drilling headquartered out of Vernon, BC as our drilling contractor
for this year’s program. Dorado has extensive drilling experience in BC as well as the Yukon,
NWT, Manitoba, Saskatchewan, Nunavut, Newfoundland and Ontario. With eleven diamond
drills currently in operation and over eighty employees Dorado has the experience and the
tools necessary to get job done safely and accurately.
Drilling will focus on testing the 1.5 kilometers gold-in-soil anomaly at the Kodiak Zone. The
2021 discovery drill program on the Kodiak Zone only tested 150 meters of the 1.5 kilometers
long anomaly. The 2021 program returned robust results with significant gold mineralization
in all holes including intervals of 3.0m of 39.20 g/t Au and 80.40 g/t Ag in KZ-21-05 and 1.4m
of 46.51 g/t Au and 32.20 g/t Ag in KZ-21-022.
301 – 1665 Ellis Street • Kelowna, BC V1Y 7T2
www.broncoresources.com
Tim Henneberry - Technical Advisor
Bronco Resources is pleased to announce R. Tim Henneberry has joined Bronco Technical
Advisor. Mr. Henneberry is a Professional Geologist registered in British Columbia Qualified
Person as defined by National Instrument 43-101 with 44 years of exploration and production
experience in precious and base metals, uranium, and industrial metals. Mr. Henneberry is
currently serving and has served as a founder, director, senior officer, and consultant to
numerous TSXV and CSE listed companies since 2004.
Mr. Henneberry currently holds Board positions with Grit Metals Corp., iMetal Resources Inc.,
J4 Ventures Inc., Questcorp Mining Inc., Silver Sands Resources Corp., Tana Resources Corp.
and Treviso Capital Corp. He also sits on the Advisory Boards of Atomic Minerals Corporation
and Max Resource Corp.
Grant of Stock Incentives
The Company has granted an aggregate of 8 75,000 stock options to directors, officers,
employees and consultants of the Company in accordance with the Company’s incentive
stock option plan, subject to regulatory acceptance. These incentive stock options are
exercisable at $0.09 per share for a period of 5 years.
1 This news release contains information about adjacent properties on which Bronco does not have the right to explore or mine.
Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company’s
properties.
2 The intervals reported in these tables represent drill intercepts and insufficient data are available at this time to state t he true
thickness of the mineralized intervals.
Qualified Person
R. Tim Henneberry , P .Geo, technical advisor to the Company, is the Qualified Person as
defined by National Instrument 43-101 who has reviewed and approved the technical data in
this report.
About Bronco
Bronco Resources Corp. is a TSX Venture listed Canadian public company with a Board of
Directors seasoned in the mineral exploration industry and having extensive and successful
international experience with a focus on identifying and acquiring prospective and under -
explored gold properties worldwide.
ON BEHALF OF THE BOARD OF DIRECTORS OF BRONCO
“Corbin Stewart”
Corbin Stewart, Chief Executive Officer
For additional information visit Bronco’s website at www.broncoresources.com or contact:
301 – 1665 Ellis Street • Kelowna, BC V1Y 7T2
www.broncoresources.com
Bronco Resources Corp.
Corbin Stewart
Chief Executive Officer
Disclaimer for Forward-Looking Information
This news release contains statements that constitute "forward -looking Information", as such term is
used in applicable Canadian securities laws . Such forward -looking information involves known and
unknown risks, uncertainties and other factors that may cause the Company’s actual results,
performance or achievements, or developments in the industry to differ materially from the anticipated
results, performance or achievements expressed or implied by such forward -looking information.
Forward-looking information includes 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 cond itions "will," "would," "may,"
"could" or "should" occur.
Although the Company believes the forward -looking information contained in this news release is
reasonable based on information available on the date hereof, by its nature forward-looking information
involves assumptions and known and unknown risks, uncertainties and other factors which may cause
our actual results, level of activity, performance or achievements, or other future events, to be materially
different from any future results, performance or achievements expressed or implied by such forward -
looking information.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks
and uncertainties associated with general economic conditions; adverse industry events; the receipt of
required regulatory approvals and the timing of suc h approvals; that the Company maintains good
relationships with the communities in which it operates or proposes to operate, future legislative and
regulatory developments in the mining sector; the Company ’s ability to access sufficient capital from
internal and external sources, and/or inability to access sufficient capital on favorable terms; mining
industry and markets in Canada and generally; the ability of the Company to implement its business
strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which
could result in delays, or cessation in planned work, risks associated with the interpretation of data, the
geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with
the Company’s expectations, as well as other assumptions risks and uncertainties applicable to mineral
exploration and development activities and to the Company, including as set forth in the Company’s
public disclosure documents filed on the SEDAR website at sedarplus.ca
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS
THE EXPECTATIONS OF BRONCO AS OF THE DATE OF THIS PRESS RELEASE AND,
ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE
UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON
THIS INFORMATION AS OF ANY OTHER DATE. WHILE BRONCO MAY ELECT TO, IT DOES NOT
UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS
REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release.
301 – 1665 Ellis Street • Kelowna, BC V1Y 7T2
www.broncoresources.com