BeMetals Commences Exploration Program at the Pangeni Copper Project
TSXV – BMET
October 6, 2020 OTCQB – BMTLF
FRANKFURT – 1OI.F
BeMetals Commences Exploration Program at the Pangeni Copper Project
Vancouver, British Columbia – BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the
“Company” or “BeMetals”) is pleased to announce commencement of the fully funded exploration program
at the Pangeni Copper Project (Pangeni” or the “Project”), located in the western extension of the Central
African Copperbelt in Zambia (the “Zambian Copperbelt”). The primary objective for this year’s campaign is
to extend the copper mineralization discovered at two high-priority targets during the 2019 exploration
program, and potentially vector into higher grade areas.
John Wilton, President and CEO of BeMetals stated, “ We are pleased to have started a follow up phase of
aircore drilling at the Pangeni Copper Project. This project’s value relates to exploring through thin cover units
to test for extensions of the prolific Zambian Copperbelt, which hosts several world-class copper mines.
This is an exciting time for BeMetals with underground drilling already advancing at our high-grade Zinc-Silver-
Gold-Copper, South Mountain Project in Idaho, our ongoing global evaluation for an entry-level precious metal
project, and now the follow-up exploration program from the successful delivery of our last Pangeni Copper
Project drilling results in 2019.
At Pangeni , last year’s core drilling program resulted in the discovery of some very encouraging copper
mineralization at both the D2 and SW(E2) targets (see Figure 1 and highlights below). Those intersections are
generally hosted within broader zones of anomalous copper which are importantly associated with the same
alteration minerals known to occur in other large-scale copper deposits, being mined, within the Zambian
Copperbelt. Both the D2 target and SW (E2) targets are open for expansion along both strike and dip . We
intend to systematically test the interpreted geological structures at these targets with cost-effective lines of
shallow aircore drilling. Other priority targets on the property such as CT, will also be teste d with aircore
drilling before they are further evaluated with core drilling later in the year. We are also pleased to be
continuing our strong technical and local community relationship s with both Copper Cross Zambia Limited
and Pangeni Mineral Resources Limited, the optionees of this property.”
HIGHLIGHTS OF THE PLANNED 2020 PANGENI AIRCORE AND CORE DRILLING CAMPAIGN:
• To follow-up on encouraging copper intersections at the high priority D2 and SW(E2) targets during
the 2019 exploration program (See select results below and Figure 1 further below)
o D2 Target (1): Core Hole D2 -C1 intersected 5.50 metres (“m”) grading 0.53% copper (“Cu”)
Core Hole D2-C2 intersected 5.56m grading 0.47% Cu
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o SW(E2) Target(1): Core Hole E2 -C2 intersected 4.5 0m grading 0.39% Cu
including: 0.5m of 1.59% Cu & 0.5m grading 1.22% Cu
• To drill a total of approximately 3,500 metres for 100 shallow aircore holes and approximately 1,000
metres for five core holes to test copper geochemical targets from the aircore program
Note (1): Intertek Genalysis completed the analytical work with the core samples processed at their preparation fac ility in Kitwe,
Zambia. All analytical procedures were conducted in an Intertek Genalysis laboratory in Australia. Reported widths are drilled core
lengths as true widths are unknown at this time. Based upon current data it is estimated true widths range between 80 to 90% of the
drilled intersections.
PANGENI PROJECT 2020 EXPLORATION PROGRAM
The 2020 program will comprise a total of approximately 3,500 metres of aircore drilling for 100 aircore holes
(see Figure 1) and approximately 1,000 metres for five core holes. This program is planned to run until mid-
December with initial aircore results expected to be released in early December and then final core results
in early 2021. The planned aircore holes will be spaced at various distances along lines from 400m to 200m
and 100m infill centres based upon field results and observations. The program is designed to follow -up on
extensions and potential higher grade areas of copper mineralization discovered during the 2019 drill season
where hole D2-C1 intersected 5.50m grading 0.53% copper at the D2 Target and hole E2-C2 intersected 4.5m
grading 0.39% copper at the SW(E2) Target (See Figure 1). The results to date indicate a number of anomalous
zones of predominantly copper sulphide mineralization are present at both the D2 and SW(E2) targets. These
intersections are related to broader zones of anomalous copper which are associated with the same
alteration minerals known to occur at various copper deposits and large scale mines within the Zambian
Copperbelt. The CT Target will also be tested with two lines of aircore drilling.
The Pangeni Project is located along the western extension of the Zambian Copperbelt and is largely under-
explored due to an extensive layer of Kalahari sand that covers much of the bedrock geology in this region of
Zambia. At the Pangeni Property, the sand cover is thinner than most areas in the western extension of the
Copperbelt and only averages app roximately 25 metres in depth . The Company uses interpretations of
airborne magnetic data coupled with aircore drilling to generate copper targets beneath the covering units
of sand. These targets are then followed -up with core drilling. To date, BeMetals has discovered two high
priority targets with significant core drilled copper intersections and addi tional areas will also be explored
during the 2020 field season.
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Figure 1 : Location Map of Planned 2020 Aircore Drilling Lines and Existing Drill Hole Collars On
Interpreted Map of Surface Regolith at Pangeni Copper Project
THE PANGENI COPPER PROJECT
The Pangeni Project is located on the western extension of the Zambian Copperbelt, within the Lufilian Arc,
underlain by Katangan Supergroup metasediments situated unconformably on basement schists and gneisses,
which are covered by a thin veneer of Kalahari sands. The open pit Sentinel Copper Mine is operated by First
Quantum Minerals Ltd. some 130 kilome tres to the northeast of the Pangeni Project. A number of major
international mining companies have identified this region of the Zambian Copperbelt to be prospective for
the discovery of tier one copper mines and are also conducting extensive exploration work in this area.
The Pangeni Project property is geologically prospective for the following deposit types; Basement-hosted Cu
(analogues: the Lumwana Deposit, Nyungu Prospect), Sediment -hosted stratiform Cu -Co (analogues:
Nchanga, Konkola, Nkana, and Mufulira Deposits), other Domes Region Deposits e.g. Sentinel, and Kansanshi
and DRC Copperbelt Deposits e.g. Lonshi, Frontier, Kamoa-Kakula).
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Figure 2. Pangeni Copper Project Location Map in Zambia
Table 1. 2019 Drill hole, Azimuth, Dip, EOH depth, collar co-ordinates
Drill
Hole ID
Azimuth
Degree
Dip
Degree
End of hole
Depth
(m)
Easting
(m)
Northing
(m)
Elevation
(m)
D2-C1 310 -70 197.90 177281 8601289 1301
D2-C2 310 -70 197.90 177373 8601190 1302
E2-C2 310 -70 213.60 170428 8586453 1233
QUALITY ASSURANCE AND QUALITY CONTROL
The results reported here for this core drilling program were analyzed by Intertek Genalysis, an independent
and accredited laboratory. Samples were prepared at their facility in Kitwe, Zambia and analytical work
conducted in Australia. The results were determined using multi -acid, near total digest, and analyzed by
Inductively Coupled Plasma (“I CP”) Optical (Atomic) Emission Spectrometry (“OES”). The core sampling was
conducted with a robust sampling protocol that included the appropriate insertion of standard reference
material, duplicates, and blanks into the sample stream.
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Field operations and management have been provided by Remote Exploration Services (“RES”) an
independent geological consulting and contracting company. The core drilling was conducted by Blurock
Mining Services, of Kitwe, Zambia.
ABOUT BEMETALS CORP.
BeMetals is a new precious and base metals exploration and development company focused on becoming a
leading diversified metal producer through the acquisition of quality exploration, development and potentially
production stage projects. The Company is searching globally for an entry-level precious metals project while
progressing both its advanced high -grade, zinc-silver-gold-copper polymetallic underground exploration at
the South Mountain Project in Idaho, and its tier-one targeted, Pangeni Copper Exploration Project in Zambia.
BeMetals’ growth strategy is led by our strong board and management, founders of the Company and
significant shareholders, who have an extensive proven record of delivering considerable value in the mining
sector through the discovery, construction and operation of mines around the world.
The technical information in this news release for BeMetals has been reviewed and approved by John Wilton,
CGeol FGS, CEO and President of BeMetals, and a “Qualified Person” as defined under National Instrument
43-101.
On Behalf of BeMetals Corp.
“John Wilton”
John Wilton
President, CEO and Director
For further information about BeMetals please visit our website at www.bemetalscorp.com and sign-up to
our email list to receive timely updates, or contact:
Derek Iwanaka
Vice President, Investor Relations & Corporate Development
Telephone: 604-609-6141
Email: [email protected]
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 news release
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward- looking statements" and “forward looking information” (as defined under applicable securities
laws), based on management’s best estimates, assumptions and current expectations. Such statements include but are not limited to,
statements with respect to the plans for future exploration and development of the South Mountain and Pangeni projects, and t he
acquisition of additional base and/or precious metal projects. Generally, these forward -looking statements can be identified by the
use of forward -looking terminology such as "expects", "expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates",
"believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective ", and similar expressions, or that
events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of
future performance or results. Such statements involve known and unknown risks, uncert ainties and other factors that may cause
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actual results, performance or achievements to be materially different from those expressed or implied by such statements, including
but not limited to: the actual results of exploration activities, the availability of financing and/or cash flow to fund the current and
future plans and expenditures, the ability of the Company to satisfy the conditions of the option agreements for the South Mo untain
Project and/or the Pangeni Project, and changes in the world commodit y markets or equity markets. Although the Company has
attempted to identify important factors that could cause actual results to differ materially from those contained in forward- looking
statements, there may be other factors that cause results not to be a s anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate, as actual results and future events could differ materially from those antici pated in
such statements. The forward -looking statements and forward looking information are made as of the date hereof and are qualified
in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly
announce the result of any revisions to any for ward-looking statements or forward looking information contained herein to reflect
future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on for ward-
looking statements and information. Please refer to the Company’s most recent filings under its profile at www.sedar.com for further
information respecting the risks affecting the Company and its business.