VANCOUVER, BC — April 29th, 2020 — Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPA) (“Bam Bam” or the “Company”) is pleased to announce that the Phase 1 2020 drill program is underway at its flagship Majuba Hill Property (the “Property”), a copper, gold porphyry project located in Pershing County, Nevada. The two core holes are planned to aid in expanding the oxide copper-gold mineralization on the Property.
Mr. David Greenway, CEO, commented: “We are glad to be able to begin the drilling at Majuba. Our planning for this project allows us to move forward with drilling that is designed to expand the copper, gold, and silver mineralization identified in the historic data. Majuba is an exciting project and the opportunity to expand the historic zones will strengthen Bam Bam Resources’ position as a junior resource company. Our Nevada contractors are able to safely operate within all of the Covid-19 protocols mandated by the Governor of Nevada and the U.S. Federal government.”
Phase 1 Drilling Program
Drilling has begun and is being conducted by Harris Exploration Drilling & Associates Inc. (“Harris”) of Fallon, NV, using a track mounted Core Rig. The two initial core drill holes will target the high-grade copper zones containing significant gold and silver that were identified from historic mining and drilling data. Bam Bam field personnel and contractors are using operational health and safety protocols consistent with ensuring the health and safety of its people, the local community, and the State of Nevada.
The drill program is being managed by Bam Bam’s Exploration Geologist, E.L. “Buster” Hunsaker III, a Qualified Person as defined by NI 43-101. He is a Certified Professional Geologist (CPG 8137) with the American Institute of Professional Geologist.
About the 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 miles of well-maintained dirt roads leading from U.S. Interstate 80. Three gold zones are outlined based on the historic data. The gold zone in the main target area overlaps with the oxide copper target zone that will be drilled in the upcoming program.
The scientific and technical information contained in this news release has been reviewed by E.L. “Buster” Hunsaker III, CPG 8137, Chairman of the Company’s Advisory Board, an 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, 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 C. Greenway
President & CEO
For further information, please contact:
P: (604) 318-0114
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 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.