VANCOUVER—March 25, 2020— Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPA) (“Bam Bam” or the “Company”) is pleased to announce that contractors have been identified to carry out the drilling plans at the Majuba Hill Copper Project (the “Project”).
Mr. David Greenway, President & CEO, reports: “I couldn’t be happier with this exploration update! Drilling plans and contractors have been finalized for the Majuba Hill Copper Project. With copper coming back into the forefront and investor sentiment on the rise we are very excited to tell our shareholders about our plans to drill and update the NI 43-101 Technical Report for Majuba Hill. The previous results and our new interpretation of data has led us to pick the most advantageous locations for a mixture of core and RC holes. Very exciting times at Bam Bam.”
Majuba Hill is located 156 miles north of Reno, Nevada with excellent road and rail access. The Project is being explored for near-surface copper oxide porphyry-style mineralization as well as deeper porphyry-style copper, silver, gold sulfide mineralization. The Company plans to use Harris Exploration Drilling & Associate, Inc. to drill two core holes in the known copper oxide mineralization zone on the private, patented mining claims. Harris is based in Fallon, Nevada and has been providing drilling services for over 50 years.
The Company also plans to use Delong Construction and Drilling to build drill sites and access. Pending the acceptance of the Drill Notice by the BLM, Delong will also provide Reverse Circulation drilling for step out and exploration drill holes. Delong is based in Winnemucca Nevada.
Historic surface drilling has delineated an outcropping copper and silver oxide zone. Historic core holes drilled by Max Resources and described in the Technical Report prepared for Galileo Exploration Ltd. in May 2017 (NI 43-101 Technical Report, Majuba Hill Project, Pershing County, Nevada, A.J. Morris CPG QP) returned good oxide copper in a discrete area around the historic underground workings.
These include:
• MM-05: 89.2 m @ 0.27% Cu from 0 to 89.2 m
• MM-06: 47.4 m at 1.06% Cu from 0 to 47.4 m
• MH-7: 97.5 m at 0.33% Cu from 25.9 to 123.4 m
• MG1703: 20.4 m at 0.71% Cu from 102.9 to 123.3 m
• MMX-24: 112.8 m at 0.45% Cu from 222.5 to 335.3
The goal of the drilling is to confirm and extend the depth and width of the known copper oxide mineralization and to extend the oxide mineralization to the east.
The Company intends to complete the above drilling and initiate a NI 43-101 compliant report on the Project which will further delineate the next steps to be taken by the Company to advance the Project.
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. Management has been mandated to focus on safe, mining friendly jurisdictions and government regulations supportive of mining operations. On Behalf of the Board of Bam Bam Resources Corp.
On Behalf of the Board of Bam Bam Resources Corp.
“David Greenway” President & CEO
Corporate Office
310-221 West Esplanade North Vancouver, BC V7M 3J3
For further information, please contact:
E: dg@bambamresources.com
P: (604) 318-0114