VANCOUVER, BC — January 14, 2022 — Bam Bam Resources Corp. (CSE: BBR / OTC: NPEZF / FSE: 4NPB) (“Bam Bam” or the “Company”) is pleased to announce that a core rig has been secured for drilling at Bam Bam Resources Corp.’s Majuba Hill porphyry copper project in Pershing county, Nevada. A retainer with Falcon Drilling is in place to guarantee that Bam Bam will be able to continue with the core drilling plans.
In 2021 Bam Bam drilled 16 holes for a total of 4,539.5 metres (14,893.5 feet). Drilling focused on three areas.
- Majuba known copper-oxide;
- DeSoto copper-oxide target;
- Copper-gold target (new porphyry discovery — Bam Bam news: Nov. 8, 2021).
Early 2022 core drilling is planned to follow-up on the surface geophysical and geochemical signatures that appear to be related to the copper porphyry alteration drilled in the diorite intrusive, that was discovered in the copper-gold target area.
David Greenway, president and chief executive officer, commented: “I am very pleased that we have secured the core rig from Falcon. Their previous work and experience drilling on our programs will help us to quickly expand the emerging porphyry copper district at Majuba Hill.”
Quality assurance/quality control (QA/QC) measures, chain of custody
The company has implemented a QA/QC program using best industry practices at the Majuba Hill project. The samples are transported from the Bam Bam secure warehouse or directly from the drill to the ALS sample prep facility in Reno or Elko, Nev. ALS then transports the prepared pulps to their analytical lab in Reno, Nev., or Vancouver, B.C. Soil and rock chip samples are transported by the company directly to Elko or Reno, Nev.
Drill core samples are sawn in half lengthwise and one-half is placed in labelled cloth sample bags. All samples are analyzed for copper, gold, silver and 33 other elements. Gold is determined by ALS method Au-AA23 which is a fire assay with an AAS finish on a 30-gram split. Copper, silver and the remaining 31 elements are determined by ALS method ME-ICP61 which is a four-acid digestion and ICP-AES assay. Approximately 5 per cent of the submitted samples are drill duplicates and copper-gold-porphyry commercial standard reference material pulps. The sample rejects and remaining pulps will be retrieved from ALS.
Further, the company has granted an aggregate 17.5 million restricted share units to directors, officers and consultants of the company. The RSUs are valid for a one-year term and are governed by the company’s RSU plan, approved by the company’s shareholders on Dec. 2, 2019.
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.
About Bam Bam Resources Corp.
Bam Bam 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 fuelled by the new green deal in the United States 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 district located 156 miles outside of Reno, Nev., United States. Management has been mandated to focus on safe, mining-friendly jurisdictions, where government regulations are supportive of mining operations.
On Behalf of the Board of Bam Bam Resources Corp.
David C. Greenway
President & CEO
For further information, please contact:
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.