"investingnews.com"

Bam Bam Completes 2021 Drill Program at Majuba Hill Project in Nevada

Bam Bam Resources Corp. (CSE: BBR) (OTC Pink: NPEZF) (FSE: 4NPB) ("Bam Bam" or the "Company") is pleased to report that the 2021 core and reverse-circulation ("RC") drill program is complete for the Majuba Hill Project in Pershing County Nevada. 2021 Drilling focused on three areas:

  • Majuba Known Copper Oxide
  • Copper-Gold Target (New Porphyry Discovery-BBR News Nov. 8, 2021)
  • DeSoto Copper Oxide Target

Sixteen holes were drilled for a total of 4,539.5 meters (14,893.5 feet).



Figure 1

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6332/106573_e1a6096b94a62ad5_001full.jpg

All RC and core samples have been processed and delivered to the ALS Sample Prep Facilities in Reno and Elko, Nevada. Assay results will be reported when they are complete.

David Greenway, President and CEO, commented: "I am pleased with the 2021 drilling program. The visual results we were able to report from the core in the Copper-Gold Discovery area is very exciting for the development of a significant copper porphyry deposit at Majuba Hill."

Hole Target Type Azimuth Angle Length (m) Length (ft)
MHB-10 Known Oxide RC 0 -90 257.6 845
MHB-11 Known Oxide RC 0 -70 152.4 500
MHB-12 Known Oxide RC 0 -45 213.4 700
MHB-13 Known Oxide RC 0 -90 208.8 685
MHB-14 Known Oxide RC 0 -90 356.6 1170
MHB-15 Known Oxide RC 0 -90 304.8 1000
MHB-16 Known Oxide RC 0 -90 196.3 644
MHB-17 Known Oxide RC 0 -90 243.8 800
MHB-18 Known Oxide RC 0 -90 243.8 800
MHB-19 Known Oxide RC 110 -45 54.9 180
MHB-20 Copper-Gold Core 10 -70 310.0 1017
MHB-21 Known Oxide RC 252 -80 454.2 1490
MHB-22 Copper-Gold Core 140 -60 549.4 1802.5
MHB-23 Known Oxide RC 0 -90 304.8 1000
MHB-24 Known Oxide RC 90 -45 243.8 800
MHB-25 DeSoto RC 0 -90 140.2 460
MHB-26 DeSoto RC 0 -90 304.8 1000

 

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 BBR secure warehouse or directly from the project to the ALS Sample Prep Facility in Reno or Elko, Nevada. ALS then transports the prepared pulps to their analytical lab in Reno, Nevada or Vancouver, B.C. Soil and rock chip samples are transported by the company directly to Elko or Reno, Nevada.

Drill core samples are sawn in half lengthwise and one half is placed in labeled 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% of the submitted samples are drill duplicates and copper-gold-porphyry commercial standard reference material pulps.

Qualified Person

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 ("NI 43- 101").

About Bam Bam Resources Corp.

Bam Bam Resources Corp. (CSE: BBR) (OTC Pink: NPEZF) (FSE: 4NPB) 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 fueled by the Green New Deal in the US 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 Reno, Nevada, USA. Management has been mandated to focus on safe, mining friendly jurisdictions where government regulations are 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 Greenway"

David C. Greenway
President & CEO

For further information, please contact:
Joel Warawa
VP of Corporate Communications
E: jw@bambamresources.com
P: 1 (855) 475-0745

Forward-Looking Statements

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106573

News Provided by Newsfile via QuoteMedia

The Conversation (0)
"investingnews"

Bam Bam Resources

Developing a Prospective High-Grade, Copper-Gold Asset with District Size Potential

Developing a Prospective High-Grade, Copper-Gold Asset with District Size Potential Keep Reading...
A gold bar with financial graphs overlays; text reads: 999.9 FINE GOLD, NET WT 200g.

Gold Climbs Above US$4,000 After Democratic Midterm Win

Gold prices surged on Wednesday (November 4) climbing above US$4,000 per ounce as the US dollar weakened following the US midterm elections.Spot gold advanced to US$4,063 per ounce, while spot silver jumped to US$52.32 per ounce by 4:55 p.m. ET. The US Dollar Index fell around 0.3 percent on... Keep Reading...
John Feneck, gold bars.

John Feneck: Gold, Silver, Midterms — Price Impact as US Votes

How will US midterm elections affect gold and silver prices? John Feneck, portfolio manager and consultant at Feneck Consulting, shares his thoughts, saying both precious metals could see further downside in the short term if Republicans lose both the House and Senate; however, the long-term... Keep Reading...
Adrian Day, gold bars.

Adrian Day: Gold Below US$4,000 — Buy Stocks Now or Wait?

Adrian Day, president of Adrian Day Asset Management, shares his thoughts on gold, saying while he's optimistic long term, the price could still fall further. "When do we jump in? You know, if I didn't own a single gold stock today, I would certainly be looking to buy (this) week. But if I've... Keep Reading...
Stacks of gold bars overlaid with upward arrow and financial data charts, background text reads various dollar amounts.

Brien Lundin: Rising Debt and Currency Risks Could Drive Gold Higher

Brien Lundin, editor of Gold Newsletter, says rising government debt and weaker currencies could help keep the gold price high over the long term, even as the market faces short-term ups and downs.Speaking at the New Orleans Investment Conference, Lundin, who hosts the event, said that although... Keep Reading...
Red stamp on paper with "approved" in bold red letters.

Gold Fields Secures Environmental Approval for Windfall Gold Project

Multinational miner Gold Fields (NYSE:GFI) has received environmental approval from the Quebec government to begin construction of its Windfall gold project in the Eeyou Istchee James Bay region, approximately 115 kilometers east of Lebel-sur-Quévillon by road.According to a Monday (November 2)... Keep Reading...
Craig Hemke, gold and silver bars.

Craig Hemke: Gold, Silver — Stack on Weakness, "Ultimate Game Changer" Ahead

Craig Hemke, publisher of TFMetalsReport.com, shares his perspective on recent declines in gold and silver, saying that while prices can still go lower, ultimately the math will work out in favor of precious metals and send them to much higher levels. "Gold's just gold. It just sits there.... Keep Reading...

Interactive Chart

Latest Press Releases

Related News