VANCOUVER – Providence Gold Mines Inc. has completed the first stage of its comprehensive stockpile…
Drill Campaign The Controlled Thompson Knolls Porphyry-Skarn Cu-Au-Ag-Mo Project
VANCOUVER – BCM Resources Corporation has commenced at its Thompson Knolls porphyry-skarn Cu-Au-Ag-Mo discovery situated proximal to Highway 50 in southwestern Utah. The Company reported a skarn-hosted intercept of 155.4 m grading 0.66% Cu, 0.12 gpt Au, and 7.4 gpt Ag in hole TK8. Following this discovery, through a research project undertaken by the Colorado School of Mines’ Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), analyzed core from TK8 and other nearby drill holes. This study identified a strong vector pointing to potentially increasing mineralization to the southwest and/or south of hole TK8. To test this theory, BCM has permitted an array of drill holes fanning out in a southwesterly and southerly pattern from TK8. Spacing between holes is approximately 250 m. There will be a series of cased pre-collar holes through pediment fanglomerate gravel using reverse-circulation drilling. Upon completion of the first pre-collar hole, core tails will be completed to test extensions of the mineralized zone encountered in hole TK8. Based on magnetic data, BCM’s geologic team believes skarn mineralization may underlie a broad area beneath the valley floor. A number of permitted holes will also test the Porphyry mineralization in Area 2.
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