VANCOUVER, April 28th, 2020 - Bam Bam Resources Corp.
(CSE: BBR / OTC: NPEZF / FSE: 4NPA) (“Bam Bam” or the “Company”) is pleased to is pleased to report that it has begun mobilizing for the 2020 Phase 1 drilling program at its flagship Majuba Hill Property (the "Property"), a copper, gold porphyry project located in Pershing County, Nevada.
Phase 1 Drilling Program
Harris Exploration Drilling & Associates Inc. of Fallon, NV, mobilized a track mounted Core Rig to the project site. The two initial drill holes are targeting the high-grade copper zones containing significant gold and silver that were identified from the historic drilling. 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 National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101"). He is a Certified Professional Geologist (CPG 8137) with the American Institute of Professional Geologist. Mr. Hunsaker holds a B.S. degree in Geological Engineering from Colorado School of Mines and an M.S. degree in Economic Geology from Colorado State University.
ALS Labs Limited will perform sample preparation at their Elko, Nevada facility. QA/QC protocols including blanks, standards, duplicates and chain of custody have been established and will be followed in accordance with best industry practices and in compliance with NI 43-101 guidelines. The current drilling is being done on Bam Bam's wholly-owned, patented mining claims and the same environmental safeguards and protocols used on the public lands will be maintained.
Mr. David Greenway, CEO, commented: “We are extremely pleased to have mobilized on this past-producing copper gold project, as only a small portion of the property has been drill tested. According to Alan J Morris MSc, CPG 10550, (NI 43-101 Technical Report, Majuba Hill Copper Project, Pershing County, Nevada, USA), historic underground mining on the Property produced 2.8 million lbs of copper; 184,000 ounces of silver; 885,800 lbs lead; 106,000 lbs zinc; 21,000 lbs tin; and 5,800 ounces of placer and lode gold between 1907 and 1960. We look forward to using modern mine exploration techniques to prove up better results than was historically mined."
The 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 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.