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BCM Resources Corporation: Inland Explorations Successfully Completes Geophysical Surveys at Thompson Knolls
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 17, 2015) - BCM Resources Corporation (TSX VENTURE:B), "BCM", the "Company," Is pleased to announce the success
About this update from Bcm Resources Corporation
[{"type":"text","content":" VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 17, 2015) - BCM Resources Corporation (TSX VENTURE:B), \"BCM\", the \"Company,\" Is pleased to announce the successful completion of ground gravity and magnetic surveys at the Thompson Knolls copper-gold-silver property in Millard County, Utah. As announced, BCM has entered into an agreement, to acquire up to 60-per-cent interest in the property from Inland Explorations Ltd. The proposed transaction is subject to approval by the TSXV Exchange. Detailed gravity and magnetic surveys were completed on the property by Magee Geophysical Services LLC of Reno, Nevada. The surveys were designed by James Wright of Wright Geophysics of Spring Creek, Nevada, a recognized expert in Great Basin gold-copper geophysics. The geophysics program was formed based upon the recommendations of BCM's vice-president of exploration, Rick Redfern. The new ground gravity and magnetic surveys covered the central part of the northwest-trending gold-copper-silver target area at Discovery Knoll and a large part of the main porphyry target in the northern part of the Thompson Knolls property. The new ground magnetics survey showed that the rocks in the Discovery Knoll target area, and around Thompson Knoll itself, display a low magnetic signature, likely represented by altered rocks. This is in contrast to the strong magnetic high present in the main Porphyry exploration target area. Mr. Wright interpreted that zones of probable argillic alteration are present, as well as three target areas for skarn mineralization along part of the boundary of the magnetic high. The Discovery Knoll target area lies in a northwest-trending magnetic low, interpreted to be the most altered part of the surveyed area. The ground gravity survey showed two very strong gravity lows coincident with the magnetic high in the main porphyry target area. This area is interpreted to be a buried intrusive. Further work will be required to determine the nature and depth from surface of the interpreted intrusive. Prominent gravity highs are present in the area of exposed altered dolomitic carbonate strata in the property, and particularly along Discovery Knoll. A gravity high also was found at a new, intriguing area to the southwest, covered by the 25 new claims staked by Inland. A new induced polarization survey is proposed and is now being de...