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BCM Updates on Phase 3 Drilling Program at the TK Greenfield Cu-Au Porphyry Project, Utah, USA
VANCOUVER, BC / ACCESSWIRE / February 8, 2023 / BCM Resources Corp ("B" or the "Company") would ...
About this update from Bcm Resources Corporation
[{"type":"text","content":"BCM Updates on Phase 3 Drilling Program at the TK Greenfield Cu-Au Porphyry Project, Utah, USAVANCOUVER, BC / ACCESSWIRE / February 8, 2023 / BCM Resources Corp (\"B\" or the \"Company\") would like to update its shareholders about the advances in its exploration drilling program at Thompson Knolls (TK) greenfield Cu-Au-Ag-Mo porphyry system in southwestern Utah, USA. Diamond drilling is successfully advancing drill testing of the deep porphyry and skarn targets previously described in the Company press release dated October 12, 2022. The greenfield TK Cu-Au-Ag-Mo porphyry project is located approximately 210 km southwest of Rio Tinto's giant Bingham Canyon porphyry copper-molybdenum-gold mine and smelter complex near Salt Lake City, Utah. It is accessed by a highway and then by a network of gravel roads.President Dr. Sergei Diakov stated \"We continue advancing our Phase 3 drilling program with two drill holes recently completed and a third hole in progress. Drilling intercepted mineralization in the porphyry intrusion and surrounding skarns beneath the post-mineral cover. A significant skarn intercept in hole TK8, with a strong presence of sulfide mineralization, is very encouraging. We are looking forward to potentially exciting results from this drilling program.\"TK8 drill hole (completed, but failed to reach target depth). This hole was vertical (90 degrees) and located on the mineralized trend from drill holes TK1, TK3a & TK5 (Fig 2 in Exploration Drilling Update on BCM website BCM Resources Corp. | Presentations). Hole TK8 had a projected target depth of 4,000 ft (1,220m). The drill hole crossed a 1,484 ft-thick (452 m) post-mineral fanglomerate cover and then encountered a package of limestones, mudstones, and sandstones. Significantly, the limestones contain a well-developed diopside-marble skarn. The upper parts of this skarn are oxidized, then farther into the skarn drilling encountered a very intense sulfide-rich magnetite breccia in skarns stretching for over a 1,021.5 ft (313 m) interval. Locally, sulfide mineralization consists of pyrite (avg 10%)-pyrrhotite (avg 8%)-chalcopyrite (avg 5%) and is developed as clots/patches within massive magnetite breccias and in halos as disseminated mineralization. Unfortunately, after encountering a fault zone at depth of 3,021.5 ft (921 m) drillers lost the hole. The botto...