Bcm Resources Corporation · TSXV:B
Bcm Resources — Corporate Update (January 2024)
24 slides from Bcm Resources's corporate update, Jan 8, 2024
Slide 1: Thompson Knolls Cu-Au-Mo Discovery
BCM Resources Corp. Thompson Knolls Cu-Au-Mo Discovery Project Update Presentation January 8, 2024 1
Slide 2: Disclaimer
Disclaimer Disclaimer BCM Resources Corporation is an early-stage mineral resource exploration company with no mineral projects that have been proven to be economic. The Thompson Knolls property is distinct and separate from any adjacent property, including Kings Canyon and Bingham, and the issuers,
Slide 3: Introduction
Introduction • Thompson Knolls Cu-Au-Mo porphyry system is located in King’s Canyon district, western Millard County, Utah, 3.5 km south of Highway 6/50 (“TKP”, “Property”, “Thompson Knolls”) • TKP property comprises 225 filed claims and 2 parcels of Utah State leased lands totaling 5,540 acres (2,2
Slide 4: Introduction (Continued)
Introduction (Continued) • Thompson Knolls is a newly discovered Cu-Au-Mo porphyry system in Western Utah. BCM is focused to turn this technical success into an economic commercially viable deposit • BCM has strong technical team with previous track record of successful porphyry discoveries around t
Slide 5: General Setting
General Setting • Great Basin terrain, valley between Confusion and Snake Ranges, immediately west from foothills of Confusion Range • Great Basin National Park granite intrusions ~160 Ma • TKP quartz monzonite porphyry (QMP) intrusions in Late Jurassic (Kimmeridgian time), between 156 to 152.7 Ma •
Slide 6: General Setting (Continued)
General Setting (Continued) • Confusion Range synclinorium with several detachment faults in Paleozoic carbonate rocks • Carbonates of Guilmette limestones Dg, Simonson dolomites Ds and Sevy dolomites Dsy are host rocks for TKP QMP intrusion 6
Slide 7: Brief Geological Summary
Brief Geological Summary • Surface rocks at TKP are limestones of Devonian Guilmette formation and overlying lithified limestone- and dolostone-clasts fanglomerates (“fgl”), locally covered by thin layers of colluvium and lakebed sediments – post mineral cover • Occasional limestone debris flows uni
Slide 8: TKP Exploration History
TKP Exploration History • Not much of previous exploration work within Property limits • From 1989 to 1996, Crown Resources and Centurion Mines Corp. drilled 12 reverse circulation drillholes • Drillhole CKC-96-10 in southern portion named Discovery Knoll project area showed 9.14 m intercept startin
Slide 9: BCM Historical Work at TKP
BCM Historical Work at TKP • From 2016, BCM Resources considered TKP magnetic anomaly could be part of porphyry copper system at depth • In 2018, BCM drilled first core hole TK1 into the anomalously magnetic “high” and discovered a body of Cu-Au-Ag mineralized biotitic QMP at 181.4 m depth (just bel
Slide 10: TKP Geophysical / Geological Data Integration
TKP Geophysical / Geological Data Integration • BCM technical team compiled all historical geophysical data into 3D geophysical model • Combined geophysical and geological drilling data with surface geology was used as base model for directing targeted 3 drilling at highly mineralized parts of TKP p
Slide 11: TK Project Phase 1, 2 & 3 Drillholes
TK Project Phase 1, 2 & 3 Drillholes TK14 A Drillholes completed Drillholes under completion Magnetic anomaly Property in Phase 1 & 2 drilling in Phase 3 drilling outlines boundary 11
Slide 12: Work Completed Recently
Work Completed Recently • Phase 3 drill testing completed 5 drill holes (total 12 drill holes in TKP drilling Phases 1, 2 and 3). Drilling is on break now • BCM expanded land position: currently holding 225 claims on BLM ground and two leases on SITLA ground totaling 5,540 acres (2,242 ha) • BCM sec
Slide 13: BCM's TKP Landholding
BCM’s TKP Landholding Legend Recently claimed BLM ground Company claims on BLM land Company leases on SITLA land Highway I50 from Ely to Delta Existing unpaved roads 13
Slide 14: TK & DK Project Areas
TK & DK Project Areas Legend TK Project area DK Project area Highway I50 from Ely to Delta Existing unpaved roads 14
Slide 15: TK Mineralized Intercepts
TK Mineralized Intercepts Best drill hole intercepts to date: • TK5 (110 ft @ ~0.1% Cu) • TK6 (“Eureka” magnetite skarn with Cu mineralization 230 ft @ 0.41% Cu, 0.06 g/t Au, 5.65 g/t Ag, and 0.013% Mo including 40 ft @ 0.78% Cu, 1.2 g/t Au, 10.3 g/t Ag and 0.011% Mo) • TK8 (510 ft @ 0.66% Cu, 0.1 g
Slide 16: Selected Images of Mineralized Core
Selected Images of Mineralized Core 1 2 3 16
Slide 17: Selected Images of Mineralized Core (Continued)
Selected Images of Mineralized Core (Continued) 4 5 6 QMP intrusive rock 17
Slide 18: Selected Images of Mineralized Core (Continued - 2)
Selected Images of Mineralized Core (Continued - 2) Photo 7. Drill hole TK6 at 3,420 ft depth. Sulfide rich magnetite breccia in 230 ft “Eureka” skarn zone Photo 8. Interval from 3,400 ft to 3,430 ft assaying 0.97% Cu, 0.14g/t Au, 0.086% Mo 18
Slide 19: Selected Images of Mineralized Core (Continued - 3)
Selected Images of Mineralized Core (Continued - 3) Photo 9. TK8 drill hole detail of Photo 10. TK8 drill hole detail of 11-ft interval of intense sulfide-magnetite interval of massive sulfide-magnetite brecciated marble skarn from 2,180 diopside breccia skarn. Interval 2,220 to to 2,190 ft assaying
Slide 20: Longitudinal Section DG
Longitudinal Section DG NWW SEE U D Legend Fanglomerate Limestones QMP intrusive (east) Note TK6, TK14, QMP TK7intrusive and (west) TK4 are projected Lowto cross- magnetite skarn section Rich magnetite skarn Fault zones 20
Slide 21: Cross-Section AB
Cross-Section AB S N Note TK7 is projected to cross-section 21
Slide 22: Planned Drillholes Under PoO
Planned Drillholes Under PoO N TK6 TK14 TK9 TK8 TK5 TK10 TK3a TK3 TK15 TK11 TK1 TK16 TK2 TK17 TK7 TK4 TK12 TK13 Legend DK14 DK13 DK1 Company claims on BLM land DK8 Company leases on SITLA land DK10 DK12 DK7 DK3 Previously drilled holes DK9 DK2 Drill holes permitted under DK4 DK6 DK11 current amended
Slide 23: Forward Plans
Forward Plans • Complete 3D data interpretation • Review viability of option to combine RC with diamond drill rigs (faster and more efficient prep work through cover) • Revise drilling NOI under PoO for multiple drill rigs program. Approve amended NOI with Utah BLM and DOGM • Execution of multiple r
Slide 24: END
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