VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 20, 2015) – BCM Resources Corporation (TSX VENTURE:B) (“BCM”, the “Company”) is pleased to report that Inland Explorations Ltd. has just finished staking 25 new lode mining claims at the Thompson Knolls, Utah copper-gold property which will be covered under the previously announced, Agreement with Inland Explorations for an option to acquire up to a 60% interest in Inland’s Thompson Knolls property. The proposed transaction is subject to approval by the TSXV Exchange.
These 25 lode claims, totaling 500 acres, were staked upon the recommendations of BCM’s Vice President of Exploration, Rick Redfern. The existing claimblock protected the location of the high grade drillhole 96-6, which had a 30-foot intercept started at a depth of 82 metres that assayed 30 feet @ 8.01 g/t gold (0.234 oz/ton Au) and included a 10 foot interval that assayed 21.06 g/t gold (0.615 oz/ton Au). A 20-foot copper-silver rich interval in the same hole starting at a depth of 131metres that contained 0.28% copper and 2.9 ounces per ton silver. These assay results are from historic drilling and are presented for information only. These results cannot be relied upon as they have not been confirmed by a Qualified Person.
Mr. Redfern suggested the possibility that the copper intervals could be related to a mineralized intrusive system at depth. He interpreted that these zones of gold and copper mineralization may follow a northwest-southeast structural/alteration trend.
The company’s Vice President of Explorations, Richard R. Redfern, M.Sc. and Certified Professional Geologist, a ‘qualified person’ for the purposes on National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release, and evaluated the interpretations contained in this news release.
About BCM Resources Corporation:
BCM Resources Corporation is a diversified Canadian mineral exploration company focused on identifying, acquiring, advancing, and joint venturing prospective Copper, Gold, and Molybdenum exploration projects in British Columbia and Utah. BCM Resources is managed by experienced and successful board members and advisors. For further information, including area maps, sections, and photos, please visit our web site at www.bcmresources.com or contact us by e-mail at [email protected].
ON BEHALF OF THE BCM BOARD OF DIRECTORS
Dale McClanaghan, President and CEO
Caution Concerning Forward-Looking Statements
This news release and related texts and images on BCM Resource Corporation’s and Inland Explorations Ltd.’s websites contain certain “forward-looking statements” including, but not limited to, statements relating to interpretation of mineralization potential, drilling and assay results, future exploration work, and the anticipated results of this work. Forward-looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metals prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical, governmental, social, or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the company’s projects; uncertainties involved in the interpretation of sampling and drilling results and other tests; the possibility that required permits and access agreements may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in these work programs.
Forward-looking statements contained in this release are based on the beliefs, estimates, and opinions of management on the date the statements are made. There can be no assurance that such statements will prove accurate. Actual results may differ materially from those anticipated or projected. BCM Resources Corporation undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates, opinions, or other factors, should change.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.
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