Bam Bam Resources Corp (CSE:BBR) (OTCPINK:NPEZD) (FRA:4NPB) has increased its ground at the flagship Majuba Hill project in Nevada by 75% by adding 168 new mining claims and over 600 acres of private mineral and surface rights.
"I am pleased that we have been able to expand the Majuba Hill Project to over 13 square miles (approx. 34 square kilometers)," said David Greenway, the group's CEO, in a statement.
"This substantial increase to our land package continues our strategy of turning Majuba Hill into a much larger and established, district-size porphyry project. The goal is to continue to step out and find the true depth and size of the deposit."
Bam Bam is on the hunt for copper at the project, which is accessible via 23 miles of well-maintained dirt roads from U.S. Interstate 80, as a direct result of the growing electric vehicle (EV) industry.
It is worth noting that the project sits 120 miles northeast of Tesla's (NADSAQ:TSLA) Gigafactory.
Between 1907 and 1960, Majuba Hill produced 2.8 million pounds of copper, 184,000 ounces of silver, over 885,000 pounds of lead and 5,800 ounces of lode gold.
Bam Bam said the total potential for the project is between 350 and 500 million tons of sulfide/oxide mineralization at grades of 0.4% copper, 12 parts per million (ppm) silver and 0.175 ppm gold.
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