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Mining

Bam Bam Resources receives results for 58 road cut-rock chip samples collected at Majuba Hill project in Nevada

The company returned samples showing 0.638 grams per ton gold (Au)

Bam Bam Resources Corp said it has received results for 58 road cut-rock chip samples collected from the new drill road construction at the Majuba Hill project in Nevada.

The company said the results “are very encouraging” with six samples returning greater than 2,000 parts per million ppm (0.2%) copper. All these samples occur within the western group of samples.

Bam Bam noted that five samples along this road returned good gold assays with a high of 0.638 grams per ton (g/t) gold (Au), as the results are consistent with the copper leaching/enrichment model that the company is using to guide the drilling.

The company said reverse circulation drilling is in-progress to expand and in-fill the Known-Copper Oxide mineralization. The rock chip zone is a 213 meter (700 feet) step-out from any previously drilling in the Known-Copper Oxide target area. All previous drilling was directed northward.

READ: Bam Bam says it will perform additional drilling for DeSoto copper oxide target at Majuba Hill

"The significant step-out that these high-grade oxide copper samples show is very encouraging,” said Bam Bam CEO David Greenway in a statement. “I am particularly encouraged that we are starting to see better gold assays from the surface rock chip sampling."

Drill core samples are sawn in half lengthwise and one half is placed in labeled cloth sample bags. All samples are analyzed for copper, gold, silver, and 33 other elements. Gold is determined by ALS method Au-AA23 which is a fire assay with an AAS finish on a 30-gram split.

The company said copper, silver, and the remaining 31 elements are determined by ALS method ME-ICP61. Approximately 5% of the submitted samples are drill duplicates and copper-gold-porphyry commercial standard reference material pulps. The sample rejects and remaining pulps will be retrieved from ALS.

Meanwhile, the company said it renewed its agreement with TD Media LLC, known as Life Water Media, to provide digital marketing services for 14 days, commencing on November 4, 2021, in consideration of US$150,000. Life Water Media will utilize its online programs to generate a greater following, increase investor awareness and attract new investors through many different online platforms and methods of engagement.

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

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