Bam Bam Resources (CSE:BBR) Corp said it has begun the search for firms to provide long-range environmental planning for the Majuba Hill project in Pershing County, Nevada.
Drilling that is planned for 2022 can be completed within the existing US Bureau of Land Management (BLM) notice level authorization and on the private ground, the company said. Because of the dramatic increase in target size and the number of targets the company is starting longer-range planning to accommodate drilling in 2023 and beyond, it added.
The company said it has reached out to several major environmental firms and expects to be able to choose a firm quickly.
In a statement, David Greenway, Bam Bam president and CEO, commented: "Our development in 2021 at the Majuba Hill District has identified multiple new zones and caused the size of the program and project to expand dramatically. This furthers in our assessment that the copper/gold deposit holds a widely disseminated porphyry-style deposit with an oxide cap."
READ: Bam Bam Resources pleased with progress made at Majuba Hilll; awaits results from latest drill round
"I am looking forward to engaging an environmental firm that can provide assistance and strategic advice as we proceed with exploration and development at Majuba," he concluded.
Bam Bam Resources is engaged in the identification, review and acquisition of latter stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fueled by the Green New Deal in the US and most other developed nations with similar programs aimed at addressing climate change.
Such programs are heavily reliant on silver, gold and especially copper to produce Electric Vehicles and other renewable power sources, as well as building infrastructure to provide clean and affordable electricity.
The company's flagship project is the Majuba Hill copper, silver and gold district located 156 miles outside Reno, Nevada. Management has been mandated to focus on safe, mining-friendly jurisdictions where government regulations are supportive of mining operations.
Contact the author at jon.hopkins@proactiveinvestors.com