Bam Bam Resources eyeing spring drilling at Majuba Hill after securing rig from Falcon Drilling
Bam Bam Resources (CSE:BBR) Corp said it has secured a core drill rig from Falcon Drilling to advance its flagship Majuba Hill porphyry copper project in Nevada, USA.
Drilling early this year is aimed at following up on surface geophysical and geochemical signatures that appear to be related to the “copper porphyry alteration drilled in the diorite intrusive, that was discovered in the copper-gold target area”, the firm noted.
David Greenway, CEO of Bam Bam told investors he was pleased to be working with contractor Falcon.
“Their previous work and experience drilling on our programs will help us to quickly expand the emerging porphyry copper district at Majuba Hill,” he said in a statement.
READ: Bam Bam Resources bolsters board with professional engineer and geologist, Segerstrom
In 2021, Bam Bam noted it sunk 16 holes for 4,539.5 metres (m) (14,893.5 feet) focused on three areas:
- Majuba known copper-oxide
- DeSoto copper-oxide target
- Copper-gold target (new porphyry discovery)
Bam Bam’s flagship project is the Majuba Hill copper, silver and gold district, which sits 156 miles from Reno, Nevada.
The company is focused on later-stage copper and copper/silver/gold assets in response to the growing worldwide demand and lack of supply for metals fueled by the Green New Deal in the US and most other developed nations with similar programs aimed at addressing climate change.
Contact the author at [email protected]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/971336/bam-bam-resources-eyeing-spring-drilling-at-majuba-hill-after-securing-rig-from-falcon-drilling-971336.html
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