Date: December 10, 2020
Bam Bam Resources is engaged in the business of acquiring, exploring and developing prospective copper properties directly in response to the growth of the electric vehicle (EV) industry. Further, they're mainly focused on high grade, prospective copper properties in North America. In fact, the company is building a portfolio of copper projects in prospective, mining-friendly jurisdictions.
The company's exploration drill program at its flagship property in Nevada has yielded some exciting initial results. The results showed native copper and widespread copper sulfides that indicate district size potential.
The Majuba Hill Property is the companies flagship property where a drill program has shown exciting results. Moreover, the project shows indications of a potentially large Cu – Ag +/- Au mineralized body with many features in common with both large porphyry copper and silver – tin type mineralization. Small scale historic mining concentrated on the Majuba fault zone and veins in subordinate structures. Drilling has identified a body of oxide copper-silver mineralization. However, this body hasn't been fully defined or properly modeled to produce a mineral resource estimate. A few deeper drill holes, IP geophysical surveys, and surface geochemistry have tentatively identified target areas with potential to significantly expand the mineralization.
The property encompasses 4,822 acres of surface and mineral rights that include 3 patented lode mining claims as well as 632 acres of privately owned surface and minerals. The property is easily accessed via 23 miles of well-maintained dirt roads leading from U.S. Interstate 80.
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