BCM Completed Drilling Hole TK20 to Intercept Strong Porphyry-Skarn Mineralization at its 100% Controlled Thompson Knolls Project, Utah
Rhea-AI Summary
BCM Resources (OTC:BCMRF, TSXV:B) reported completion of diamond drill hole TK20 at its 100% controlled Thompson Knolls copper-gold project in Millard County, Utah, to a depth of 4,317 ft (1,261 m). The company added 255 ft of drilling since its August 6, 2026 update, with parts of the additional core showing visible copper, extending the continuous mineralized interval to 1,951 ft (594 m).
According to BCM Resources, TK20 intersected intercalated latite porphyry dikes and skarn with copper mineralization down to 4,207 ft (1,282.2 m) before transitioning into hornfels and barren marble at depth. Spot Niton readings on sulfides in core photos returned values of 6.2% Cu and 5% Cu, with one breccia zone estimated at 7% sulfides and a 2:1 pyrite-to-chalcopyrite ratio. Sample preparation and core processing for TK20 are ongoing, supported by a second core-cutting shift, and BCM plans to start drilling a new vertical hole, TK21, about 250 m west of TK20 near earlier hole TK5.
Positive
- TK20 mineralized interval extended to 1,951 ft (594 m), the longest intercept reported at Thompson Knolls
- Hole TK20 completed to 4,317 ft (1,261 m), confirming deep porphyry-skarn copper system continuity
- High-grade spot readings on sulfides up to 6.2% Cu and 5% Cu in TK20 core
- Core processing capacity increased by adding a second core-cutting shift for TK20 samples
- Next hole TK21 planned 250 m west of TK20, targeting area where TK5 ended in copper sulfides
Negative
- TK20 mineralization transitions into barren marble at depth, limiting mineralized interval in this hole
- Historical hole TK5 was lost in May 2022 due to poor ground conditions at Thompson Knolls
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Vancouver, British Columbia--(Newsfile Corp. - August 17, 2026) - BCM Resources Corporation (TSXV: B) ("BCM" or the "Company") is pleased to announce that drilling of diamond drill hole TK20 was successfully completed to a depth of 4,317 ft (1,261 m) at its
TK20 added an extra 255 ft (77.7 m) since the time of the previous news release. Some of this additional core displays visible copper mineralization, thus extending the total mineralized interval to 1,951 ft (594 meters). This extended interval consists of an intercalation of latite porphyry dikes and skarn displaying copper mineralization (see Figures 1 and 2) to a depth of 4,207 ft ( 1,282.2 m). Mineralization eventually transitioned into hornfels and marbles, reaching a final depth of TK20 at 4,317 ft (1,261 m) where it was terminated.
Dr. Sergei Diakov, President and CEO of BCM Resources, commented: "We are delighted to see additional copper mineralization at the bottom of TK20 making this mineralized interval the longest and most highly mineralized intercept encountered to date at the Thompson Knolls project."
Additional highlights from hole TK20:
- TK20 mineralized interval now stands at 1,951 ft (594 m)
- Bottom of the hole went through mineralized tonalite and latite porphyry dikes intercalated with mineralized skarn (see Figures 1 and 2) and terminated in barren marble
- The sample preparation for TK20 drill core is ongoing. Core processing productivity has been increased by introducing a 2nd core-cutting shift
- With the completion of Hole TK20 closure, BCM will start drilling another vertical hole, TK21, which will be located approximately 250 m west of TK20 near previously drilled TK5 (see Figure 3). TK5 was lost in May 2022 due to poor ground conditions, but the final 2 meters encountered appreciable copper sulfides.
Figure 1. Mineralized fine-grained latite intruded the skarn at 4,167.5 ft, with sulfides. Niton spot reading on this sulfide returned
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Figure 2. Dark patches of sulfides and Mn. Niton spot reading at white circle in sulfide patch returned
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Figure 3. Location of TK21 drill hole
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Qualified Person and QAQC
Mr. Richard R. Redfern, M.Sc., a Certified Professional Geologist and a Company "qualified person" for the purposes of National Instrument 43-101, has verified and approved the information contained in this news release.
About BCM Resources Corporation
BCM Resources is a diversified Canadian mineral exploration company primarily focused on advancing exploration of its
ON BEHALF OF BCM RESOURCES CORP.
"Sergei Diakov"
President and Chief Executive Officer
For further information, please contact:
Investor Relations, Telephone: +1 (604) 646-0144, ext. 221
info@bcmresources.com
www.bcmresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Concerning Forward-Looking Statements:
This news release and related texts and images on BCM's website contain certain "forward-looking statements" including, but not limited to, statements relating to the interpretation of mineralization potential, drilling and assay results, future exploration work, and the anticipated results of this work. Forward-looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metals prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical, governmental, social, or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's projects; uncertainties involved in the interpretation of sampling and drilling results and other tests; the possibility that required permits and access agreements may not be obtained in a timely manner; risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions, and; the possibility of cost overruns or unanticipated expenses in these exploration programs.
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