BCM Resources Commences Core Tail Drilling at its 100% Controlled Thompson Knolls Porphyry-Skarn Project, Utah

Rhea-AI Summary

BCM Resources (OTC:BCMRF) has commenced diamond core tail drilling at its 100% controlled Thompson Knolls porphyry-skarn project in Utah, extending pre-collar hole TK15 from 2,030 feet toward planned depths up to 5,250 feet.

Pre-collar TK16 has also started; prior hole TK8 returned 155.4 m grading 0.66% Cu, 0.12 g/t Au and 7.4 g/t Ag, and holes are spaced ~250 m to test a southwest/south vector.

Positive

• Pre-collar hole TK15 drilled and cased to 2,030 ft
• Diamond core tails to extend TK15 to 5,250 ft
• Drill campaign is fully funded for 2026
• 100% control of Thompson Knolls project
• Prior intercept: 155.4 m @ 0.66% Cu, 0.12 g/t Au, 7.4 g/t Ag

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - March 30, 2026) - BCM Resources Corporation (TSXV: B) ("BCM" or the "Company") is pleased to announce that its first reverse circulation pre-collar hole, TK15, has been drilled and cased to a depth of 2,030 feet (618.7 m). Diamond core drilling has now commenced and will extend this hole to depths up to 5,250 feet (1,600.6 m). Meanwhile, drilling of pre-collar TK16 has recently commenced (see Figure below).

In a Company news release dated March 2, 2026, BCM announced it had contracted National EWP of Elko, Nevada, and TonaTec Exploration of South Jordan, Utah, to complete its fully funded 2026 drill campaign. National EWP is utilizing a Schramm Epiroc 685 Reverse Circulation rig to drill pre-collar holes, and TonaTec Exploration has deployed its AtlasCopco Christensen CS4002 Diamond Drill rig to drill core tails that will effectively test the highly prospective Thompson Knolls porphyry-skarn target.

Figure. Photo of two drilling rigs (National RC drill rig upfront and TonaTec diamond drill rig in the background) in action at Thompson Knolls.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6598/290404_2f9fcb474468e86d_002full.jpg

BCM's 100% controlled Thompson Knolls porphyry-skarn Cu-Ag-Au-Mo discovery is situated proximal to Highway 50 in southwestern Utah. In a company news release dated May 24, 2023, BCM announced a skarn-hosted intercept of 155.4 m grading 0.66% Cu, 0.12 gpt Au, and 7.4 gpt Ag in hole TK8. Following this discovery, the Company, through a research project undertaken by the Colorado School of Mines' Center to Advance the Science of Exploration to Reclamation in Mining ("CASERM"), analyzed core from TK8 and other nearby drill holes. This study identified a strong vector pointing to potentially increasing mineralization to the southwest and/or south of hole TK8. To test this theory, BCM has permitted an array of drill holes fanning out in a southwesterly and southerly pattern from TK8. Spacing between holes is approximately 250 m. Hole TK15 is located approximately 250 m southwest of hole TK8, and hole TK16 is approximately 250 m southwest of hole TK15. Both holes are vertical.

In pre-collar TK15, the contact between valley fill sedimentary material and bedrock is estimated to be at a depth of approximately 1,930 feet (588.4 m). Approximately 100 feet (30.5 m) of bedrock consisting of recrystallized limestone and skarn was encountered before pre-collar drilling ceased. Such rock types were encountered at similar depths in hole TK8.

Based upon magnetic data, BCM's geologic team believes skarn mineralization may underlie a broad area beneath the valley floor. World-class porphyry-skarn systems situated in the same geologic province as Thompson Knolls include KGHM's Robinson Mine, situated approximately 120 km west, and Rio Tinto Group's Kennecott Copper Mine (aka Bingham Canyon Mine), situated approximately 200 km northeast. Thompson Knolls shares numerous geologic characteristics with both of these important porphyry-skarn deposits.

About BCM Resources Corporation
The Company is a diversified Canadian mineral exploration company now focused on advancing exploration of the Thompson Knolls Porphyry Cu, Au, Ag, Mo discovery. The Company controls prospective Copper, Gold, and Molybdenum exploration projects in British Columbia. The Company is managed by experienced and successful board members and advisors. For further information, including area maps, sections, and photos, please visit our website at www.bcmresources.com or contact us by e-mail at info@bcmresources.com.

ON BEHALF OF BCM RESOURCES CORP.
"Sergei Diakov"
Chief Executive Officer

For further information, please contact:
Investor Relations, Telephone: 1 (604) 646-0144, ext. 331
info@bcmresources.com
www.bcmresources.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290404

FAQ

What drilling progress did BCM Resources (BCMRF) report on March 30, 2026 at Thompson Knolls?

BCM reported pre-collar hole TK15 was drilled and cased to 2,030 feet and diamond core tails began. According to the company, TK15 will be extended up to 5,250 feet while pre-collar TK16 has recently commenced as part of the 2026 program.

How far will BCMRF extend hole TK15 and what rig is drilling core tails?

BCMRF plans to extend TK15 to depths up to 5,250 feet using a diamond drill tail. According to the company, TonaTec Exploration deployed an AtlasCopco Christensen CS4002 diamond drill rig for the core-tail drilling.

What historical intercept supports Thompson Knolls exploration for BCMRF and where was it from?

BCM previously reported a skarn intercept of 155.4 m grading 0.66% Cu, 0.12 g/t Au and 7.4 g/t Ag from hole TK8. According to the company, this 2023 result motivates the current southwest/southward drilling fan.

How are BCM Resources' 2026 drill holes at Thompson Knolls positioned and spaced?

Drill holes are planned in a southwesterly and southerly fan with approximately 250 m spacing between holes. According to the company, TK15 lies ~250 m southwest of TK8 and TK16 is ~250 m southwest of TK15.

Who is conducting BCMRF's 2026 drilling and what equipment is used for pre-collars?

BCM contracted National EWP for pre-collar drilling using a Schramm Epiroc 685 Reverse Circulation rig. According to the company, National EWP handles RC pre-collars while TonaTec handles diamond core tails.

What geological target and comparable deposits does BCM Resources cite for Thompson Knolls (BCMRF)?

Thompson Knolls is described as a porphyry-skarn Cu-Ag-Au-Mo discovery, sharing characteristics with regional deposits. According to the company, comparisons include the Robinson mine (~120 km west) and Kennecott/Bingham Canyon (~200 km northeast).