Bam Bam Resources Corp. is pleased to announce that Larry Segerstrom has agreed to join the Company's Advisory Board. Following a week-long detailed field, core, and detailed data review, Mr. Segerstrom was very encouraged by the strong porphyry signature shown by the Majuba Hill Project. David Greenway, President & CEO, commented: "I am pleased that we are able to attract a geologist with Larry's talent and porphyry [...]
Bam Bam Resources Corp. is pleased to announce that it intends to list, as a supplemental listing on the Canadian Securities Exchange , a total of 26,100,000 common share purchase warrants of the Company as a single class, originally issued pursuant to a private placement offering of the Company completed on September 14, 2020 . The Warrant listing is subject to receipt of acceptance from the CSE . David Greenway [...]
Bam Bam Resources Corp. is pleased to announce that its board of directors has approved a three for one stock split of the Company's common shares held by shareholders as of February 23, 2021 . Consequently, shareholders as of the Record Date will receive, on March 2, 2021 , two additional common shares for each common share held. In accordance with the Company's Articles, shareholder approval was not required for the [...]
Bam Bam Resources Corp. is pleased to announce that the size of the Majuba Hill Project has been increased by almost seventy five percent. The Company has added 168 new, unpatented lode mining claims and over 600 acres of private mineral and surface rights. This new land further centralizes control of the emerging porphyry copper district under the Bam Bam umbrella. Figure 1 To view an enhanced version of Figure 1, please [...]
Bam Bam Resources Corp. is pleased to provide an update for the Majuba Hill Project in Pershing County Nevada. Core logging, sawing, and sampling for the Phase 2 deep sulfide program is in progress and 2591 feet have been submitted to ALS for analysis. The remaining 2329 feet is expected to be submitted by years' end. On-site, "quick-logging" was very encouraging and native copper was observed in the oxide zone [...]
Bam Bam Resources Corp. is pleased to report that drilling in core holes MHB-7, MHB-8, and MHB-9 are complete. The core holes were placed to expand the sulfide copper porphyry mineralization intersected in historic drilling and to extend the known oxide mineralization. Three holes were drilled for a total of 4920 feet . Hole Azimuth Inclination Length Length MHB-7 0 -90 1473 449.0 MHB-8 125 -70 1635 498.3 MHB-9 315 -45 [...]
Bam Bam Resources Corp. is pleased to announce it has closed an over-subscribed non-brokered private placement financing for total gross proceeds of $2,590,000 . The Company has allotted and issued 5,180,000 units at a price of $0.50 per Unit. Each Unit is comprised of one common share and one transferable warrant . Each Warrant will entitle the holder to purchase one additional common share for a period of thirty-six [...]
Bam Bam Resources Corp. is pleased to announce a non-brokered private placement of up to $2,000,000 . The Company will issue up to 4,000,000 units at a purchase price of $0.50 per unit. Each unit will consist of common share of the Company and one transferrable share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at an exercise price of $0.80 for a period of 36 months from [...]
Bam Bam Resources Corp. is pleased to announce that Alan Morris, CPG, has been engaged to write a new National Instrument 43-101 Technical Report for its flagship Majuba Hill Property , a copper, silver, gold porphyry project located in Pershing County, Nevada. Mr. Morris was the author of the original Technical Report written in 2017, and he has over 39 years of geologic mineral exploration experience in the Western [...]
Bam Bam Resources Corp. is pleased to announce that Mr. Bradley J. Dixon has agreed to join the company's Board of Directors. Mr. Dixon will serve as a non-executive, independent member of the Bam Bam Board of Directors, effective immediately. Mr. Dixon is an attorney based in Boise, Idaho, and a partner with Givens Pursley LLP. He is the co-chair of the Givens Pursley Litigation Group and focuses his practice on a [...]
Bam Bam Resources Corp. is pleased to report that it has engaged Falcon Drilling Ltd. of Carson City, Nevada to drill 4,500 feet of core in three holes at its flagship Majuba Hill Property , a copper, silver, gold porphyry project located in Pershing County, Nevada. The Falcon BBS-56 deep hole drill rig is on-site and the Phase 2 drilling program is underway with each hole measuring approximately 1,500 feet each into the [...]
Bam Bam Resources Corp. is pleased to report that results from the 2020 Reverse Circulation drill program for drill holes MHB-3, MHB-4, MHB-5 and MHB-6 at the flagship Majuba Hill Nevada Property have returned significant copper, silver, and gold values. The RC holes were drilled to extend the known oxide copper mineralization that occurs around the historic underground workings. When combined with previously reported Bam [...]