Initial Modeling of Geophysical Data Highlights New Targets at BCM's 100% Controlled Thompson Knolls Project, Utah
BCM Resources' completed IP and MT geophysical surveys at its 100%-controlled Thompson Knolls project in Utah are highlighting new porphyry/skarn drill targets, including a strong low-resistivity anomaly extending southward that management calls an immediate drill target. Zonge International completed 6 survey lines totaling roughly 20 line-km of IP and 24 line-km of MT coverage; 3D inversion models are pending and will guide the design of BCM's Phase 5 drilling program, expected to use two drill rigs in northern and southern areas.
Key figures
- Line km ip
- approximately 20 line-km
- Line km mt
- about 24 line-km
- Survey lines
- 6
- Warrants exercised 1
- 20,600,000 warrants at CAD$0.25
- Warrants exercised 2
- 35,900,000 warrants at CAD$0.30
- Total warrant proceeds
- CAD$15,920,000
AI analysis
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