Northwire Canada EditionMonday, October 19, 2026
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Drill Results Routine +

BCM Resources Corp. Thompson Knolls Exploration Drilling Update

BCM Resources Confirms Skarn Extension at Thompson Knolls as Competitors Eye Southern Utah Copper Target

By The Northwire Desk — AI Analysis Jun 01, 2026 · 07:31 B · 0.27 BCM Resources Corporation
Executive Summary
  • BCM Resources released an exploration update on June 1, 2026, detailing results from drill hole TK16 at the Thompson Knolls project.
  • TK16 reached a record depth of 1,269 m, confirming the southwest extension of pyroxene-diopside skarn mineralization.
  • The hole encountered extensive sulfide mineralization (magnetite-pyrite-chalcopyrite) that intensified with depth, including massive sulfide breccias.
  • Drill hole TK18 intersected quartz-monzonite porphyry at a shallower depth than anticipated, featuring an intensely hematitic cap and oxidation zone.
  • Phase 4 exploration is ongoing with TK17 being deepened and TK18 prepared for further drilling.
  • Competitor activity is noted, with Rio Tinto subsidiary Kennecott Exploration setting up drill pads on the southern extension.
Material Impact
  • The June 1 update is a direct follow-up to the April 27 announcement of TK15 results, which also confirmed the southwest vector of mineralization.
  • The results are entirely consistent with the company's stated geological model and the 2026 campaign objectives.
  • There are no new high-grade intercepts or unexpected geological features that would materially alter the project's economic potential at this stage.
  • The confirmation of deeper mineralization and the shallow porphyry intersection in TK18 are incremental steps in the vectoring process.
  • Given the market's prior knowledge of the drill program and the expected nature of these results, the news is routine and lacks immediate market-moving catalysts.
B · Price
Company Overview
  • BCM Resources Corp. is a Canadian mineral exploration company focused on the Thompson Knolls project in Millard County, Utah.
  • The project is a 100% owned 5,540-acre porphyry-skarn Cu-Au-Ag-Mo target.
  • It benefits from a government-approved 10-year Plan of Operations, allowing rapid multi-rig drilling.
  • The project is located in a top-tier mining jurisdiction, with proximity to rail infrastructure and the Bingham Canyon smelter.
  • Historical drilling (TK8) returned 155.4 m @ 0.66% Cu, 0.12 g/t Au, and 7.4 g/t Ag, prompting the current southwest vectoring campaign.
Read the original news release →

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