Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results

BCM Resources begins drilling at Thompson Knolls

By The Northwire Desk — AI Analysis Mar 18, 2026 · 00:32 B · 0.21 BCM Resources Corporation
B · Price

Executive Summary

  • BCM Resources Corp. has initiated its fully financed 2026 drill campaign at its 100%-controlled Thompson Knolls porphyry-skarn Cu-Au-Ag-Mo project in Utah.
  • The campaign will test geological vectors identified from historical hole TK8 and magnetic data, utilizing a phased approach with RC precollars followed by diamond core drilling.
  • The company simultaneously amended the terms of 20.6 million outstanding warrants, extending their expiration by one year while maintaining the current exercise price.

Key Details

  • Drilling Contractors & Equipment: National EWP (Elko, Nev.) contracted for RC precollar drilling using a Schramm Epiroc 685 rig (2,950 ft capacity); TonaTec Exploration (South Jordan, Utah) contracted for core tail drilling using an AtlasCopco Christensen CS4002 rig (5,250 ft capacity).
  • Drill Pattern & Spacing: Permitted holes will fan out in a southwesterly and southerly direction from historical hole TK8, with approximately 250-metre spacing between holes.
  • Historical Intercepts (Hole TK8): 155.4 metres grading 0.66% copper, 0.12 g/t gold, and 7.4 g/t silver (announced May 24, 2023).
  • Geological Targets & Methodology: Colorado School of Mines' CASERM study identified a strong vector for increasing mineralization southwest/south of TK8. Additional permitted holes will test porphyry mineralization in Area 2, with magnetic data suggesting skarn mineralization may underlie a broad area beneath the valley floor.
  • Regional Comparables: Project shares geologic characteristics with KGHM's Robinson mine (~120 km west) and Rio Tinto's Kennecott/Bingham Canyon mine (~200 km northeast).
  • Warrant Amendment: 20.6 million warrants extended by one year, with a new expiry date of May 22, 2027. Exercise price remains $0.25 per share. Amendment is subject to TSX Venture Exchange approval.
  • Financing & Shareholder Context: Campaign is fully financed. Board acknowledged past periods of inactivity and poor market conditions, emphasizing efforts to secure financing with minimal dilution to long-term shareholders.
Read the original news release →

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Drill Results