- Bam Bam (BBR) expands land package at Majuba Hill District
- Bam Bam has acquired an additional 1200 acres of private mineral and surface rights
- This brings the project to a total size of 15.1 square miles
- Bam Bam Resources is engaged in the identification, review and acquisition of latter stage copper and copper/silver/gold assets
- Bam Bam Resources Corp. (BBR) is down 1.92 per cent and is trading at C$0.26 at 9:30 am ET
Bam Bam Resources Corp. (BBR) has gained an additional 1.9 square miles (4.9 sq km) of private mineral land rights have been added to the Majuba Hill Project.
Bam Bam has acquired an additional 1200 acres (485 ha) of private mineral and surface rights.
This brings the project to a total size of 15.1 square miles (39.2 sq km)/9,678 acres (3,917 ha).
This new land further centralizes control of the emerging porphyry copper district under the Bam Bam umbrella.
David Greenway, President & CEO, commented,
"Adding Section 27 and Section 33 means that over 26 per cent of our land holdings at Majuba are on private ground, providing us much greater flexibility as we proceed with our 2021 drilling plans."
"The additional private land continues our strategy of controlling the Majuba Hill district size porphyry project. The goal for 2021 is to continue drilling to define the true depth and size of the deposit," added Greenway.
Majuba Hill is a large contiguous land position controlling the emerging Majuba Hill Copper District, located northeast of Reno, Nevada.
The "Majuba Hill District" is comprised of extensive mineral and surface rights held by private ownership, patented mining claims, and Federal Lode Mining claims that are 100 per cent controlled by Bam Bam Resources Corp.
The land package is approximately 15.1 square miles (39.2 square km)/9,678 acres (3,917ha).
The property is easily accessed via 23 miles of well-maintained dirt roads leading from U.S. Interstate 80.
Reno and Elko are the major supply centers for exploration and mining activities in Nevada.
The existing highways are sufficient for transportation of exploration-size heavy equipment.
Development logistics would use the 4 lane Interstate 80 highway, Union Pacific railroad tracks and adjacent power, natural gas, and fibre optic transmission lines in the rail - highway corridor.
Mining is a common occupation in the area with several small to world-class mines operating in the Winnemucca - Lovelock area over the past several decades.
A well-trained and experienced mining workforce pool is available in Nevada when labour and expertise are required.
Bam Bam Resources is engaged in the identification, review and acquisition of latter stage copper and copper/silver/gold assets.
Bam Bam Resources Corp. (BBR) is down 1.92 per cent and is trading at C$0.26 at 9:30 am ET.