BCM RESOURCES CORP

BCM reported further progress on its Phase 4 drilling program at its 100%-controlled Thompson Knolls (TK) copper–silver–gold–molybdenum porphyry-skarn project in western Utah. ~208 km SW of Kennecott Copper’s Bingham Canyon Mine.  The 12,000m, 8- hole drilling campaign is designed to test the Western target area outlined by magnetics.  Exploration is focused on testing interpreted vectors toward stronger mineralization south and southwest of discovery hole TK8, which intersected 510 ft (155.4 m) grading 0.66% Cu, 0.12 g/t Au and 7.4 g/t Ag. Hole TK-15 (April 27, 2026 PR), collared 250m southwest of TK-8, intersected extensive intervals of pyroxene-diopside skarn within strongly marbleized dolomites from the top of bedrock at approximately 1,950 feet (594.5 m), continuing to a depth of approximately 3,900 feet (1,188.7 m). Hole TK-16 (this PR) collared 250 m southwest of TK-15, intersected similar skarn to TK-15 beginning at the top of bedrock at 2,040 ft (621m) and continuing to a depth of 3,792.5 ft (1,156m). Intensity of skarn increases with depth, similar to Hole TK15. In hole TK-16, sulfide mineralization, as magnetite-pyrite-chalcopyrite assemblages of variable intensity, occurs in breccias, veinlets, and in disseminated form within multiple intervals of the skarn. Generally, mineralization is reported to increase with depth and intensity of magnetite-sulfide breccias, with several segments of dense disseminated-to-massive pyrite-chalcopyrite sulfides intersected.  Hole TK-17, a further 250m southwest of TK-16, is in progress.   Assay results on both holes completed to date are pending. The Company also reported that Kennecott Exploration, a subsidiary of Rio Tinto, has set up pads for a drill program near the southern boundary of the TK property.

Figure 1
Source: BCM Resources

Drill Hole Location Map, BCM Resources Press Release April 27, 2026

Figure 2
Source: BCM Resources

Schematic Geological Model of TK Porphyry/Skarn System, BCM Resources Corporate Presentation.