Bam Bam Resources Corp (CSE:BBR) (OTCPINK:NPEZF) (FRA:4NPB) has reported more encouraging exploration findings from its Majuba Hill copper project in Nevada, revealing that a deep induced polarization (IP) survey had uncovered two new unexplored areas.
Zonge International carried out the 49.5 line kilometres (km) IP study and the data was sent to James Wright, a highly regarded geophysicist, who provided advice and a preliminary interpretation.
READ: Bam Bam Resources begins expanded soil sampling at Majuba Hill
Now, early-stage three-dimensional (3D) work is in progress to interpret the results, along with a recently completed drone mag survey and drill hole data from the 2020 drill program and historic drill data.
"Every work program completed at the Majuba Hill project has new and exciting news," said David Greenway, CEO of Bam Bam in a statement.
"With this deep IP data, there are two distinct porphyry-type signatures at the 789 Zone and in Section 12. This means we have two new areas that have never been explored."
At the 789 Zone a large, oval-shaped response was noted, which has a 1,500 metres (m) diameter and the eastern side is coincident with the north-trending granodiorite/remanent magnetic zone.
Preliminary results interpreted by Wright outlined seven chargeability zones with four open to the northeast, the company added.
Bam Bam Resources is focused on advancing latter-stage copper and copper/silver/gold assets amid the green energy revolution.
The Majuba Hill copper, silver and gold district, which lies 156 miles outside Reno and is road accessible, is its flagship asset. Notably, the project already boasts mining infrastructure.
Between 1907 and 1960, Majuba Hill produced 2.8 million pounds of copper, 184,000 ounces of silver, over 885,000 pounds of lead and 5,800 ounces of lode gold.
Contact the author at giles@proactiveinvestors.com