“This substantial increase to our land package continues our strategy of turning Majuba Hill into a much larger and established, district-size porphyry project,” David Greenway, Bam Bam’s president and CEO, said in the brief. “The goal is to continue to step out and find the true depth and size of the deposit.”
The Majuba Hill copper-silver-gold project is a large, contiguous land position controlling the emerging Majuba Hill Copper District, located 156 miles northeast of Reno.
According to Greenway, the property shows indications of a potentially large Cu – Ag +/- Au mineralized body with many features in common with both large porphyry copper and silver – tin type mineralization.
“Small scale historic mining concentrated on the Majuba fault zone and veins in subordinate structures,” Bam Bam’s website reads. “Drilling has identified a body of oxide copper-silver mineralization, but this body has not been fully defined or properly modelled to produce a mineral resource estimate. A few deeper drill holes, IP geophysical surveys, and surface geochemistry have tentatively identified target areas with potential to significantly expand the mineralization.”