BCM Resources Corporation
TSX VENTURE : B

BCM Resources Corporation

October 12, 2006 09:30 ET

BCM Resources Corporation: Additional Molybdenum Surface Sample Results from the Shan Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 12, 2006) - This summer BCM Resources Corporation (TSX VENTURE:B) has completed additional sampling on the Shan property located 20 kilometres northeast of Terrace, BC. These results, combined with data released October 2, 2006, support the existence of a broadly mineralized area 800 by 500 m with important high grade mineralization in the southwestern zone, untested in earlier exploration programs.

All samples from the second round were located in the previously untested southwestern zone, and will be followed up with a diamond drill program in October.



These second round surface samples include:

Sample width Mo Sample width Mo
Number type (m) percent Number type (m) percent
SH-118 chip 3 0.081 SH-141 chip 0.007
SH-119 chip 3 0.082 SH-142 chip 0.002
SH-120 chip 3.5 0.101 SH-143 chip 0.002
SH-121 chip 2 0.131 SH-144 chip 1.7 0.001
SH-122 chip 3.3 0.050 SH-145 float 0.113
SH-123 chip 2.5 0.079 SH-146 chip 0.148
SH-124 chip 1.8 0.031 SH-147 float 0.023
SH-125 chip 4.3 0.024 SH-148 chip 0.032
SH-126 chip 3.5 0.046 SH-149 chip 0.029
sub-
SH-127 chip 2.25 0.060 SH-150 crop 0.014
SH-128 chip 1.8 0.105 SH-151 float 0.075
SH-129 recce chip 0.022 SH-152 chip 0.047
SH-130 sub-crop grab Greater Greater
than than
0.2% SH-153 float 0.2%
SH-131 sub-crop grab 0.031 SH-154 float 0.006
SH-132 sub-crop grab 0.006 SH-155 chip 0.046
SH-133 sub-crop grab 0.036 SH-156 chip 2.4 0.000
SH-134 sub-crop grab 0.006 SH-157 chip 2 0.001
SH-135 recce chip 0.017 SH-158 SC 0.001
SH-136 float 0.001 SH-159 chip 0.001
SH-137 sub-crop grab 0.035 SH-160 float 0.000
sub-
SH-138 float grab 0.009 SH-161 crop 0.005
sub-
SH-139 float grab 0.093 SH-162 crop 0.007
sub-
SH-140 chip channel 2.2 0.039 SH-163 crop 0.021


SH-123 to SH-127 are contiguous samples taken from an embankment. With two samples over 0.2% Mo, five samples in the 0.1-0.2% range, and six samples in the 0.05-0.1% range, these results are highly encouraging and form the basis for the preliminary drill program.

Qualified Person

Lindsay Bottomer P.Geo., who is a Qualified Person as defined in NI 43-01, has reviewed the technical content of this news release. The surface sample assays were done at ACME Analytical Laboratories Ltd.

To receive BCM Resources news releases by e-mail, contact CEO & President Dale McClanaghan at d.mcclan@bcmresources.com or call (604)646-0144.

Forward Looking Statements: Statements in this new s release are forward-looking statements.Forward-looking statements include without limitation, statements regarding the company's plans, goals or objectives and future completion of mine feasibility studies, mine development programs, capital and operating costs, production, potential mineralization and reserves, exploration results and future plans and objectives of BCM. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", or "continues" or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from expectations include risks associated with mining generally and pre-development stage projects in particular including but not limited to changes in general economic conditions, litigation, legislative, environmental and other judicial, regulatory, technological and operational difficulties, labor relations matters, foreign exchange costs & rates. Potential investors should conduct their own investigations as to the suitability of investing in securities of BCM.

The TSX has neither approved nor disapproved of the information contained herein.

Contact Information

  • BCM Resources Corporation
    Dale McClanaghan
    President & CEO
    (604) 646-0144
    Website: www.bcmresources.com