Moly Play Private Placement-Accredited Canadian Investors and Funds
BCM Resources Corporation
Shares Issued & Outstanding: 6,236,000, Shares FD: 8,075,500
The shares closed C$0.97 (3/13/07), for a market cap of $7,833,235.
This private placement is flow-through shares and units, we have some flow-through shares we can place.
Link to the News Release on the Flow-Through
bcmresources.com.
This independent geo report calls BCM's Shan property, a “potentially significant moly discovery”
empr.gov.bc.ca
Rocks and boulders grading 0.08 and 0.09% were discovered on the property, and some of the deposit lies at the surface.
This report shows grades up to 2.3m of 0.634% Mo and 36.6m of 0.183% Mo at the Shan Creek project. There are three more projects in addition to Shan Creek.
Most moly projects have mineralization in the 0.1-0.2% range.
This shows the shape of the deposit. The richest mineralization is expected to lie in the mushroom cap shape, blue in the image. The current financing is to drill to the depth where the richer mineralization is expected to lie.
bcmresources.com
Their Senior Field Geologist was Senior Field Geologist with Kennecott Exploration, Radius Gold Inc. and QGX Ltd.
Contact: david@capitalstreetgroup.com or sioilsands@yahoo.com if you are interested in participating in this private placement. Closing is expected by March 23, 2007. |
