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Bc Moly Ltd V.BM

BC Moly Ltd. is a Canada-based exploration stage company. The Company is engaged in the business of exploration and development of mineral resource properties. The Company has one business segment, which is the mineral exploration business in Canada. The Company holds a 100% interest in the Storie Molybdenum property (the Storie Property). The Storie Property is located approximately 6 km southwest of the historical mining camp of Cassiar, British Columbia, which is approximately 15 km west of Highway 37 which connects to Watson Lake, Yukon, to the north, and Dease Lake and Stewart, British Columbia, to the south. The Company focuses on seeking new business opportunities.


TSXV:BM - Post by User

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Post by fatman6on Oct 11, 2007 7:24pm
236 Views
Post# 13558402

$$$$$$$ BUY PCM $$$$$$

$$$$$$$ BUY PCM $$$$$$10 holes pending!!!!!!!!!!! 2.1% Copper and 0.15% Molybdenum or 3.0 lbs/ton Molybdenum Reported in Hole 87 Over 12 Meter Interval Thu Oct 11, 10:55 AM Email Story IM Story Printable View TORONTO, ONTARIO--(Marketwire - Oct. 11, 2007) - Pacific Comox Resources Ltd. (TSX VENTURE: PCM.V) reports the assays for an additional 10 diamond drill holes testing the area of the former producing underground copper mine (the South Zone) at its Ryan Lake copper/molybdenum property at Matachewan, Ontario. Drilling is continuing and assays will be reported when received for the additional 10 holes completed to date. Interval of 34 meters grading 0.96% copper and 0.056% molybdenum reported in hole 87 starting at 37 meters and including an interval of 12 meters grading 2.1% copper and 0.15% molybdenum (3 lbs/ton molybdenum) from 56 meters. Hole 87 also reported an interval of 33 meters grading 0.54% copper and 0.027% molybdenum starting at 113 meters. Hole 86 reported a long mineralized interval of 163 meters starting at 7 meters grading 0.26% copper and 0.015% molybdenum. The long interval included an interval of 17 meters grading 0.83% copper and 0.034 % molybdenum from 37 meters. Hole 81 reported a long interval of 135 meters from 76 meters grading 0.35% copper and 0.031% molybdenum including an interval of 21 meters grading 0.58% copper and 0.059% molybdenum starting at 186 meters. The assay results for the 10 holes reported are summarized in Table 1. All the holes also reported gold and silver values. In the current program on the South Zone additional holes have been drilled both north and south of the completed holes on many of the sections to extend the 700 foot North-South dimension of the drill tested areas. The South Zone has now been tested over 800 feet on an East-West dimension. The current program also tested the indicated mineralized zones to deeper levels than the previous programs. The mill which is currently processing barite is expected to be a major asset going forward to facilitate the resumption of copper/molybdenum production on the property. Robert Hill P. Eng. serves as the qualified person (QP) for the sampling and exploration program under the definitions of National Instrument 43-101, reviewed this release and supervised the drilling program. The geologists on this program were Dan Crossley P. Eng. and Robert Van Ingen P. Eng.. The split NQ core samples were assayed at Swastika Laboratories Ltd. Swastika Ontario, an accredited laboratory. Donald Empey, President View the Company web site at www.pacificcomox.com or the Company filings on SEDAR at www.sedar.com. To view a copy of the "Table 1: Diamond Drill Assays From Ryan Lake Property", please visit the link below: https://www.ccnmatthews.com/docs/pcmmap111.pdf To view the "Ryan Lake Cu-Mo Claims" map, please visit the link below: https://file.ccnmatthews.com/release/pcmm113.pdf The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Contacts Donald Empey Pacific Comox Resources Ltd. (416) 977-4653 (416) 977-8335 (FAX) Email: dempey@pacificcomox.com Website: www.pacificcomox.com
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