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The latest announcement is out from BCM Resources ( (TSE:B) ).
BCM Resources Corporation announced that Kennecott Exploration Company, a division of Rio Tinto Group, has staked claims near BCM’s Thompson Knolls Porphyry Cu-Au-Ag-Mo Discovery. This move by Kennecott, a major player in the mining industry, is seen by BCM as a validation of the potential of their Thompson Knolls discovery, which is located near the significant Bingham Canyon Mine in Utah.
More about BCM Resources
BCM Resources Corporation is a diversified Canadian mineral exploration company focused on the Thompson Knolls property, which is its key asset. The company also has exploration projects for copper, gold, and molybdenum in British Columbia, and is managed by experienced board members and advisors.
Average Trading Volume: 87,987
Technical Sentiment Signal: Sell
Current Market Cap: C$16.49M
Learn more about B stock on TipRanks’ Stock Analysis page.