BCM Resources Corporation Finalizes Thompson Knolls Agreement & Announces Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - BCM Resources Corporation (TSX VENTURE:B), the "Company", is pleased to announce that it has finalized terms of an Agreement with Inland Explorations Ltd., a private BC company ("Inland"), for an option to acquire up to 60% interest in Inland's drill-ready Thompson Knolls Property ("TK Property") located in central Utah's Great Basin, one of the premier metallogenic provinces in the world. The TK property comprises 2948.6 acres located in Juab County, Utah and consists of 100 federal unpatented mineral claims and two State Section Leases, plus pending claims comprising an additional 495 acres.

Under the terms of the Agreement, BCM has the option to earn a 51% interest within 4 years by incurring total property expenditures of C$10 million, issuing to Inland a total of 6.5 million shares in the Company, and making total cash payments of C$375,000, as well as posting any required exploration bonds and paying all annual property and permit related expenses. Fifty thousand dollars (C$50,000) and one (1) million shares shall be due on Closing with the balance of property expenditures, cash and share payments staged over a four year period.

Upon BCM earning a 51% interest, the Company shall have the option to increase its interest in the TK Property by an additional 9% to 60% by spending an additional $5M on the TK Property and delivering a pre-feasibility level study on the property with 2 years.

Thompson Knolls Cu-Au Property

The Thompson Knolls project is an advanced stage, exploration opportunity for discovery of a potentially open-pitable, large-scale, high-grade gold and copper mine. Thompson Knolls is located in unpopulated desert, in mining friendly Millard County, Utah. The geology and the geochemistry of the Thompson Knolls target area suggest that a large Bingham Canyon Mine-style, porphyry copper-gold target system could be present on the property. Substantial exploration geology, geophysics, and drilling already has been conducted on the Thompson Knolls property, which is 100% controlled by Inland Explorations Ltd.