BMC Minerals advances its 20,000m 2026 drilling campaign at Kudz Ze Kayah with standout high-grade sulfide intercepts at the Fuego Prospect, confirming a shallow mineralized zone adjacent to the proposed ABM Mine.
- High-grade silver-zinc-gold intercepts at Fuego Prospect
- Drilling targets within 5km radius of ABM Mine
- Fuego interpreted as hydrothermal feeder zone to ABM Deposit
- Next drilling phases focus on GP4F and Rhyolite Peak prospects
- Historical and recent results bolster resource expansion potential
High-Grade Sulfides Confirmed Near ABM Mine
BMC Minerals Ltd (ASX:BMC) has delivered a fresh tranche of high-grade assay results from its ongoing 20,000m diamond drilling program at the Kudz Ze Kayah (KZK) Project in Yukon, Canada. The spotlight is on the Fuego Prospect, situated immediately south and east of the proposed ABM Mine, where recent drilling has intercepted near-surface massive sulfide mineralization with impressive grades including 163g/t silver, 6.4% zinc, and 0.9g/t gold over 5.5m from 57m depth.
These results bolster the interpretation of Fuego as a hydrothermal feeder zone linked to the ABM Deposit, with mineralization occurring both within the Fault Creek fault, a conduit for mineralizing fluids, and adjacent stratiform zones. The corridor hosting sulfide mineralization stretches approximately 1,000m, with multiple drill holes confirming the presence of copper-rich and silver-rich massive sulfides near surface.
Focused Drilling Within 5km Radius of ABM
The 2026 drilling campaign is methodically targeting high-priority prospects within a 5km radius of the ABM Mine. Managing Director Michael McClelland emphasised the company’s commitment to “investing in the drill bit” to expand the resource base around ABM. Following the Fuego results, drilling is set to recommence in September to delineate the extent of mineralization at Fuego.
In addition to Fuego, BMC plans to shift drilling in July to the GP4F and Rhyolite Peak prospects. GP4F, about 5km east-southeast of ABM, features massive sulfide lenses historically intersected with grades up to 117g/t silver and 7.8% zinc. The company’s initial 2026 holes at GP4F have confirmed the orientation of mineralization trends, with further drilling aimed at expanding high-grade sulfide zones.
Resource Growth Supported by Historical and Recent Data
Beyond Fuego and GP4F, drilling at the Krakatoa Zone within the ABM Deposit continues to demonstrate potential for resource growth with thick, high-grade intercepts such as 25.1m at 180g/t silver and 9.7% zinc. These results align with previous findings and support ongoing resource definition drilling targeting extensions beyond current Mineral Resources.
The Rhyolite Peak prospect, located approximately 1.1km west of ABM, also remains open along strike and down dip, with historical intercepts including 4.5m at 291g/t silver and 8.7% zinc. This zone is scheduled for drilling in July as part of BMC’s broader exploration push.
Robust QA/QC and Regulatory Compliance
BMC’s drilling and assay program adheres to rigorous quality assurance and quality control protocols, including certified reference materials, blanks, and umpire laboratory checks. The company’s Competent Person, Dr Neil Martin, confirms that the exploration results fairly represent the data and comply with JORC Code and NI 43-101 standards.
While the drilling results are encouraging, BMC cautions that true widths for some intercepts remain unknown and that forward-looking statements highlight uncertainties around project development, funding, and final mine feasibility.
Bottom Line?
BMC’s high-grade sulfide hits near ABM reinforce the potential for resource expansion, but the scale and economic viability hinge on upcoming drilling and feasibility milestones.
Questions in the middle?
- How extensive is the high-grade feeder zone at Fuego beyond current drill intercepts?
- Will metallurgical testing confirm recoveries that support economic extraction of these polymetallic sulfides?
- Can BMC secure the necessary funding and permits to advance the ABM Mine to production?