Mr. Nav Dhaliwal reports

BONTERRA INTERSECTS 30.5 G/T GOLD OVER 2.0 M AND EXPANDS ON HIGH GRADE ZONES AT GLADIATOR GOLD DEPOSIT

Bonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator gold deposit, including an intersection of 30.5 grams per tonne gold over 2.0 metres, increasing the down-plunge size of the south zone high-grade extent, and demonstrating continuity of mineralization.

Highlights and observations:

• Infill and extension drill results continue to demonstrate the continuity of the deposit, highlighting the predictability of the mineralized zones.
• Hole BA-18-43 extends the north zone in the east side of the deposit with 11.4 grams per tonne gold over one m. BA-18-43 was drilled as a follow-up to BA-18-36, which intersected 8.4 g/t Au over 3.0 m (see news release dated June 13, 2018). These intersections expand the north zone 150 m east at approximately 500 m below surface.
• Hole BA-18-40, intersected the north zone in the west end Rivage area, extended the depth of known mineralization to 300 m below surface with 6.3 g/t Au over 1.0 m.
• BA-18-41 intersected the footwall zone with 10.3 g/t Au over 2.1 m, extending the high-grade shoot down plunge farther to the east.
• BA-18-42 expanded a high-grade shoot in the footwall zone eastward with 18.7 g/t Au over 2.0 m, increasing definition of the zone at 300 m depth.
• Infill hole BA-18-39 intersected both the main zone with 19.8 g/t Au over 1.5 m and the south zone with 30.5 g/t Au with 2.0 m. These intersections increase the overall size of the mineralized zones and increase the confidence of the high-grade shoots between 350 m and 400 m below surface.
• To date, continuity of mineralization is now confirmed over a total drilled strike length on at least four horizons (north, footwall, main and south) of 1,200 m, as well as a drilled depth of over 1,000 m.

"The resource development program continues to be extremely successful in terms of the extension of mineralized zones and in terms of demonstrating high grades throughout. Most significantly, however, is how well we have shown continuity downdip and along strike for all five of the primary zones to date. High grades that were encountered on both the west side of the deposit and the down plunge of the east side are obviously significant to the deposit as a whole," commented Nav Dhaliwal, president and chief executive officer of Bonterra.

Positive drilling results in both the Rivage area and eastern part of the deposit continue to increase the dimensions of known mineralization. The resource development program continues with five drills at the deposit focused on infill and stepout drilling in preparation for the updated mineral resource estimate in the fourth quarter of 2018.

  
Hole               From            To     Length*            Grade
                    (m)           (m)         (m)         (g/t Au)

BA-18-39          480.5         482.0         1.5             19.8
                  555.0         557.0         2.0             30.5
BA-18-39          579.0         583.0         4.0              4.2
BA-18-40          422.0         423.0         1.0              6.3
BA-18-41          558.2         560.0         1.8              7.1
                  582.9         585.0         2.1             10.3
BA-18-42          332.9         334.9         2.0             18.7
                  538.1         539.1         1.0              5.7
BA-18-43          431.0         432.0         1.0             11.4

* Stated lengths are core width as drilled, true widths vary and 
average between 60 and 80 per cent of drilled widths. Core axis 
angles of the intersection contacts and surrounding rock units  
average 55 to 70 degrees.

Robert Gagnon, PGeo, has approved the information contained in this release. Mr. Gagnon is a director of Bonterra and is a qualified person as defined by National Instrument 43-101.

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