05:36:52 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Bonterra Resources Inc (2)
Symbol BTR
Shares Issued 397,498,708
Close 2018-09-28 C$ 0.34
Market Cap C$ 135,149,561
Recent Sedar Documents

Bonterra Resources drills 3.3m of 37g/t Au at Gladiator

2018-10-01 06:28 ET - News Release

Mr. Nav Dhaliwal reports

BONTERRA INTERSECTS 37.5 G/T AU OVER 3.3 M AT GLADIATOR DEPOSIT

Bonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator deposit, including and intersections of 37.5 grams per tonne gold over 3.3 metres at the south zone. Stepout drilling continues to reveal new areas of high-grade mineralization and expand known extents of mineralization. Recent definition drilling results demonstrate the continuity of mineralization in multiple zones.

Highlights and observations:

  • BA-18-63 intersected the South zone with 37.5 grams per tonne gold over 3.3 metres, proving continuity of the high-grade trend within the zone.
  • BA-18-63 also intersected multiple structures at the Main zone with 9.1 g/t Au over 1.0 m and 8.9 g/t Au over 1.0 m.
  • BA-18-64 intersected the Footwall, Main and South zones demonstrating the continuity of gold-bearing quartz veins across multiple zones.
  • BA-18-65 intersected the North zone with 11.9 g/t Au over 2.0 m and extended the Main zone down plunge with 11.3 g/t Au over 1.6 m.
  • BA-18-65 also expanded the South zone, extending the zone toward surface at 700 m depth with 9.8 g/t Au over 2.0 m.
  • BA-18-67A further defines the Main zone with 8.5 g/t Au over 2.0 m, proving the continuity of the zone at 400 m below surface.
  • BA-18-69 extended the Main zone in the Rivage area with 9.0 g/t Au over 2.0 m. This intersection expands the zone down plunge and opens up the Rivage area for further extension at depth.

The continuing resource development program continues to expand and define the Gladiator gold deposit ahead of the updated mineral resource estimate scheduled for the fourth quarter of 2018. Drilling to be included in the upcoming mineral resource estimate has now been completed. Drilling continues with three drills at the deposit focused on extension drilling along strike to the northeast and southwest.

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

BA-18-63           484.3        485.3          1.0          9.1
BA-18-63           502.0        503.0          1.0          8.9
BA-18-63           564.7        568.0          3.3         37.5
BA-18-64           602.0        604.0          2.0          5.9
BA-18-64           608.0        609.0          1.0          7.6
BA-18-65           460.0        462.0          2.0         11.9
BA-18-65           663.9        665.5          1.6         13.3
BA-18-65           847.0        849.0          2.0          9.8
BA-18-67A          444.0        446.0          2.0          8.5
BA-18-69           494.0        496.0          2.0          9.0

* 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.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.