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Bonterra Resources Inc (3)
Symbol BTR
Shares Issued 46,449,086
Close 2019-07-19 C$ 2.75
Market Cap C$ 127,734,987
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Bonterra drills three m of 18.5 g/t Au at Gladiator

2019-07-22 07:02 ET - News Release

Mr. Greg Gibson reports

BONTERRA INTERSECTS 18.5 G/T AU OVER 3.0 M AT GLADIATOR AND 11.6 G/T AU OVER 2.9 M AT BARRY

Bonterra Resources Inc. has released drill results from its continuing exploration campaign at the Gladiator and Barry projects. Results released are derived from stepout drilling that intersected mineralized zones situated outside of known mineral resources on both projects.

Gladiator

Recent drilling on the Barbeau zone, at Gladiator, has extended the mineralization to a depth of 50 metres: Hole BA-19-41 intersected 18.5 grams per tonne gold over 3.0 m and hole BA-19-42 intersected 13.0 g/t Au over 3.0 m, extending the Barbeau zone by more than 50 metres at depth in mineralized quartz veins with visible gold. Drill hole BA-19-39 also intersected high-grade mineralization with 7.8 g/t Au over 4.9 m and 12.1 g/t Au over 3.0 m on the South zone.

Drilling at Barry focused on the extension of the H1 zone on the western limit of the deposit. Hole MB-19-218 intersected 12.7 g/t Au over 1.8 metres in mineralized shear zone extending H1 zone more than 50 metres to the west. Drill hole MB-19-216 extended H1 zone by more than 100 metres at depth intersecting 11.6 g/t Au over 2.9 m. Hole MB-19-219 also intersected the H1 zone at depth with 4.9 g/t Au over 4.1 m.

Bonterra continues its summer drilling campaign at the Urban Barry camp with two drill rigs at Moroy, one at Barry and one at Gladiator. The company will shortly mobilize an additional mobile heli-portable diamond drill rig to drill test regional exploration targets on the Gladiator project.

                          DRILLING HIGHLIGHTS

Project       Drill hole       From         To   Length          Au
                                (m)        (m)      (m)       (g/t)

Gladiator       BA-19-39      100.8      105.7      4.9         7.8
                                123        126      3.0        12.1
                                206      207.5      1.5         8.0
                              358.8        362      3.2         8.3
                BA-19-41         87         89      2.0        11.4
                              197.8      200.5      2.7         3.3
                              231.6      233.5      1.9         3.4
                                421        423      2.0         8.7
                              536.5        538      1.5         4.9
                                546      547.2      1.2         4.9
                              553.5      558.5      5.0         6.6
               including      557.5      558.5      1.0        28.5
                                651        654      3.0        18.5
                BA-19-42      106.5        108      1.5         8.8
                              349.5      358.4      8.9         4.8
               including      349.5      352.5      3.0        13.0
                BA-19-43       36.0       38.0      2.0         5.0
Barry          MB-19-216      205.1      207.2      2.1         5.8
                              411.5      414.4      2.9        11.6
               MB-19-218       33.0       36.5      1.3         3.5
                               99.7      101.5      1.8        12.7
               MB-19-219      515.5      519.5      4.1         4.9

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

Quality control and reporting protocols

Bonterra estimates that the actual thicknesses of the mineralized intersections are between 60 per cent and 80 per cent of the core lengths. No capping grade is used at this stage. The company uses a rigorous quality assurance/quality control analytical program according to industry standards. The analytical results were done by pyroanalysis (AA) at the mine laboratory. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance. The company's QA/QC analytical verification program requires that a minimum of 5 per cent of the samples be audited at an independent laboratory. These audit assays were sent to ALS laboratory located in Val d'Or, Que. The results of the audits are consistent with those obtained.

Pascal Hamelin, PEng, vice-president of operations, is the qualified person under National Instrument 43-101, responsible for reviewing and approving the technical information contained in this news release.

We seek Safe Harbor.

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