21:38:07 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Bonterra Resources Inc (3)
Symbol BTR
Shares Issued 126,195,500
Close 2023-06-05 C$ 0.325
Market Cap C$ 41,013,538
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Bonterra stops exploration in Quebec amid wildfires

2023-06-05 17:23 ET - News Release

Mr. Marc-Andre Pelletier reports

BONTERRA RESOURCES PROVIDES CORPORATE UPDATE

Bonterra Resources Inc. has provided the following update on the forest fires in the Abitibi and Eeyou Istchee James Bay, where the company's projects and infrastructures are located. With the wildfires that are active in a large part of Quebec, particularly near the city of Lebel-sur-Quevillon, the Ministere des Ressources naturelles et des Forets (MRNF) has modified the ban of forest access on Crown land and closure of roads. Following that directive, Bonterra has stopped its exploration activities and evacuated safely all personnel.

Marc-Andre Pelletier, president and chief executive officer, commented: "The forest fire situation is exceptional, and Bonterra remains on the lookout for any development. The Barry and Gladiator camps and the Bachelor mill complex are not currently in danger, but we continue to monitor the situation with the authorities. We sincerely hope the situation will improve over the week."

About Bonterra Resources Inc.

Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The company has four main assets, Gladiator, Barry, Moroy and Bachelor, that collectively have a total of 1.24 million ounces in measured and indicated categories, and 1.78 million ounces in inferred category. Importantly, the company owns the only permitted and operational gold mill in the region. Bonterra is focused on graduating from advanced exploration to a development company to deliver shareholder value.

We seek Safe Harbor.

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