Mr. Greg Gibson reports
BONTERRA INTERSECTS 15.27 G/T AU OVER 3.39 M AND EXTENDS MINERALIZATION AT MOROY
Recently completed drilling by Bonterra Resources Inc. has extended the M1 zone in the Moroy deposit.
Assays have been received for drill holes recently completed on the M1 zone in the Moroy deposit. The focus of the drilling has been the extension of the M1 zone mineralization up-plunge using a drill from surface and downplunge utilizing an underground rig. Highlights include an intersection of 15.27 grams per tonne (g/t) Au over 3.39 metres (m) in an up-plunge position and 8.14 g/t Au over an intersection length of 3.61 m extending mineralization downplunge. The new drill intercepts indicate a significant extension of the M1 zone and, combined with reinterpretation of the existing drilling, supports a zone of demonstrated continuity beyond the limits used for the current resource estimate. Significant intercepts from the recently completed holes within the M1 zone are contained in the attached table.
The company is currently completing a bulk sample on the 11th level in the M1 zone. In addition, the company is completing selected infill drilling to support future resource to reserve conversion and mine planning.
Greg Gibson, chief executive officer of Bonterra, stated: "We are continuing to advance Moroy towards inclusion in a mine plan, and we continue to execute our strategy of advancing resources in other targets at Moroy and our other assets, Barry and Gladiator, to support a long-term mine life."
Analyses and QA/QC (quality assurance/quality control)
Gold analyses of Moroy drill core are completed at the Bachelor mine assay laboratory. The company employs an industry standard QA/QC program that includes duplicate analyses from pulp and coarse rejects and the use of certified reference materials (CRM) and blanks. Check assays on a minimum of 10 per cent of the samples are completed at ALS Laboratories in Val d'Or.
Qualified person
Jamie Lavigne, PGeo, vice-president of exploration for the company, has approved the information contained in this news release. Mr. Lavigne is a qualified person as defined by National Instrument 43-101.
Hole ID From (m) To (m) Length (m) True thickness (m) Au (g/t) Zone Drill
MY19-162 115.31 117.62 2.30 1.93 3.83 M1-2 Underground
including 115.31 116.40 1.08 0.91 7.59 M1-2 Underground
MY19-164 212.09 217.85 5.76 3.15 3.59 M1-1 Underground
including 213.31 217.85 4.54 2.49 4.32 M1-1 Underground
MY19-172 127.94 135.87 7.92 6.62 2.36 M1-2 Underground
including 130.20 131.98 1.78 1.48 7.63 M1-2 Underground
MY19-182 185.20 198.74 13.55 10.54 1.51 M1-1 Underground
including 195.26 197.01 1.75 1.38 5.12 M1-1 Underground
MY19-183 246.34 252.76 6.41 3.43 4.80 M1-1 Underground
including 248.15 251.76 3.61 1.92 8.14 M1-1 Underground
MY19-186 285.82 294.05 8.23 3.56 4.35 M1-1 Underground
including 290.64 294.05 3.41 1.46 7.00 M1-1 Underground
MY19-187 291.13 300.24 9.12 3.56 1.80 M1-1 Underground
including 293.38 295.46 2.07 0.81 5.19 M1-1 Underground
MY19-188 217.44 223.63 6.19 3.29 4.56 M1-1 Underground
including 218.54 222.16 3.63 1.93 6.15 M1-1 Underground
MO-19-230 313.87 325.33 11.46 9.69 6.02 M1-3 Surface
including 315.09 324.53 9.44 7.98 7.09 M1-3 Surface
including 316.87 320.26 3.39 2.87 15.27 M1-3 Surface
MO-19-232 207.01 211.58 4.57 3.95 2.39 M1-3 Surface
including 207.01 209.22 2.21 1.91 4.78 M1-3 Surface
including 207.01 208.61 1.60 1.38 6.09 M1-3 Surface
MO-19-241 399.19 405.95 6.76 6.23 4.91 M1-1 Surface
including 400.44 403.10 2.66 2.46 11.21 M1-1 Surface
MO-19-247 371.13 377.56 6.42 6.24 3.36 M1-3 Surface
including 374.55 376.79 2.24 2.18 7.63 M1-3 Surface
True thickness is estimated for each intercept.
We seek Safe Harbor.
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