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Bonterra Resources Inc (3)
Symbol C : BTR
Shares Issued 46,449,086
Close 2019-06-11 C$ 1.95
Recent Sedar Documents

Bonterra Res drills 3.9 m of 101.1 g/t Au at Gladiator

2019-06-12 06:11 ET - News Release

Mr. Greg Gibson reports

BONTERRA INTERSECTS 101.1 G/T AU OVER 3.9 M AT GLADIATOR AND 12.8 G/T AU OVER 5.6 M AT MOROY

Bonterra Resources Inc. has released drill results from the continuing exploration campaign at its 100-per-cent-owned Gladiator, Moroy and Barry projects. The objective of the current drilling campaign is to step out from known mineralization included in the company's recently released mineral resource estimate on the three projects.

Gladiator

The current drilling at Gladiator extends gold mineralization on both the Barbeau and North zones. Drill hole BA-19-40 intersected 101.1 grams per tonne gold over 3.9 metres on the Barbeau zone, approximately 50 m down plunge of the known mineralization. Drill hole BA-19-37 intersected 8.1 g/t Au over 1.8 m on the North zone, approximately 50 m down plunge of the known mineralization.

Moroy

Continuing exploration at the Moroy project includes both underground and surface drilling. Drill hole MY-19-155 intersected 12.8 g/t Au over 5.6 m and drill hole MY-19-158 intersected 12.2 g/t Au over 5.4 m. This drilling has extended the known mineralization by 150 m in the down-plunge direction. Surface drilling also succeeded to extend the mineralization by 150 m up plunge with hole MO-19-227 that intersected 3.6 g/t Au over 2.3 m. The Moroy deposit remains open at depth and along strike.

Barry

The current drilling campaign has extended known mineralization along strike and at depth on multiples zones. Hole MB-19-209 intersected 8.7 g/t Au over 1.5 m and 6.1 g/t Au over 2.0 m on zone H1, approximately 75 m deeper than known mineralization. In the same zone, hole MB-19-211 extended H1 zone at depth by 250 m with 6.3 g/t Au over 1.5 m. Hole MB-19-206 also extended mineralization by 200 m at depth with 5.9 g/t Au over 1.5 m.

                         DRILLING HIGHLIGHTS

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

Gladiator     BA-19-37   440.0    441.8         1.8           8.1
              BA-19-39   366.0    367.5         1.5           5.5
              BA-19-40   570.1    574.0         3.9         101.1
Barry        MB-19-206   283.5    285.4         1.9           3.1
             MB-19-206   341.1    342.9         1.8           3.5
             MB-19-206   592.9    594.4         1.5           5.9
             MB-19-207   154.3    155.9         1.6          4.15
             MB-19-209   118.7    120.2         1.5           8.7
             MB-19-209   137.8    139.8         2.0           6.1
             MB-19-209   206.7    210.9         4.2           5.1
             MB-19-211   453.7    455.2         1.5           6.3
Moroy        MO-19-227   306.5    308.8         2.3           3.6
             MY-19-155   256.3    261.9         5.6          12.8
             MY-19-158    70.5     75.9         5.4          12.2

* 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.
  

Greg Gibson, chairman and interim chief executive officer, commented: "These recent encouraging drill results bode well for the expansion of the current resource. The company now has five drill rigs working on the current exploration drilling program on its three projects with multiple targets currently being tested to expand the gold mineralization footprint."

Quality control and reporting protocols

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 quality assurance/quality control analytical verification program requires that a minimum of 10 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.

Qualified person

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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