VANCOUVER, Sept. 14, 2017 /CNW/ - Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "Bonterra") is pleased to announce recent exploration activities located west of the Gladiator Deposit and within the extensive Coliseum Property have led to the discovery of a new gold and silver bearing horizon ("Temica Gold Zone"). The discovery located approximately 4 km to the south west of the Gladiator Deposit, was highlighted by recent drill hole CL-17-14, which intersected 4.7 g/t Au and 44.6 g/t Ag over 2.7 m at a depth of 250 m below surface. The Bonterra technical team considers this newly discovered zone to be an extension of the Gladiator mineralized trend.
Key Highlights:
Hole |
From (m) |
To (m) |
Length* (m) |
Grade |
Zone/Area
| |
(g/t Au) |
(g/t Ag) | |||||
CL-17-14 |
394.5 |
397.2 |
2.7 |
4.7 |
44.6 |
Temica |
CL-17-06 |
351.0 |
352.0 |
1.0 |
13.0 |
Temica | |
CL-17-01 |
64.0 |
65.0 |
1.0 |
4.8 |
Temica |
Please see the surface plan map (http://www.bonterraresources.com/en/gladiator/maps-sections) showing the locations of the new Temica Gold Zone drill holes and other targets relative to the location of the Gladiator Gold Deposit. The resource development drill program at the Gladiator Gold Deposit continues to focus on extending the known gold zones, with attention on the new, additional discovered gold zones located to the north and south of the initial Gladiator gold veins.
Please see http://www.bonterraresources.com/en/gladiator/maps-sections for updated maps including long sections and cross sections.
Bonterra Resources Quick Facts:
Robert Gagnon, P.Geo. has approved the information contained in this release. Mr. Gagnon is a director of Bonterra and is a Qualified Person as defined by NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS,
Nav Dhaliwal, President & CEO
Bonterra Resources Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains "forward-looking information" that is based on Bonterra's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra's exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Bonterra disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
SOURCEBonTerra Resources Inc.
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