VANCOUVER, June 6, 2017 /CNW/ - Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "Bonterra") is pleased to announce that drilling from its ongoing resource development program discovered an additional parallel gold zone to the south and west of the main Gladiator Gold Deposit. The new zone lies within the "Rivage Gap" and was intersected by four (4) drill holes to date, with BA-17-12 which intersected 3.0 m of 8.8 g/t, being the most predominant and westerly hole to date.
Quick Highlights of Recent Drill Results:
Highlights and Observations:
Hole |
From (m) |
To (m) |
Length* (m) |
Grade (g/t Au) |
Zone/Area West - Rivage Gap |
BA-17-06 |
37.0 |
38.0 |
1.0 |
7.1 |
Footwall |
477.0 |
479.0 |
2.0 |
1.4 |
Main | |
BA-17-11 |
424.0 |
427.6 |
3.6 |
12.7 |
Main |
BA-17-12 |
17.0 |
19.0 |
2.0 |
11.1 |
Main |
32.0 |
34.0 |
2.0 |
3.5 |
Mid | |
346.7 |
349.7 |
3.0 |
8.8 |
New South |
?EUR? |
Stated lengths are core width as drilled, true widths vary and average |
All intersections from the above table are located within a length or gap of drill information between the westernmost Rivage area and the known portion of the Gladiator Deposit. The high grade Main, Footwall and North Zones are in or near the sheared contact between mafic volcanic units and a mineralized felsic porphyritic intrusive.
Please see http://www.bonterraresources.com/en/gladiator/maps-sections for updated long section and cross section.
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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