BTR: TSX-V $0.48 VOL: 1756318
BONXF: US $0.37 VOL: 395475
SPOT GOLD $1205.66

News

BonTerra Extends Main Zone to West with 10 m of 9.3 g/t Au, and Discovers New South Zone with 3.0m of 20.7 g/t Au at its Gladiator Gold Project

Vancouver, BC – April 26, 2016BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “BonTerra”) is pleased to announce that it has received assays on an additional four (4) holes from its 2016 Exploration and Drill Program on its 100% owned Gladiator Gold Project located north of Val d’Or, Québec. To date, 11 of the 19 holes completed have been reported, with eight (8) holes remaining in the lab. All of the drill holes reported in this press release are located at or within 50 meters of the known western extents of the Gladiator deposits.

Nav Dhaliwal, President and CEO of BonTerra, commented: “Once again we are successful in not only extending the mineralization further to the west in the Main Zone, but we have discovered additional high-grade gold with an intersection of 20.7 g/t over 3.0 meters in the New Zone. Of note, the Main Zone intersected gold at the bottom of the deepest hole, clearly highlighting the strength and size of the Gladiator Gold Deposit.”

2016 Drilling Program Update and Highlights:

Dale Ginn, Vice President of Exploration of BonTerra, added: “We continue to build a very solid, consistent high-grade gold deposit that is demonstrating continuity in multiple zones.  I would like to thank our Québec-based exploration team for their hard work and excellent technical management of the 2015 and 2016 exploration program to date.”

Upcoming Program and Next Steps

The western extension of the Gladiator Deposit was targeted based on interpretation of recent geophysical programs and extension of known data from the existing Gladiator zones. With the ice drilling program now complete for the winter season, the project will now focus for the month of April on gathering and compiling information from the new core as received to date and pending. The 30-day window is allowing time for a full interpretation of the initial 19 holes and complete a detailed report of the winter campaign. Upon completion, BonTerra’s technical team will define, target and prepare the next drilling campaign and summer surface work.  This program is expected to continue with drilling the main zones, follow up on the recent discoveries, apply drilling in order to extend the deposits to the east, and to follow up on targets identified on the Coliseum Property to the west.

See below a summary for all drill results reported to date from 2015 and 2016 including the most recent results from BA-16-07, BA-16-08, BA-16-10 and BA-16-11:

Hole From
(m)
To
(m)
Length
(m)
Grade
(g/t Au)
Zone
BA-15-01A 62.5 66.0 3.5 9.1 Footwall
  210.6 217.2 6.6 14.0 Main
Including 215.9 216.7 0.8 104.5 Main
BA-15-02 107.6 110.2 2.6 4.7 Footwall
  224.3 225.2 0.9 7.6 Gabbro
  320.5 476.0 155.5 0.5 Intrusive
  476.0 483.7 7.7 7.2 Main
BA-15-03 187.0 188.5 1.5 4.3 Footwall
  200.0 204.0 4.0 1.3 Gabbro
  219.0 220.0 1.0 3.8 Gabbro
  339.0 379.0 40.0 0.4 Intrusive
  392.8 397.0 4.2 1.6 Intrusive
  479.0 499.4 20.4 0.9 Intrusive
BA-15-04 224.0 235.4 11.4 1.5 Main
Including 234.1 235.4 1.3 8.0 Main
BA-16-01 126.0 127.0 1.0 5.2 Footwall
  240.0 378.0 138.0 0.4 Intrusive
Including 299.0 302.4 3.4 1.7 Main
Including 353.8 357.0 3.2 1.9 Main
BA-16-02 11.0 55.0 44.0 0.4 New (North Shear 2)
  79.0 137.0 58.0 2.5 New (North Shear 1)
Including 79.0 95.0 16.0 6.1 New (North Shear 1)
Including 79.0 84.0 5.0 15.3 New (North Shear 1)
  92.5 95.0 2.5 7.5 New (North Shear 1)
  103.0 145.0 42.0 1.0 Local Shear
BA-16-03 4.0 9.0 5.0 9.0 Footwall
Including 4.0 6.9 2.9 13.5 Footwall
BA-16-04 64.0 70.0 6.0 10.4 Main
BA-16-05 25.0 26.5 1.5 3.5 Main
  184.0 186.0 2.0 12.7 Main
  290.7 294.0 3.3 29.0 New (South)
BA-16-06 20.8 30.0 9.2 2.1 Footwall
  336.0 337.5 1.5 3.0 Intrusive
  416.0 420.0 4.0 1.7 Main
BA-16-07 142.6 147.0 4.4 8.0 Main
Including 144.2 147.0 2.8 11.9 Main
  155.0 156.0 1.0 14.9 Main
  378.0 381.0 3.0 20.7 New South
BA-16-08 245.0 332.8 87.8 0.31 Intrusive
  368.0 371.0 3.0 3.0 New South
BA-16-09 21.7 27.4 5.7 24.3 Main
  110.1 111.2 1.1 41.7 Main
  364.0 369.0 5.0 1.8 New (South)
BA-16-10 318.0 328.0 10.0 9.3 Main
Including 321.0 324.0 3.0 27.5 Main
  438.0 445.5 7.5 1.1 New South
BA-16-11 35.0 36.7 1.7 13.6 Main
  40.9 44.0 3.1 4.6 Main
  187.4 187.9 0.5 24.4 New South

*Stated lengths are core width as drilled, true widths have not yet been determined.

BonTerra Resources Quick Facts:

Dale Ginn, P.Geo. has approved the information contained in this release.  Mr. Ginn is a Director and Vice-President of Exploration for 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.

For additional information, please contact:

Todd Hanas

Corporate Development

E: todd@bonterraresources.com

T: 866.869.8072

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.

Subscribe

Stay up to date with our latest news