BTR: TSX-V $3.10 VOL: 13744
BONXD: US $2.34 VOL: 12195
SPOT GOLD $1221.51

News

Bonterra’s Winter Drill Program Discovers 6th Parallel Gold Zone at the Gladiator Gold Deposit

Vancouver, BC – April 9, 2018:  Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the first significant intersections of a new “sixth parallel” gold zone at the Gladiator Gold Deposit. This newly discovered gold zone, located approximately 50 m south of the Barbeau Zone, is parallel to and geologically similar to the other five mineralized zones currently modelled at the expanding deposit. Additional drilling is now underway to test further to the south to intercept and expand this new zone. The ongoing drilling campaign, which will total ~70,000 m in 2018, includes infill and expansion drilling at the Gladiator Gold Deposit. Multiple drill holes are in the lab with assays pending.

Highlights and Observations:

Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-18-09 170.0 172.0 2.0 3.9 North
BA-18-09 375.7 377.0 1.3 5.9 FW
BA-18-09 438.0 439.1 1.1 3.5 Main
BA-18-09 764.0 766.6 2.6 11.8 New
BA-18-10A 681.5 683.7 2.2 16.5 Main
BA-18-11 61.5 63.0 1.5 4.9 Main
BA-18-11 103.0 105.0 2.0 8.5 South
BA-18-11 118.8 120.4 1.6 7.7 South
BA-18-11 177.0 179.4 2.4 10.1 Barbeau
BA-18-11 308.0 310.0 2.0 6.4 New
BA-18-12 266.0 269.4 3.4 16.3 South

*Stated lengths are core width as drilled, true widths vary and average between 60 and 80 percent of drilled widths.  Core axis angles of the intersection contacts and surrounding rock units average 55 to 70 degrees.

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.

For further information on Bonterra, contact Investor Relations                                                       

Telephone: 1 844 233 2034

Email: ir@bonterraresources.com                                                                                                      

Website: www.bonterraresources.com                                                                                           

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