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Bonterra Resources Inc.
Summary
| Project: | Gladiator | |
|---|---|---|
| Deposit: | Barbeau | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/16/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-11-2017: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its Barbeau deposit at the Gladiator project. Drilling results incl. 1.9m @ 22.2g/t Au from 911.5m. Vancouver, BC – November 16, 2017: Bonterra Resources Inc. (TSX-V: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Gagnon (Internal) | |
| ABSTRACT: | Vancouver, BC – November 16, 2017: Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the identification of a fifth new parallel gold zone at the Gladiator Gold Deposit. This new “Barbeau Zone”, intersected by six drill holes up to 800 m below surface, was identified south of the “South Zone”. The Company is aggressively completing its 2017 Resource Development Program, with four diamond drill rigs completing a 50,000 m program. In addition, multiple holes are in the lab with assays pending, and Bonterra expects to expand to six drill rigs during the upcoming 2018 winter season. Dale Ginn, VP Exploration, stated, “Our resource development program is focused on expanding the Gladiator Gold Deposit. The identification of Barbeau as a potential fifth parallel gold zone is exciting and indicates the strength of the Gladiator gold system. Further exploration of the new Barbeau Zone will be included in the winter drilling campaign, where we expect to have six drill rigs operating on the property. As we progress through the drill program, we continue to gain an excellent understanding of the significant gold system at Gladiator, which is leading to the accelerated development of our geological model. We look forward to 2018 with the completion of an updated resource estimate." | |
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