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Bonterra Resources Inc.
Summary
| Project: | Gladiator | |
|---|---|---|
| Deposit: | Deep East Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-1-2017: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its Deep East Zone deposit at the Gladiator project. Drilling results incl. 8.5m @ 15.7g/t Au from 367.0m. BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (t | |
| Resources: | (Resource, Inf.): 905000t @ 9.37g/t Au for 273000oz Au contained (4g/t Au cut-off) | |
| CP/QP: | [Overall Report]: Dale Ginn (Internal) | |
| ABSTRACT: | BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “BonTerra”) is pleased to announce that multiple high-grade intersections have been discovered at the Deep Eastern Zone of the Gladiator Deposit. Nav Dhaliwal, President and CEO of BonTerra, commented: “Once again, drilling continues to indicate that the Gladiator Gold Deposit is increasing in size, and also continues to deliver consistent high-grade gold intersections. Our first step out hole to the east in 2017 has produced multiple intersections of impressive grade and width, including 5.0m of 20.7 g/t gold. In addition, a new gold zone was also discovered with excellent width, and the visual indicators of another strong horizon. We look forward to delivering continued news flow of drill results from the eastern and western extensions, and now potential newly discovered zones from the Gladiator deposits over the coming months as we complete our aggressive resource development program.” All intersections from Hole BA-17-01 are located near the known down plunge eastern limits of the deposit. The high grade Main and Footwall Zones are near the contact between mafic volcanic units and a mineralized felsic porphyritic intrusive. | |
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