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Bonterra Resources Inc.
Summary
| Project: | Gladiator | |
|---|---|---|
| Deposit: | Gladiator | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/16/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-11-2016: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its Gladiator deposit at the Gladiator project. Drilling results incl. 5.5m @ 70.0g/t Au from 813.5m. Vancouver, BC – November 16, 2016: BonTerra Resources Inc. (TSX-V | |
| 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: | Vancouver, BC – November 16, 2016: BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “BonTerra”) is pleased to announce that it has significantly extended its Gladiator Gold Zones by over 250 m down plunge and to the east with multiple intersections of high grades and meaningful widths. Assays from an additional seven (7) holes from its 2016 Exploration and Drill Program on its 100% owned Gladiator Gold Project located north of Val d’Or, Québec have been received from the eastern extension and are reported below. Drilling continues with one rig on the deep eastern portion of the deposit while a second rig has been added and is underway at the west end strike extension toward the Rivage zone (see attached longitudinal section). A number of holes are in various stages of processing ie. logging and assaying from both drills. Nav Dhaliwal, President and CEO of BonTerra, commented: “On the back of our very successful winter drilling campaign that significantly expanded the Gladiator Gold Deposit to the west, we made the decision to concentrate on extending the east side and depth extensions of the deposit at a measured pace with one drill rig. This strategy has resulted in two major milestones: A major extension of grade and width eastward and to depth, and a much better understanding of the excellent continuity and predictability of the west side leading us to add an additional drill rig with the intention of proving that the Gladiator Gold Deposit could exceed 1,000 meters in strike length.” | |
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