For thousands of other reports visit RSC's Mineral Intellingence Map
Bonterra Resources Inc.
Summary
| Project: | Gladiator | |
|---|---|---|
| Deposit: | Gladiator | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-11-2018: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its Gladiator deposit at the Gladiator project. Drilling results incl. 3.0m @ 7.7g/t Au from 439.7m. Vancouver, BC – November, 20, 2018: Bonterra Resources Inc. (TSX-V | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Gagnon (Internal) | |
| ABSTRACT: | Vancouver, BC – November, 20, 2018: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXD, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the Gladiator mineralized trend has been extended to over 4.5 km as a result of new drill results as well as new information gained through the Duke joint venture database. Drilling by Bonterra and by the previous owner of the Duke ground (Beaufield Resources Inc., now Osisko Mining Inc.) has resulted in Gladiator deposit extensions in both the east and west directions. Drill hole BRS-17-11 was completed in 2017 by Beaufield in proximity to the Beaufield/Bonterra claim boundary approximately 2 km northeast of the known Gladiator deposit extent. This drill hole crossed into Bonterra claims at approximately 300 m depth below surface and encountered a broadly altered and mineralized zone that was identical in characteristics to the Gladiator deposit including the presence of visible gold. The hole was logged and sampled by Beaufield; however, it was not reported to Bonterra and it is unclear whether assays were obtained at the time. Since the Duke option deal was ratified with Beaufield, Bonterra has been able to retrieve the core and resample it resulting in an intersection of 7.7 g/t over 3.0 m. Additional holes obtained from the Duke database as well as new drilling completed by Bonterra have confirmed the extensions in both the east and west directions. Bonterra is now drilling follow up holes in and near the Duke option southern boundaries as it is now earning in to 70% of this ground from Osisko Mining (see BTR news release dated May 23, 2018). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report