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Bonterra Resources Inc.
Summary
| Project: | Gladiator | |
|---|---|---|
| Deposit: | Gladiator | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/8/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-12-2016: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its Gladiator deposit at the Gladiator project. Drilling results incl. 2.0m @ 64.3g/t Au from 152.0m. Vancouver, BC – December 8, 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 – December 8, 2016: BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “BonTerra”) is pleased to announce that the first two drill holes targeted within the “Rivage Gap” successfully located new high-grade gold mineralization, resulting in the addition of over 500 meters of strike length to the Gladiator Deposit. Drill hole BA-16-40 intersected 64.3 g/t over 2 meters at 130 m below surface while drill hole BA-16-42 intersected 8.7 g/t over 3 meters at over 300 meters below surface. The “Rivage Gap”, with an approximate length of 500 meters, is an untested section beyond the western extension of the Gladiator gold zone. The successful intersection of gold mineralization in the Rivage Gap provides Bonterra confirmation that the strike length of the Gladiator Deposit has now been increased to over 1.2 kilometers from its previously drilled length of 700 meters and joins the Rivage Zone with the main Gladiator Zone. Nav Dhaliwal, President and CEO of BonTerra, commented: “A re-interpretation by our geological team of the orientation of the Rivage Zone relative to the main zone has resulted in the confirmation that the Rivage is simply a strike extension of our Gladiator Deposit. This first attempt at joining the two zones has resulted in a significant strike extension to the Gladiator Gold Deposit. The “Gap”, noting its 500 meter strike length and being open to depth, provides an excellent opportunity to continue expanding the dimensions of the Gladiator Gold Deposit.” | |
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