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Bonterra Resources Inc.
Summary
| Project: | Bachelor Mine | |
|---|---|---|
| Deposit: | Moroy | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 17-10-2019: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its Moroy deposit at the Bachelor Mine project. Drilling results incl. 17.24m @ 7.89g/t Au from 68.08m. Val-d’Or, QC – October 17, 2019: Bonterra Resources Inc. (TSX-V | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jamie Lavigne (Internal) | |
| ABSTRACT: | Val-d’Or, QC – October 17, 2019: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce the discovery of a new zone of gold mineralization at the Moroy Project. Recently completed diamond drill hole intercepts in the new zone, referred to as the M4 Zone, are summarized in the table below. The Moroy deposit is located on the Company’s 125 square kilometer Bachelor Lake Property, approximately 225 kilometres northeast of Val-d’Or and is located south of the Bachelor Mine. Mineralization at Moroy consists of quartz veins with minor pyrite hosted by hematite, sericite, quartz, and pyrite altered volcanic rocks. Mineralization previously delineated at Moroy, and included in the Company’s Mineral Resource Estimate (May 28, 2019), consists dominantly of a westerly striking and steeply north dipping (approximately 60 – 80 degrees) vein system. In contrast, the M4 Zone dips shallowly, approximately 20 – 30 degrees (to the north-northwest). The delineation of the M4 Zone represents a newly recognized orientation for mineralization at Moroy. A plan view of the M4 Zone including drill hole pierce points and intersection grades is attached. | |
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