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Bonterra Resources Inc.
Summary
| Project: | Gladiator | |
|---|---|---|
| Deposit: | South Gold Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-7-2017: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its South Gold Zone deposit at the Gladiator project. Drilling results incl. 3.8m @ 12.0g/t Au from 572.0m. Vancouver, BC – July 20, 2017: Bonterra Resources Inc. (TSX- | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Gagnon (Internal) | |
| ABSTRACT: | Vancouver, BC – July 20, 2017: Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the current resource development program in and around the Gladiator Gold Deposit has successfully further extended the newly discovered South Gold Zone (see release dated June 6, 2017) by over 300 meters to depth. Drill hole BA-17-22, the first hole collared from the south island location (hanging wall) intersected 3.8 meters of 12 g/t at 600 meters below surface. Additional results have also been received which also considerably extend to depth the Main and North zones. Nav Dhaliwal, CEO and President stated, “Results continue to significantly increase the overall dimensions of the Gladiator Gold Deposit in all directions. We are currently focused on our aggressive resource development program and remain in a strong financial position, having raised $40 million in the first half of 2017. The addition of significant strategic partners and shareholders validates not only the Gladiator Gold Deposit but management’s focus and strategy going forward.” Dale Ginn, VP Exploration added, “The extension of the new South Zone to depth is significant, noting it is the first result from our southern island location. This location provides access to drill the Rivage Gap area to depth from the hanging wall side of the Gladiator deposit, and enables us to extend the under plunge areas of the other four zones as well.” | |
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