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Bullboard - Stock Discussion Forum Bonterra Resources Inc. V.BTR

Alternate Symbol(s):  BONXF

Bonterra Resources (BTR:V; BONXF: OTCQX) Is a gold exploration company focused on adding ounces to the world-class Abitibi Gold Belt in Quebec and Ontario, located in the most active exploration region in Canada with year round access.

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Up up .

iluv2buyem (12849) | July 29, 2022 05:45 pm

Bonterra Announces Filing of NI 43-101 Technical Report for the Barry Open Pit

Bonterra Announces Filing of NI 43-101 Technical Report for the Barry Open Pit

Val-d'Or, Quebec--(Newsfile Corp. - July 29, 2022) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce the filing of an independent Preliminary Economic Assessment ("PEA") technical report which has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, on the Barry open pit project (the "Barry Open Pit PEA") in the Urban-Barry Camp in northern Quebec.

The technical report, entitled "Technical Report on the Gladiator and Moroy Deposits and the Bachelor Mine and Preliminary Economic Assessment on the Barry Deposit, Northwestern Qubec, Canada Report for NI 43-101" and dated July 25, 2022 (effective date of June 1, 2022), has been prepared for Bonterra by SLR Consulting (Canada) Ltd. and AMC Mining Consultants (Canada) Limited has reviewed and endorsed the mine engineering and cost estimates contained in the Barry Open Pit PEA. The technical report is available on www.sedar.com under Bonterra's issuer profile.

Bonterra's news release dated June 13, 2022 summarized key results, assumptions and estimates contained in the Barry Open Pit PEA. The Corporation confirms that there are no material differences between the key results, assumptions and cost estimates contained in the Barry Open Pit PEA and Bonterra's news release dated June 13, 2022.

About Bonterra Resources Inc.

Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company has a portfolio of deposits, including, Barry, Gladiator, Moroy, and Bachelor that collectively have a total of 1.24 million ounces in Measured and Indicated categories, and 1.78 million ounces in Inferred category. Importantly, the Company owns the only permitted and operational gold mill in the region. Bonterra is focused on graduating from advanced exploration to a development company to deliver shareholder value.

FOR ADDITIONAL INFORMATION

Marc-Andre Pelletier, President & CEO
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d'Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-Looking Statements

Readers are cautioned that the Barry Open Pit PEAis preliminary in nature and includes inferred mineral resources that are too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the results, assumptions or estimates in theBarry Open Pit PEA will be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

RE:Up up .

fruitvale3067 (622) | July 29, 2022 06:40 pm

Iluv have your read thru it?

Section 21-1 Initial Capital cost for the Barry Open Pit...............$50 million!!!!!

Sidebet, hauling will be done with CAT 745 articulated dump trucks. Exactly what I said they would use.......and they are diesel powered. Go figure.

I see fuel costs are almost the same as milling costs. 

I also see the fuel cost used for the 43-101 was  $1.75/liter. It's 2.00/liter now. 

7 million dollars a year to haul the ore. 

They also still need a quite a few permits.

Mining by next summer?  They have their work cut out for them. 

RE:RE:Up up .

fruitvale3067 (622) | July 29, 2022 07:35 pm

Lets see.....$50 in initial capital costs divided by .80 cents a share comes to.........62.5 million new share if a PP was done today. 

RE:RE:RE:Up up .

iluv2buyem (12849) | July 29, 2022 10:55 pm

OH MY goo ! Fruit . Are u serious ? 50MM ? And you ask heystu ? You havent been paying attention have you ? HA ! 25 MM . And what was that trucking cost per ton again vs what you screamed it was for years on end ?
Fruit , you do not listen to any interviews do you . You are here to misdirect bring up half truths lies and distorts . Arent you ?

Readers fruit knows nothing but how to cast doom and false gloom . BTR is a MONSTER . We told you all to buy Wesdome at $ 2 . 50 per share cando right here . Went to $ 16 . oo in 2 years . WHY ?

ONE REASON ! M . A . P . And he is now OUR CEO AT BTR . WE have a WESDOME 2 and if you want to pass it by please do . FRUIT has .

Fruit will tout that he avoided a big down in BTR stock . Good for him . BUT HE WILL NEVER accumulate what we have at our average . EVER . We are red with  free MAG SILVER
Because of MTO / BTR . We own a lot and you will neverr get as much fruit . Never . Which means you will never win like us .

And dont start the troll argument you bought other winners . We have 50 other winners all announced here before they moved . So we will wait for BTR .

RE:RE:RE:RE:Up up .

tannin (359) | July 30, 2022 01:27 am

in the After-Tax Sensitivity Analysis, Table 22-3, one heading is "Metal Price (C$/oz Au)"....then shows the U.S. range of prices, $1300 -2000. Someone please tell MAP.....small thing, but let's get it right. Otherwise, good bit of work....

RE:RE:RE:RE:RE:Up up .

tannin (359) | July 30, 2022 01:41 am

and Fruits, you are being deliberately misleading suggesting BTR needs to raise 50 mill. That's total bs. Sustaining costs of 21 mill will come out of cash flow, and, BTR has many millions cash currently.

RE:RE:RE:RE:RE:RE:Up up .

fruitvale3067 (622) | July 30, 2022 05:35 am

Tannin, Section 21-1's Title is "Initial Capital Costs" for the Barry Open pit. Initial to me means that's what you need to get it up and running. You subtracting out 21 million in cash flow before they even get up and running. Also, Btr may have many millions of cash currently (19 Million as of March 31). However they only had 9 million in operating cash . The remainder is flow thru shares dedicated to exploration only. Of that 9 million in operating cash  they were burning thur it at a rate of approximately 3 million a quarter. So it's closer to 5-6 million by now. 

RE:RE:RE:RE:RE:RE:Up up .

iluv2frylies (933) | July 30, 2022 12:47 pm

you are being deliberately misleading suggesting BTR. Wtf. You again?
"Oho!" said the pot to the kettle;
"You are dirty and ugly and black!
Sure no one would think you were metal,
Except when you're given a crack."

"Not so! not so!" kettle said to the pot;
"'Tis your own dirty image you see;
For I am so clean – without blemish or blot –
That your blackness is mirrored in me.

To attempt to apply any common sense to your comments  is asking for a major bout of confusion, if not a massive stroke.