BonTerra Resources Inc. announced that it has granted a total of 1,600,000 stock options to directors and consultants of the Company. The Options are exercisable into common shares of the Company at an exercise price of
.25 per share for a period of one (1) year. The options granted are not subject to a hold period. The Company's common shares closed at
.25 Canadian on the TSX Venture Exchange on May 17, 2011.
Drilling continues on the Eastern Extension Gold Project (the "Property"). The Property is located 170km northeast of Val d'Or, Quebec in the Abitibi Greenstone Belt. The Company is awaiting assays from two (2) additional holes drilled to deepen the known high grade gold zones on the property as well as three (3) holes drilled to the east. The goal is to methodically continue increasing tonnage of the mineralized zones on the Property in preparation for a future resource calculation.
This press release has been reviewed by Thomas Clarke, Pr.Sci.Nat., a Director of BonTerra. Mr. Clarke is a Qualified Person under NI 43-101.
About BonTerra
BonTerra is a Canadian gold exploration company focused continuing to expand the known gold zone on its Eastern Extension property, part of the world famous Abitibi Greenstone Belt of Quebec. BonTerra has a total of four properties in the Urban-Barry belt, all gold exploration targets.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
Mitchell Adam, President, Director
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.
BonTerra Resources Inc.
(604) 678-5309 (FAX)
info@bonterraresources.com
www.bonterraresources.com