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BonTerra Resources Inc V.BTR

Alternate Symbol(s):  BONXF

Bonterra Resources Inc. is a Canada-based gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company is engaged in the business of acquiring, exploring, and evaluating natural resource properties in the province of Quebec. The Company’s assets include Gladiator, Barry, Moroy, and Bachelor. The Company holds a 100% interest in 436 mineral claims covering 22,779.32 hectares surrounding the town of Desmaraisville. The Bachelor Mine is located on one mining concession, and one mining lease, four kilometers (km) south of Highway 113 and 90 km northeast of the city of Lebel-sur-Quevillon. The Company holds a 100% interest in 21 mineral claims in the city of Val-d’Or in Quebec covering 457.53 hectares. The Company holds a 90% interest in two mining leases north of the town of Skead within the city of Greater Sudbury in Ontario. The two mining leases cover an area of approximately 129.99 hectares.


TSXV:BTR - Post by User

Bullboard Posts
Post by tomgraniteon Apr 24, 2018 6:24am
113 Views
Post# 27930379

Metallurgical grades higher than assays

Metallurgical grades higher than assaysPage 19 of the current corporate presentation has details of the metallurgical results. An interesting comment on the left hand side says ''feed grade samples in the metallurgical testing averaged higher than the assay grades received from drill holes''.

So, what they did is drill larger diameter holes than usual, assay them, then do the metallurgy. The metallurgy gave better results than the assays. IMHO, this is very significant. It should mean that when they do a bulk sample, the actual recovery rate could be higher than what is stated in the resource estimate. This is another box ticked and a de-risking of the project.
Bullboard Posts