BonTerra Resources Inc V.BTR

Alternate Symbol(s): BONXF

Metals & Mining Gold

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.

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BonTerra Resources Inc

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Post by tomgraniteon Sep 19, 2018 5:52am

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Post# 28644561

KL bullish in area

KL have increased their holding in Osisko to nearly 14%. I expect they will take a good chunk of BTR's next financing, which I guess will take place after the RE has been announced.

Once the RE is done, BTR could quickly move to doing a PEA before Christmas.

Osisko are currently taking a bulk sample so are 1 year ahead of BTR in terms of going in to production. KL must surely be lining BTR and Osk for a takeover with the Bachelor mill lying idle with 2,400 tpd capacity.

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