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 goldhappyon Jul 07, 2020 6:45pm

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Post# 31236524

Bonterra is ready now

800 tons * 7 grams = 5600 grams per day

5600 / 0.03215075

180 Troy ozs

$1000 clear times 180 Troy oz

$180,000 per day

$180,000 times 6 days = about 1 million CAD per week

estimate $50 million per annum

no need to spend on a mill expansion

keep drilling and expanding the resource to 3. , 4. 5 million ozs

Moroy will give the initial production
Likey the old Bachelor working will have ore remnants.

Looks pretty straight forward to me.