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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

Post by Digger0144on Jun 04, 2021 5:44pm
138 Views
Post# 33334663

CEO Pascal Hamelin...:"They are going to like it"

CEO Pascal Hamelin...:"They are going to like it""They" is us...what are they going to like?...The updated resource estimate.

As I mentioned in the past...using a historic average of 5 oz. per metre  in regards to exploration drilling...the updated resource will add approximately 650,000 ounces to the already declared 2.1 million ounces resource.  130,000 metres of additional drilling....That will bring the new total resource to 2,750,000 ounces.

The only question is how many of those ounces will be in the Measured & Indicated category namely M & I....very important.

Now..if I can figure this out...the market has long been able to do so.
The question is...is this the reason why the stock price has run up significantly in the last number of weeks?  Probably not.

They are holding back the in hand assay results...to me..the fact they have held them back and the recent run up and chase at the close today is speaking loudly...they have a friendly deal in the making.

Stay Tuned!


Adelaide Capital Digital Newsletter - YouTube


All the Best!
Digger 0144






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