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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

Comment by tanninon Jun 10, 2021 12:04am
68 Views
Post# 33360570

RE:RE:RE:RE:RE:Why do you doubt

RE:RE:RE:RE:RE:Why do you doubt Fruits, not sure why Gladiator "needs a lot more ounces proved up.". This is a brown field project, mill's already there, no large bucks required. The people putting up big bucks require large proven/probable before they open their wallets. BTR needs small bucks, so far less proven/probable required.
A good case could likely be made for only mining gladiator; the high grade means money could be made from present mill without expansion.....thus, even less money needed.
Gladiator is slated to provid over 50% of the feed anyway...makes you wonder why such large sums spent drilling barry, particularly.....Moroy I understand ...no shipping, but Barry ?
Gladiator is worth the current price of admission....and all the drilling should have been to confirm and expand expand that find. We have no idea how deep it goes, how far it extends in any direction.....too busy 'discovering' low grade ore at Barry ( clever us ) and then touting that 'find'....( see latest nr ) and then being shocked that no one's excited.
 
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