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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 iluv2buyemon Sep 02, 2021 9:38am
128 Views
Post# 33800067

Not the time for that - but this !

Not the time for that - but this !The Company is currently drilling at a rate of approximately 10,000 m per month at its three main gold deposits to expand upon the recently released 2021 MRE. In addition, work on the Preliminary Economic Assessment ("PEA"), which would utilize the existing Bachelor Mill as a central processing facility is ongoing and is expected to be completed in Q4 2021.

Pascal Hamelin, CEO commented: "The Gladiator deposit is starting to demonstrate early signs of a higher number of occurrences of high-grade material from extension zones to the South of the existing 2021 MRE. The density of the North dipping structures, which are carrying gold mineralization, appears to be increasing to the South. For the remainder of 2021, we will continue to focus our Gladiator exploration efforts on this area of the deposit as we believe we are just beginning to scratch the surface of this highly mineralized zone."

iluv comment - Screws up a few narratives from the usual suspects - slum lords !

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