RE:NEWS ! ! ! BTR Bonterra Intersects 79.9 g/t AuQuiet eh pokinfun, tsoprano, fruitvale306, idlefreebird, et al. Stay that way.
This news confirms what we have touted for years, it is all about Barry.
Others lead you down different paths, yet iluv2buyem kept the truth front and center.
Marc Andr Pelletier, President and CEO, commented: "We are pleased with the recent results of the ongoing infill drilling campaign for the underground deposit at Barry. MB-22-529A drill hole results of 333.0 g/t over 0.5 m represents the highest reported interception ever at the Barry project. This campaign fits well with our strategy of moving the Barry asset toward a production re-start. Considering the magnitude of the underground mineral resources, the deposit has the potential to become a long-lived operation and the Company intends to further define its potential. Drilling at Barry will continue with two drill rigs on site. Also, the pre-feasibility study ("PFS") on the Barry open pit project is at an important juncture and an update is expected before year end."
I might add the "Whack Dump" club has issues going forward.
The Company is also pleased to announce that it has retained PI Financial Corp. ("PI") to provide marketing services in accordance with TSX Venture Exchange ("TSX") policies. PI will trade the securities of Bonterra on the TSX for the purposes of maintaining an orderly market. In consideration of the services provided by PI, the Company will pay PI a monthly cash fee of $5,000 for a minimum term of three months and renewable thereafter. Bonterra and PI are unrelated and unaffiliated entities. PI will not receive shares or options as compensation. The capital used for market making will be provided by PI.