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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 NOBSORHYPEon Nov 15, 2022 9:47am
96 Views
Post# 35099504

RE:NEWS ! ! ! BTR Bonterra Intersects 79.9 g/t Au

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.

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