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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 idlefreebirdon Dec 01, 2022 7:29am
131 Views
Post# 35142181

A mill means nothing ask Pure Gold

A mill means nothing ask Pure Goldthe ore going into the mill needs to be economical...Map shutdown a higher grade resource at Moroy in both categories just beside the mill with all infrastructure in place due to when mining the 5.58 gpt would be diluted to 2.6 and at a high AISC as underground mining is more expensive then open pit..Now Osisko just released there diluted grade from 11.4 from resource to 8.1 gpt mine plan...Barry will be interesting to see as if it doesn't cut the diluted grade it won;t be economical no matter what insiders buy..I;m hoping it goes great as i wish no losses on any investor just letting people know what to look out for as the writing is on the wall and the famous MAP himself shutdown Moroy as he is a mine builder..The long section on Barry deposit on page 22 presentation shows all the drill holes and the vacant space between intercepts..The H series are the veins that most thr resource is based on..keep in mind you need to down ramp or tunel all the way down to retreive this gold and if it's not a wide vein then it;s diluted , this is the reason MAP is re-evaluatingthe mine plan..just an educational tool ...glta

https://btrgold.com/wp-content/uploads/2022/11/BTR-Corporate-Presentation_22.11.21-1.pdf
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