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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 sidebet2on May 02, 2023 5:13pm
96 Views
Post# 35426144

unfolds ?

unfolds ?
This just got unfolded and pressed into a nice tray of gold bars. Read the news, tell me what it says ? It never once said that a mill was going to be built on the actual Windfall site. The key is permitting. That is when the second 300 million kicks in. Then the shared investment for the mill ? ..its free people.  Does any reader think that Gold Fields has no knowledge of 2 MILLION ounces sitting adjacent to Windfall? Did 300 million ON SIGNING just happen as a good will gesture ? No, they could have offered a buck and said $599,999,999 upon permitting, but no, they cut a cheque for 300million. So that says, John we are in, fully committed, but here is the bank roll to go knocking on doors. Do not be confused about this ONE MILL or TWO mills. They would be both set up to produce 3600t/d, if that's the plan ? that is VERY PUBLIC information, go find it, its all there. So cash flow always being the king of business, can one imagine the cash flow from 7200t/d at what ?? ...7 g/t average ..for decades ? ..Timmins has many mills running in their 100 year camp. Like always ..URBAN BARRY IS GOLD ZILLA ..and now we just got a glimpse into our very lucrative future. Under one big top it is an amazing camp ..and bought on the cheap, very cheap, a great deal for Gold Fields for certain.
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