BonTerra Resources Inc V.BTR

Bonterra Intersects 8.2 g/t Au over 8.2 m

[Betteryear2]

Val-d'Or, Quebec--(Newsfile Corp. - May 30, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce more results from the now completed infill and expansion drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate (the "2021 MRE", see press release dated June 23, 2021). The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization, primarily in the upper section of the deposit. In total, 31,349 metres ("m") (91 holes) of infill drilling has been completed from surface since August 2022. The Company has received assays for 89 holes so far, including the holes disclosed in this release (see press releases dated November 15, 2022, December 12, 2022, March 27, 2023, and May 1, 2023, for previously released holes). To date, 1,619 samples are pending results.

Bonterra Intersects 8.2 g/t Au over 8.2 m, Including 16.6 g/t Au over 3.4 m and 54.5 g/t Au over 0.5 m at the Barry Underground Project and Provides Operational and Exploration Updates (newsfilecorp.com)