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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 tomgraniteon Sep 27, 2023 12:38am
102 Views
Post# 35656162

RE:RE:RE:RE:RE:Bachelor Mill not mentioned

RE:RE:RE:RE:RE:Bachelor Mill not mentionedThe reason why Bachelor mill is not mentioned, is because OSK have no interest in it. They will build their own 3,900 tpd mill and as the FS only shows 3,200 tpd they have spare capacity. They can increase capacity to 5,000 tpd by obtaining permits but there is no need to go to Federal level due to recent changes in law.

The Barry open pit deposit may well end up being processed at the Windfall mill some time in the future.
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