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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 fruitvale3067on Sep 27, 2023 3:58pm
117 Views
Post# 35657819

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

RE:RE:RE:RE:RE:RE:RE:Bachelor Mill not mentionedTannin, 

If I remember correctly Metanor didn't build the bachelor lake mill. They bought it from somenone else. Someone who couldn't make the narrow veins at bachelor lake work either. 

They were mining the open pit at Barry initially when management decided to chase after the higher grade underground ore at Bachelor Lake. They eaked out some actual profits on some quarters but when it came down to annual numbers they were at a loss. 
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