BonTerra Resources Inc V.BTR

Alternate Symbol(s): BONXF

Metals & Mining Gold

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.

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BonTerra Resources Inc > Does Osisko own 70% of this property?

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Comment by CaptnBalzon Dec 04, 2023 10:47am

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Post# 35767022

RE:Does Osisko own 70% of this property?

Where were these encouraging first drill hole hits found? Hint- Close to the 100% owned Btr mill.

CaptnBalz wrote: For me, with my investment thesis in mind, Btr presents an opportunity. The gamble is a calculated one to be sure. Do not bet the house. Buy the offer with a few shekels then head out for a relaxing afternoon of play at the tennis court.

Highlights include:

10.97 g/t Au over 10.1 m, including 16.36 g/t Au over 4.7 m in hole BRDS-23-018

4.79 g/t Au over 6.3 m, including 9.03 g/t Au over 1.5 m in hole BRDS-23-016

2.65 g/t Au over 4.2 m in hole BRDS-23-016

Marc-Andr Pelletier, President and CEO, commented: "After entering into an earn-in and joint venture agreement with Osisko Mining Inc. in the Urban-Barry camp, our Company has redirected its exploration efforts to focus on our 100%-owned Desmaraisville projects, which is close to where the Bachelor Mill Complex is situated. The current 15,000 m drill program aims to explore new targets across our land package and validate our improved geological interpretation. The recent discovery of mineralized zones at Desmaraisville South supports our current understanding of the gold potential, indicating similarities to the Bachelor and Moroy deposits on the western side of the O'Brien Intrusive, located about 3 km from the Bachelor Mill. The ongoing drill program with three rigs, set to conclude this year, should provide valuable insights that will guide our future exploration strategy. It is to be noted that the nearby Bachelor Mine historically produced over 350,000 ounces of gold from two million tonnes at a grade of 5.0 g/t Au."