(via Thenewswire.ca)
Vancouver, BC / TheNewswire / April 21, 2015: BonTerra Resources Inc. (TSXV: BTR; FSE: 9BR) (the "Company" or "BonTerra") provides an update on the newly-named Gladiator Project (formerly the Eastern Extension, Lavoie, and Urban Barry Project) in the Urban-Barry Greenstone Belt of the Abitibi Subprovince in Quebec (the "Property").
In March, 2015, the President/CEO of the Company, certain investors, and the Company's geologists and drilling company made a site visit to the Property. The purpose of the site visit was to discuss logistics for the forthcoming field season, examination of core, camp installation, and general use of proceeds.
Upon examination of core at the site visit, it was determined that further analysis on the existing core is required, specifically, the host rock between the high-grade veins. This will accomplish a better understanding of the host rock potential for additional resources. This knowledge will aid in the Company's approach to exploration and update/enhance the block model which will help envision future mining scenarios. Therefore, an old core-cutting and analysis program will be implemented.
In addition to the old core-cutting program, reassay results of two diamond drillholes within the main zone (BA12-09 and BA12-11), now called the Spartacus Trend located on the West Arena Property, are still pending. Reassay is needed for BA12-09 and BA12-11 to comply with QA/QC protocols.
Mineral resource estimates are reported in the 2011 Snowden 43-101 Technical Report. The Technical Report can be viewed at BonTerra's website. Tonnes and grade have been reported above a range of gold cut-off grades:
|
Cut off Grade
Au g/t
|
Tonnes
|
Au
g/t
|
Au
Total grams
|
Au
Total ounces
|
|
1
|
4,337,000
|
3.53
|
15,314,000
|
492,000
|
|
2
|
2,266,000
|
5.29
|
11,976,000
|
385,000
|
|
3
|
1,170,000
|
7.97
|
9,328,000
|
300,000
|
|
4
|
905,000
|
9.37
|
8,479,000
|
273,000
|
|
5
|
863,000
|
9.50
|
8,200,000
|
264,000
|
|
6
|
778,000
|
9.94
|
7,735,000
|
249,000
|
|
7
|
673,000
|
10.46
|
7,036,00
|
226,000
|
|
8
|
513,000
|
11.44
|
5,870,000
|
189,000
|
|
9
|
409,000
|
12.27
|
5,018,000
|
161,000
|
Qualified Person
This technical content of this press release has been reviewed and accepted by John Florek P.Geo, a Technical Advisor of BonTerra. Mr. Florek is a Qualified Person under NI 43-101.
About BonTerra Resources
BonTerra is a Canadian gold exploration company based in Vancouver, BC, focused on continuing to expand its NI 43-101 compliant gold resource on its West Arena Property, part of the world famous Abitibi Greenstone Belt in mining-friendly Quebec. BonTerra's Gladiator Project is in the Urban-Barry Greenstone Belt and is comprised of three properties: West Arena, East Arena, and Coliseum Properties. The Gladiator Project is located approximately 170 km NE of Val-d'Or and 125 km SW of Chibougamau in the Urban, Barry and Bailly townships in Quebec.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/Nav Dhaliwal
Nav Dhaliwal
President & Director
(604) 678-5308
For further information contact:
Nav Dhaliwal
info@bonterraresources.com
www.bonterraresources.com
Tel: (604) 678-5308
This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) delays with respect to drill results; (ii) historical results, drill results and assays may not be representative of future results on the Property or of the extent of mineralization on other parts of the Property or of the continuity of mineralization, and (iii) general uncertainties with respect to mineral exploration in general. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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