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Bonterra (TSXV:BTR) interects near surface gold at the Barry Deposit

Julia Kennedy , The Market Herald Canada
0 Comments| October 5, 2021

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Bonterra Resources (BTR) has released further results from its ongoing drill program at the Barry project.

The company is currently drilling at a rate of approximately 6,000 metres per month, focused on expanding its main gold deposits.

The latest results are obtained from 21 diamond drill holes and are designed to expand the 2021 mineral resource estimate (MRE). Recent drilling results expanded upon the northeast sector of the Barry deposit near surface and at depth.

Highlights from this area include 8.0 g/t gold over 12.1 metres, including 14.9 g/t gold over 3.7 metres in one hole.

Pascal Hamelin, CEO of Bonterra Resources, commented on the results.

“These near surface results […] substantiate our view that a strong mineralized potential exists at Barry,” he said.

“Recent exploration drilling,” he added, “[…] intercepted thick and continuous gold mineralization intervals near surface and within 200 m depth immediately adjacent to the 2021 MRE.”

At the Barry deposit, multiple diamond drill holes tested open pit potential to the northeast of the open pit resource shell in the 2021 MRE and followed up on deeper intercepts.

Expansion drilling has confirmed the mineral continuity of several known H-Type zones and has intercepted new additional H-type zones north of the 1000 zone.

Follow-up drilling of this target area northeast of the Barry gold deposit will continue throughout the remainder of Q4 2021 and into Q1 2022.

Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec.

Shares in Bonterra Resources (BTR) are steady, trading at $0.97 per share as of 1:52 pm ET.



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