Bonterra Closes Acqusition of Anderson Claims Quebec

BONTERRA RESOURCES INC.

Suite 1130 – 789 West Pender Street Vancouver, British Columbia, V6C 1H2 Telephone: (604) 669-9330

TSX.V SYMBOL – BTR

FSE SYMBOL – 9BR

BONTERRA CLOSES ACQUSITION OF ANDERSON CLAIMS QUEBEC

Vancouver, BC – December 3, 2010: BonTerra Resources Inc. (TSXV: BTR; FSE: 9BR) (the “Company”, “BonTerra”) announces that it has closed and received TSX Venture Exchange approval for filing an option agreement (the "Agreement") dated November 8, 2010 between BonTerra and four arm's length individuals (Mr. Steven Anderson, Mr. Don McKinnon, Mr. Larry Salo and Mr. Blair Naughty) (collectively the "Vendors") pursuant to which BonTerra has an exclusive and irrevocable right and option to acquire 100% of all right, title and interest in 37 contiguous mineral claims, covering 2,093.71 hectares, located in the Province of Quebec (the "Property"), subject to a 2% net smelter return royalties.

The aggregate consideration payable by the Company to the Vendors within a two year period is:

• $10,000 in cash ($5,000 on the Closing Date and the remainder payable within 12 months from

the Closing Date);

• issue 3,000,000 Common Shares of the Company (2,000,000 issuable on the Closing Date and

the remainder issuable within 12 months from the Closing Date);

• incurring $200,000 in Exploration Expenditures on the Property prior to the date that is 12

months from the Closing Date; and

• incurring $200,000 in Exploration Expenditures on the Property prior to the date that is 24

months from the Closing Date.

For additional information please read the Company's news release dated November 8, 2010 available on SEDAR or the Company website at www.bonterraresources.com

The Company contact has changed to the following:

Telephone: 604-678-5308 Fax: 604-678-5309 Toll Free: 1-855-678-5308 Email: [email protected] ON BEHALF OF THE BOARD

BONTERRA RESOURCES INC.

/s/ Mitchell Adam Mitchell Adam President, Director

For further information contact:

Mitchell Adam [email protected] www.bonterraresources.com

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.