Bonterra Discovers Multiple New Zones North of the Gladiator Deposit
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Bonterra Discovers Multiple New Zones North of the Gladiator Deposit
Vancouver, BC – December 6, 2018: Bonterra Resources Inc. (TSX-V: BTR, OTCQX:
BONXD, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the latest drilling
results from the ongoing resource development program at the Gl adiator Deposit, including
intersections of 11.4 g/t Au over 2.5 m north of the deposit and 13.7 g/t Au over 7.3 m at the
Main zone. The ongoing resource d evelopment program at the Glad iator deposit includes
definition, expansion and exploration drilling. Exploration drilling is focused on deposit extension
onto the Duke optioned property as the Company is now earning 70% of this ground from Osisko
Mining (see BTR news release dated May 23, 2018). Multiple new high-grade intersections were
discovered north of the deposit extending the width of the deposit up to 300 m to the north.
Highlights and Observations:
Multiple new high-grade intersections were intersected in explo ration drilling north and
west of the Gladiator deposit, extending the known extents of mineralization up to 300 m
north and highlighting the potential for further expansion.
BA-18-72 intersected the New North zone with 7.3 g/t Au over 2.1 m and extended the
North Zone down plunge in the Rivage area with 14.1 g/t Au over 1.2 m.
BA-18-78 intersected the North zone eastward down plunge to more than 80 0 m below
surface with 5.4 g/t Au over 1.1 m.
BA-18-81 extended the North zone in the Rivage area with 18.0 g/t Au over 2.6 m . This
intersection expands the zone down plunge and opens up the Riva ge area for further
extension at depth.
BA-18-83 intersected the Main zone at approximately 100 m below surface with 13.7 g/t
Au over 7.3 m. This infill intersection expanded the high grade trend within the Main zone
in the Rivage Gap area.
BA-18-90 further defines the Footwall zone with 25.9 g/t Au over 2.0 m in the Rivage
area.
BA-18-95 intersected multiple high-grade structures north of the deposi t onto the Duke
property including 4.8 g/t Au over 3.8 m. This exploration hole di scovered five distinct
gold zones north of the Gladiator deposit.
BA-18-95 extended the North zones down plunge greater than 500 meters b elow surface
with 7.7 g/t Au over 1.0 m. Hole BA-18-95 also opens up the Footwall zone with 4.8 g/t
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Au over 2.0 m in the Rivage area. These interse ctions highlight the exploration potential
to discover additional high-grade chutes at the deposit.
BA-18-102 intersected multiple new structures in the Rivage area, includ ing 10.6 g/t Au
over 1.4 m, extending mineralization more than 100 m to the southwest.
BA-18-108 intersected 11.4 g/t Au over 2.5 meters north of the deposit on the Duke
property.
The ongoing resource development program continues to expand an d define the Gladiator Gold
Deposit ahead of the upcoming mineral resource estimate. One drill remains active at the Gladiator
Deposit to expand the footprint of the known mineralization at the new Titan zone discovery (see
BTR news release dated November 20, 2018). The Gladiator deposit remains open in all directions.
Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-18-71A 965.0 967.0 2.0 5.5 Footwall
BA-18-72 262.9 265.0 2.1 7.3 New North
BA-18-72 377.5 378.7 1.2 14.1 North
BA-18-73 536.0 538.0 2.0 4.9 Footwall
BA-18-74 91.2 93.0 1.8 5.4 South
BA-18-75 803.0 805.0 2.0 4.1 North
BA-18-78 1003.9 1005.0 1.1 5.4 North
BA-18-81 289.5 291.5 2.0 7.1 Footwall
BA-18-81 354.0 356.6 2.6 18.0 North
BA-18-82 200.8 201.8 1.0 5.2 New North
BA-18-83 141.4 148.7 7.3 13.7 Main
BA-18-88 127.9 130.0 2.1 6.5 New North
BA-18-90 427.0 429.0 2.0 25.9 Footwall
BA-18-93 68.5 70.0 1.5 4.8 New North
BA-18-93 79.0 81.0 2.0 4.7 New North
BA-18-95 59.0 60.0 1.0 4.4 New North
BA-18-95 220.0 223.8 3.8 4.8 New North
BA-18-95 460.5 462.3 1.8 4.7 New North
BA-18-95 502.9 505.0 2.1 5.7 New North
BA-18-95 580.0 581.0 1.0 4.0 New North
BA-18-95 650.0 651.0 1.0 7.7 North
BA-18-95 860.0 862.0 2.0 4.8 Footwall
BA-18-102 203.0 205.0 2.0 3.7 Rivage
BA-18-102 252.1 253.5 1.4 10.6 Rivage
BA-18-102 269.8 271.2 1.4 5.6 Rivage
BA-18-108 293.5 296.0 2.5 11.4 New North
*Stated lengths are core width as drilled, true widths vary and average between 60 and 80 percent of drilled
widths. Core axis angles of the intersection contacts and surrounding rock units average 55 to 70 degrees.
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Please see http://bonterraresources.com/projects/gladiator-deposit/maps-sections/ for updated
maps including long sections and cross sections.
Bonterra Resources Quick Facts:
Control of three high-grade gold deposits (Gladiator, Moroy and Barry) and significant
regional targets
100% ownership of the Urban-Barry Mill, the only permitted gold mill in the region
Strong shareholder base including: Eric Sprott and Kirkland Lake Gold
New NI 43-101 Mineral Resource Estimate anticipated for the Gladiator, Barry and Moroy
deposits
Quality Assurance and Quality Control:
Bonterra estimates that the true thickness of mineralized inter vals is between 60-80% of stated
core lengths. No capping grade has been applied. NQ-sized drill core is saw cut with half of the
interval sampled for analysis at ALS Laboratories in Val d’Or, Quebec, and the remaining half is
stored at the Gladiator project site. Sample intervals are sele cted based on geological criteria
including lithology, mineraliza tion and alteration. Blanks and certified reference standards are
inserted every 25 samples. The Company employs a QA/QC program consistent with NI 43-101
and industry best practices.
Robert Gagnon, P.Geo., has approved the information contained i n this release. Mr. Gagnon is a
director of Bonterra and is a Qualified Person as defined by NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS,
Nav Dhaliwal, President & CEO
Bonterra Resources Inc.
For further information on Bonterra, contact Investor Relations
Telephone: 1 844 233 2034
Email: [email protected]
Website: 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.
This press release contains "forward-looking information" that is based on Bonterra’s current expectations, estimates,
forecasts and projections. This forward-looking information includes, among other things, statements with respect to
Bonterra’s exploration and development plans. The words "will", "anticipat ed", "plans" or other similar words and
phrases are intended to identify forward-looking information. Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance
or achievements to be materially different from those expressed or implied by such forward-looking information. Such
factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient
capital to fund exploration and development; changes in economic conditions or financial markets; increases in input
costs; litigation, legislative, environmental and other judicial, regulat ory, political and comp etitive developments;
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technological or operational difficulties or inability to obtain permits encountered in connection with exploration
activities; and labor relations matters. This list is not exhaustive of the factors that may affect our forward-looking
information. These and other factors should be considered carefully, and readers should not place undue reliance on
such forward-looking information. Bonterra disclaims any intention or obligation to update or revise forward-looking
information, whether as a result of new information, future events or otherwise.