Bonterra Expands Mineralized Width and Grade at Gladiator Gold Deposit with Significant Results on Multiple Zones; 18.5 g/t Au over 4.0 m Intersected in the South Zone
1680-200 Burrard Street
Vancouver, BC V6C 3L6
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www.bonterraresources.com
Bonterra Expands Mineralized Width and Grade at Gladiator Gold Deposit with
Significant Results on Multiple Zones; 18.5 g/t Au over 4.0 m Intersected in the South Zone
Vancouver, BC – December 5, 2017 : Bonterra Resources Inc. (TSX-V: BTR, US: BONXF,
FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce continued success from its
ongoing Resource Development Program at the Gladiat or Gold Deposit. Drilling has further
increased the size of the high-grade core area of t he South Zone, with 18.5 g/t Au over 4.0 m
drilled in hole BA-17-42A, and significant width and grade was also encountered in the Footwall
Zone within drill hole BA-17-48, which yielded 10 g/t Au over 6.3 m. Additional drilling results
received also extended the North Zone down plunge and to the east. The Company is aggressively
completing its 2017 Resource Development Program, w ith four diamond drill rigs completing a
50,000 m program. Multiple holes are currently in t he lab awaiting completion with assays
pending.
Highlights and Observations:
• Drill holes BA-17-42A (18.5 g/t Au over 4.0 m) and BA-17-44 ( 11.9 g/t Au over 3.2 m)
in the South Zone increase and further define the size of the high-grade core area .
• Holes BA-17-42A and BA-17-48 improve the definition of the high-grade core of t he
Footwall Zone, with significant grade and width in hole BA-17-48, which intersected 10.1
g/t Au over 6.3 m .
• Holes BA-17-42 , BA-17-43B and BA-17-46 confirm the eastern continuity of the North
Zone, with BA-17-42 intersecting 9.6 g/t Au over 3.0 m. This recent drilling also extends
the North Zone down plunge to the east.
• Results from seven recent drill holes have expanded the size and demonstrate the continuity
of the North, Footwall and South Zones.
• To date, continuity of mineralization is now confir med over a total drilled strike
length on at least two horizons (Main and Footwall) of 1,200 m, as well as a drilled
depth of 1,200 m.
Dale Ginn, VP Exploration, stated, “Drill results from Gladiator continue to demonstra te
superior widths and grades in all five of our defin ed zones to date. These mineralized zones are
not only visible with sharp contacts, but are continuous and highly predictable. Stand alone high-
grade gold deposits in Canada, especially with exte nsive infrastructure and easy access, are
extremely rare and valuable and we look forward to demonstrating that Gladiator is among that
class.”
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The Company plans to mobilize two additional drills (totaling six) to the property to support the
expanding Resource Development Program at Gladiator. The upcoming winter drilling campaign
will focus on further defining the Gladiator Gold Deposit to advance the completion of an updated
NI 43-101 Mineral Resource Estimate in 2018.
Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-17-42 179.0 182.0 3.0 9.6 North Zone
BA-17-42A 269.0 271.0 2.0 5.2 Footwall Zone
556.0 560.0 4.0 18.5 South Zone
BA-17-43B 472.0 474.0 2.0 5.8 North Zone
BA-17-44 575.8 579.0 3.2 11.9 South Zone
BA-17-46 425.8 428.5 2.7 10.9 North Zone
BA-17-48 250.7 257.0 6.3 10.1 Footwall Zone
Stated lengths are core width as drilled, true widt hs vary and average between 60 and 80 percent of dr illed
widths. Core axis angles of the intersection conta cts and surrounding rock units average 55 to 70 deg rees.
Please see http://www.bonterraresources.com/en/gladiator/maps-sections for updated maps,
including long sections and cross sections.
Bonterra Resources Quick Facts:
• Well financed with $40 million raised in 2017.
• Strong Shareholder Base: Eric Sprott (10%), Van Eck Gold Fund (12%), Kirkland Lake
Gold (9.5%), Kinross (7.5%).
• Gladiator Gold Deposit:
o Deposit extension and resource expansion underway u tilizing minimum of four drill
rigs with 50,000 m to be completed in 2017; up to six rigs in 2018.
o Advancing to the completion of an updated NI 43-101 Mineral Resource Estimate in
2018, which is anticipated to include up to an addi tional 100,000 m of drilling from
2015 through 2018.
o Drilled dimensions of the Gladiator Deposit are currently outlined to a depth of 1,200
m below surface, and a strike length of 1,200 m.
o Gladiator remains open in all directions, where at least five distinct sub parallel zones
or mineralized horizons have been identified.
o Drilling currently focuses the continued expansion of Gladiator Gold Deposit, and drill
testing of the Coliseum Gold Zone to the southwest.
• Larder Lake Gold Property:
o 100% controlled 2,221-hectare in the Cadillac-Larder Break camp in Ontario (refer to
March 17, 2016 news release highlighting historical gold resource).
o Excellent access to three high grade gold deposits between Kirkland Lake and
Virginiatown.
Robert Gagnon, P.Geo., has approved the information contained in this release. Mr. Gagnon is a
director of Bonterra and is a Qualified Person as defined by NI 43-101.
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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
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Venture Exchange) accepts responsibility for the ad equacy 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 w ords "will", "anticipated", "plans" or other simila r words and
phrases are intended to identify forward-looking in formation. 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 o ther judicial, regulatory, political and competitiv e developments;
technological or operational difficulties or inabil ity to obtain permits encountered in connection wit h exploration
activities; and labour relations matters. This list is not exhaustive of the factors that may affect o ur forward-looking
information. These and other factors should be cons idered 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.