Bonterra Extends Gladiator Gold Deposit Further Westward 17.8 g/t Au Intersected over 3.0 Meters
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Bonterra Extends Gladiator Gold Deposit Further Westward
17.8 g/t Au Intersected over 3.0 Meters
Vancouver, BC – April 3, 2018: Bonterra Resources Inc. (TSX -V: BTR, OTCQX: BONXF,
FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the latest results from the
ongoing winter drilling campaign at the Gladiator Gold Deposit, including an intersection of 17.8
g/t Au over 3.0 m. High-grade intersections extend multiple zones westward, adding strike length
at the Rivage Gap and continue to demonstrate the continuity of the deposit, highlighting the
predictability of the mineralized zones. The ongoing drilling campaign, totaling 70,000 m in 2018,
includes infill and definition drilling at the Gladiator Gold Deposit. Multiple drill holes are in the
lab with assays pending.
Highlights and Observations:
Results from four recent drill holes demonstrate the continuity of the Gladiator Gold
Deposit. The four drill holes were drilled on the ice and focused on the western side of the
deposit. Two holes, BA-18-07 and BA-18-08, extend the near-surface strike length of
multiple zones westward at the Rivage Gap, an area with minimal drilling.
Hole BA-18-05 intersected 9.3 g/t Au over 3.1 m at the North Zone, 4.2 g/t Au over 1.5
m at the Footwall Zone, 6.9 g/t Au over 1.3 m at the Main Zone and 3.5 g/t Au over 1.2
m at the Barbeau Zone. Multiple intersections in BA-18-05 confirm the continuous nature
of the modelled mineralized zones.
Hole BA-18-06 intersected 6.1 g/t Au over 2.5 m at 350 m depth the South Zone. and 4.7
g/t Au over 2.0 m at 200 m depth in the North Zone.
Holes BA-18-07 and BA-18-08 added near-surface strike length to the North and South
zones at the Rivage Gap. BA-18-07 intersected the North Zone wi th 8.8 g/t Au over 1.3
and the South Zone at 5.8 g/t Au over 1.2 m. BA-18-08 intersected 17.8 g/t Au over 3.0
m at the South Zone.
To date, continuity of mineralization is now confirmed over a total drilled strike length on
at least four horizons (North, Footwall, Main and South) of 1,2 00 m, as well as a drilled
depth of 1,000+ m.
Hole BA-18-07 intersected the North Zone near surface with 8.8 g/t over 1.3 m and the South
Zone at 230 m depth with 5.8 g/t Au over 1.2 m . BA-18-07 is the most western hole drilled in
2018 at the Gladiator Gold Deposit so far, with anomalous gold intersected across all mineralized
horizons. Results from BA-18-07 extend multiple mineralized zones to the west, adding over 100
m of strike length near surface.
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BA-18-08 intersected 17.8 g/t Au over 3.0 m at the South Zone at 250 m depth. This intersection
occurs in an area with minimal d rilling and confirms the contin uity of the South Zone on the
western side of the Gladiator Deposit.
The seven-drill, 30,000 m winter drilling campaign, is part of the ongoing resource development
program at the Gladiator Gold Deposit. Bonterra continues to ad vance the development of the
Gladiator Gold Deposit through definition drilling across all mineralized horizons.
Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-18-05 655.5 658.6 3.1 9.3 North Zone
BA-18-05 777.7 779.2 1.5 4.2 Footwall Zone
BA-18-05 787.0 788.3 1.3 6.9 Main Zone
BA-18-05 1017.3 1018.5 1.2 3.5 Barbeau Zone
BA-18-06 257.0 259.0 2.0 4.7 North Zone
BA-18-06 575.0 577.5 2.5 6.1 South Zone
BA-18-07 12.7 14.0 1.3 8.8 North Zone
BA-18-07 115.0 116.0 1.0 3.0 Main Zone
BA-18-07 299.0 300.2 1.2 5.8 South Zone
BA-18-08 309.0 312.0 3.0 17.8 South Zone
*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.
Please see http://www.bonterraresources.com/en/gladiator/maps-s ections for updated maps
including long sections and cross sections.
Bonterra Resources Quick Facts:
Well financed with approximately $60 million raised in past 12 months.
Strong Shareholder Base including: Eric Sprott, Van Eck, Kirkland Lake Gold
Gladiator Gold Deposit:
o Deposit extension and resource expansion underway with 60,000 m completed in 2017
and 70,000 m planned for 2018.
o Advancing to the completion of an updated NI 43-101 Mineral Res ource Estimate in
the second half of 2018.
o Drilled dimensions of the Gladiator Gold Deposit are currently outlined to a depth of
1,000 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 is currently focused on the continued expansion of Gla diator Gold Deposit
and exploration targets within the 10,541-hectare Urban-Barry property.
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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 Kirk land Lake and
Virginiatown.
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
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