Bonterra Extends Multiple Zones at Gladiator Gold Deposit
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Vancouver, BC V6C 3L6
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Bonterra Extends Multiple Zones at Gladiator Gold Deposit
Vancouver, BC – February 6, 2018: Bonterra Resources Inc. (TSX-V: BTR, US: BONXF,
FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the ongoing resource
development program at the Glad iator Gold Deposit has extended the North, Footwall and Main
Zones by 200 m down plunge to the east. High-grade intersection s identified in step-out drilling
east of the known mineralization demonstrates the potential for further expansion of the Gladiator
Deposit, which remains open in all directions.
Bonterra continues to advance the development of the Gladiator Gold Deposit through definition
drilling across all mineralized horizons. Follow up on previous step-out drilling has led to
significant results at multiple zones, including 26.7 g/t Au over 3.1 m at the North Zone and 15.8
g/t Au over 3.3 m at the Main Zone.
Dale Ginn, VP Exploration, stated , “Bonterra once again delivers strong results from its
resource development program at the Gladiator Gold Deposit. To that eff ect, we currently have
four drills at the deposit to continue with step-out and definition dr illing. Recent drill results
highlight both the predictability of the minera lized zones and the potential for further expansion
of high grade ore shoots at depth. The current st ep-out drilling demonstrates the potential to
expand the Gladiator Deposit, which remains open in all directions.”
Highlights and Observations:
Hole BA-17-53B extends the North, Footwall and Main Zones by 200 m down-plunge to
the east with 6.2 g/t Au over 1.9 m, 4.8 g/t Au over 3.5 m and 4.9 g/t Au over 1.8 m.
Hole BA-17-45B intersected the Main and South Zones 650 m below surface with 15.8 g/t
Au over 3.3 m adding further definition to the high-grade core of the Main Zone.
Hole BA-17-46 intersected the North Zone with 26.7 g/t Au over 3.1 m and the Main Zone
with 8.8 g/t Au over 3 m, demonstrating the continuity of these zones.
Results from six recent drill holes expand the size and demonst rate the continuity of the
North, Footwall, Main and South Zones.
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.
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Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-17-45B 783.0 786.3 3.3 15.8 Main Zone
909.0 912.0 3.0 4.3 South Zone
BA-17-46 425.8 428.5 2.7 12.4 North Zone
450.9 454.0 3.1 26.7 North Zone
660.5 663.5 3.0 8.8 Main Zone
BA-17-48 250.7 257.0 6.3 10.1 Footwall Zone
266.9 268.9 2.0 4.6 Main Zone
BA-17-49B 602.0 604.0 2.0 4.9 Main
765.0 767.0 2.0 4.7 South
BA-17-50 501.6 503.0 1.4 6.6 Main Zone
BA-17-53B 651.0 652.9 1.9 6.2 North Zone
884.5 888.0 3.5 4.8 Footwall Zone
930.2 932.0 1.8 4.9 Main 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 $40 million raised in 2017.
Strong Shareholder Base: Eric Sprott (10%), Van Eck Gold Fund (12%), Kirkland Lake
Gold (9.5%).
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
second half of 2018, which is anticipated to include up to an a dditional 100,000 m of
drilling from 2012 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 subparallel zones
or mineralized horizons have been identified.
o Drilling currently focused the extension and definition of the Gladiator Gold Deposit
and exploration targets within the 10,541hectare Urban-Barry property.
Larder Lake Gold Property:
o 100% controlled 2,221hectare 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.
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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
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;
technological or operational difficulties or inability to obtain permits encountered in connection with exploration
activities; and labour relations matters. This list is not exhau stive 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.