Bonterra Files NI 43-101 Technical Report for the Barry and Gladiator Deposits
Bonterra Files NI 43-101 Technical Report for
the Barry and Gladiator Deposits
Val-d'Or, Quebec--(Newsfile Corp. - April 9, 2026) -
Bonterra Resources Inc. (TSXV: BTR) (OTCQX:
BONXF) (FSE: 9BR2)
("
Bonterra
" or the "
Company
") is pleased to announce that it has filed the NI
43-101 technical report (the "
Report
") supporting the Mineral Resource Estimates for the Barry and
Gladiator deposits.
The Report is titled "Updated Mineral Resource Estimate and Technical Report on the Barry and
Gladiator Gold Properties, Phoenix Joint Venture Project, Northern Québec, Canada." The Report was
prepared by Antoine Yassa, P. Geo, OGQ, of P&E Mining Consultants Inc. (
"P&E"
) based in Brampton,
Ontario, Canada. The Report was independently prepared by P&E on behalf of the Company in
accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("
NI 43-101
")
and is effective as of February 18, 2026.
The Report is available on the Company's website at
www.btrgold.com
and on SEDAR+
(
www.sedarplus.ca
) under the Company's Issuer profile.
Qualified Person
M. Donald Trudel, P. Geo. (OGQ # 813), Director of Geology for the Company, has reviewed and
approved the technical information contained in this press release. Mr. Trudel is a Qualified Person as
defined by National Instrument 43-101 on standards of disclosure for mineral projects.
ABOUT P&E MINING CONSULTANTS INC.
P&E, established in 2004, provides geological and mine engineering consulting reports, Mineral
Resources Estimate technical reports, Preliminary Economic Assessments and Pre-Feasibility Studies.
In addition, we are affiliated with major consulting firms for the purposes of joint venturing on Feasibility
Studies. Our experience covers over 480 technical reports on diamonds, most metallic deposits
including gold, silver, base metals, PGM and iron for both open pit and underground deposits. Software
packages utilized include Gemcom, Leapfrog, Whittle, NPV Scheduler, Vulcan, Ventsim, AutoCAD and
Deswik. P&E's 22 associates have experience in geological interpretation, 3D geological modelling,
technical report writing, Mineral Resources and Mineral Reserves Estimates, property evaluations, mine
design, production scheduling, operating and capital cost estimates, and metallurgical engineering.
ABOUT BONTERRA
Bonterra is a Canadian gold exploration company with a portfolio of advanced exploration assets
anchored by a central milling facility in Québec, Canada. The Company's assets include the Gladiator,
Barry
(1)
, Moroy, and Bachelor
(2)
,
gold deposits, which collectively hold 16.8 million tonnes ("
Mt
") at an
average grade of 3.02 g/t Au for 1.63 million ounces ("
Moz
") of Measured and Indicated Mineral
Resources, plus 15.6 Mt at an average grade of 4.32 g/t Au for 2.17 Moz Au of Inferred Mineral
Resources.
In November 2023, the Company entered into an earn-in and joint venture agreement with Osisko Mining
Inc. ("
Osisko Mining
") for the Urban-Barry properties (the "
JV Agreement
"), which include the
Gladiator and Barry deposits. In October 2024, Gold Fields Ltd, through a wholly owned Canadian
subsidiary, completed the acquisition of Osisko Mining for C$2.16 billion. Gold Fields is now the
counterparty to the JV Agreement and can continue to earn a 70% interest in the joint venture by
incurring C$30 million in work expenditures on or before November 2026 (including expenditures
incurred by Osisko Mining prior to October 2024). This strategic transaction highlights Bonterra's
dedication to advancing its exploration assets, marking a significant step towards development.
(1)
See our press release from February 23, 2026, titled "Bonterra Reports Significant Mineral Resources Growth at Barry and Gladiator Deposits"
for further details.
(2)
See our press release from April 1, 2026, titled "Bonterra Reports Significant Mineral Resource Growth at Bachelor and Moroy, 100% owned
Deposits and Provides Corporate Updates" for further details.
FOR ADDITIONAL INFORMATION
Marc-André Pelletier, President & CEO
2872 Sullivan Road, Suite 2, Val d'Or, Québec J9P 0B9
819-825-8678 | Website:
www.btrgold.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.
Caution regarding forward-looking statements
This news release contains forward-looking statements within the meaning of applicable securities laws.
All statements other than statements of historical fact may be forward-looking and are often identified by
words such as "may", "will", "plan", "expect", "anticipate", "estimate", and "intend". Forward-looking
statements in this release include, without limitation, planned drilling activities at Bachelor and Moroy,
deep-drilling objectives at the Barry deposit, and Gold Fields' ability to complete the remaining earn-in
expenditures under the JV Agreement.
These statements are based on assumptions considered reasonable by management, including
assumptions regarding exploration plans, budgets, schedules, regulatory approvals, and the continued
advancement of work by Gold Fields. However, forward-looking statements involve known and unknown
risks, uncertainties, and other factors that may cause actual results to differ materially. Such risks
include, but are not limited to, changes to exploration plans, results that differ from expectations,
operational or permitting challenges, the ability of the parties to complete the Joint Venture, the timing
and completion of earn-in expenditures, the speculative nature of mineral exploration, commodity price
fluctuations, and the availability of financing. Additional information regarding risks can be found in the
Company's filings at
www.sedarplus.ca
.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company does
not undertake to update any forward-looking statement except as required by applicable securities laws.
All forward-looking statements in this release are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/291713