Bonterra Further Extends the Gladiator Gold Deposit to the West Intersects 34.3 g/t Au over 2.8 m in the North Zone
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Bonterra Further Extends the Gladiator Gold Deposit to the West
Intersects 34.3 g/t Au over 2.8 m in the North Zone
Vancouver, BC – June 4, 2018: Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE:
9BR1) (the “Company” or “Bonterra”) is pleased to announce the latest drilling results from
the ongoing resource development program at the Gladiator Gold Deposit, including an
intersection of 34.3 g/t Au over 2.8 m, which further extended the South Zone to the west by
approximately 50 m. Positive assay results from ten recent dril l holes have extended the known
dimensions of the mineralization in multiple zones westward and to surface at the Rivage Gap
area.
“Our winter drill campaign has been completed and was successful in expanding and defining the
Gladiator Gold Deposit. We are now excited to commence our spring and summer drill program,
which will focus on further definition of the deposit for the upcoming resource update in the latter
part of 2018, but to also test regional priority targets to the south west and north east,”
commented Nav Dhaliwal, President and CEO of Bonterra.
Highlights and Observations:
Hole BA-18-25 intersected 34.3 g/t Au over 2.8 m at the North Zone, extending the deposit
westward by approximately 50 m in the Rivage area.
Infill drill holes BA-18-14 and BA-18-22A confirm continuity of the South Zone at depth
and the extend the South Zone under plunge with 19.8 g/t Au over 1.2 m in BA-18-22A.
Hole BA-18-15 extends the Main Zone to surface at the Rivage Gap with 13.9 g/t Au over
2.0 m.
Hole BA-18-19 extends the Footwall down plunge with 13.4 g/t Au over 1.0 m at 550 m
below surface.
Hole BA-18-20 extends North Zone to surface at the Rivage Gap a rea with 14.2 g/t Au
over 1.0 m.
Infill drill results continue to demonstrate the continuity of the deposit, highlighting the
predictability of the mineralized 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 over 1,000 m.
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Winter Drilling Completed – Spring/Summer Drill Program Initiated
Bonterra has completed the winter drilling campaign, which was focused on step-out and definition
drilling at the deposit. The campaign successfully extended the deposit westward, opening multiple
zones for further expansion from surface to depth. Multiple dri ll holes from the winter drilling
campaign are in the lab with assays pending.
The 2018 resource development program, comprised of 70,000 m of drilling at the Gladiator Gold
Project continues with five activ e drills, four focused on the definition and expansion of the
Gladiator Gold Deposit, and one drill focused on exploration ta rgets west of the deposit. The
Company is currently mobilizing a sixth drill to the St. Cyr Gold Prospect to follow up on drilling
that was completed as part of the winter drilling campaign.
Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-18-14 600.0 602.0 2.0 10.2 Main
733.6 734.6 1.0 6.4 South
BA-18-15 116.0 118.0 2.0 13.9 Main
BA-18-17 67.4 68.5 1.1 5.5 North
141.4 144.3 2.9 8.0 Footwall
147.0 148.0 1.0 4.6 Footwall
BA-18-18 61.0 62.3 1.3 4.0 North
BA-18-19 679.0 680.0 1.0 13.4 Footwall
BA-18-20 68.0 69.0 1.0 14.2 North
203.0 204.0 1.0 7.3 Footwall
BA-18-22A 274.7 275.8 1.1 4.5 North
637.8 639.0 1.2 19.8 South
BA-18-23 406.0 408.0 2.0 4.6 South
BA-18-24 308.0 308.6 0.6 16.3 Footwall
353.5 355.0 1.5 5.1 Footwall
BA-18-25 274.2 277.0 2.8 34.3 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.
Please see http://bonterraresources.com/projects/gladiator-project/maps-sections/ for updated
maps including long sections and cross sections.
Bonterra Resources Quick Facts:
Well financed with approximately $65 million raised since 2017.
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.
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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
over 1,000 m below surface, and a strike length of 1,200 m.
o Gladiator remains open in all directions, where at least six di stinct 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.
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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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
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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
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