Bonterra Further Increases the Width and Strike Length of the Gladiator Gold Deposit; 9.4 m of 8.2 g/t Au Intersected in the Main Zone
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Vancouver, BC V6C 3L6
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www.BonterraResources.com
Bonterra Further Increases the Width and Strike Length of the Gladiator
Gold Deposit; 9.4 m of 8.2 g/t Au Intersected in the Main Zone
Vancouver, BC – November 9, 2017 : Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1)
(the “Company” or “Bonterra”) is pleased to announce that the ongoing Resource Development Program
in and around the Gladiator Gold Deposit has succes sfully increased the width of the Main Zone and
extended the strike length of multiple gold-bearing horizons . The results from the current drilling
campaign continue to expand the size and further co nfirm the continuity of the Gladiator Gold Deposit.
Noting the aggressive drill program at Gladiator, a ssays from multiple drill holes are pending in lab, and
the Company anticipates additional drill results in the near future.
Highlights and Observations:
• Results from six (6) recent drill holes have increased the width of the Main Zone and have extended
the strike length of the Footwall and North Zones.
• Hole BA-17-38 extends the North Zone down plunge to 700 m below surface with 4.0 m of 7.3 g/t
Au including 24.8 g/t over 1.0 m.
• Hole BA-17-38 increases width and grade down plunge in the Main Zone with 9.4 m of 8.2 g/t Au
at 800 m depth.
• Hole BA-17-37 confirms the eastern continuity of the South Zone with 1.5 m of 17.6 g/t Au at 500
m depth.
• Hole BA-17-39B extends the Footwall Zone to the east below surface with 5.0 m of 11.5 g/t Au at
500 m below surface.
• To date, continuity of mineralization is now confirmed 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.
Please see http://www.bonterraresources.com/en/gladiator/maps-sections for updated maps including long
sections and cross sections.
Nav Dhaliwal, CEO and President, stated, “We continue to establish the Gladiator Gold Deposi t as a
very large gold system, with multiple parallel gold horizons that continue to be expanded along strike and
also appear to show signs of increased width, as shown in hole BA-17-38, where 8.2 g/t Au over 9.4 m was
intersected. Since 2011, approximately 88,500 m of drilling has been completed at the Gladiator Gold
Deposit, which includes over 40,000 m so far in 201 7. As we approach our winter drill program, we are
looking to expand up to six drill rigs to ensure we continue our expansive resource development program.
Because of our continued drilling success over the last two years at Gladiator, we have a high level o f
confidence that in 2018, we will be in a position t o significantly upgrade the size of the geological model
and complete a sizable mineral resource update.”
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Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-17-33 791.0 792.0 1.0 13.9 Main Zone
BA-17-35 1,272.0 1,273.0 1.0 6.4 North Zone
BA-17-36 551.0 553.0 2.0 14.0 Footwall Zone
658.0 660.0 2.0 11.2 South Zone
BA-17-37 644.5 646.0 1.5 17.6 South Zone
BA-17-38 706.0 710.0 4.0 7.3 North Zone
862.6 872.0 9.4 8.2 Main Zone
BA-17-39B 639.0 641.0 2.0 10.4 Main Zone
474.0 479.0 5.0 11.5 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 contacts and s urrounding rock units average 55 to 70 degrees.
Bonterra Resources Quick Facts:
• Well financed with $40 million raised in 2017.
• Gladiator Gold Deposit:
o Deposit extension and resource expansion underway utilizing minimum of four drill rigs with
50,000 m planned in 2017;
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 with drill ing currently focused on the Rivage Gap
western side, new north and south veins infill and exploration in and around the Coliseum
Gold Zone;
o At least five distinct subparallel zones or mineralized horizons have been identified.
• Larder Lake Gold Property:
o 100% controlled 2,221-hectare in the Cadillac-Larde r 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 direct or
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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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 expectat ions, estimates, forecasts and projections.
This forward-looking information includes, among ot her things, statements with respect to Bonterra’s e xploration and development plans. The
words "will", "anticipated", "plans" or other simil ar words and phrases are intended to identify forwa rd-looking information. Forward-looking
information is subject to known and unknown risks, uncertainties and other factors that may cause Bont erra’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, regulatory,
political and competitive developments; technologic al or operational difficulties or inability to obta in permits encountered in connection with
exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These
and other factors should be considered carefully an d readers should not place undue reliance on such f orward-looking information. Bonterra
disclaims any intention or obligation to update or revise forward-looking information, whether as a re sult of new information, future events or
otherwise.