Bonterra Intersects 30.5 g/t Gold over 2.0 m and Expands on High Grade Zones at Gladiator Gold Deposit
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Bonterra Intersects 30.5 g/t Gold over 2.0 m and
Expands on High Grade Zones at Gladiator Gold Deposit
Vancouver, BC – July 11, 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 Pr ogram at the Gladiator Gold Deposit, including an
intersection of 30.5 g/t Au over 2.0 m , increasing the down plunge size of the South Zone high-
grade extent, and demonstrating continuity of mineralization.
Highlights and Observations:
Infill and extension drill results continue to demonstrate the continuity of the deposit,
highlighting the predictability of the mineralized zones.
Hole BA-18-43 extends the North Zone in the east side of the de posit with 11.4 g/t Au
over 1.0 m. BA-18-43 was drilled as a follow up to BA-18-36, which inters ected 8.4 g/t
Au over 3.0 m (see news release dated June 13, 2018). These intersections exp and the
North Zone 150 m east at approximately 500 m below surface.
Hole BA-18-40, intersected the North Zone in the West end Rivage area, extende d the
depth of known mineralization to 300 m below surface with 6.3 g/t Au over 1.0 m.
BA-18-41 intersected the Footwall Zone with 10.3 g/t Au over 2.1 m, extending the high-
grade shoot down plunge further to the east.
BA-18-42 expanded a high-grade shoot in the Footwall Zone eastward with 18.7 g/t Au
over 2.0 m, increasing definition of the zone at 300 m depth.
Infill hole BA-18-39 intersected both the Main Zone with 19.8 g/t Au over 1.5 m and the
South Zone with 30.5 g/t Au with 2.0 m. These intersections increase the overall size of
the mineralized zones and increase the confidence of the high-grade shoots between 350 m
and 400 m below surface.
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.
“The resource development program continues to be extremely successful in terms of the extension
of mineralized zones and in terms of demonstr ating high grades throughout . Most significantly
however is how well we have shown continuity down dip and along strike for all five of the primary
zones to date. High grades that were encountered on both the west side of the deposit and the down
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plunge of the east side are obviously si gnificant to the de posit as a whole,” commented Nav
Dhaliwal, President and CEO of Bonterra.
Positive drilling results in both the Rivage area and eastern part of the deposit continue to increase
the dimensions of known mineralization. The resource developmen t program continues with five
drills at the deposit focused on infill and step-out drilling i n preparation for the updated mineral
resource estimate in Q4 2018.
Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-18-39 480.5 482.0 1.5 19.8 Main Zone
555.0 557.0 2.0 30.5 South Zone
BA-18-39 579.0 583.0 4.0 4.2 Barbeau Zone
BA-18-40 422.0 423.0 1.0 6.3 North Zone
BA-18-41 558.2 560.0 1.8 7.1 North Zone
582.9 585.0 2.1 10.3 Footwall Zone
BA-18-42 332.9 334.9 2.0 18.7 Footwall Zone
538.1 539.1 1.0 5.7 Barbeau Zone
BA-18-43 431.0 432.0 1.0 11.4 North 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://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.
o Advancing to the completion of an updated NI 43-101 Mineral Res ource Estimate in
the Q4 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 1,300 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.
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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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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
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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
information. These and other factors should be considered carefully, and readers should not place undue reliance on
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information, whether as a result of new information, future events or otherwise.