Bonterra Intersects 44.9 g/t over 3.0 m and Extends Mineralization in Multiple Zones at the Gladiator Gold Deposit
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Bonterra Intersects 44.9 g/t over 3.0 m and Extends Mineralization in
Multiple Zones at the Gladiator Gold Deposit
Vancouver, BC – June 13, 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. The drill results
included an intersection of 44.9 g/t Au over 3.0 m, which extended a high-grade ore shoot of the
Footwall Zone up-plunge to the west in the Rivage Gap area.
Highlights and Observations:
Infill drill results continue to demonstrate the continuity of the deposit, highlighting
the predictability of the mineralized zones.
Hole BA-18-34 intersected the Footwall Zone with 44.9 g/t Au over 3.0 m , extending a
high-grade ore shoot to the west, up-plunge in the Rivage Gap area.
Hole BA-18-36 extended the North Zone by ~150 m to the east, down-plunge of a defined
ore shoot with 8.4 g/t Au over 3.0 m.
Infill holes BA-18-27A, BA-18-30 and BA-18-31 intersected the Main Zone between 300
to 500 m below surface, demonstrating the continuity of mineral ization with 24.3 g/t Au
over 5.0 m in BA-18-30 and 9.6 g/t Au over 3.5 m in BA-18-31.
Hole BA-18-28 intersected the Nort h Zone in the Rivage area, ex tending the zone down-
plunge in the western part of the deposit, with 5.3 g/t Au over 1.3 m.
Holes BA-18-27A and BA-18-30 intersected the North Zone adding definition between
300 to 400 m depth with 7.2 g/t Au over 2.0 m in BA-18-27A.
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. The high grades encountered on the west side of the deposit and the down plunge
of the east side announced toda y are of obvious significance to the deposit as a whole,”
commented Nav Dhaliwal, President and CEO of Bonterra.
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Results from the winter drilling campaign at the Gladiator Gold Deposit successfully extended the
deposit both west and east. The drilling program opened multiple zones for further expansion from
surface to depth. Recent drilling in the west side of the deposit extended the North Zone and now
totals a strike length of approximately 1,300 m.
Bonterra continues with the aggressive resource development pro gram with five drills at the
deposit focused on infill and step -out drilling in preparation for the updated mineral resource
estimate in the second half of 2018.
Hole From
(m)
To
(m)
Length*
(m)
Grade
(g/t Au)
Zone/Area
BA-18-27A 406.0 408.0 2.0 7.2 North
614.0 617.0 3.0 4.6 Main
BA-18-28 355.7 357.0 1.3 5.3 North
BA-18-30 441.5 442.6 1.1 5.3 North
708.0 713.0 5.0 24.3 Main
BA-18-31 677.0 680.5 3.5 9.6 Main
BA-18-34 337.0 340.0 3.0 44.9 Footwall
BA-18-35 467.8 469.0 1.2 4.3 South
BA-18-36 510.0 513.0 3.0 8.4 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.
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 1,300 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.
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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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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.