Bonterra Resources Provides Corporate Update
Bonterra Resources Provides Corporate
Update
Val-d'Or, Quebec--(Newsfile Corp. - June 5, 2023) -
Bonterra Resources Inc. (TSXV: BTR) (OTCQX:
BONXF) (FSE: 9BR2)
("
Bonterra
" or the "
Company
") provides the following update on the forest fires
in the Abitibi, and Eeyou Istchee James Bay, where the Company's projects and infrastructures are
located. With the wildfires that are active in a large part of Quebec, particularly near the city of Lebel-sur-
Quévillon, the Ministère des Ressources naturelles et des Forêts (MRNF) has modified the ban of forest
access on Crown land and closure of roads. Following that directive, Bonterra has stopped its
exploration activities and evacuated safely all personnel.
Marc-André Pelletier, President and CEO commented: "The forest fire situation is exceptional and
Bonterra remains on the lookout for any development. The Barry and Gladiator camps and the Bachelor
Mill Complex are not currently in danger, but we continue to monitor the situation with the authorities. We
sincerely hope the situation will improve over the week."
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets
anchored by a central milling facility in Quebec, Canada. The Company has four main assets, Gladiator,
Barry, Moroy, and Bachelor that collectively have a total of 1.24 million ounces in Measured and
Indicated categories, and 1.78 million ounces in Inferred category.
Importantly, the Company owns the
only permitted and operational gold mill in the region.
Bonterra is focused on graduating from advanced
exploration to a development company to deliver shareholder value.
FOR ADDITIONAL INFORMATION
Marc-André Pelletier, President & CEO
2872 Sullivan Road, Suite 2, Val d'Or, Quebec J9P 0B9
819-279-9304 | 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 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 and placing the
Bachelor-Moroy deposit under long-term care and maintenance. The words "will", "anticipated", "plans"
or other similar words and phrases are intended to identify forward-looking information. This forward-
looking information includes namely information with respect to the planned exploration programs and
the potential growth in mineral resources. Exploration results that include drill results on wide spacings
may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance
that further work will establish sufficient grade, continuity, metallurgical characteristics, and economic
potential to be classed as a category of mineral resource. The potential quantities and grades of drilling
targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource,
and it is uncertain if further exploration will result in the targets being delineated as mineral resources.
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,
environmental and other judicial, regulatory, political, and competitive developments; technological or
operational difficulties or inability to obtain 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, and readers should not place undue
reliance on such forward-looking information.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/168777