Bonterra Announces Permitting Process for Bachelor Mill
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Announces Permitting Process for Bachelor Mill
Expansion is Two-Thirds Complete
Val-d’Or, QC – March 8, 2021 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2) (“Bonterra” or the “ Company”) is pleased to announce an update regarding the
ongoing permitting process to expand the 100% owned Bachelor Mi ll from 800 to 2,400 tonnes-
per-day (“tpd”). As a result of the Company’s exploration success, Bonterra’s management began
the process of seeking permits to expand the Bachelor Mill in 2018. Consequently, the Company
estimates that the permitting process for the Bachelor Mill expansion is two-thirds complete.
Highlights:
The Ministry of Energy and Natural Resources (“MENR”) has approved the tailings
storage facility (“TSF”) expansion location, which brings Bonterra one step closer to
its goal of expanding the Bachelor Mill.
Bonterra submitted an Environmental Impact Study in 2019 and entered the question
& answer period (“Q&A”) in the spring of 2020. The Company is currently in the
process of providing the Environmental and Social Impact Review Committee with
additional information.
Once the Q&A is completed, the Company will seek a Certificate of Authorization
allowing both the TSF expansion and the mill to be operated at 2,400 tpd.
In addition, the MENR has approved the Gladiator closure plan. T h e B a r r y a n d
Bachelor closure plans are curren tly being reviewed by the MERN . Approval of
closure plans is a key step in the permitting process to begin mining at each project.
Pascal Hamelin, CEO commented: “The permitting process to expan d the Bachelor Mill is
progressing well. Based on feedback received thus far, we believe that the mill should be permitted
for expansion concurrent with the development of Moroy, Bachelor and Barry for a potential hub-
and-spoke restart. To that end, the Environmental and Social I mpact Evaluating Committee is
currently reviewing the Certificate of Exemption application for an underground ramp at Gladiator.
It is important to remind investors that the 100% owned Bachelor Mill is currently operational at
a rate of 800 tpd and it is connected to the Quebec hydroelectric power grid.”
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Figure 1 – Photo of the 100% Owned Bachelor Mill Configured for 800 tonnes-per-day
About Environmental and Social Impact Review Committee
The Environmental and Social Imp act Review Committee (“Review C ommittee” or “COMEX”)
is an independent body composed of members appointed by the gov ernments of Québec and the
Cree Nation, which is responsible for the assessment and review of the social and environmental
impacts of projects Located south of the 55th parallel in the t erritory governed by the James Bay
and Northern Quebec Agreement (JBNQA).
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large po rtfolio of advanced exploration
assets anchored by a central milling facility in Quebec, Canada . The Company has three main
assets, Gladiator, Barry, and Moroy, that collectively have a t otal of 698 thousand ounces in
measured & indicated categories, and 1.4 million ounces in infe rred category. Approximately
130,000 metres of drilling will be used to update this resource shortly. Importantly, the Company
owns the only permitted and operational gold mill in the region that is currently two-thirds the way
through the permitting process to expand from 800 to 2,400 tpd. Bonterra is focused on graduating
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from advanced exploration to a development company over the nex t 18-months to deliver
shareholder value.
FOR ADDITIONAL INFORMATION
Pascal Hamelin, President & CEO
2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8678 | 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.
Cautionary and 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 develo pment plans. The words “will”, “anticipated”, “plans” or other similar words and
phrases are intended to identify forward-looking information. T his forward-looking information includes namely,
information with respect to the planned exploration programs an d 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 clas sed 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, perform ance 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 market s, environmental and other judicial, regulatory,
political and competitive developments; technological or operat ional difficulties or inability to obtain permits
encountered in connection with exploration activities; and labo ur 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.