Bonterra Begins Processing Material at its Bachelor Mill for its Bulk Sample and Provides Update on its Drill Program
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Begins Processing Material at its Bachelor Mill for its Bulk Sample
and Provides Update on its Drill Program
Val-d’Or, QC – September 15, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX:
BONXF, FSE: 9BR2 ) (the “ Company” or “ Bonterra”) is pleased to announce it has started
processing material at the Bachelor Mill.
In July 2020, the Company resumed mining of its 10,000 tonne bulk sample at the Moroy Project.
The Moroy project is 900 metres south of the old Bachelor Mine, and the Company uses the
underground infrastructure of the Bachelor Mine to access the M oroy Project. In August 2020,
the Company emptied the old material inventory in the underground muck handling circuit to make
room for the material coming from the bulk sample at Moroy. The old material was stockpiled in
the silos, and on the ore pad on surface. On September 8, 2020 , Bonterra began to process the
material stored on surface from the old Bachelor Mine and will continue to process the old material
until September 21, 2020.
On September 29, 2020, the Company plans to start processing the material from the bulk sample
at Moroy and expects to complete the bulk sample around the end of October 2020. An
independent consulting engineeri ng firm is supervising the proc essing of the bulk sample at the
Bachelor Mill. The consulting firm will produce a report after the bulk sample is completed. The
company will publish the report once available, and it will be incorporated into an eventual
preliminary economic assessment.
The bulk sample program at the Moroy project is being undertake n in order to verify the grade
continuity within the mineralized structure and reconcile the r esource grade to the recovered
ounces following processing. The b ulk sample is focused on the M1 shear zone on level 11,440
metres (“m”) below surface. The M1 structure is sub-vertical and the company plans to extract it
via a sub-level long-hole stoping method at 15 m intervals.
Exploration update
In July 2020, the Company announced the beginning of a 56,000 m drill campaign. The Company
ramped up the campaign during July and August 2020, and now has seven diamond drill rigs fully
staffed active on the projects. There are now six drill rigs between the Moroy, Barry, and Gladiator
projects. The seventh drill rig is targeting potential sectors in the Desmaraisville camp just outside
the Bachelor/Moroy area. The C ompany will add an eighth drill rig on regional targets in the
Urban-Barry camp before the end of September 2020.
Pascal Hamelin, Interim CEO and VP, Operations commented: “I’m very happy to see that we
have safely ramped up the rigs from zero to seven rigs in 6 weeks. With the selective assaying of
the material from the bulk sample expected to be completed by t he end of this month, we will be
able to switch our assay lab’s focus to our cut drill core assa y backlog and release those results
when available.”
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Qualified Person
Francis Lefebvre, P.Geo and Assist ant manager for the Company s upervises all the activities on
the Moroy project. Mr. Lefebvre is a Qualified Person as defined by National Instrument 43-101
– Standards of Disclosur e for Mineral Projects (“ NI-43-101”). Pascal Hamelin, P.Eng., has
approved the information contained in this release. Mr. Hamelin is a Qualified Person as defined
by NI-43-101.
Upcoming Events
Gold Forums America, Virtual Conference - September 20 - 23, 2020
Presentation Webcast: September 20, 2020 at 1:50 pm EST
Registration link: https://www.denvergold.org/investor-qualification/
Webinar - September 24, 2020 at 11:00 am EST hosted by Adelaide Capita l. Registration link:
https://us02web.zoom.us/webinar/register/WN_laVZ3mNXQE6Hy_9uKA9aDA
FOR ADDITIONAL INFORMATION:
Pascal Hamelin, Interim CEO and VP Operations
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 development 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.