Bonterra Discovers New Gold Zone Near Surface within
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Discovers New Gold Zone Near Surface within
Two Kilometres of the Bachelor Mill
Val-d’Or, QC – March 22, 2021 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce the discovery of a new near
surface zone of gold mineralization found within the Company’s Bachelor-Desmaraisville land
package. Drilling encountered a broad zone of mineralization t hat is located close to surface and
within two kilometres of the Company’s 100% owned Bachelor Mill. The newly discovered zone
of mineralization is proximal to the syenite intrusion shown in Figure 2. Results to date indicate
that the mineralized zone is open in all directions. The Company plans to mobilize a drill crew as
soon as possible to begin follow-up work.
Highlights:
24.85 metres (“m”) of 1.4 grams-per-tonne gold (“g/t Au”); including 4.25 m of 3.6 g/t Au
(EB20-008);
18.3 m of 0.9 g/t Au; including 10.5 m of 1.3 g/t Au (EB21-021); and
Both results occur within 50 m of surface and the mineralization is open in all directions.
Pascal Hamelin, CEO commented: “This newly discovered near-surf ace mineralized target is
extremely exciting for Bonterra. The new gold target has the potential to rapidly grow due to the
widths and ease in which short holes from surface can be used to define the target boundaries. To
find something this close to the Bachelor mill demonstrates the untapped potential of this mining
camp. We continue to believe this camp is largely underexplore d and that there will be several
new discoveries in the region in the near future. In addition, the discovery’s proximity to our
existing mill infrastructure is also important as it lowers the hurdle to becoming a potential source
of mill feed. As a result of this success, we plan on mobilizing a drill crew as soon as possible to
do immediate follow-up work on near-surface targets.”
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Figure 1: Bachelor-Desmaraisville Regional Magnetic Target Map with Highlighted New
Discovery
Figure 2: Local Magnetic Map Highlighting New Discovery Near the Bachelor Mill Proximal
to the O’Brien Syenite Intrusion
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Table 1: Exploration Drilling Results
Hole ID From (m) To (m) Length (m) Grade (g/t Au) Target
EB20-001 Anomalous values Dee r
EB20-002 Anomalous values Dee r
EB20-003 No significant values Dee r
EB20-004 36.24 37.16 0.92 1.1 O'Brien Eas t
85.07 85.79 0.72 2.0 O'Brien Eas t
EB20-005 Anomalous values O'Brien Eas t
EB20-006 53.75 54.10 0.35 0.6 O'Brien Eas t
EB20-007 387.50 389.00 1.50 4.8 O'Brien East
EB20-008 63.65 88.50 24.85 1.4 O'Brien Eas t
Including 63.65 64.65 1.00 5.8 O'Brien East
Including 80.25 84.50 4.25 3.6 O'Brien East
EB20-009 287.35 289.25 1.90 0.5 O'Brien Eas t
EB20-010 Results pending Sigmoid
EB20-011 337.00 339.00 2.00 0.5 O'Brien Eas t
344.00 345.50 1.50 1.7 O'Brien Eas t
476.00 476.90 0.90 1.2 O'Brien Eas t
498.90 500.00 1.10 2.7 O'Brien Eas t
EB20-012 Anomalous values Si gmoid
EB20-013 Anomalous values Dee r
EB20-014 No significant values O'Brien Eas t
EB20-015 No significant values Dee r
EB20-016 Results pending Deer
EB20-017 Results pending Deer
EB20-018 Results pending O'Brien East
EB20-019 Results pending O'Brien East
EB20-020 No significant values + Results pending O'Brien East
EB21-021 53.20 71.50 18.30 0.9 O'Brien Eas t
EB21-022 Results pending O'Brien East
EB21-023 Results pending O'Brien East
NE20-001 Anomalous values Clone
NE20-002 245.30 247.50 2.20 0.5 Clone
NE20-003 Anomalous values Clone
NE20-004 Results pending Clone
NE20-005 Anomalous values Clone
NE20-006 Results pending Clone
NE20-007 Results pending Clone
NE20-008 Results pending Clone
NE20-009 Results pending Clone
Notes:
1) The meterage represents the length of the drilled lengths.
2) True widths are estimated to be greater than 50% of the dril l intersection length.
3) The mineralized intervals s hown above use a 0.5 g/t Au cut-off grade.
4) Gold results obtained between 0.1 and 0.5 g/t Au are represented as anomalous values
5) Gold results obtained below <0 .1 g/t Au are represented as no significant values
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Exploration drilling results are c onfirming the existence of go ld mineralization within sheared
meta-volcanoclastic and meta-se dimentary rocks hosting quartz ( +/- carbonate-ankerite-pyrite)
veining and related vein stockworks. Results from the recent d rilling fence across the east flank
of the O’Brien intrusive stock of syenitic composition is supporting the existence of a broad gold
mineralized vein system at shallow depths proximal to the mine area.
Drilling of the other regional ex ploration targets: Clone, Sigmoid and Deer have so far, returned
anomalous gold values. These early, first pass drilling result s are key for exploring the potential
for gold mineralization of the relatively untested targets within the mining camp (See Figure 1).
Table 2: Drill Hole Location and Parameters
Hole ID East (UTM) North (UTM) Azimuth Dip Length (m)
EB20-001 413618 5487438 150 -45 213
EB20-002 413674 5487339 150 -45 354
EB20-003 413775 5487166 150 -45 288
EB20-004 417805 5483558 0 -50 501
EB20-005 417950 5483802 359 -50 498
EB20-006 417907 5483252 0 -50 501
EB20-007 417945 5484285 0 -50 501
EB20-008 417943 5484055 358 -52 486
EB20-009 417922 5483052 0 -50 501
EB20-010 413472 5481573 179 -48 297
EB20-011 417938 5482747 0 -50 510
EB20-012 413447 5481774 180 -45 321
EB20-013 412135 5487034 180 -45 516
EB20-014 417760 5482660 345 -50 465
EB20-015 412142 5486239 180 -45 300
EB20-016 412143 5486037 180 -50 300
EB20-017 412143 5486037 360 -45 156
EB20-018 417718 5483349 100 -50 288
EB20-019 417718 5483349 100 -67 370
EB20-020 417993 5483292 270 -46 399
EB21-021 417943 5484055 330 -60 138
EB21-022 417943 5484055 5 -80 126
EB21-023 417945 5484285 180 -50 466
NE-19-01 405127 5478691 179 -55 339
NE20-001 413464 5483662 15 -46 312
NE20-002 413403 5483440 15 -45 327
NE20-003 413353 5483245 15 -45 318
NE20-004 413400 5483428 287 -45 300
NE20-005 413189 5482682 116 -45 300
NE20-006 413189 5482682 95 -45 300
NE20-007 413189 5482682 300 -45 201
NE20-008 413297 5483051 150 -45 300
NE20-009 413297 5483051 330 -45 345
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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 tonn es-per-day. Bonterra is focused
on graduating from advanced exploration to a development company over the next 18-months to
deliver shareholder value.
Quality control and reporting protocols
The Desmaraisville area’s drill core gold analyses are performed at the Company’s Bachelor Mine
analytical laboratory (the “ Laboratory”). The Company employs a rigorous QA-QC analysis
program that meets industry sta ndards. The analyses are carrie d out by fire assay (A.A.) with
atomic absorption finish. Blanks, duplicates, and certified reference standards are inserted into the
sample stream to monitor the Laboratory’s performance. The Com pany's QA-QC program
requires that at least 10% of samples be analyzed by an independent laboratory. These verification
samples are sent to ALS Minerals laboratory facility located in V a l - d ' O r , Q u e b e c . T h e
verifications show a high degree of correlation with the Labora tory’s results. Pending assays of
samples awaiting analysis from drilling beyond the project mode ls not included in the 2021
Resource Update are to be processed at Actlabs, based in northwestern Quebec.
Qualified person
Francis Lefebvre, P.Geo and Project Manager at Moroy supervises all exploration activities on the
Moroy project. Mr. Lefebvre is a Qualified Person as defined by National Instrument 43-101
(“NI43-101”). Marc Ducharme, P.Geo. and Bonterra’s Exploration Manager, h as compiled and
approved the information contained in this press release. Mr. Ducharme is a qualified person as
defined by National Instrument 43-101.
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
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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.