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BTR.V ·

Bonterra Intersects 13.76 g/t Au Over 4.5 Metres at Gladiator

Drill Results

2872 Sullivan Rd Suite 2 

Val‐d’Or, Quebec

Office: (819) 825‐8678 

Bonterra Intersects 13.76 g/t Au Over 4.5 Metres at Gladiator

Val-d’Or, QC – April 24, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,

FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to report an intersection of 13.76 grams

per tonne (“ g/t”) Au over an intersectio n length of 4.5 metres (“ m”) from its winter drilling

completed at the Gladiator deposit.

The Company suspended its winter 2020 drill program on March 17 due to the Coronavirus

Pandemic and on April 2 reported assays received to date from drilling completed at the Gladiator

deposit. All assays for the Compa ny’s exploration programs are completed at the Company’s

Bachelor Mine assay laboratory. While maintaining safe work practices, the assay lab is currently

operating on a 4 hour per day basis and has reported partial results of hole BA-20-07 drilled at the

Gladiator deposit. The results reported include an intersection of 5.93 g/t Au over and intersection

length of 11.0 m (estimated true width of 3.97 m) which includes a higher-grade interval of 13.76

g/t Au over an intersection length of 4.5 m (estimated true width of 1.5 m). Assays remain pending

from the rest of hole BA-20-07 and parts of other holes complet ed at Gladiator. Hole BA-20-07

is presented on the attached cross section.

Greg Gibson, President and CEO of the Company commented “This r ecent result on the north

zone occurs approximately 110 m be low surface on part of the no rth zone where the drilling

remains relatively widely spaced. This intercept supports our current strategy to both expand and

in-fill near surface resources at Gladiator to advance the Gladiator deposit.”

Analyses and QAQC

Gold analyses of Gladiator drill core are completed at the Bach elor Mine assay laboratory. The

Company employs an industry standard QAQC program that includes duplicate analyses from pulp

and coarse rejects and the use o f Certified Reference Materials and blanks. Check assays on a

minimum of 10% of the samples are completed at ALS Laboratories (“ALS”) in Val-d’Or. Check

assays for hole BA-20-07 and other holes in progress at the Bachelor lab will be completed at ALS

when regular work activities resume.

Boris Artinian, P.Geo and Chief Geologist for the Company super vises all exploration activities

on the Gladiator project. Mr. Artinian is a Qualified Person a s defined by NI43-101. Jamie

Lavigne, P.Geo and VP Exploration for the Company has approved the information contained in

this release. Mr. Lavigne is a Qualified Person as defined by NI43-101.

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FOR ADDITIONAL INFORMATION:

Investor relations: Allan Folk

[email protected]

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9

819-825-8676 | Website: www.bonterraresources.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.