Bonterra Intersects 18.26 g/t Au over 1.7 metres at Gladiator
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Intersects 18.26 g/t Au over 1.7 metres at Gladiator
Val-d’Or, QC – April 2, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2 ) (the “ Company” or “ Bonterra”) announces the results of assays received from
recently completed drilling at the Gladiator deposit. Results include the intersection of 18.26
grams per tonne (“g/t”) Au over an intersection length of 1.7 metres (“m”).
Bonterra had planned an aggressive winter drill program at Glad iator consisting of 12,000 to
15,000 m. The focus was zone delineation and infill drilling a imed at increasing indicated
resources and to support planning for future underground explor ation. The start of the drill
program was delayed due to warm winter temperatures and heavy s nowfall which slowed ice-
making on Barry Lake. Required ice levels were not achieved and drilling was limited to near the
shore where Barry Lake was frozen to the bottom. Due to the Co vid-19 outbreak, the Company
terminated the drill program earlier than planned. A total of 2,572 m of drilling was completed in
5 holes. Two additional holes were only partially drilled and the Company is still awaiting these
results.
Three primary zones of mineralization are interpreted at Gladiator; the North, Main, and Barbeau
Zones. The North and Main Zones are quartz vein mineralization hosted by steeply south-
southeast dipping shear zones which have developed at the contacts of a gabbroic and felsic dykes
with mafic and intermediate volcanic rocks (see cross section i n Figure 1). The Barbeau Zone
consists of quartz vein mineralization hosted by a shear zone w hich dips moderately (55o to 65 o)
to the north and is correlated with offset of the gabbroic and felsic dykes. A number of less well-
defined zones have been interpre ted with orientations similar t o the Barbeau Zone and similar to
the North and Main Zones (Figure 1).
The 5 holes completed were drilled in a north-to-south direction and planned to intersect the North
and Main Zones near surface and further downhole to intersect t argeted north dipping zones.
Significant intercepts are presented in table 1 and illustrated on the accompanying cross sections.
Highlights of the drilling include an intersection of 11.5 g/t Au over 8.5 m (estimated true width
of 3.8 m) on the North Zone and an intersection of 22.59 g/t Au over an intersection length of 1 m
(estimated true width of 0.5 m) on the Main Zone. The north dipping zones were intersected at a
more favourable angle and highl ights include 18.26 g/t Au over an intersection length of 1.7 m
and 19.37 g/t Au over an intersection length of 1 m.
Greg Gibson, President and CEO of the Company commented “We are pleased with these early,
albeit limited, results. In particular, the results on the new ly interpreted North Zone support the
interpretation of geological continuity and demonstrate the potential to add significant near surface
ounces to the Gladiator resource. Also, of particular significance is the prediction and intersection
of significant mineralization in the newly interpreted north dipping zones. We hope to resume the
Gladiator drilling from a barge after spring break up and when current restrictions due to the Covid-
19 virus have been lifted.”
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
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and coarse rejects and the use of Certified |Reference Materials (CRM) and blanks. Check assays
on a minimum of 10% of the samples are completed at ALS Laboratories in Val-d’Or.
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.
Table 1: Significant intersection
Notes:
1) North Zone and Main Zone drilled at an oblique angle and true widths are 30% to 60% of intersection lengths.
2) True widths are 95% the intersection length for the north dipping (ND) zones
Hole ID From To Au g/t Length Zone
BA‐20‐01 31.70 34.80 1.40 3.10 Main
BA‐20‐01 194.80 195.70 7.27 0.90 Main_ND_3
BA‐20‐02 89.10 90.10 22.59 1.00 Main
BA‐20‐02 327.30 329.00 18.26 1.70 Main_ND_14
BA‐20‐03 62.40 63.40 0.94 1.00 North
BA‐20‐03 205.60 206.60 7.91 1.00 New_ND
BA‐20‐03 327.20 328.20 19.37 1.00 North_ND_4
BA‐20‐04 130.50 132.40 1.00 1.90 Main
BA‐20‐04 241.00 241.50 4.60 0.50 Main_ND_4
BA‐20‐05 105.50 114.00 11.45 8.50 North
Including 105.50 108.50 19.62 3.00
BA‐20‐05 452.40 452.90 5.70 0.50 Barbeau
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FOR ADDITIONAL INFORMATION:
Investor relations: Allan Folk
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.