Bonterra intersects 9.4 g/t Au over 3.3 m, including 61.7 g/t Au over
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra intersects 9.4 g/t Au over 3.3 m, including 61.7 g/t Au over
0.5 m from the ongoing Expansion Drilling at Gladiator
Val-d’Or, QC – September 2, 2021 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX:
BONXF, FSE: 9BR2) (“Bonterra” or the “ Company”) is pleased to announce updated assay
results from the ongoing expansion diamond drilling program at its Gladiator project. The focus
of this exploration campaign is on expanding the size and scope of the Gladiator gold deposit and
supplementing the recently updated mineral resource estimate (the “2021 MRE”), see press release
dated June 23, 2021). The ongoing expansion drilling program a t Gladiator continues to
effectively extend the size of the mineralization and recent da ta shows encouraging signs of a
higher density of veining to the South of the existing Gladiator 2021 MRE.
The Company is currently drilling at a rate of approximately 10,000 m per month at its three main
gold deposits to expand upon the recently released 2021 MRE. I n addition, work on the
Preliminary Economic Assessment (“PEA”), which would utilize the existing Bachelor Mill as a
central processing facility is ongoing and is expected to be completed in Q4 2021.
Assays from nine expansion diamond drill holes outside the 2021 MRE, have been received since
our August 4, 2021 press release. The assay results included i n this press release are highlighted
by:
Main Zone: 6.6 g/t Au over 3.0 metres (“m”), in hole BA-21-16
North Dipper: 11.8 g/t Au over 1.0 m in hole BA-21-16
North Dipper: 32.6 g/t Au over 1.1 m in hole BA-21-17
North Dipper: 3.7 g/t Au over 10.5 m, including 11.7 g/t Au over 3.0 m in hole BA-21-19
North Dipper: 6.0 g/t Au over 3.1 m, including 18.3 g/t Au / 1.0 m in hole BA-21-19
North Dipper: 5.7 g/t Au over 3.4 m, including 13.6 g/t Au over 1.2 m in hole BA-21-19
North Dipper: 9.4 g/t Au over 3.3 m, including 61.7 g/t Au over 0.5 m in hole BA-21-30
Pascal Hamelin, CEO commented: “The Gladiator deposit is starti ng to demonstrate early signs
of a higher number of occurrences of high-grade material from extension zones to the South of the
existing 2021 MRE. The density of the North dipping structures , which are carrying gold
mineralization, appears to be increasing to the South. For the remainder of 2021, we will continue
to focus our Gladiator explorati on efforts on this area of the deposit as we believe we are just
beginning to scratch the surface of this highly mineralized zone.”
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Figure 1 – Gladiator Project - Drill Hole Location Map
Hole BA-21-16 has intersected an eastern extension of the Main Zone returning 6.6 g/t Au over
3.0 m (Figure 2)
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Figure 2 – Gladiator Project - Composite Cross Section (Hole BA-21-16, BA-21-17) Looking
Southwest
Hole BA-21-19 successfully intersected the up-dip extension of several North Dipper zones
associated to the Main Zone Corridor (Figure 3). The best inte rsections returned 3.7 g/t Au over
10.5 m including 11.7 g/t Au over 3.0 m, 6.0 g/t Au over 3.1 m including 18.3 g/t Au over 1.0 m
and 5.7 g/t Au over 3.4 m including 13.6 g/t Au over 1.2 m.
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Figure 3 – Gladiator Project - Composite Cross Section (Hole BA-21-19) Looking Southwest
Results from hole BA-21-30 (9.4 g /t Au over 3.3 m including 61. 7 g/t Au over 0.5 m) highlight
the presence of a new high grade north dipping structure located south east of the gladiator deposit
(Figure 1 and 4).
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Figure 4 – Gladiator Project - Composite Cross Section (Hole BA-21-30) Looking Southwest
Gladiator Deposit Geology
The Gladiator deposit consists of a set of shear hosted sub-ver tical quartz veins oriented at 60
degrees azimuth and are spatially associated with felsic dykes. The zones named spatially from
the north-northwest to the south-southeast are: The North Zone, Footwall Zone and the Main Zone.
These three zones include several sub-parallel veins interprete d as dislocated folds in sheared
structures. The North Dippers Zones consist of secondary shear s/fractures occurring in more
brittle lithologies within gabbroic sills and a porphyritic felsic intrusive stock situated between the
principal sub-vertical shears. They consist of shear/fracture filling quartz veins dipping 45 to 75
degrees to the north and oriented east-west. The North Dippers include the Barbeau Zone, which
is one of the most significant zones in size and continuity at the Gladiator deposit. The Rivage
Zone is located just north of the North Zone and consists of sub-vertical narrow shear hosted quartz
veins. The South Zone consists of a sub-vertical shear hosted veining trending 70 to 80 degrees
azimuth that bounds and drags the southern extensions of the North Dipper Zones. The Titan Zone
consists of 3 verticals strongly deformed shear hosted veins trending 90 degrees azimuth located
about 2 km to the North East of the Gladiator deposit. The South Titan Zones correspond to veins
belonging to the sheared corridor that carry the Titan Zone. All the deposit zones have a strong 45
to 50 degree plunge to the northeast and remain open at depth along the northeast plunge (Figures
1 to 4).
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The following table shows the significant intersections of the drill holes presented in this press
release.
Hole ID From (m) To (m) Length (m) Grade (g/t Au) Zone
BA-21-08 to 09 Results Pending
BA-21-10 Anomalous Values
BA-21-10A 135.4 136.0 0.6 0.6 South Titan
254.0 256.0 2.0 0.7 South Titan
BA-21-11 33.0 33.5 0.5 1.0 North Dipper
BA-21-11B Anomalous Values
BA-21-12 Anomalous Values
BA-21-13 to 15 Results Pending
BA-21-16 23.0 26.0 3.0 6.6 Main
48.0 54.0 6.0 1.1 North Dippe r
59.0 65.3 6.3 2.4 North Dipper
114.0 115.0 1.0 11.8 North Dipper
121.2 123.0 1.8 2.2 North Dippe r
124.7 125.4 0.7 0.8 North Dipper
231.0 232.0 1.0 1.6 North Dippe r
244.0 245.0 1.0 0.9 North Dippe r
285.0 285.5 0.5 3.7 North Dipper
313.0 314.0 1.0 1.1 North Dippe r
316.0 319.0 3.0 0.6 North Dippe r
334.5 335.0 0.5 7.9 North Dipper
BA-21-17 91.5 94.3 2.8 1.2 North Dippe r
100.3 103.2 2.9 0.8 North Dippe r
105.7 108.9 3.2 0.9 North Dipper
186.6 189.6 3.0 1.9 North Dippe r
204.0 207.0 3.0 0.6 North Dippe r
237.0 238.1 1.1 3.3 North Dipper
241.1 242.1 1.0 0.8 North Dippe r
254.7 256.6 1.9 0.6 North Dippe r
261.0 268.8 7.8 0.6 North Dipper
276.1 277.2 1.1 32.6 North Dipper
330.0 331.0 1.0 8.5 North Dipper
Including 330.0 330.5 0.5 15.1
344.9 345.4 0.5 1.6 North Dippe r
355.0 356.0 1.0 1.3 North Dippe r
361.9 362.4 0.5 4.2 North Dipper
BA-21-18 to 18A Results Pending
BA-21-19 105.0 106.0 1.0 0.6 North Dippe r
114.8 125.3 10.5 3.7 North Dipper
Including 122.3 125.3 3.0 11.7
179.3 180.2 0.9 0.9 North Dippe r
191.0 193.0 2.0 0.8 North Dipper
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Hole ID From (m) To (m) Length (m) Grade (g/t Au) Zone
241.0 244.1 3.1 6.0 North Dipper
Including 242.0 243.0 1.0 18.3
254.5 255.5 1.0 0.6 North Dippe r
262.0 265.4 3.4 5.7 North Dipper
Including 264.2 265.4 1.2 13.6
BA-21-20 Anomalous Values
BA-21-20A 21.0 21.8 0.8 0.6 North Dippe r
231.1 231.6 0.5 4.0 North Dipper
252.0 253.0 1.0 2.3 North Dippe r
305.9 308.3 2.4 0.8 North Dippe r
341.0 343.1 2.1 0.8 North Dipper
BA-21-21 to 29 Results Pending
BA-21-30 125.7 129.0 3.3 9.4 North Dipper
Including 127.3 127.8 0.5 61.7
Notes:
1) The meterage represents the length of the drilled lengths.
2) Estimated true widths for the Gladiator interpreted zones a re as follows: Main, Footwall and North Zones range from at le ast
50% to 70% of the interval core length; North Dipper Zones rang e from at least 70% to 100% of the interval core length and
the Rivage, South and South Titan Zones range from at least 60% to 80% of the interval core length.
3) The mineralized intervals listed are above 0.5 g/t Au.
4) Gold results obtained between 0.1 and 0.5 g/t Au are repres ented as anomalous values.
5) Gold results obtained below <0.1 g/t Au are represented as no significant values.
Quality Control and Reporting Protocols
The Gladiator project’s drill cor e 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 Laboratory’s results.
Qualified Persons
Boris Artinian, P.Geo., Chief Geologist of the Company oversees all exploration activities on the
Gladiator Project. Mr. Artinian is a qualified person as defin ed by National Instrument 43-101
(“NI-43-101”). Marc Ducharme, P.Geo. and Bonterra’s Exploration Manager , approved the
information contained in this pr ess release. Mr. Ducharme is a Qualified Person as defined by
NI 43-101.
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 four main
assets, Gladiator, Barry, Moroy, and Bachelor that collectively have a total of 1.24 million ounces
in Measured and Indicated categories, and 1.78 million ounces in Inferred category. Importantly,
the Company owns the only permitted and operational gold mill i n the region that is currently
estimated at 75% through the pe rmitting process to expand from 800 to 2,400 tonnes-per-day.
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Bonterra is focused on graduating from advanced exploration to a development company over the
next 18-24 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.