Bonterra Makes New Gold Discovery at Barry North
2872 Sullivan Road, Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Makes New Gold Discovery at Barry North
Val-d’Or, QC – December 21, 2020 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX:
BONXF, FSE: 9BR2) ( “Bonterra” o r t h e “Company”) is pleased to announce a new gold
discovery at Barry North. Recent exploration drilling has conf irmed the existence of gold
mineralized vein structures spanning approximately 750 metres (“ m”) in length along strike,
approximately 150 m north of the Barry gold deposit. The Barry North zone is proximal and
subparallel to the Mazères regional fault . These vein structures remai n open along strike and at
depth. Barry North’s gold mineralization is associated with quartz veining with some pyrite hosted
within sheared mafic volcanic rocks and proximal to felsic intrusive rocks.
The best results obtained from the newly discovered Barry North zone include several intersections
which are as follows: 3.8 g/t Au over 0.7 m in hole MB-20-290, 2.6 g/t Au over 3.9 m in hole
MB-20-295 and 3.3 g/t Au over 2.0 m in hole MB-20-302. These holes are located just north and
adjacent to the Barry deposit (See Table 1 and Figure 1).
Pascal Hamelin, President and CEO commented: “This newly discovered zone near surface is very
promising and confirms the existence of previously untested gol d mineralization just north of the
Barry deposit. We look forward to receiving more drill results from this zone.”
The Company has drilled 42 holes representing a total of 15,225 m at Barry since July 23, 2020.
Results from 11 holes have been received since the press releas e dated October 21, 2020
(See Table 1 and Figures 1 and 2).
Table 1 - Significant mineralized intersections of recent drilling
Hole ID From (m) To (m) Length
(m)
Grade
(g/t Au) Zone Purpose
MB-20-289 A bandoned, re-drilled with hole MB-20-290 Exploration
MB-20-290 112.9 113.6 0.7 3.8 Barry North Exploration
114.6 120.2 5.6 0.8 Barry North Exploration
312.5 313.5 1.0 0.9 Barry North Exploration
MB-20-291 No significant values Exploration
MB-20-292 No significant values Exploration
MB-20-293 213.7 215.4 1.7 0.7 Barry North Exploration
MB-20-294 64.2 65.2 1.0 1.6 H1 Sector Infill Drilling
74.5 78.4 3.9 1.2 H1 Sector Infill Drilling
316.0 327.0 11.0 1.8 800 Infill Drilling
including 317.0 319.0 2.0 8.3
MB-20-295 6.5 10.4 3.9 2.6 Barry North Exploration
MB-20-296 62.1 63.6 1.5 5.6 H1 Sector Infill Drilling
Including 62.1 62.6 0.5 12.2
MB-20-297 Results pendin g Exploration
MB-20-298 47.5 48.6 1.1 1.5 H1 Sector Infill Drilling
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Hole ID From (m) To (m) Length
(m)
Grade
(g/t Au) Zone Purpose
56.3 58.6 2.3 7.4 H1 Sector Infill Drilling
Including 56.3 57.1 0.8 20.4
97.8 98.3 0.5 5.7 H1 Infill Drilling
262.9 263.9 1.0 1.2 800 Infill Drilling
MB-20-299 Results pendin g Exploration
MB-20-300 Results pendin g Exploration
MB-20-301 101.2 105.9 4.7 0.8 H1 Infill Drilling
174.4 175.0 0.6 1.5 800 Infill Drilling
MB-20-302 73.4 75.4 2.0 3.3 Barry North Exploration
80.9 81.5 0.6 0.7 Barry North Exploration
82.5 84.5 2.0 2.4 Barry North Exploration
Notes:
1) The meterage represents the length of the drilled lengths.
2) True widths are estimated to be greater than 85% of the dril led intersection length.
3) The mineralized intervals s hown above use a 0.5 g/t Au cut-off grade.
In addition, infill drilling cont inues to confirm the western m ineral continuity of the H1 and 800
zones at Barry. The best results include 7.4 g/t Au over 2.3 m, incl uding 20.4 g/t Au over 0.8 m
and 5.7 g/t Au over 0.5 m in hole MB-20-298 and 5.6 g/t Au over 1.5 m in hole MB-20-296 for
the H1 Sector and H1 zones, respectively. The 800 zone was intersected with 1.8 g/t Au over 11.0
m including 8.3 g/t Au over 2.0 m in hole MB-20-294 (See Table 1 and Figures 1 and 2).
Figure 1 – Barry Project - Drill Hole Location Map
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Figure 2 – Barry Deposit Longitudinal Section
Quality control and reporting protocols
The Barry project’s drill core gold analyses are performed at t he Bachelor Mine’s analytical
laboratory (the “Laboratory”). The Company employs a rigorous QA-QC analysis program that
meets industry standards. The a nalyses are carried out by the 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 Company'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 Val-d'Or, Q uebec. The verifications show a
high degree of correlation with the Laboratory’s results.
Qualified person
Marc Ducharme, P.Geo. and Bonterra’s Exploration Manager, has 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,
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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.