Bonterra Resumes its 2020 Exploration Program
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Resumes its 2020 Exploration Program
Val-d’Or, QC – July 14, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE:
9BR2) (the “ Company” or “ Bonterra”) is pleased to announce that the Company has resumed its
2020 drill program this week at the Moroy, Gladiator and Barry projects that were previously
suspended on March 17, 2020 due to the Covid-19 global pandemic. The current program consists of
eight drill rigs including five land drill rigs, two barge dril l rigs at Barry and Gladiator and one
underground drill rig at Moroy.
An additional 56,000 meters (“ m”) of drilling is planned for the remainder of 2020, which incl udes
20,000 m of surface and underground drilling at Moroy, 16,000 m at Gladiator and 20,000 m at Barry.
Drilling activities and related exploration work will resume pr ogressively while implementing the
Company’s government approved Covid-19 health and safety protocols to protect its workers and the
surrounding communities near the projects.
Exploration Objectives
The Company’s objective for the H2 2020 drill program is a balanced approach, which includes deposit
in-fill drilling, resource expansion drilling and exploration a long known deposit and regional trends.
The targeted project areas are as follows (see figures 1, 2 and 3):
Moroy deposit resource expansion
Bachelor-Moroy regional exploration
In-fill drilling and resource expansion at Gladiator
Duke Option property earlier stage exploration and evaluation of the Lac Rouleau target
In-fill drilling and resource expansion at Barry
Barry regional exploration (Barry-Bart-Moss trend) and evaluation
Greenfield early stage targets along cross-regional corridors of structural decompression
The Bachelor assay lab is operational with Covid-19 confinement and health and safety protocols in
place on site. The winter 2020 drilling sampling and assaying backlog is expected to be completed by
the end of July. The Company continues to develop and update all geological models at the Gladiator,
Barry, and Moroy deposits. The extent and timing of future mode l updates will be dependent on the
amount of winter drilling accomplished.
Bonterra recently staked 231 claims near the Bachelor-Moroy sec tor. This newly added greenfield
land package is located north and west of the Bachelor mine. These new areas are underexplored and
lie along an east-northeast regional fault trend within a folde d complex with several historic gold
occurrences to the northeast. A high-resolution airborne magnetic survey is scheduled for this summer
to be followed by mapping and prospecting (see figure 4).
The Company continues the work on permitting and engineering fo r expansion of the Bachelor mill
and tailings facility. Geotechnical drilling is scheduled in J uly to test the soil type under the location
of a future dyke. These results will be incorporated into the detailed tailings expansion design. In
addition, the Company continues to advance the permitting to de velop an exploration decline at the
Gladiator project.
Pascal Hamelin, Interim CEO and VP, Operations commented: “We a re very excited to resume our
exploration activities in the Urban-Barry and the Bachelor camps as we have excellent targets to follow
up on. I wish to thank our employees and suppliers for their c ontinuous support and effort in
maintaining all our assets in excellent shape for a safe resumption.”
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Figure 1 – H2 2020 Priority Targets
Figure 2 - Urban-Barry Cross-Regional Corridors of Structural Decompression
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Figure 3 – Bachelor Property Regional Targets
Figure 4 – Recently staked claims west and north of the Bachelor camp.
Qualified Persons
Marc Ducharme, P.Geo. and Bonterra’s Principal Geologist has ap proved the technical information
contained in this release. Mr. Ducharme is a Qualified Person a s defined by National Instrument 43-
101 – Standards of Disclosure for Mineral Projects.
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FOR ADDITIONAL INFORMATION:
Contact: Pascal Hamelin - Interim CEO and VP, Operations or [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.