Bonterra Intersects 15.27 g/t Au over 3.39 m and Extends
2872 Sullivan Rd Suite 2
Val-d’Or, Quebec
Office: (819) 825-8678
Bonterra Intersects 15.27 g/t Au over 3.39 m and Extends
Mineralization at Moroy
Val-d’Or, QC – February 2 7, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX:
BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce that the recently
completed drilling has extended the M1 Zone in the Moroy deposit.
Assays have been received for drill holes recently completed on the M1 Zone in the Moroy deposit.
The focus of the drilling has been the extension of the M1 Zone mineralization up-plunge using a
drill from surface and down -plunge utilizing an underground rig. Highlights include an
intersection of 15.27 grams per tonne (“g/t”) Au over 3.39 metres (“m”) in an up-plunge position
and 8.14 g/t Au over an intersection length of 3.61 m extending mineralization down plunge. The
new drill intercepts indicate a significant extension of the M1 Zone and, combined with re -
interpretation of the existing drilling, supports a zone of demonstrated continuity beyond the limits
used for the current resource estimate. Significant intercepts from the recently completed holes
within the M1 Zone are contained in the table below. These holes, as well as those drilled on the
M1 structure but outside of the plunging zone of mineralisation, are plotted on the long section
attached.
The Company is currently completing a bulk sample on the 11 th Level in the M1 Zone. The
location of the bulk sample is indicated in the long section attached. In addition, the Company is
completing selected in fill drilling to support future resource to reserve conversion and mine
planning.
Greg Gibson, CEO of Bonterra stated: “We are continuing to advance Moroy towards inclusion in
a mine plan and we continue to execute our strategy of advancing resource s in other targets at
Moroy and our other assets, Barry and Gladiator, to support a long term mine life.”
Analyses and QAQC
Gold analyses of Moroy drill core are completed at the Bachelor Mine assay laboratory. The
Company employs an industry standard QAQC program that includes duplicate analyses from pulp
and coarse rejects and the use of Certified Reference Materials (CRM) and blanks. Check assa ys
on a minimum of 10% of the samples are completed at ALS Laboratories in Val-d’Or.
Qualified Person
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.
Hole ID From
(m) To (m) Length
(m)
True
Thickness
(m)
Au (g/t) Zone Drill
MY19-162 115.31 117.62 2.30 1.93 3.83 M1-2 Underground
including 115.31 116.40 1.08 0.91 7.59 M1-2 Underground
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MY19-164 212.09 217.85 5.76 3.15 3.59 M1-1 Underground
including 213.31 217.85 4.54 2.49 4.32 M1-1 Underground
MY19-172 127.94 135.87 7.92 6.62 2.36 M1-2 Underground
including 130.20 131.98 1.78 1.48 7.63 M1-2 Underground
MY19-182 185.20 198.74 13.55 10.54 1.51 M1-1 Underground
including 195.26 197.01 1.75 1.38 5.12 M1-1 Underground
MY19-183 246.34 252.76 6.41 3.43 4.80 M1-1 Underground
including 248.15 251.76 3.61 1.92 8.14 M1-1 Underground
MY19-186 285.82 294.05 8.23 3.56 4.35 M1-1 Underground
including 290.64 294.05 3.41 1.46 7.00 M1-1 Underground
MY19-187 291.13 300.24 9.12 3.56 1.80 M1-1 Underground
including 293.38 295.46 2.07 0.81 5.19 M1-1 Underground
MY19-188 217.44 223.63 6.19 3.29 4.56 M1-1 Underground
including 218.54 222.16 3.63 1.93 6.15 M1-1 Underground
MO-19-230 313.87 325.33 11.46 9.69 6.02 M1-3 Surface
including 315.09 324.53 9.44 7.98 7.09 M1-3 Surface
including 316.87 320.26 3.39 2.87 15.27 M1-3 Surface
MO-19-232 207.01 211.58 4.57 3.95 2.39 M1-3 Surface
including 207.01 209.22 2.21 1.91 4.78 M1-3 Surface
including 207.01 208.61 1.60 1.38 6.09 M1-3 Surface
MO-19-241 399.19 405.95 6.76 6.23 4.91 M1-1 Surface
including 400.44 403.10 2.66 2.46 11.21 M1-1 Surface
MO-19-247 371.13 377.56 6.42 6.24 3.36 M1-3 Surface
including 374.55 376.79 2.24 2.18 7.63 M1-3 Surface
True thickness is estimated for each intercept.
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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.
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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 simila r words and
phrases are intended to identify forward -looking information. This forward -looking information includes namely,
information with respect to the planned exploration programs and the potential growth in mineral resources.
Exploration results that i nclude 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 classed 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 re sult 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, performance or achievements to be ma terially 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 markets, environmental and other judicial, regulatory,
political and competitive developments; technological or operational difficulties or inability to obtain permits
encountered in connection with exploration activities; and labour 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.