Bonterra Intersects High Grade GOLD IN New Zone at Moroy
2872 Sullivan Rd Suite 2
Val-d’Or, Quebec
Office: (819) 825-8678
BONTERRA INTERSECTS HIGH GRADE GOLD IN NEW ZONE AT
MOROY
Val-d’Or, QC – October 17, 2019: Bonterra Resources Inc. (TSX-V: BTR, OTCQX:
BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce the discovery of
a new zone of gold mineralization at the Moroy Project. Recently completed diamond drill hole
intercepts in the new zone , referred to as the M4 Zone, are summarized in th e table below.
Highlights include:
• 18.09 grams per tonne Au over 3.6 metres in hole MY19-158
• 18.39 grams per tonne Au over 2.94 metres in hole MY19-161
• 11.09 grams per tonne Au over 11.41 metres in holes MY19-166
The Moroy deposit is located on the Compan y’s 125 square kilometer Bachelor Lake Property,
approximately 225 kilometres nort heast of Val -d’Or and is located south of the Bachelor Mine.
Mineralization at Moroy consists of quartz veins with minor pyrite hosted by hematite, sericite,
quartz, and pyrite altered volcanic rocks. Mineralization previously delineated at Moroy, and
included in the Company’s Mineral Resource Estimate (May 28, 2019), consists dominantly of a
westerly striking and steeply north dipping (approximately 60 – 80 degrees) vein system. In
contrast, the M4 Zone dips shallowly , approximately 20 – 30 degrees ( to the north -northwest).
The delineation of the M4 Zone represents a newly recognized orientation for mineralization at
Moroy. A plan view of the M4 Zone including drill hole pierce points and intersection grades is
attached.
Greg Gibson, Company Presi dent and CEO stated, “We are thrilled with our drilling results to
date, especially the discovery of high-grade gold within the Moroy project at our M4 target area.
These results demonstrate the tremendous prospectivity of the company’s district scale holdings.”
Hole ID From (m) To (m) Length
(m) Au (g/t)
MY17-021 217.56 226.22 8.66 0.92
MY17-022 235.52 255.58 20.06 0.98
including 245.79 249.39 3.60 2.56
MY18-028 250.46 256.31 5.85 3.54
including 250.46 253.05 2.59 6.26
MY18-029 257.20 259.76 2.56 1.09
MY19-155 NSA
MY19-156 61.15 67.41 6.26 5.11
including 62.56 66.80 4.24 7.26
MY19-157A NSA
MY19-158 67.03 77.16 10.13 7.10
including 71.11 74.70 3.60 18.09
MY19-159 59.65 64.36 4.71 1.54
including 61.24 62.85 1.62 3.65
MY19-160 72.69 88.55 15.86 1.03
including 86.42 88.55 2.13 3.68
MY19-161 51.59 67.85 16.26 4.38
including 55.33 58.27 2.94 18.39
MY19-162 62.68 64.30 1.62 0.89
MY19-163 80.41 81.02 0.61 2.14
MY19-164 93.52 99.64 6.12 0.48
including 93.52 94.13 0.61 1.92
MY19-165 77.78 89.91 12.13 4.39
including 81.88 86.77 4.89 7.14
MY19-166 68.08 85.32 17.24 7.89
including 71.31 82.40 11.09 11.41
MY19-167 77.84 82.99 5.15 4.19
including 79.61 82.46 2.85 6.64
MY19-168 60.38 65.21 4.83 2.47
including 60.38 61.98 1.60 5.21
MY19-169 89.54 101.47 11.93 0.70
MY19-170 57.37 60.38 3.02 2.15
Notes:
1) true widths are approximately 65 – 80% of intersection lengths
2) Hole MY19-158 was previously released June 12, 2019
3) NSA – No significant assays
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 assays
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 Co mpany has approved the information
contained in this release. Mr. Lavigne is a Qualified Person as defined by NI43-101
For further information on Bonterra, contact Allan Folk
Telephone: (819) 825-8678
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.
This forward -looking information includes, among other things, statements with respect to Bonterra’s
exploration and development plans. The words "w ill", "anticipated", "plans" or other similar words and
phrases are intended to identify forward -looking information. 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 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 t o raise sufficient capital to fund exploration and development; changes in
economic conditions or financial markets; increases in input costs; litigation, legislative, 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. Bonterra disclaims any intention or obligation to update or revise forward -
looking information, whether as a result of new information, future events or otherwise.