Bonterra Receives Approval and Plans to Increase the Bulk Sample at Moroy
2872 Sullivan Rd Suite 2
Val‐d’Or, Quebec
Office: (819) 825‐8678
Bonterra Receives Approval and Plans to Increase the Bulk Sample at Moroy
Val-d’Or, QC – July 30, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce an increase of 5,000 tonnes
to its now 10,000 tonnes bulk sample currently underway at the Moroy Project.
In December 2019, the Ministry of Energy and Natural Resources (“MERN”) gave approval to
extract 5,000 tonnes of mineralized material from the Moroy zon e. This week, the MERN
authorized an additional 5,000 tonnes, bringing the total to 10 ,000 tonnes to be extracted in the
Moroy zone bulk sample program. Bonterra requested this increa se following initial long-hole
drilling results indicating the mineralized zone was thicker than initially expected.
The bulk sample program at the Moroy project is being undertake n in order to verify the grade
continuity within the mineralized structure and reconcile the r esource grade to the recovered
ounces following processing.
The bulk sample is focused on the M1 shear zone on level 11, 44 0 metres (“m”) below surface.
The plan is to mine the zone fro m an existing exploration drift starting from the Bachelor shaft
900 m to the north of the Moroy zone. The M1 structure is sub-vertical and the company plans to
extract it via a sub-level long-hole stoping method at 15 m intervals.
The company began the bulk sample program in January with long- hole drilling. Drilling was
underway when Bonterra ceased all activities due to the advent of the Covid-19 global pandemic.
Work officially resumed on July 15th, with blasting set to begin in the next few days. The broken
material will be transported on level 11 to the Bachelor shaft. Once at surface, the mineralized
material will be processed onsit e at the Bachelor mill under th e supervision of a third-party
engineering firm. The results of the completed bulk sample program are expected to be announced
in Q4 2020.
Qualified Person
Pascal Hamelin, P.Eng. Interim CEO, has approved the information contained in this release. Mr.
Hamelin is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure
for Mineral Projects (“NI-43-101”).
FOR ADDITIONAL INFORMATION:
Pascal Hamelin, Interim CEO and VP Operations
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 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.