Ongoing Expansion Drilling at Gladiator Intersects 69.5 g/t Au over 2.2 m, Including 305 g/t Au over 0.5 m and Extends the Down Plunge Length by over
2872 Sullivan Rd Suite 2
Val‐d’Or, Québec
Office: (819) 825‐8678
Ongoing Expansion Drilling at Gladiator Intersects 69.5 g/t Au over 2.2 m,
Including 305 g/t Au over 0.5 m and Extends the Down Plunge Length by over
300 m Beyond the Existing Mineral Resources
Val-d’Or, QC – March 16, 2022 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF,
FSE: 9BR2) (“Bonterra” or the “ Company”) is pleased to announce results from the ongoing
expansion diamond drilling at its Gladiator project. The focus of this exploration campaign is on
expanding the size and scope of the Gladiator gold deposit and supplementing the last updated
mineral resource estimate (the “2021 MRE”, see press release dated June 23, 2021).
The ongoing expansion drilling prog ram at Gladiator continues t o effectively expand the size of
the mineralized volume with recent results confirming the down plunge potential of the deposit,
over 300 metres (“m”) from the existing mineral resource envelope.
Assays from 28 expansion diamond drill holes outside the 2021 M RE, have been received since
the Company’s November 22, 2021 press release. The assay results included in this press release
are highlighted by:
North Dipper: 69.5 g/t Au over 2.2 m, including 305 g/t Au over 0.5 m in hole BA-22-01
North Zone: 28.1 g/t Au over 2.9 m, including 162 g/t Au over 0.5 m in hole BA-21-60
North Zone: 13.1 g/t Au over 1.5 m, including 37.7 g/t Au over 0.5 m in hole BA-21-53A
Marc-Andre Pelletier, CEO commented: “These recent drill result s confirm the potential to add
more resources at depth at Gladiator, extending the existing mineral resource by over 300 m down
plunge. Recent drilling along strike and down dip to the east has extended the gold mineralization
over 2,000 m along strike and 1,200 m below surface. The Gladiator deposit remains our flagship
asset and demonstrates strong potential for continued growth. Bonterra is currently working on the
design and the permitting of an exploration ramp at Gladiator (the “Ramp”) that will provide the
Company with an enhanced drilling platform to explore the high-grade mineralization encountered
at depth year around. This Ramp is essential to the developmen t of the Gladiator project and the
construction work will start once all approvals received, anticipated in early 2023.”
The Company is currently drilling at a rate of approximately 6,000 m per month, which is balanced
between expansion drilling at the Gladiator and Barry deposits and testing regional targets on the
Urban-Barry land package. An exploration program is also planned at the Desmaraisville property
near the Bachelor Mine Complex.
The recent drilling has intersected the down plunge extension of the North Zone with hole BA-21-
60 intersecting 28.1 g/t Au over 2.9 m, including 162 g/t Au ov er 0.5 m, hole BA-21-53A
intersecting 13.1 g/t Au over 1.5 m, including 37.7 g/t Au over 0.5 m and 18.6 g/t Au over 0.5 m.
Results obtained from hole BA-22-01 intersected steeply North D ipping structures over 300 m
down plunge from the last shape reported in 2021 MRI intersecting up to 69.5 g/t Au over 2.2 m,
including 305 g/t Au over 0.5m (Figures 1 and 2).
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Figure 1 – Gladiator Project - Drill Hole Location Map
Figure 2 – Gladiator Project - Composite Long Section Looking Northeast
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Gladiator Deposit Geology
The Gladiator deposit consists of a set of shears hosted sub-ve rtical quartz veins oriented at 60
degrees azimuth and are spatially associated with felsic dykes. The zones named spatially from
the north-northwest to the south-southeast are: The North Zone, Footwall Zone, and the Main
Zone. These three zones include several sub-parallel veins inte rpreted as dislocated folds in
sheared structures. The North Dippers Zones consist of seconda ry shears/fractures occurring in
more brittle lithologies within gabbroic sills and a porphyriti c felsic intrusive stock situated
between the principal sub-vertic al shears. They consist of she ar/fracture filling quartz veins
dipping 45 to 75 degrees to the north and oriented east west. The North Dippers include the
Barbeau Zone, which is one of the most significant zones in siz e and continuity at the Gladiator
deposit. The Rivage Zone is located just north of the North Zo ne and consists of sub-vertical
narrow shear hosted quartz veins. The South Zone consists of a sub-vertical shear hosted veining
trending 70 to 80 degrees azimuth that bounds and drags the sou thern extensions of the North
Dipper Zones. The Titan Zone consists of three verticals stron gly deformed shear hosted veins
trending 90 degrees azimuth located about 2 km to the Northeast of the Gladiator deposit. The
South Titan Zones correspond to veins belonging to the sheared corridor that carry the Titan Zone.
All the deposit zones have a s trong 45-to-50-degree plunge to t he northeast and remain open at
depth along the northeast plunge (Figures 1 and 2).
The following table shows the significant intersections of the drill holes presented in this press
release.
Drill Hole From To Length Grade (Au g/t) Zone
BA-21-30 131.5 132.0 0.5 0.9 North Dipper
BA-21-30 204.8 207.0 2.2 0.6 North Dipper
BA-21-30 228.0 229.4 1.4 5.1 South Zone
BA-21-31 No significant values
BA-21-32 95.5 103.3 7.8 1.3 Main Zone
BA-21-32 Including 102.3 102.8 0.5 18.1 Main Zone
BA-21-32 127.4 142.2 14.8 0.9 North Dippe r
BA-21-32 Including 132.7 134.8 2.1 5.4 North Dipper
BA-21-32 161.8 163.0 1.2 1.6 North Dippe r
BA-21-32 174.0 174.5 0.5 0.7 North Dipper
BA-21-32 215.0 219.8 4.8 2.1 North Dipper
BA-21-32 Including 219.0 219.8 0.8 9.9 North Dipper
BA-21-32 299.8 301.7 1.9 2.9 North Dipper
BA-21-32 Including 299.8 300.3 0.5 10.8 North Dipper
BA-21-32 322.0 323.0 1.0 1.3
BA-21-32 358.8 361.4 2.6 1.0 North Dipper
BA-21-32 362.5 363.7 1.2 1.3 North Dipper
BA-21-32 389.5 390.1 0.6 1.3 North Dipper
BA-21-33 Anomalous values
BA-21-34 No significant values
BA-21-35 No significant values
BA-21-36 62.9 63.4 0.5 1.1
BA-21-36 128.7 129.2 0.5 0.6 South Zone
BA-21-36 144.9 146.5 1.6 1.6 South Zone
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Drill Hole From To Length Grade (Au g/t) Zone
BA-21-36 349.5 351.0 1.5 0.7
BA-21-36 371.4 372.2 0.8 0.8
BA-21-36 378.0 378.5 0.5 2.1
BA-21-38 67.5 69.0 1.5 0.6
BA-21-37 No significant values
BA-21-38 102.8 104.4 1.6 1.3 North Dippe r
BA-21-38 110.5 111.3 0.8 0.8
BA-21-38 146.2 146.8 0.6 1.0 North Dippe r
BA-21-38 244.6 247.1 2.5 1.2
BA-21-38 263.9 264.5 0.6 1.6 North Dippe r
BA-21-38 322.5 323.0 0.5 0.8 North Dipper
BA-21-38 349.2 353.1 3.9 0.6 North Dippe r
BA-21-38 365.6 366.8 1.2 0.9 North Dippe r
BA-21-38 370.3 372.2 1.9 1.1 North Dippe r
BA-21-38 461.0 461.6 0.6 0.6 South Zone
BA-21-38 472.2 473.7 1.5 0.7 South Zone
BA-21-38 478.9 479.6 0.7 1.4 South Zone
BA-21-39 No significant values
BA-21-40 Hole abandoned, no significant values
BA-21-40A 46.0 49.0 3.0 0.9 South Zone
BA-21-41 31.9 32.4 0.5 3.0 North Dippe r
BA-21-41 40.5 44.0 3.5 0.6 North Dippe r
BA-21-41 62.5 63.0 0.5 10.1 North Dipper
BA-21-41 99.3 99.8 0.5 3.8 North Dippe r
BA-21-42 53.5 54.5 1.0 0.6 North Dippe r
BA-21-43 Anomalous values
BA-21-44 to 46 Previously released, more results pending
BA-21-47 159.0 162.0 3.0 1.0 South Zone
BA-21-48 603.9 604.9 1.0 7.1 South Zone
BA-21-48 Including 603.9 604.4 0.5 12.4 South Zone
BA-21-49 Previously released, more results pending
BA-21-50 223.0 223.5 0.5 2.6 Titan Zone
BA-21-50 236.0 240.0 4.0 0.6 Titan Zone
BA-21-51 Results pending
BA-21-51A 269.5 270.0 0.5 0.5
BA-21-52 Results pending
BA-21-53 Hole abandoned, anomalous values
BA-21-53A 945.0 946.5 1.5 0.6 North Zone
BA-21-53A 954.7 964.6 9.9 0.2 North Zone
BA-21-53A 964.6 965.2 0.6 2.8 North Zone
BA-21-53A 968.0 969.0 1.0 0.1 North Zone
BA-21-53A 970.4 970.9 0.5 18.6 North Zone
BA-21-53A 972.2 981.3 9.1 0.2 North Zone
BA-21-53A 986.8 987.6 0.8 0.5 North Zone
BA-21-53A 989.3 990.0 0.7 0.2 North Zone
BA-21-53A 995.3 1000.7 5.4 0.7 North Zone
BA-21-53A 1002.0 1007.2 5.2 0.1 North Zone
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Drill Hole From To Length Grade (Au g/t) Zone
BA-21-53A 1020.9 1021.5 0.6 0.5 North Zone
BA-21-53A 1024.9 1027.8 2.9 0.2 North Zone
BA-21-53A 1031.0 1033.0 2.0 0.3 North Zone
BA-21-53A 1035.0 1036.5 1.5 13.1 North Zone
BA-21-53A Including 1035.0 1035.5 0.5 37.7 North Zone
BA-21-53A 1036.5 1041.3 4.8 0.3 North Zone
BA-21-53A 1045.0 1046.0 1.0 0.1 North Zone
BA-21-53A 1048.6 1049.2 0.6 0.1 North Zone
BA-21-53A 1055.0 1055.5 0.5 2.0 North Zone
BA-21-53A 1062.9 1068.8 5.9 0.1 North Zone
BA-21-53A 1068.8 1069.5 0.7 5.9 North Zone
BA-21-54 428.5 429.3 0.8 6.8 Titan Zone
BA-21-54 599.0 603.0 4.0 0.8 Titan Zone
BA-21-54 604.9 611.4 6.5 0.6 Titan Zone
BA-21-55 136.2 137.4 1.2 6.8
BA-21-55 141.1 143.6 2.5 1.4
BA-21-55 147.4 152.8 5.4 1.7
BA-21-55 Including 147.4 149.2 1.8 4.3
BA-21-56 133.0 133.7 0.7 0.9
BA-21-56 134.9 135.4 0.5 1.7
BA-21-56 140.0 140.5 0.5 0.8
BA-21-57 No significant values
BA-21-58 Results pending
BA-21-59 447.0 448.2 1.2 2.3 Rivage Zone
BA-21-59 686.0 686.5 0.5 2.4 Rivage Zone
BA-21-60 950.0 952.5 2.5 0.6 North Dippe r
BA-21-60 1026.6 1029.5 2.9 28.1 North Zone
BA-21-60 Including 1027.5 1028.0 0.5 162.0 North Zone
BA-21-60 1113.2 1113.7 0.5 19.6 North Zone
BA-21-60 1115.6 1116.4 0.8 1.5 North Zone
BA-21-61 Results pending
BA-22-01 1240.5 1241.7 1.2 3.0 North Zone
BA-22-01 1247.7 1250.3 2.6 0.7 North Zone
BA-22-01 Including 1248.7 1249.3 0.6 2.0 North Zone
BA-22-01 1313.0 1313.5 0.5 1.7 North Dipper
BA-22-01 1339.5 1340.0 0.5 0.9 North Dippe r
BA-22-01 1348.5 1349.0 0.5 6.8 North Dippe r
BA-22-01 1353.7 1355.1 1.4 0.7 North Dippe r
BA-22-01 1363.8 1366.0 2.2 69.5 North Dipper
BA-22-01 Including 1363.8 1364.3 0.5 305.0 North Dipper
BA-22-01 1367.0 1368.0 1.0 1.5 North Dipper
BA-22-01 1369.6 1372.7 3.1 6.7 North Dipper
BA-22-01 Including 1370.2 1371.8 1.6 12.6 North Dipper
BA-22-01 Including 1381.0 1381.5 0.5 3.3
BA-22-01 1384.2 1385.1 0.9 0.9
BA-22-01 1415.0 1415.8 0.8 1.0
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Notes:
1) The meterage represents the length of the drilled lengths.
2) Mineralized host rock adjacent to vein material with anomalous values are included in reported intervals.
3) Estimated true widths for the Gladiator interpreted zones a re as follows: Main and North Zones range from at least 50% to
70% of the interval core length; North Dipper Zones range from at least 70% to 100% of the interval core length and the
Rivage, South and South Titan Zones range from at least 60% to 80% of the interval core length.
4) The mineralized intervals listed are above 0.5 g/t Au.
5) Gold results obtained between 0.1 and 0.5 g/t Au are repres ented as anomalous values.
6) Gold results obtained below <0.1 g/t Au are represented as no significant values.
Quality Control and Reporting Protocols
The Gladiator project’s drill cor e gold analyses in this releas e are performed at the Company’s
Bachelor Mine analytical laboratory and at AGAT Laboratories, located in Val-d'Or, Quebec. The
Company employs a rigorous QA-QC analysis program that meets in dustry standards. The
analyses are conducted by fire assay (A.A.) with atomic absorption finish. Blanks, duplicates, and
certified reference standards are inserted into the sample stre am to monitor the Laboratory’s
performance. The Company's QA-QC program requires that at least 10% of samples from the
Bachelor Mine analytical laboratory be analyzed by an independent laboratory. These verification
samples are sent to ALS Minerals laboratory facility located in V a l - d ' O r , Q u e b e c . T h e
verifications show a high degree of correlation with the Laboratory’s results.
Qualified Persons
Boris Artinian, P.Geo., (OGQ # 154 6) Chief Geologist of the Com pany oversees all exploration
activities on the Gladiator prope rty and has compiled and appro ved the information contained in
this press release. Mr. Artinian is a qualified person as defin ed by National Instrument 43-101
(“NI-43-101”).
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large po rtfolio of advanced exploration
assets anchored by a central milling facility in Quebec, Canada . The Company has four main
assets, Gladiator, Barry, Moroy, and Bachelor that collectively have a total of 1.24 million ounces
in Measured and Indicated categories, and 1.78 million ounces in Inferred category. Importantly,
the Company owns the only permitted and operational gold mill in the region. Bonterra is focused
on graduating from advanced exploration to a development company to deliver shareholder value.
FOR ADDITIONAL INFORMATION
Marc-Andre Pelletier, 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
information with respect to the planned exploration programs an d the potential growth in mineral resources.
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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 cla ssed as a category of miner al 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 opera tional 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.