Announcement Date: 2023-03-27
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Bonterra Resources Inc.
Project name: Barry
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 2.4m at 34.7g/t Au from 131.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Val-d’Or, QC – March 27, 2023 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce more results from the now completed infill drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate (the “2021 MRE”, see press release dated June 23, 2021). The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization in the upper section of the deposit. In total, 31,349 meters (“m”) (91 holes) of infill drilling has been completed from surface since August 2022. The Company has received assays for 75 holes so far, including the ones in this release (see press releases dated November 15, 2022 and December 12, 2022 for previously released holes).
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