Sign up USA
Proactive Investors - Run By Investors For Investors

BonTerra Resources receives drill results as high as 77.8g/t gold at Eastern Extension in Quebec

BonTerra Resources receives drill results as high as 77.8g/t gold at Eastern Extension in Quebec

BonTerra Resources (BTR: TSX-V; FSX: 9BR) said Tuesday that it received drill results from two holes at its Eastern Extension property in Quebec, acheiving intercepts as high as 77.8g/t gold.

Hole BA-10-01 returned 13.5 metres at 17.06g/t gold, while BA-10-02 assayed a drill intercept of 7.73 metres at 21.24g/t gold, including one sample of one metre long which returned a gold grade of 77.8g/t.

To date, the holes drilled on the Eastern Extension property have intercepted zones of smoky quartz veins mineralized with sulphides, the company said.

"We are excited to intercept two high grade drill intercepts approximately 20 metres apart in our ongoing drill program. This cements BonTerra as a significant player in the eastern Abitibi of Quebec," said president Mitchell Adam.

BonTerra is currently drilling the fourth hole on the Eastern Extension property, and is planning on constructing a winter camp for the second phase drill program at the site.

The Eastern Extension property is located approximately 170 km northeast of Val-d'Or and 125 km southwest of Chibougamau in the Barry and Bailly townships in the Abitibi Greenstone Belt.

BonTerra has an option to earn 100% of the Eastern Extension property subject to a 2% NSR.

View full BTR profile View Profile

Bonterra Resources Timeline

Related Articles

September 07 2018
Consolidation is ahead for junior miners due to the pressure on costs, says new CEO Tim Livesey
June 21 2018
The company's key operations are located in South Africa, Ghana and Kenya.
August 03 2018
The company has an extensive portfolio of exploration projects in Nevada and Utah

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright ©, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use