Sign up USA
Proactive Investors - Run By Investors For Investors

BonTerra's infill sampling results lead to wider gold intercepts at Eastern Extension, confirm continuity

BonTerra's infill sampling results lead to wider gold intercepts at Eastern Extension, confirm continuity

BonTerra Resources (CVE:BTR) announced Wednesday results from its infill sampling program on its Eastern Extension property in Quebec, leading to wider gold intercepts than originally disclosed in the early days of the drill program.

The company said the infill program involved sampling selected veins and segments of drill holes not yet sampled, which has led to the discovery of wider gold intercepts than initially released by BonTerra since November 2010.

BonTerra is now targeting all veins due to gold being discovered in all vein types and not only the smoked quartz veins, as originally thought, it said. Additional results of the infill sampling and recently completed drill holes will be released as they become available.

Today, the company said that the intercept from hole BA-10-02, for example, which was initially released by the company in November last year, was widened from 7.73 metres wide to a zone 22 metres wide assaying 7.54 grams per tonne (g/t) of gold.

In hole BA-10-03, two high grade gold zones were discovered in 2010, but the lower zone has since expanded from six metres to 26 metres in width, grading 3.72 g/t gold. BA-10-08 saw one of its gold zone widen significantly from seven metres in length to 17.5 metres grading 6.24 g/t gold.

Meanwhile, the gold intercept from hole BAS-10-06, which was originally released by the company in February, widened from roughly ten metres to a whopping 75.5 metres, assaying 0.82 g/t gold.

In addition, though the original drill intercept in hole BA-10-01 was not changed, a second gold zone has been defined, with the hole returning 22.05 metres of 0.98 g/t gold, including 0.71 metres at 18.95 g/t gold. 

"It is great to see the infill sampling program pay off with expanded widths for some of our key gold intercepts in the early days of the drill program," said director Mitchell Adam.

BonTerra is a Canadian gold exploration company focused on expanding the known gold zone on its Eastern Extension property, part of the Abitibi Greenstone Belt of Quebec. BonTerra has a total of four properties in the Urban-Barry belt, all gold exploration targets.

The company's Eastern Extension, Lavoie, Urban-Barry and Anderson properties are located approximately 170 kilometres northeast of Val-d'Or and 125 kilometres southwest of Chibougamau in the Urban, Barry and Bailly townships in Québec.

View full BTR profile View Profile

BonTerra Resources Timeline

Related Articles

gold
March 14 2018
Orosur Mining is making great strides in its Colombian exploration programme
gold bars and cash
March 30 2018
Medusa Mining has produced more than 700,000 ounces of gold from its Co-O mine in the Philippines so far, and there's plenty more to come
Kiziltepe
June 07 2018
"We acknowledge the continuing disconnect between our share price and the value of our assets when assessed in terms of the in-situ value of our resource and reserve ounces."

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 © Proactiveinvestors.com, 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