Bonterra Resources Provides Corporate Update and Defines Significant Exploration Potential at the Titan Extension with 12.4 g/t Au over 5.3 m
VANCOUVER, Jan. 21, 2019 - Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the "Company" or "Bonterra") is pleased to report ongoing developments to its shareholders and investors and announce follow up drill results of 12.4 g/t Au over 5.3m from the recently discovered Titan Extension of the Gladiator Deposit. Bonterra's recent acquisition of Metanor Resources Inc. and consolidation of the Company's databases and management have resulted in broader exploration and resource development plans. Bonterra will conduct a company-wide NI 43-101 mineral resource estimate for all its Urban Barry exploration assets, including the Gladiator, Barry and Moroy deposits. The combined mineral resource estimate is part of Bonterra's strategy to fast track the development of the three deposits simultaneously, to optimize feed to the Urban Barry Mill over the life of the three mines. In order to concentrate on the exploration of all three deposits, the Company's mining operations in Quebecwill be placed on care and maintenance.
- Published: 23 January 2019
- Written by Editor