Bonterra Resources Inc. (TSX-V: BTR) (US: BONXF) (FSE: 9BR1) is pleased to announce that the ongoing Resource Development Program in and around the Gladiator Gold Deposit has successfully increased the width of the Main Zone and extended the strike length of multiple gold-bearing horizons. The results from the current drilling campaign continue to expand the size and further confirm the continuity of the Gladiator Gold Deposit. Noting the aggressive drill program at Gladiator, assays from multiple drill holes are pending in lab, and the Company anticipates additional drill results in the near future.
Highlights and Observations:
Please see http://www.bonterraresources.com/en/gladiator/maps-sections for updated maps including long sections and cross sections.
Nav Dhaliwal, CEO and President, stated, “We continue to establish the Gladiator Gold Deposit as a very large gold system, with multiple parallel gold horizons that continue to be expanded along strike and also appear to show signs of increased width, as shown in hole BA-17-38, where 8.2 g/t Au over 9.4 m was intersected. Since 2011, approximately 88,500 m of drilling has been completed at the Gladiator Gold Deposit, which includes over 40,000 m so far in 2017. As we approach our winter drill program, we are looking to expand up to six drill rigs to ensure we continue our expansive resource development program. Because of our continued drilling success over the last two years at Gladiator, we have a high level of confidence that in 2018, we will be in a position to significantly upgrade the size of the geological model and complete a sizable mineral resource update.”
|Stated lengths are core width as drilled, true widths vary and average between 60 and 80 percent of drilled widths. Core axis angles of the intersection contacts and surrounding rock units average 55 to 70 degrees.|
Bonterra Resources Quick Facts:
Robert Gagnon, P.Geo., has approved the information contained in this release. Mr. Gagnon is a director of Bonterra and is a Qualified Person as defined by NI 43-101.
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