Bonterra Resources Inc. (TSX-V: BTR) (US: BONXF) (FSE: 9BR1) is pleased to announce continued success from its ongoing Resource Development Program at the Gladiator Gold Deposit. Drilling has further increased the size of the high-grade core area of the South Zone, with 18.5 g/t Au over 4.0 m drilled in hole BA-17-42A, and significant width and grade was also encountered in the Footwall Zone within drill hole BA-17-48, which yielded 10 g/t Au over 6.3 m. Additional drilling results received also extended the North Zone down plunge and to the east. The Company is aggressively completing its 2017 Resource Development Program, with four diamond drill rigs completing a 50,000 m program. Multiple holes are currently in the lab awaiting completion with assays pending.
Highlights and Observations:
Dale Ginn, VP Exploration, stated, “Drill results from Gladiator continue to demonstrate superior widths and grades in all five of our defined zones to date. These mineralized zones are not only visible with sharp contacts, but are continuous and highly predictable. Stand alone high-grade gold deposits in Canada, especially with extensive infrastructure and easy access, are extremely rare and valuable and we look forward to demonstrating that Gladiator is among that class.”
The Company plans to mobilize two additional drills (totaling six) to the property to support the expanding Resource Development Program at Gladiator. The upcoming winter drilling campaign will focus on further defining the Gladiator Gold Deposit to advance the completion of an updated NI 43-101 Mineral Resource Estimate in 2018.
|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.
Please see http://www.bonterraresources.com/en/gladiator/maps-sections for updated maps, including long sections and cross sections.
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