Bonterra Resources Inc. (TSX-V: BTR) (US: BONXF) (FSE: 9BR1) is pleased to announce the identification of a fifth new parallel gold zone at the Gladiator Gold Deposit. This new “Barbeau Zone”, intersected by six drill holes up to 800 m below surface, was identified south of the “South Zone”. The Company is aggressively completing its 2017 Resource Development Program, with four diamond drill rigs completing a 50,000 m program. In addition, multiple holes are in the lab with assays pending, and Bonterra expects to expand to six drill rigs during the upcoming 2018 winter season.
Highlights and Observations:
Dale Ginn, VP Exploration, stated, “Our resource development program is focused on expanding the Gladiator Gold Deposit. The identification of Barbeau as a potential fifth parallel gold zone is exciting and indicates the strength of the Gladiator gold system. Further exploration of the new Barbeau Zone will be included in the winter drilling campaign, where we expect to have six drill rigs operating on the property. As we progress through the drill program, we continue to gain an excellent understanding of the significant gold system at Gladiator, which is leading to the accelerated development of our geological model. We look forward to 2018 with the completion of an updated resource estimate.”
Hole | From (m) |
To (m) |
Length* (m) |
Grade (g/t Au) |
Zone/Area |
BA-16-05 | 290.7 | 294.0 | 3.3 | 28.5 | Barbeau Zone |
BA-16-07 | 378.0 | 381.0 | 3.0 | 20.7 | Barbeau Zone |
BA-17-12 | 346.7 | 349.7 | 3.0 | 8.8 | Barbeau Zone |
BA-17-22 | 712.2 | 716.0 | 3.8 | 11.9 | Barbeau Zone |
BA-17-24 | 983.0 | 985.0 | 2.0 | 7.8 | Barbeau Zone |
BA-17-40A | 911.5 | 913.4 | 1.9 | 22.2 | Barbeau Zone |
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.
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.
Red Pine Exploration Inc. (TSX-V: RPX) (OTCQB: RDEXF) further to... READ MORE
Getty Copper Inc. is pleased to report drill results from the fir... READ MORE
Guanajuato Silver Company Ltd. (TSX-V:GSVR) is pleased to announc... READ MORE
Positioning for Near-Term, Meaningful, Copper Production H... READ MORE
Barksdale Resources Corp. (TSX-V: BRO) (OTCQX: BRKCF) is pleased ... READ MORE