Bonterra Resources Inc. (TSX-V: BTR) (US: BONXF) (FSE: 9BR1) is pleased to announce the latest drilling results from the ongoing resource development program at the Gladiator Gold Deposit, including an intersection of 29.6 g/t Au over 3.0 m at the South Zone. This indicates the presence of a new high-grade chute and is open at depth. Recent infill drilling results demonstrate the continuity of mineralization and increase the thickness of all defined zones. Step out drilling revealed new areas of high-grade mineralization and has expanded the known extents of mineralization along multiple zones.
Highlights and Observations:
The ongoing resource development program continues to expand and define the Gladiator Gold Deposit ahead of the updated mineral resource estimate scheduled for Q4 2018. Drilling to be included in the upcoming mineral resource estimate has now been completed. Drilling continues with three drills at the deposit focused on extension drilling along strike to the northeast and southwest.
Hole | From
(m) |
To
(m) |
Length*
(m) |
Grade
(g/t Au) |
Zone/Area |
BA-18-53A | 605.0 | 607.0 | 2.0 | 6.5 | North |
BA-18-53A | 614.0 | 617.0 | 3.0 | 4.0 | North |
BA-18-53A | 684.0 | 687.0 | 3.0 | 4.5 | Footwall |
BA-18-53A | 988.0 | 991.0 | 3.0 | 29.6 | South |
BA-18-54 | 564.0 | 567.0 | 3.0 | 9.4 | North |
BA-18-56 | 466.0 | 468.0 | 2.0 | 6.0 | South |
BA-18-57A | 607.0 | 608.0 | 1.0 | 9.5 | Main |
BA-18-58 | 741.0 | 742.5 | 1.5 | 4.1 | Main |
BA-18-58 | 882.0 | 883.5 | 1.5 | 12.3 | South |
BA-18-61B | 443.6 | 444.8 | 1.2 | 4.3 | Main |
BA-18-61B | 504.0 | 505.1 | 1.1 | 5.6 | South |
BA-18-61B | 722.0 | 724.0 | 2.0 | 6.9 | Barbeau |
BA-18-62 | 540.5 | 542.5 | 2.0 | 17.7 | Main |
BA-18-62 | 585.0 | 586.0 | 2.0 | 5.8 | South |
BA-18-62 | 594.0 | 596.0 | 2.0 | 9.8 | South |
BA-18-62 | 614.3 | 615.0 | 0.7 | 8.8 | Barbeau |
BA-18-62 | 619.2 | 622.5 | 3.3 | 5.5 | Barbeau |
*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://bonterraresources.com/projects/gladiator-project/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.
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