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Bonterra Completes All-Season Exploration Camp to Support Expanding Resource Development Program at Gladiator Gold Project
Bonterra Completes All-Season Exploration Camp to Support Expanding Resource Development P...
About this update from Bonterra Resources, Inc.
[{"type":"text","content":"\n\n\n\nBonterra Completes All-Season Exploration Camp to Support Expanding Resource Development Program at Gladiator Gold Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 20, 2017\n\n\n\nVANCOUVER, Nov. 20, 2017 /CNW/ - Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the \"Company\" or \"Bonterra\") is pleased to highlight the construction of a new, all-season exploration camp at the Gladiator Gold Project. The expansion to a larger year-round exploration camp will support the continued advancement of the aggressive resource development program at the Gladiator Gold Deposit. Bonterra plans to mobilize two additional drills (totaling six) in early 2018 for a winter drilling campaign.\n\n\n \n \n\n \nOverview of New Exploration Camp and Infrastructure Improvements:\n\n\nCompletion of expandable, all-season camp\nHigh-speed communications network\nConstruction and rehabilitation of 6 km of property main access road\nDevelopment of 7 km trails network to the Coliseum area\nOngoing revegetation and site reclamation program\nAn additional 65,000 m of core storage\n\nDale Ginn, VP Exploration, stated, \"The expansion and construction of a year-round camp provides the key infrastructure required to ensure we execute our resource development program at the Gladiator Gold Project on budget and on time to meet the market's expectations of a mineral resource update in 2018.\" \n\nBonterra Resources Quick Facts: \n\n\nWell financed with $40 million raised in 2017.\nStrong Shareholder Base: Eric Sprott (10%), Van Eck Gold Fund (12%), Kirkland Lake Gold (9.5%), Kinross (7.5%).\nGladiator Gold Deposit:\n\nDeposit extension and resource expansion underway utilizing minimum of four drill rigs with 50,000 m to be completed in 2017; up to six rigs in 2018.\nAdvancing to the completion of an updated NI 43-101 Mineral Resource in 2018, which is anticipated to include up to an additional 100,000 m of drilling from 2015 through 2018.\nDrilled dimensions of the Gladiator Deposit are currently outlined to a depth of 1,200 m below surface, and...