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Bonterra Discovers New High-Grade Vein on the Panache Property in the Urban Barry Region
Val-d'or, Quebec--(Newsfile Corp. - September 30, 2020) - Bonterra Resources Inc. (TSXV: BTR)...
About this update from Bonterra Resources, Inc.
[{"type":"text","content":"Bonterra Discovers New High-Grade Vein on the Panache Property in the Urban Barry RegionVal-d'or, Quebec--(Newsfile Corp. - September 30, 2020) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (\"Bonterra\" or the \"Company\") is pleased to announce very encouraging results from the surface exploration campaign on its recently acquired Panache property. In March 2019, the Company acquired the Panache property consisting of 1 claim which features a historic gold showing grading 21.9 g/t Au over 0.4 metres (\"m\"). (figures 1 and 2).Figure 1: Location of the Panache PropertyTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/1528/64932_ca0327b2f4336a9b_001full.jpgThe Panache property is located north of the Urban Barry greenstone belt along the Urban deformation corridor (figure 2). The Gladiator and Barry projects are located 20 kilometres (\"km\") southeast and 13 km south of the Panache property respectively (figure 1).Figure 2: Thubière Claim Group Geological SettingTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/1528/64932_ca0327b2f4336a9b_002full.jpgFigure 3: Panache and New Discovery Outcrop LocationTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/1528/64932_ca0327b2f4336a9b_003full.jpgIn the summer of 2020, Bonterra mechanically stripped a high-grade gold quartz vein, known as the Boudreault Vein outcrop located 135 m northeast of the Panache Showing  (figure 3). The northwest-southeast oriented vein, ranging in width from 20 centimeters to 1.5 m, was stripped over a length of 60 m (figure 4). There were 20 grab samples collected, of which 17 samples were taken from the vein itself (figure 4). The grades of the 17 samples taken directly from the vein range from 1.1 g/t Au to 79.2 g/t Au, with 8 samples with grades greater than 10 g/t Au (figure 4). Following these results, the 5 channels spaced about 10 m apart were taken from the stripped area (figure 4). A total of 48 channel samples from 0.4 m to 1.5 m in length were collected for a total length sampled of 33.2 m. The best result was 18.6 g/t Au over 1 m from channel 4. The outcropping vein has a sub-vertical dip, thus the reported thicknesses is equal to the true thicknesses.Table 1: Channel Results Channel...