Business
BonTerra Expands Land Position and Acquires Strategic Properties in Urban Barry Gold Camp in Quebec
(via TheNewswire) Vancouver, BC / TheNewswire / March 15, 2017 - BonTerra Resources Inc. ...

About this update from Bonterra Resources, Inc.
[{"type":"text","content":"BonTerra Expands Land Position and Acquires Strategic Properties in Urban Barry Gold Camp in Quebec(via TheNewswire)\n\n \nVancouver, BC / TheNewswire / March 15, 2017 - BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the \"Company\" or \"BonTerra\") is pleased to announce that it has entered into an agreement to acquire a 100% interest in the Thubiere Gold Property, located in the Urban-Barry Gold Camp, Barry Township, Quebec (the \"Thubiere Property\"). BonTerra continues to evaluate other key strategic properties in the Urban-Barry Gold Camp to add to its controlling stake of known geological structures.\n\n\n \nThe Thubiere Property (6 Claims covering 338 Ha) is a strategic acquisition to the northwest of the Arena Property and is surrounded by a large land position 100% controlled by Osisko Mining Inc. Total consideration for acquisition of the Thubiere Property is $5,000 and 150,000 common shares.\n\n\n \nNav Dhaliwal, President and CEO of BonTerra, stated: \"We continue to review various projects that are strategic to Bonterra's focus of building a significant high-grade gold resource in the Urban-Barry Camp. The Thubiere Property is a strategic large land position that historically has delivered positive gold drill results.\"\n\n\n \nThe Thubiere Property covers a poorly explored gold zone that occurs within fractured and faulted granodiorites, biotitic amphibolites and diorites. Gold mineralization is hosted in pyrite-pyrrhotite sulfide stringers. Historical diamond drill results (1988) returned up to 13.7 g/t Au over 1.2 m; 10.98 g/t Au over 1.83 m and 74.8 g/t Au over 0.61 m. Several extension targets are identified with Induce polarization historical survey that can be gold bearing sulfides.**\n\n\n \nAlthough poorly explored to-date, the historical work strongly supports a pattern of future exploration along the main fault and specifically in areas where porphyritic felsic intrusives are recorded to exist. This gold-fault-felsic intrusive association is beginning to emerge as a useful gold pathfinder Urban Barry greenstone belt of Quebec, based on recent discoveries.\n\n\n \nIn addition, BonTerra has staked four mineral claims at the north edge of Lacroix Lake block in the Gladiator Gold Project. The Company has also entered into an agreement to purchase a 100% interest in claims consisting of 225.8 Ha c...