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Bonterra Expands Multiple Gold Mineralized Zones at Barry; Highlighted by 7.4 g/t over 14.7 metres, Including 20.6 g/t over 4.9 metres
Val-d'Or, Quebec--(Newsfile Corp. - March 31, 2021) - Bonterra Resources Inc. (TSXV: BTR) (OT...
About this update from Bonterra Resources, Inc.
[{"type":"text","content":"Bonterra Expands Multiple Gold Mineralized Zones at Barry; Highlighted by 7.4 g/t over 14.7 metres, Including 20.6 g/t over 4.9 metresVal-d'Or, Quebec--(Newsfile Corp. - March 31, 2021) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (\"Bonterra\" or the \"Company\") is pleased to announce an update on results from the ongoing drilling campaign at the Barry project. Recent drilling was designed to expand the Barry \"H-Series\" gold mineralized zones at depth (See Figures 1 and 2). The latest drilling results encompass 11 expansion diamond drill holes (4,794 metres (\"m\")), including six drill holes that were deepened to test for potential extensions of \"H-Series\" subparallel zones. Drilling was highlighted by a wide zone of mineralization in drill hole MB-21-340 that intercepted 7.4 grams-per-tonne gold (\"g/t Au\") over 14.7 m. The Company is currently drilling at a rate of approximately 10,000 m per month and plans a mineral resource estimate update for Q2/21 (the \"2021 Resource Update\"), which is expected to incorporate approximately 130,000 m of new drilling information, including results presented today. In addition, work on the the Preliminary Economic Assessment (\"PEA\") is ongoing and is expected to be completed in the fall of 2021 (See press release dated March 1, 2021). Highlights:7.4 g/t Au over 14.7 m and 1.4 g/t Au over 6.8 m in hole MB-21-3403.8 g/t Au over 6.8 m and 2.1 g/t Au over 6.6 m in hole MB-21-3393.5 g/t Au over 6.3 m in hole MB-20-2553.9 g/t Au over 2.7 m in hole MB-20-278Pascal Hamelin, CEO commented: \"The ongoing drilling results at Barry are very encouraging and support our view that tremendous exploration potential remains within the camp near existing infrastructure. Several historical intercepts suggest the potential for higher-grade material to the west and drill hole MB-21-340 is no exception. There are currently two diamond drill rigs operating at Barry. Importantly, having several parallel gold-bearing structures allows for drilling to pierce several zones with each hole. The Company continues to test extensions of the deposits at all three of the Company's flagship assets in preparation of the upcoming resource update expected in Q2/21.\"Figure 1 - Barry Project - Drill Hole Location MapTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp...