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Bonterra Intersects 11.3 g/t Au over 2.2 metres from the Ongoing Expansion Drilling Campaign at Barry
Val-d'Or, Quebec--(Newsfile Corp. - August 16, 2021) - Bonterra Resources Inc. (TSXV: BTR) (O...
About this update from Bonterra Resources, Inc.
[{"type":"text","content":"Bonterra Intersects 11.3 g/t Au over 2.2 metres from the Ongoing Expansion Drilling Campaign at BarryVal-d'Or, Quebec--(Newsfile Corp. - August 16, 2021) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (\"Bonterra\" or the \"Company\") is pleased to announce the results from the ongoing drilling campaign at the Barry project. Recent drilling continues to expand the H series at depth in the SW sector and up-dip to the NW (Figure 1). The latest results encompass nine diamond drill holes designed to expand the 2021 mineral resource estimate (\"MRE\") released in June (see press release dated June 23, 2021), and one hole (MB-21-353) that was included in the MRE. Drilling highlights include 11.3 grams-per-tonne gold (\"g/t Au\") over 2.2 metres (\"m\") in the H15 zone. The Company is currently drilling at a rate of approximately 10,000 m per month at its three main gold deposits to expand upon the recently released MREs. In addition, work on the preliminary economic assessment (\"PEA\"), which would utilize the existing Bachelor Mill as a central processing facility is ongoing and is expected to be completed in Q4 2021. Highlights include:11.3 g/t Au over 2.2 m in hole MB-21-3613.0 g/t Au over 7.0 m, including 6.5 g/t Au over 3.1 m in hole MB-21-3533.0 g/t Au over 6.8 m, including 6.2 g/t Au over 2.0 m in hole MB-21-372 14.8 g/t over 0.4 m in hole MB-21-352Pascal Hamelin, CEO commented: \"Today's drill results of the H series reinforce the expansion potential we see across the entire Barry project. More assay results are expected from Barry in the coming months as a backlog of pending results are returned from the laboratory and from the ongoing drilling campaign of expansion targets, which remain open in all directions.\"Figure 1 - Barry Project - Drill Hole Location MapTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/1528/93233_990a20f2147c6bce_001full.jpgFigure 2 - Barry H15 Zone Longitudinal SectionTo view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/1528/93233_990a20f2147c6bce_002full.jpgThe Barry gold deposit is characterized by three dominant sets of structures, all dipping to the south-east. The sub-vertical shear zones and the H-Series shear zones dipping 25 to 40 degrees are hosted within intermediate to mafic volcanics and tu...