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Bonterra Intersects 34.7 g/t Au over 2.4 m at the Barry Underground Project and Provides an Update on the Duke Property Joint Venture Drill Program
Val-d'Or, Quebec--(Newsfile Corp. - March 27, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX...
About this update from Bonterra Resources, Inc.
[{"type":"text","content":"Bonterra Intersects 34.7 g/t Au over 2.4 m at the Barry Underground Project and Provides an Update on the Duke Property Joint Venture Drill ProgramVal-d'Or, Quebec--(Newsfile Corp. - March 27, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (\"Bonterra\" or the \"Company\") is pleased to announce more results from the now completed infill drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate (the \"2021 MRE\", see press release dated June 23, 2021). The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization in the upper section of the deposit. In total, 31,349 meters (\"m\") (91 holes) of infill drilling has been completed from surface since August 2022. The Company has received assays for 75 holes so far, including the ones in this release (see press releases dated November 15, 2022 and December 12, 2022 for previously released holes).Highlights include:34.7 g/t Au over 2.4 m, including 72.0 g/t Au over 1.1 m in hole MB-22-560A17.7 g/t Au over 3.2 m, including 30.1 g/t Au over 1.8 m in hole MB-23-59411.6 g/t Au over 3.3 m, including 19.8 g/t Au over 1.8 m in hole MB-23-5899.0 g/t Au over 9.2 m, including 21.7 g/t Au over 2.0 m in hole MB-22-5788.2 g/t Au over 6.0 m, including 17.6 g/t Au over 2.7 m in hole MB-22-5566.4 g/t Au over 4.0 m, including 13.2 g/t Au over 1.2 m in hole MB-22-565ADuke Joint Venture Drill Program UpdateIn March, the Company announced a 3,300 m drill program at the Duke property (\"Duke\"), a joint venture with Osisko Mining Inc. (\"Osisko\"). As of now, six of ten holes have been drilled, and the drilling activities are tracking on schedule (see press release dated March 6, 2023). The drill results are expected to be released upon completion of the program.The drill program at Duke is part of the Company's renewed focus on regional exploration at a rate of approximately 1,400 m per month in the Urban-Barry and Bachelor camps.Marc André Pelletier, President and CEO, commented: \"The exploration program at Duke in collaboration with our joint venture partner Osisko is progressing well. Duke is l...