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Bonterra Intersects 79.9 g/t Au over 2.1 m; Including 333.0 g/t over 0.5 m at the Barry Underground Project and Provides Corporate Updates
Val-d'Or, Quebec--(Newsfile Corp. - November 15, 2022) - Bonterra Resources Inc. (TSXV: BTR) ...
About this update from Bonterra Resources, Inc.
[{"type":"text","content":"Bonterra Intersects 79.9 g/t Au over 2.1 m; Including 333.0 g/t over 0.5 m at the Barry Underground Project and Provides Corporate UpdatesVal-d'Or, Quebec--(Newsfile Corp. - November 15, 2022) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (\"Bonterra\" or the \"Company\") is pleased to announce the first results from the ongoing infill drilling campaign at the Barry underground project as well as the latest results of the open pit project, which are expected to be used for the grade interpolation of the mineralization at depth. The Company commenced a 125,000 metres (\"m\") drill program at the Barry underground deposit last August, which contains 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources, as stated in the last mineral resource estimate (the \"2021 MRE\", see press release dated June 23, 2021). To date, 15,900 m (33 holes) of infill drilling has been completed from the surface, mainly in the upper half of the Barry underground deposit.Highlights include:79.9 g/t Au over 2.1 m, including 333.0 g/t Au over 0.5 m in hole MB-22-529A12.8 g/t Au over 7.9 m, including 29.1 g/t Au over 2.8 m in hole MB-22-433 10.7 g/t Au over 5.7 m, including 96.5 g/t Au over 0.5 m and 8.7 g/t Au over 0.5 m in hole MB-22-509A10.2 g/t Au over 4.0 m, including 13.9 g/t Au over 1.1 m and 48.6 g/t Au over 0.5 m in hole MB-22-43012.9 g/t Au over 3.3 m, including 31.3 g/t Au over 1.1 m in hole MB-22-539AMarc André Pelletier, President and CEO, commented: \"We are pleased with the recent results of the ongoing infill drilling campaign for the underground deposit at Barry. MB-22-529A drill hole results of 333.0 g/t over 0.5 m represents the highest reported interception ever at the Barry project. This campaign fits well with our strategy of moving the Barry asset toward a production re-start. Considering the magnitude of the underground mineral resources, the deposit has the potential to become a long-lived operation and the Company intends to further define its potential. Drilling at Barry will continue with two drill rigs on site. Also, the pre-feasibility study (\"PFS\") on the Barry open pit project is at an important juncture and an update is expected before year end.\"Diamond Drilling Results Highlights: Figure 1 - Barry Project -Surface Plan, holes and ...