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Bonterra Resources Announces First Gold Sale from its Bachelor Mill Cleanup
Val-d'Or, Quebec--(Newsfile Corp. - August 9, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX...
About this update from Bonterra Resources, Inc.
[{"type":"text","content":"Bonterra Resources Announces First Gold Sale from its Bachelor Mill CleanupVal-d'Or, Quebec--(Newsfile Corp. - August 9, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (\"Bonterra\" or the \"Company\") is pleased to report that the Bachelor Mill cleanup process has recovered 630 ounces of gold to date generating revenue of CAN$1.6 million. Gold recovery efforts continue at the mill and the Company expects additional revenue in the coming months.Marc-André Pelletier, President and CEO commented: \"I would like to thank Bonterra's employees that are diligently working on the Bachelor Mill cleanup, especially after being evacuated on more than one occasion this summer due to forest fires. The next gold shipment is expected in Q4, and when combined with the 630 ounces already sold, revenue from the mill cleanup is expected to offset the majority of the Company's exploration activities through the end of 2023. Importantly, the Company is currently working on an updated exploration program with the objective of testing the extension of mineral resources near the Barry, Gladiator and Bachelor deposits.\"Qualified PersonMarc-André Pelletier, P.Eng., (OIQ # 113978) President and CEO of the Company has verified and approved the information contained in this press release. Mr. Pelletier is a qualified person as defined by National Instrument 43-101 on standards of disclosure for mineral projects.About Bonterra Resources Inc.Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company has four main assets, Gladiator, Barry, Moroy, and Bachelor that collectively have a total of 1.24 million ounces in Measured and Indicated categories, and 1.78 million ounces in Inferred category. Importantly, the Company owns the only permitted and operational gold mill in the region. Bonterra is focused on graduating from advanced exploration to a development company to deliver shareholder value.FOR ADDITIONAL INFORMATION Marc-André Pelletier, President & [email protected] Sullivan Road, Suite 2, Val d'Or, Quebec J9P 0B9819-279-9304 | Website: www.btrgold.comNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts re...