Bonterra Resources, Inc. · TSXV:BTR
Bonterra Resources — Investor Presentation (February 2020)
32 slides from Bonterra Resources's investor presentation, February 2020
Slide 1: Developing Québec's Next Gold Camp
TSX-V BTR | OTCQX BONXF | FSE 9BR2 Developing Québec’s NEXT GOLD CAMP Exploration and Resource Development in the URBAN-BARRY CAMP FEBRUARY 2020
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains "forward-looking information" within the meaning of Canadian securities legislation. Any information herein with respect to predictions, expectations, projections, objectives, assumptions or future events that are not historical facts may be "for
Slide 3: Why Bonterra Resources
Why Bonterra Resources Quebec– Top 4 Mining Jurisdiction in the World 2.1Million Ounce NI 43-101 Resource Estimate 3 Flagship Properties 36,000 Hectare Land Position Permitted Mill 800 Ton per Day District Play with 7 Million ozs Discovered to Date Bulk Sample and PFS Expected in 2020 10 Drills Turn
Slide 4: Bonterra Assets | Land Position
Bonterra Assets | Land Position N Bachelor Mill BACHELOR PROPERTY 12,000 hectares Desmaraisville MOROY PROJECT M&I 667,000T @ 5.17 g/t Au: 111,000 oz Inferred 396,000T @ 4.32 g/t Au: 55,000 oz URBAN-BARRY PROPERTY 22,000 hectares BARRY PROJECT Indicated: 2,052,000T @ 5.84 g/t Au: 385,000 oz Windfall
Slide 5: Directors & Management Group
Bonterra | Directors & Management Group Greg Gibson Johnny Oliveira Jamie Lavigne Pascal Hamelin Chairman & CEO Chief Financial Officer P.Geo, VP Exploration VP Operations Mr. Gibson is President and CEO Mr. Oliveira has 20 years of experience Jamie Lavigne is an experienced Pascal holds a Mining En
Slide 6: Capital Structure
Capital Structure | as at February 26, 2020 Strong cash position Kirkland Lake Gold Sodemex 12.5% Development Fund Strong Institutional 2.7% Nine Point Partners LP Ownership Sentry 7.0% Investment Mgt Eric Sprott 5.1% 6.9% Capital Structure(1) BTR VanEck Issued & Outstanding Shares 77.5 M Investment
Slide 7: Gold Resources
Bonterra Assets | Gold Resources NI 43-101 Mineral Resource Estimate - May 28th, 2019 MEASURED INDICATED INFERRED DEPOSIT Tonnes Au (g/t) Ounces Au Tonnes Au (g/t) Ounces Au Tonnes Au (g/t) Ounces Au Gladiator - - - 743,000 8.46 202,000 3,065,000 9.10 897,000 Barry - - - 2,052,000 5.84 385,000 2,740
Slide 8: Gladiator Project
Bonterra Assets | Gladiator Project 8
Slide 9: Gladiator Project Gold Resource Block Model
Bonterra Assets | Gladiator Project Gold Resource Block Model Indicated: 743,000 t @ 8.5 g/t, 202,000 oz Inferred: 3,065,000 t @ 9.1 g/t, 897,000 oz Vertical Long Section Looking Northwest, Resource Block Model, All Lenses Projected to Section Au (g/t) 1 3.5 5 300 m 300 m 600 m 600 m 900 m 900 m OPE
Slide 10: Gladiator Project Vertical Cross Section
Bonterra Assets | Gladiator Project Vertical Cross Section Looking Southwest with Selected 2019 Results and up-dip Target Area Target Area BA-19-39: 5.5 g/t Au over 1.5 m Legend Mineralized Zone Blocks above cut-off grade Felsic Dyke Shear Zone BA-19-40: 101.1 g/t Au over 3.9 m Drill Intersept 10
Slide 11: St. Cyr Priority Target Areas - Total Magnetic Intensity
Bonterra Assets | Gladiator Project St. Cyr Priority Target Areas - Total Magnetic Intensity 11
Slide 12: St. Cyr Priority Target Areas - Geology
Bonterra Assets | Gladiator Project St. Cyr Priority Target Areas - Geology 12
Slide 13: Barry Project
Bonterra Assets | Barry Project 13
Slide 14: Barry Project Gold Resource Block Model
Bonterra Assets | Barry Project Gold Resource Block Model Indicated Resources: 2,052,000 t @ 5.8 g/t; 385,000 oz Inferred Resources: 2,740,000 t @ 5.1 g/t; 453,000 oz Vertical Long Section Looking Northwest, Resource Block Model, All Lenses Projected to Section Au (g/t) 1 3.5 5 OPEN 300 m 300 m 600
Slide 15: Barry Deposit Plan Map with IP
Bonterra Assets | Barry Project Barry Deposit Plan Map with IP (Chargeability) Contoured, Lakes and 2019 Extensional Drilling Intercepts with Prioritized Domain Extension Targets Legend Gold Intersection 2019 / Barry Mineralized Zone Chargeability Target Chargeability Target 5.9 g/t Au over 1.5 m Ch
Slide 16: Underground Drilling Plan and Selected Results
Bonterra Assets | Barry Project Underground Drilling Plan and Selected Results 16
Slide 17: Resource Expansion Targets – Total Magnetic
Bonterra Assets | Barry Project Resource Expansion Targets – Total Magnetic 17
Slide 18: Moroy Project
Bonterra Assets | Moroy Project 18
Slide 19: M1 Zone Long Section Looking East
Bonterra Assets | Moroy Project M1 Zone Long Section Looking East 19
Slide 20: Vertical Cross Section Looking East
Bonterra Assets | Moroy Project Vertical Cross Section Looking East 20
Slide 21: M4 Zone Plan view
Bonterra Assets | Moroy Project M4 Zone Plan view 21
Slide 22: Moroy Bulk Sample
Bonterra Assets | Moroy Bulk Simple Moroy is developed to the mineralization on level 11 Moroy Project Bachelor Shaft Bachelor Mine Level 11, Plan view Bulk Sample Area 22
Slide 23: Level 11 Bulk Sample Longitudinal and Timeline
Bonterra Assets | Moroy Bulk Simple Level 11, Bulk Sample Longitudinal Bulk Sample Timeline • Drilling & Blasting: • January – April Sub 4 • Milling: • April – May Sub 3 • Reconciliation • June Sub 2 Sub 1 Level 11 Planned stopes 23
Slide 24: Regional Exploration
Bonterra Assets | Regional Exploration 24
Slide 25: Urban-Barry Property Targeting
Bonterra Assets | Regional Exploration Urban-Barry Property Targeting 25
Slide 26: Bachelor Property Targeting
Bonterra Assets | Regional Exploration Bachelor Property Targeting 26
Slide 27: Bachelor Mill and Urban-Barry Camp
Bonterra Assets | Bachelor Mill Bachelor Mill and Urban – Barry Camp N 24,000 oz 82,300 oz Gandex Lac Short 45,000 oz Chibougamau Mariposite 28,000 oz 6,700 oz Cartwright Lac Rose 64,800 oz Chapais Fenton Lake South Matagami Bachelor Mill MONSTER LAKE 303,700 oz Inferred1.1 Mt @ 12.14 g/t/ 433,000 o
Slide 28: Bachelor Mill
Bonterra Assets | Bachelor Mill Mill permitting process began in April 2017 to increase the existing mill capacity from 800 to 2,400 tpd PROJECT SCOPE: Remove existing 10x12 rod mill, 3 small ball mills Add a SAG mill (6.4 m x 4.0 m, 2,240 kW) Add one ball mill ( 4.7 m x 6.4 m, 2,238 kW) Add a 75 ft
Slide 29: Timeline
Bonterra Assets | Timeline 29
Slide 30: The Bottom Line
The Bottom Line Quebec– Top 4 Mining Jurisdiction in the World 2.1Million Ounce NI 43-101 Resource Estimate 3 Flagship Properties 36,000 Hectare Land Position Permitted Mill 800 Ton per Day District Play with 7 Million ozs Discovered to Date Bulk Sample and PFS Expected in 2020 10 Expansion, Infill,
Slide 31: Allan Folk, VP Investor Relations
Allan Folk 2872 Ch. Sullivan Bur. 2 VP Investor Relations Val-d’Or, Quebec J9P 0B9 ir@btrgold.com +1 819-825-8678 www.btrgold.com TSX-V BTR | OTCQX BONXF | FSE 9BR2
Slide 32: Appendix 1: Model Parameters
Appendix 1 Model Parameters 1. The classific ation of the current Mineral R esource Es timates into Measured, Indic ated and Inferred are c onsistent with c urrent 2014 CIM Definiti on Standards - F or Mineral Res ourc es and Mineral Reserves 2. Mineral resourc es which are not mineral reserv es do
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