Bonaparte Receives Drilling Results on 2010 Drill Program on Rosy Property and Announces Option Grant

Bonaparte Resources Inc. (TSX VENTURE:BON) ("Bonaparte" or the "Company")
reports on its drilling results on the Rosy Property, Yukon. The Company has
received all analytical results from three holes totaling 263.34 metres on gold
and silver bearing vein targets on the property. 


Drill holes Rosy-10-01 and 02 tested the R1 vein. Rosy-10-01 mostly cored
competent metadiorite with varying degrees of clay alteration. R1 was
intersected from 11.62 m to 14.52 m. At this depth, the vein was strongly
weathered and altered. Mineralization comprised stringers of pyrite and
chalcopyrite. This 2.9 m interval returned 0.259 g/t gold, 2.31 g/t silver and
1513 ppm arsenic. A hematite-rich alteration envelope is developed adjacent to
the vein structure for up to two metres in core; however, the envelope did not
return elevated values. Rosy-10-02 was a "scissor" hole to Rosy-10-01. This hole
cored competent metadiorite with crosscutting dykes and varying degrees of clay
alteration. R1 was intersected between 85.36 and 87.65 m. At that depth, R1 is
composed of medium to dark grey quartz with minor carbonate veinlets containing
weak to moderate disseminated pyrite and trace arsenopyrite. The mineralization
flanks a syngenetic quartz-feldspar porphyry dyke. The intersection of R1
sub-surface, including the un-mineralized dyke, has a weighted average of 1.28
g/t gold, 2.63 g/t silver and 3382 ppm arsenic over 2.29 m. The table below
contains analytical results from samples within this deeper intersection of R1.




Significant Drill Results - Rosy-10-02

---------------------------------------------------------------------------
Intersection (m)  Length (m)  Gold (g/t)  Silver (g/t)  Arsenic (ppm)  Type
---------------------------------------------------------------------------
85.36 - 85.78          0.42        4.15           1.9           9070   Vein
---------------------------------------------------------------------------
85.78 - 87.09          1.31       0.008           0.1             38   Dyke
---------------------------------------------------------------------------
87.09 - 87.65          0.56        2.12           9.1           6940   Vein
---------------------------------------------------------------------------



Rosy-10-03 cut dominantly metadiorite with numerous shear structures hosting
carbonate veins. R2 was intersected at 52.03 m and occurred as a series of
parallel, narrow, carbonate veinlets with weakly disseminated pyrite. This hole
did not return significant values for gold, silver or arsenic.


The drill program was supervised by Archer, Cathro and Associates (1981) Limited
of Vancouver, British Columbia. The Company is currently reviewing its
exploration plans for the Rosy Property.


The Company also announces that, on September 27, 2010, it granted an aggregate
of 50,000 stock options to a director of the Company. Each option is exercisable
at $0.45 per common share and is exercisable until June 22, 2015. The options
vest immediately but may not be exercised until shareholders have approved of
the Company's stock option plan at its next annual general meeting.


Heather Smith B.Sc., P.Geo. is the Qualified Person that has reviewed the
contents of this news release.


ON BEHALF OF THE BOARD OF DIRECTORS
 
Randy Saunders, CEO and Director

Bonaparte Resources Inc. (TSXV:BON)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024