BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company")
announces that it has entered into an agreement to acquire a 100-per-cent
interest in ground near the Windfall lake property of Eagle Hill Exploration
Corp. in the Abitibi mineralized belt of Northern Quebec. This area between Val
d'Or and Chibougamau is known for its gold and copper production and excellent
infrastructure for exploration and mining.


The 36 separate claim blocks total approximately , 2016 hectares to the south
west of the EAG property. The ground has been applied for through GESTIM, and
the applications have been paid and the applications have been acknowledged as
received by the Quebec Ministere des Ressources Naturelles et de la Faune. The
ground was strategically selected as a high favourability area prospective for
Orogenic Gold Favorablity as determined by Lamonthe and Harris 2006 Assessment
of the potential for Orogeneic gold deposits in the Abitibi region.


Terms of the deal call for BTR to pay the vendor a total of $20,000.00 and issue
800,000 shares of the company on claim application approval and TSX Venture
approval. This transaction will be subject to a finders fee.


Eagle Hill Exploration Corp. announced in Stockwatch on March 09, 2010, the
following results from theWindfall Lake property:


The assay results from drill hole EAG-10-196 continue to indicate the presence
of significant gold grades over wide mineralized intervals including 19.61 grams
per tonne gold over 33.00 metres (3.51 g/t gold when cut to 1.00 ounce per ton).
The complete mineralized zone from this drill hole is visually identified over
52.00 metres in length with the assay results from the remaining 19.00 metres
pending.


Drill hole EAG-10-196 is the first step-out drill hole completed at the Windfall
Lake property by Eagle Hill, and extends the gold mineralization by 46 metres to
the southwest. This is the westernmost borehole drilled on the gold zone and it
indicates that the zone remains open to the southwest where additional drilling
is being conducted. Gold mineralization is defined by abundant pyrite stockwork
hosted by a highly silicified and sericitized rhyolite breccia.


ON BEHALF OF THE BOARD

BONTERRA RESOURCES INC. 

Mitchell Adam, President, Director

This press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements based on
current expectations involving a number of risks and uncertainties and are not
guarantees of future performance of BonTerra such as the statement that: There
are numerous risks and uncertainties that could cause actual results and
BonTerra's plans and objectives to differ materially from those expressed in the
forward-looking information, including: (i) the inability to obtain exchange
approval and (ii) other factors beyond BonTerra's control. Actual results and
future events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the dates they
are made and are expressly qualified in their entirety by this notice. Except as
required by law, BonTerra assumes no obligation to update forward-looking
information should circumstances or management's estimates or opinions change.


BonTerra Resources (TSXV:BTR)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024 Plus de graphiques de la Bourse BonTerra Resources
BonTerra Resources (TSXV:BTR)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse BonTerra Resources