BonTerra to Drill Urban-Barry Township

BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company",
"Bonterra") announces it has retained the services of Geologica Inc. of Val
d'Or, Quebec to oversee and manage the Company's drill program on the 100% owned
Urban-Barry Township Gold property. Since 1985, Geologica Inc. is a diverse
mining exploration consulting company which has worked on over 500 exploration
projects to date. Their clients have included Barrick Gold Corporation, Placer
Dome, Cominco, Teck, SOQUEM, Xstrata, Vale Inco, Kinross Gold Corporation,
Agnico Eagle Mines Limited and Ministry of Natural Resource and Fauna of Quebec.


Geologica will oversee a 2,000 metre drill program of four to eight (8) holes on
the property in the Urban-Barry Greenstone Belt of Quebec. The drill program
will target anomalies defined by completed airborne and ground based geophysics.
The primary target is situated where geophysical anomalies correspond with the
contact between mafic volcanics and sedimentary rocks with several north-south
fault structures with the potential to act as gold traps and controls. 


Additional targets are being identified by field prospecting for areas of
quartz-carbonate veining along with chalcopyrite mineralization. To date one of
these has been discovered. It is the intent of the Company to conduct a campaign
of outcrop stripping and sampling to analyzing the potential for drilling.


The drill targets will test a 3km anomaly, which is hosted in a northeast to
southwest trend. It lays in a parallel fault structure between the known Souart
deposit of Glen Eagle Resources Inc. (currently estimated to be 510,110 tonnes
at 6.2 g/t; non NI 43-101 compliant) and Amseco Exploration Ltd.- Beaufield
Resource Inc.'s Lac Rouleau. Lac Rouleau is currently composed of 544,000 tonnes
at 7.2 g/t (non NI 43-101 compliant). 


BonTerra Resources geologists believe that the magnetic anomaly that runs
through the Urban-Barry property is parallel to the known gold bearing structure
to the north. This northern structure runs from Eagle Hill Exploration Corp.'s
Windfall Lake property (33 metres at 19 g/t as well as a 1,400 metre underground
decline) in the northeast to Metanor Resource Inc.'s non NI 43-101 compliant
Barry Deposit (35,500 Oz gold indicated & 67,600 Oz gold inferred in zones 43
and 45 and in the main zone) in the southwest.


Company President, Mitchell Adam states, "We have recently completed over 80km
of line cutting and interpretation of both our ground and air magnetic surveys,
We are now to the point where the prospecting of the quartz-carbonate veining
has culminated in the development of some outstanding drill targets. We are
firmly of the belief that our first drill program will ensure success to assist
us in outlining the potential of developing a gold bearing deposit."


The 100% owned property is located approximately 170 km NE of Val-d'Or and 125
km SW of Chibougamau in the Urban township in James Bay, Quebec Neighboring
Companies in the region are Amesco, Beafield, BonTerra, Eagle Hill, Glen Eagle,
Metanor, and Urbana.


The technical information in this news release has been prepared in accordance
with the Canadian regulatory requirements set out in National Instrument 43-101
and reviewed on behalf of the Company by Thomas Clarke, Pr.Sci.Nat. a qualified
person.


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