BonTerra Receives Channel Sample Assays up to 7.27 gpt Gold on Eastern Extension Property
14 Octobre 2010 - 9:01AM
Marketwired Canada
BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company",
"BonTerra") announces the receipt of the first set of gold assays for its
ongoing channel sampling program on its Eastern Extension Property in the
Urban-Barry Greenstone Belt of Quebec. Gold values on the 7 samples submitted to
ALS returned gold values as high as 7.27 grams per ton. Assays were conducted by
ALS Chemex in Val d'Or, Quebec. The first series of channel samples have been
received and are shown by the following table. After reviewing the first assay
results, the company is enthusiastic regarding drilling this target as well as
others as defined by the ongoing channel sampling program.
----------------------------------------------------------------------------
Sample Gold
Number Sample Type Rock Type Sample Length (g/t)
----------------------------------------------------------------------------
J731100 Channel Sample Quartz Vein 80cm 2.230
----------------------------------------------------------------------------
J731101 Channel Sample Quartz Vein 40cm 5.430
----------------------------------------------------------------------------
J731102 Channel Sample Gabbro 40cm 3.470
----------------------------------------------------------------------------
J731103 Grab Sample Gabbro N/A 0.214
----------------------------------------------------------------------------
J731104 Channel Sample Gabbro 30cm 0.169
----------------------------------------------------------------------------
J731105 Channel Sample Gabbro and Quartz Vein 30cm 7.270
----------------------------------------------------------------------------
J731106 QAQC Sample Duplicate N/A
----------------------------------------------------------------------------
J731107 QAQC Sample Standard N/A
----------------------------------------------------------------------------
J731108 QAQC Sample Blank N/A
----------------------------------------------------------------------------
J731109 Channel Sample Quartz Vein 40cm 0.035
----------------------------------------------------------------------------
BonTerra's recent work has included ground mag, air mag, and channel sampling
with the sole focus to define gold bearing drill targets. Diamond drilling will
commence on the targeted area following the receipt of the drill permits, which
are expected, from the government of Quebec shortly. The rig is currently
mobilized on standby on the Urban Barry property and will commence drilling hole
4 (BU-10-04) of the current campaign on the Eastern Extension Property.
Geologica is currently logging and splitting core from holes 1-3 (BU-10-01 to
BU-10-03) and will be shipped to ALS Chemex of Val d'Or in the next few days.
Geologica Inc. of Val d'Or, Quebec is responsible for overseeing the drill and
channel sampling program on behalf of the Company.
The Eastern Extension property has numerous non NI 43-101 compliant high grade
drill intercepts. The historical drill intercepts were drilled by Xemac
Resources in 1997, 1998 and 2001. BonTerra plans on twinning some of these
historical drill holes in compliance with NI 43-101. In addition to this,
BonTerra plans on drilling new zones defined by the channel sampling program. A
selection of these historical non NI 43-101 compliant intercepts are in the
table below.
----------------------------------------------------------------------------
Historical Drill Intercepts (Non NI 43-101 Compliant) Zone 2- Eastern
Extension Property
----------------------------------------------------------------------------
DRILL HOLE
(DDH) FROM (m) To (m) LENGTH (M) GOLD (grams / tonne)
----------------------------------------------------------------------------
BL-97-06 31.24 34.32 3.08 32.05
----------------------------------------------------------------------------
BL-97-09 66.45 67.21 0.76 11.57
----------------------------------------------------------------------------
BL-97-13 57.15 59.19 2.04 20.58
----------------------------------------------------------------------------
BL-97-16 15.45 28.04 12.59 12.65
----------------------------------------------------------------------------
BL-97-17 24.08 26.06 1.98 17.56
----------------------------------------------------------------------------
Mitchell Adam, President, states, "The assays received on the channel sampling
are of a tremendous benefit to the team as we work to define the extent of the
system identified in 1997. We are of the belief that the Urban Barry Property
and the Eastern Extension property acquired from Abitex Resources sits within a
very well mineralized system and have the utmost confidence in our geological
team and drill contractors to ensure our shareholders success."
The Eastern Extension property is located approximately 170 km NE of Val-d'Or
and 125 km SW of Chibougamau in the Barry and Bailly townships in James Bay,
Quebec. Neighboring Companies in the region are Metanor, Amseco, Beaufield,
Eagle Hill, Glen Eagle, Urbana and Freewest, Murgor and Noront.
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
BonTerra Resources (TSXV:BTR)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
BonTerra Resources (TSXV:BTR)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024