BonTerra Completes Drilling the First 10,000 Metres & 40 Drill Holes on the Eastern Extension Property, Quebec
04 Août 2011 - 2:00PM
Marketwired
BonTerra Resources Inc. (TSX VENTURE: BTR) (FRANKFURT: 9BR) (the
"Company", "BonTerra") has completed drilling forty (40) diamond
drill holes on the Eastern Extension (the "Property") totaling
10,112 metres. This drill program commenced in October 2010 and has
continued into July of this year. Over the past year, BonTerra has
submitted a total of approximately 4,300 samples to ALS Chemex of
Val d'Or, Quebec to be assayed for gold. BonTerra currently awaits
gold assays for approximately 1,450 of these samples. An updated
drill map can be accessed by clicking on the link near the base of
this news release.
Of great interest to the Company is BA-11-29. This hole was
deepened after intersecting a mineralized vein zone at the base of
the hole assaying 8.1 metres of 14.17 grams/tonne ("g/t") gold
including a high grade zone of 3.50 metres grading 32.74 g/t and
the highest grade sample BonTerra has received to date, 0.70 metres
at 114.0 g/t gold. The gold values in this paragraph were disclosed
in a news release dated July 12, 2011. This intercept is open at
depth and additional mineralized veins have been identified in the
deepened part of this drill hole with assays pending. The Company
also recently discovered a vein over 10 metres in width for the
first time on the Property.
BonTerra is currently awaiting assays for eight (8) drill holes
at this time as shown by both table 1 and by clinking on the link
to the drill map below. All these drill holes intersected smoky
quartz veins mineralized with sulphides. Visible gold present in
smoky quartz veins has also been noted in the geological drill logs
for five (5) of these drill holes. One of the eight (8) drill holes
with assays pending has visible gold noted in six (6) distinct
smoky quartz veins. These smoky quartz veins are the primary
exploration target and host the vast majority of the high grade
gold zones. The Company is currently prospecting using a beep mat
to aid in finding near surface additional subcropping veins and
drill targets on the Property.
Mitchell Adam, President, states, "Drilling approximately 10,000
metres is a significant milestone for BonTerra. In addition, the
Company has sent over 4,000 samples to be assayed for gold. It
demonstrates the high caliber of the Eastern Extension Property and
the Urban-Barry belt. It also exhibits BonTerra's strong commitment
to advancing this exciting gold property. We look forward to
receiving additional assays and announcing our resource calculation
for the Property later this year."
Link to BonTerra Resources' Drill Program Map, Eastern Extension
Property
http://www.bonterraresources.com/i/maps/2011-08-03-MAP-FOR--10000-Metres-Drilled.jpg
Table 1: Location of the Drill Holes with Assays Pending
----------------------------------------------------------------------------
DDH Northing Easting Depth Azimuth Dip
Number (UTM NAD83) (UTM NAD83) (metres) (degrees) (degrees)
----------------------------------------------------------------------------
BA-11-10 456236 5428225 510.05 158(degrees) -70(degrees)
----------------------------------------------------------------------------
BA-11-25 456140 5428118 351.00 190(degrees) -55(degrees)
----------------------------------------------------------------------------
BA-11-26 456140 5428118 498.10 199(degrees) -55(degrees)
----------------------------------------------------------------------------
BA-11-27 456267 5428273 450.30 160(degrees) -52(degrees)
----------------------------------------------------------------------------
BA-11-28 456163 5428220 399.00 156(degrees) -52(degrees)
----------------------------------------------------------------------------
BA-11-29 456204 5428128 291.28(i) 160(degrees) -50(degrees)
----------------------------------------------------------------------------
BA-11-30 456170 5428259 468.09 174(degrees) -52(degrees)
----------------------------------------------------------------------------
BA-11-31 456191 5428295 495.00 160(degrees) -52(degrees)
----------------------------------------------------------------------------
(i)BA-11-29 was originally drilled 198.10 metres deep but was
extended deeper.
Qualified Person
This technical content of this press release has been reviewed
and accepted by Thomas Clarke, Pr.Sci.Nat. Mr. Clarke is a Director
of BonTerra and a Qualified Person under NI 43-101. The drill
program and sampling is being supervised on behalf of the Company
by Geologica Inc. of Val d'Or, Quebec.
About BonTerra Resources
BonTerra is a Canadian gold exploration company focused
continuing to expand the known gold zone on the Eastern Extension
property, part of the world famous Abitibi Greenstone Belt of
Quebec. BonTerra has a total of four properties in the Urban-Barry
belt, all gold exploration targets. BonTerra's Eastern Extension,
Lavoie, Urban-Barry and Anderson properties are located
approximately 170 km NE of Val-d'Or and 125 km SW of Chibougamau in
the Urban, Barry and Bailly townships in Quebec.
Other Companies Exploring in the Urban-Barry Gold Camp
Neighbouring companies in the region are Metanor, Beaufield,
Eagle Hill, Glen Eagle, Urbana, Amseco, Freewest and Key Gold. The
Company has an option to earn 100% of the Eastern Extension
property from Abitex Resources subject to a 2% NSR.
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 the Company, such as the statement that the Company
may announce a resource calculation for the Property later this
year. There are numerous risks and uncertainties that could cause
actual results and the Company's plans and objectives to differ
materially from those expressed in the forward-looking information,
including: (i) adverse market conditions; (ii) delays with respect
to drill results or preparation of a resource calculation; and
(iii) general uncertainties with respect to mineral exploration in
general. 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, the Company does not intend to update
these forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: BonTerra Resources Inc. Mitchell Adam President,
Director (604) 678-5308 or Toll Free: 1-855-678-5308 (604) 678-5309
(FAX) info@bonterraresources.com www.bonterraresources.com
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