BonTerra's Hole BA-11-34A on its Quebec Eastern Extension Property Assays Gold from 82 to 657 Metres Depth
12 Décembre 2011 - 1:00PM
Marketwired Canada
BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company",
"BonTerra") has received assays for BA-11-34A from the drill program on its
Eastern Extension property (the "Property"). Gold was first observed at 82
metres down-hole with the deepest notable mineralization being observed at 657
metres down-hole. This drill hole was drilled on the far eastern section on the
Property with future work planned to ascertain an extension of the strike
further to the east.
Significant gold assays are outlined in table 1. Table 2 outlines the collar
details of the drill hole disclosed in this news release. These widths are not
true widths but down hole lengths.
Table 1: Significant assays for BA-11-34A
----------------------------------------------------------------------------
From To Length Gold Grade
DDH Number (metres) (metres) (metres) (grams/tonne)
----------------------------------------------------------------------------
BA-11-34A 82.00 83.00 1.00 5.59
----------------------------------------------------------------------------
BA-11-34A 208.00 211.00 3.00 0.90
----------------------------------------------------------------------------
Including 208.00 210.00 2.00 1.16
----------------------------------------------------------------------------
BA-11-34A 259.00 260.00 1.00 0.91
----------------------------------------------------------------------------
BA-11-34A 315.00 329.00 14.00 4.31
----------------------------------------------------------------------------
Including 315.00 316.00 1.00 1.79
----------------------------------------------------------------------------
Including 319.00 321.80 2.80 18.91
----------------------------------------------------------------------------
Including 319.00 321.00 2.00 24.78
----------------------------------------------------------------------------
Including 327.00 329.00 2.00 2.31
----------------------------------------------------------------------------
BA-11-34A 345.00 346.00 1.00 2.37
----------------------------------------------------------------------------
BA-11-34A 382.80 384.00 1.20 1.40
----------------------------------------------------------------------------
BA-11-34A 428.00 429.00 1.00 2.20
----------------------------------------------------------------------------
BA-11-34A 535.50 536.50 1.00 29.80
----------------------------------------------------------------------------
BA-11-34A 635.00 636.00 1.00 1.21
----------------------------------------------------------------------------
BA-11-34A 635.00 639.00 4.00 1.13
----------------------------------------------------------------------------
BA-11-34A 637.00 637.50 0.50 4.70
----------------------------------------------------------------------------
BA-11-34A 642.00 646.00 4.00 0.77
----------------------------------------------------------------------------
BA-11-34A 643.00 644.00 1.00 1.66
----------------------------------------------------------------------------
BA-11-34A 651.50 652.50 1.00 1.14
----------------------------------------------------------------------------
BA-11-34A 656.00 657.00 1.00 7.32
----------------------------------------------------------------------------
Mitchell Adam, President states, "Intercepting gold mineralization to
approximately 600 vertical metres of depth in this hole is the latest in a list
of drilling successes for BonTerra on our Eastern Extension gold property.
Having done a Mag survey and IP survey last season bodes very well for winter
ice drilling on this target which may add to the size and scope of the potential
of the project."
Qualified Person
This technical content of this press release has been reviewed and accepted by
Thomas Clarke, Pr.Sci.Nat., a Director of BonTerra. Mr. Clarke is a Qualified
Person under NI 43-101.
These are sample results, taken from mineralized intervals of the drill holes.
Depths and lengths are core lengths and not true widths and possibly down dip at
times or otherwise non perpendicular. True widths will become clear once the
lake freezes allowing the Company to complete a series of drill holes collared
on the ice drilling towards the north. Due to geographic limitations, management
believes the Company must drill the Property in this way during the summer
months. The gold intercepts disclosed in this news release are significant gold
intercepts and not all the samples submitted for fire assay. Samples were
submitted to ALS Laboratories ("ALS") of Val d'Or, Quebec and AGAT Laboratories
("AGAT") in Sudbury, Ontario for crushing, pulverizing and fire-assay for gold.
Samples fire-assaying greater than 10 grams per tonne gold are then fire-assayed
with a gravimetric finish to establish the gold grade. Assay samples are taken
from drill core, sawed in half along the core axis. One half is sent to ALS and
AGAT and the other half retained by the Company for future reference. The
Company applies a full quality assurance and quality control program (QAQC)
system for every batch of samples submitted to the lab (gold standard, sample
duplicate and blank).
Table 2: Collar Details for BA-11-34A
----------------------------------------------------------------------------
Total
DDH East North Elevation Depth Azimuth Dip
ID UTM NAD83 UTM NAD83 (metres) (metres) (degrees) (degrees)
----------------------------------------------------------------------------
BA-11-34A 456259.1 5428288.4 397 663.02 139.84 -67.5
----------------------------------------------------------------------------
About BonTerra Resources
BonTerra is a Canadian gold exploration company focused on continuing to expand
the drill defined gold zones on its Eastern Extension property, part of the
world famous Abitibi Greenstone Belt in mining friendly Quebec. BonTerra has a
total of three gold properties in the Urban-Barry belt, the Eastern Extension,
Lavoie and Urban-Barry properties which 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.
BonTerra 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: (i) This drill hole was drilled on the far eastern section on the
Property with future work planned to extend the strike further to the east; (ii)
we are awaiting assays for three final deep drill holes. These will be released
once they are received; (iii) True widths will become clear once the lake
freezes allowing the Company to complete a series of drill holes collared on the
ice drilling towards the north. Drilling from the land to the north is not a
representative of true width although due to geographic conditions the Company
must drill the Property in this way; and (iv) believes that the cumulative total
of all drilling will begin to add considerable value for the Company's
shareholders . 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.
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