BonTerra Resources Enters Into Letter of Intent With Gold Royalties Corporation

BonTerra Resources Inc. (TSX VENTURE:BTR)(OTCBB:BONXF)(FRANKFURT:9BR) (the
"Company" or "BonTerra") is pleased to announce that it has entered into an
exclusive non-binding letter of intent (the "LOI") with Gold Royalties
Corporation (TSX VENTURE:GRO) ("Gold Royalties") to sell a 1% net smelter return
royalty interest (the "NSR") on the Eastern Extension Gold Property, located in
Urban Barry Township near historic Val D'Or, Quebec. The terms of the LOI
stipulate that Gold Royalties will purchase the NSR for 1,000,000 common shares
of Gold Royalties (the "Share Consideration") at a deemed price of $0.50 per
Gold Royalties Share (the "Transaction").


Closing of the Transaction, which is expected to occur on or before November 15,
2013 is subject to certain conditions, including execution of a binding
definitive agreement (the "Definitive Agreement") and the approval of the TSX
Venture Exchange (the "TSXV"). One-half of the Share Consideration will be
provided to BonTerra at Closing, with the balance of the Share Consideration
provided to BonTerra six months from the date of Closing. All securities issued
will be subject to the standard TSXV 4 month hold period.


BonTerra President and CEO, Nav Dhaliwal, states: "Gold Royalties has presented
the Company with a unique partnership and strategy to continue to develop our
Eastern Extension Property. Gold Royalties recently made its royalty entry into
the Urban-Barry Gold Camp earlier this year when it acquired a 1% NSR royalty on
the Barry Gold Deposit operated by Metanor Resources Inc. This is the first of
many steps we, at the Company, are striving to make to clean up our balance
sheet, service our existing debts and finance the Company in order to continue
to develop what we feel to be a world class asset in a challenging gold market."


About the Eastern Extension Gold Deposit the Gold Royalty Interest

The Eastern Extension Gold Deposit (the "Property") has an inferred resource of
492,000 ounces of gold comprising 4,337,000 tonnes grading 3.53 g/t (see
BonTerra Resources news release dated July 27, 2012). The Property is located
approximately 170 kilometers northeast of Val d'Or, Quebec and is within the
emerging Urban-Barry Gold Camp.


The new royalty interest will cover 23 mineral claims containing the deposit as
well as a broader land package comprising the Eastern Extension project, with
royalty coverage approaching 869 acres.


In addition to the Eastern Extension Gold Deposit being moved forward by
BonTerra Resources, Eagle Hill Exploration Corp. is advancing a significant
high-grade gold project located on its Windfall Lake Property, located a mere 8
kilometers north of the Eastern Extension Property.


About BonTerra Resources

BonTerra is a Canadian gold exploration company based in Vancouver, BC focused
on continuing to expand its NI 43-101 compliant gold resource 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.


The Company owns 100% of the Property subject to a 2% NSR which is held by three
individuals. 1% of the NSR can be purchased for a sum of $500,000.


For further info on the Company, please visit www.bonterraresources.com or email
info@bonterraresources.com.


ON BEHALF OF THE BOARD

BONTERRA RESOURCES INC.

Nav Dhaliwal, President, Chief Executive Officer

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.


The information in this news release includes certain information and statements
about management's view of future events, expectations, plans and prospects that
constitute forward looking statements. These statements are based upon
assumptions that are subject to significant risks and uncertainties. Because of
these risks and uncertainties and as a result of a variety of factors, the
actual results, expectations, achievements or performance may differ materially
from those anticipated and indicated by these forward looking statements.
Although BonTerra believes that the expectations reflected in forward-looking
statements are reasonable, it can give no assurances that the expectations of
any forward-looking statements will prove to be correct. The forward looking
statements contained in this press release are made as of the date hereof and
BonTerra undertakes no obligations to update publicly or revise any forward
looking statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
BonTerra Resources Inc.
Nav Dhaliwal
President, Chief Executive Officer
(604) 678-5308
info@bonterraresources.com
www.bonterraresources.com
BonTerra Resources (TSXV:BTR)
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