[Marinir] {Spam? 3.29} {Disarmed} BTR drills 10, 000 metres in Quebec
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Thu Aug 4 16:28:28 CEST 2011
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http://www.bonterraresources.com/s/Home.asp
BONTERRA COMPLETES DRILLING THE FIRST 10,000 METRES & 40 DRILL HOLES ON
THE EASTERN EXTENSION PROPERTY, QUEBEC
BonTerra Resources Inc. (TSX Venture Exchange: BTR
http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=BTR®ion=C&lookup=symbol&snapshot=default
, FSE: 9BR) 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
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
Number Northing
(UTM NAD83) Easting
(UTM NAD83) Depth
(metres) Azimuth
(degrees) Dip
(degrees)
BA-11-10 456236 5428225 510.05 158 -70
BA-11-25 456140 5428118 351.00 190 -55
BA-11-26 456140 5428118 498.10 199 -55
BA-11-27 456267 5428273 450.30 160 -52
BA-11-28 456163 5428220 399.00 156 -52
BA-11-29 456204 5428128 291.28* 160 -50
BA-11-30 456170 5428259 468.09 174 -52
BA-11-31 456191 5428295 495.00 160 -52
*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
Québec.
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.
/s/ Mitchell Adam
Mitchell Adam
President, Director
For further information contact:
info at bonterraresources.com
www.bonterraresources.com
http://www.bonterraresources.com
Tel: (604) 678-5308
Fax: (604) 678-5309
Toll Free: 1-855-678-5308
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.
For more information about this service, please see:
www.infostockbiz.com
http://www.infostockbiz.com
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