- Bonterra Resources Inc. (BTR) has released the latest results from nine diamond drill holes at the Barry project
- Highlights from the most recent results include 11.3 g/t gold over 2.2 metres
- The holes are part of a drilling campaign to explore the property’s three main gold deposits and expand the current mineral resource estimate
- Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec
- Bonterra Resources Inc. (BTR) is currently down 3.25 per cent, trading at $1.19 per share
Bonterra Resources Inc. (BTR) has released the latest results from nine diamond drill holes at the Barry project.
The holes are part of a drilling campaign to explore the property’s three main gold deposits and expand the current mineral resource estimate.
The three main mineralized zones form a series of structures that the company calls the “H-Series.” These zones remain open across the Barry deposit and are characterized by visible gold veins in the rock.
Currently, drilling is ongoing at a rate of 10,000 metres per month. Highlights from the most recent results include 11.3 g/t gold over 2.2 metres.
“Today’s drill results of the H series reinforce the expansion potential we see across the entire Barry project,” said Bonterra CEO Pascal Hamelin.
“More assay results are expected from Barry in the coming months,” he added, “as a backlog of pending results are returned from the laboratory and from the ongoing drilling campaign of expansion targets, which remain open in all directions.”
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec.
The company has four main assets, Gladiator, Barry, Moroy, and Bachelor, that collectively have a total of 1.24 million ounces in the measured and indicated categories.
Bonterra is focused on graduating from advanced exploration to a development company over the next 18-24 months to deliver shareholder value.
Bonterra Resources Inc. (BTR) is currently down 3.25 per cent, trading at $1.19 per share as of 12:10 am ET.
