- Bonterra (BTR) has intersected up to 139.5 g/t gold over 0.5 m from ongoing expansion drilling at Gladiator
- The drilling program seeks to expand the size and scope of the project’s gold deposit and supplement the recently updated mineral resource estimate
- Additional highlights include 7.9 g/t gold over 2.2 m including 16.8 g/t gold over 1 m, and 20.6 g/t gold over 0.5 m
- Bonterra is a gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec
- Bonterra (BTR) is down by 0.72 per cent and is currently trading at $1.37 per share
Bonterra (BTR) has intersected up to 139.5 g/t gold over 0.5 m from ongoing expansion drilling at Gladiator.
The drilling program seeks to expand the size and scope of the project’s gold deposit and supplement the recently updated mineral resource estimate.
Assays from 20 expansion diamond drill holes outside the 2021 MRE have been received since September. Highlights include:
- North Dipper: 50 g/t gold over 1.4 m, including 139.5 g/t gold over 0.5 m in hole BA-21-45
- North Dipper: 7.9 g/t gold over 2.2 m, including 16.8 g/t gold over 1 m in hole BA-21-26
- North Dipper: 20.6 g/t gold over 0.5 m in hole BA-21-51
Recent intersections since September 2021
| Hole ID | From (m) | To (m) | Length (m) | Grade (g/t gold) | Zone | |
| BA-21-08 | 271.0 | 272.0 | 1.0 | 1.2 | Main Zone | |
| BA-21-09 | 131.5 | 132.9 | 1.4 | 0.3 | South Titan | |
| BA-21-11B | 96.0 | 97.5 | 1.5 | 1.7 | South Zone | |
| BA-21-13 | 15.5 | 16.0 | 0.5 | 1.4 | North Dipper | |
| 41.0 | 42.0 | 1.0 | 2.1 | North Dipper | ||
| 291.0 | 292.0 | 1.0 | 2.2 | North Dipper | ||
| BA-21-14A | No significant values | |||||
| BA-21-15 | 9.0 | 9.7 | 0.7 | 1.8 | North Dipper | |
| 12.0 | 13.0 | 1.0 | 1.0 | North Dipper | ||
| 55.0 | 55.5 | 0.5 | 2.1 | |||
| 168.8 | 169.3 | 0.5 | 1.3 | North Dipper | ||
| BA-21-17 | 414.5 | 415.5 | 1.0 | 1.1 | North Dipper | |
| 429.0 | 430.0 | 1.0 | 1.3 | North Dipper | ||
| 462.0 | 465.7 | 3.7 | 0.8 | South Zone | ||
| 580.0 | 585.5 | 5.5 | 0.7 | |||
| BA-21-18 | 26.0 | 28.0 | 2.0 | 0.5 | ||
| BA-21-18A | 131.0 | 132.0 | 1.0 | 3.7 | North Dipper | |
| 190.0 | 190.5 | 0.5 | 4.0 | North Dipper | ||
| BA-21-19 | 272.5 | 273.7 | 1.2 | 5.5 | North Dipper | |
| 290.5 | 291.5 | 1.0 | 1.4 | North Dipper | ||
| 465.5 | 466.1 | 0.6 | 2.4 | North Dipper | ||
| 539.5 | 540.0 | 0.5 | 4.7 | North Dipper | ||
| BA-21-21 | 10.0 | 15.0 | 5.0 | 3.0 | North Dipper | |
| Including | 11.7 | 12.7 | 1.0 | 8.6 | North Dipper | |
| 68.0 | 68.7 | 0.7 | 1.5 | North Dipper | ||
| 87.5 | 88.9 | 1.4 | 1.6 | |||
| 160.5 | 162.0 | 1.5 | 1.4 | |||
| BA-21-24 | Results pending | |||||
| BA-21-25 | 22.2 | 22.7 | 0.5 | 6.6 | North Dipper | |
| 81.5 | 82.0 | 0.5 | 8.2 | North Dipper | ||
| 140.9 | 141.4 | 0.5 | 11.2 | North Dipper | ||
| BA-21-26 | 18.6 | 19.9 | 1.3 | 2.7 | North Dipper | |
| Including | 18.6 | 19.1 | 0.5 | 6.6 | ||
| 21.6 | 23.1 | 1.5 | 0.7 | |||
| 30.8 | 33.0 | 2.2 | 7.9 | North Dipper | ||
| Including | 31.3 | 32.3 | 1.0 | 16.8 | ||
| 39.8 | 41.3 | 1.5 | 6.0 | North Dipper | ||
| Including | 39.8 | 40.3 | 0.5 | 16.6 | ||
| 111.1 | 121.4 | 10.3 | 1.0 | North Dipper | ||
| 130.0 | 131.0 | 1.0 | 1.1 | |||
| BA-21-29 | No significant values | |||||
| BA-21-31 | Results pending | |||||
| BA-21-32 | 24.0 | 24.5 | 0.5 | 15.5 | North Dipper | |
| 36.0 | 37.0 | 1.0 | 0.7 | North Dipper | ||
| 43.8 | 46.1 | 2.3 | 0.6 | North Dipper | ||
| 47.6 | 49.3 | 1.7 | 0.5 | |||
| 178.0 | 178.5 | 0.5 | 0.9 | North Dipper | ||
| BA-21-33 to 37 | Results pending | |||||
| BA-21-38 | 177.5 | 178.5 | 1.0 | 2.1 | North Dipper | |
| 180.8 | 198.0 | 17.2 | 1.0 | Main Zone | ||
| Including | 196.1 | 196.8 | 0.7 | 11.5 | ||
| 207.0 | 208.0 | 1.0 | 0.7 | Main Zone | ||
| 300.0 | 300.7 | 0.7 | 1.0 | North Dipper | ||
| BA-21-39 to 43 | Results pending | |||||
| BA-21-44 | 13.4 | 14.8 | 1.4 | 4.3 | North Dipper | |
| Including | 13.4 | 13.9 | 0.5 | 11.1 | ||
| 30.6 | 32.7 | 2.1 | 0.5 | South Zone | ||
| 37.2 | 38.4 | 1.2 | 2.5 | South Zone | ||
| BA-21-45 | 83.9 | 85.4 | 1.5 | 2.3 | North Dipper | |
| 107.0 | 108.4 | 1.4 | 50.0 | North Dipper | ||
| Including | 107.0 | 107.5 | 0.5 | 139.5 | ||
| BA-21-46 | 80.0 | 81.0 | 1.0 | 1.0 | North Dipper | |
| 165.1 | 166.1 | 1.0 | 0.8 | North Dipper | ||
| 277.5 | 278.0 | 0.5 | 5.9 | North Dipper | ||
| BA-21-47 | 23.0 | 23.5 | 0.5 | 9.0 | North Dipper | |
| 101.3 | 101.8 | 0.5 | 11.7 | North Dipper | ||
| BA-21-48 | 128.5 | 129.8 | 1.3 | 0.6 | North Zone | |
| 136.0 | 138.0 | 2.0 | 1.7 | North Zone | ||
| 138.5 | 139.2 | 0.7 | 0.5 | North Zone | ||
| 141.0 | 142.0 | 1.0 | 0.7 | North Zone | ||
| 176.5 | 178.0 | 1.5 | 0.8 | North Dipper | ||
| BA-21-49 | Anomalous values | |||||
| BA-21-50 to 51 | Results pending | |||||
| BA-21-51A | 22.6 | 23.1 | 0.5 | 20.6 | North Dipper | |
| 67.5 | 69.3 | 1.8 | 4.4 | North Dipper | ||
| Including | 68.8 | 69.3 | 0.5 | 12.2 | North Dipper | |
| 86.2 | 86.9 | 0.7 | 7.4 | Main Zone | ||
| 94.2 | 96.4 | 2.2 | 1.3 | Main Zone | ||
| 322.5 | 323.0 | 0.5 | 1.3 | North Dipper | ||
| 332.4 | 332.9 | 0.5 | 8.1 | North Dipper |
The recent drilling has intersected the up-dip extension of several North Dipper zones associated with the Main Zone Corridor.
The Gladiator Deposit consists of a set of shear-hosted sub-vertical quartz veins oriented at 60 degrees azimuth and spatially associated with felsic dykes. The zones named spatially from the north-northwest to the south-southeast are as follows: The North Zone, Footwall Zone and the Main Zone.
Pascal Hamelin, Bonterra’s CEO, stated,
“These recent drill results confirm additional occurrences and extensions of high-grade north-dipping structures outside of the existing 2021 MRE at Gladiator. Drill rigs at Gladiator have been moved onto land for the winter months to focus on deeper drilling to test new targets.”
Bonterra is a gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec.
Bonterra (BTR) is down by 0.72 per cent and is currently trading at $1.37 per share as of 9:30 am ET.
