Bonterra Resources Inc. - President, Director, and CEO, Marc André Pelletier
President, Director, and CEO, Marc André Pelletier
Source: Bonterra.
  • Bonterra (BTR) has intersected up to 305 g/t gold at its Gladiator Project in Quebec
  • Recent drilling confirms the deposit’s down-plunge potential over 300 m from the mineral resource envelope
  • The company remains confident in the project’s growth potential
  • Bonterra is a gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec
  • Bonterra (BTR) is up by 0.88 per cent trading at $1.14 per share

Bonterra (BTR) has intersected up to 305 g/t gold at its Gladiator Project in Quebec.

Ongoing drilling seeks to expand the size and scope of the Gladiator gold deposit and supplement the June, 2021 mineral resource estimate (MRE).

Recent drilling confirms the deposit’s down-plunge potential over 300 m from the mineral resource envelope.

Highlights include:

  • North Dipper: 69.5 g/t gold over 2.2 m, including 305 g/t gold over 0.5 m in hole BA-22-01
  • North Zone: 28.1 g/t gold over 2.9 m, including 162 g/t gold over 0.5 m in hole BA-21-60
  • North Zone: 13.1 g/t gold over 1.5 m, including 37.7 g/t gold over 0.5 m in hole BA-21-53A

The company is working on an exploration ramp at Gladiator to explore the high-grade mineralization encountered at depth year-round. It will begin construction in early 2023.

“These recent drill results confirm the potential to add more resources at depth at Gladiator. Recent drilling along strike and down dip to the east has extended the gold mineralization over 2,000 m along strike and 1,200 m below surface,” stated Marc-Andre Pelletier, Bonterra’s CEO. “The Gladiator deposit remains our flagship asset and demonstrates strong potential for continued growth.”

Bonterra is a gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec.

Bonterra (BTR) is up by 0.88 per cent trading at $1.14 per share as of 9:53 am EST.

More From The Market Online

Usha Resources begins phase 4 fieldwork at White Willow Project

Usha Resources (TSXV:USHA) has begun the fourth phase of fieldwork at its White Willow Lithium Project in Ontario following phase 3 work.

Alamos and Argonaut merge to create one of Canada’s largest gold mines

Alamos Gold (TSX:AGI) announces it will acquire all of the issued and outstanding shares of Argonaut Gold (TSX:AR) in a friendly takeover.