BonTerra Expands Eastern Extension With Discovery of a New Gold Zone
VANCOUVER, BC -- (Marketwire) -- 02/17/11 -- BonTerra Resources Inc.
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BONTERRA RESOURCES INC.
Suite 4006 - 1011 West Cordova Street
Vancouver, British Columbia, V6C 0B2
Telephone: (604) 678-5308
TSX.V SYMBOL - BTR
FSE SYMBOL - 9BR
BonTerra Resources Inc. (TSX-V: BTR) (FRANKFURT: 9BR) (the 'Company',
'BonTerra') has received assays for the first six holes of the 2011 drill
program on its 100% owned Eastern Extension Gold Project ('the
Property'). The Property is located 170km northeast of Val d'Or, Quebec
in the Abitibi Greenstone Belt.
*All of the 6 completed holes intercepted altered smoky quartz-carbonate
veins mineralized with sulphides and assayed for gold.
*The highlight of these holes was the discovery of a new gold zone,
named the Peninsula Zone. The Peninsula zone is contiguous with
previously
identified gold zones on the property and therefore extends the strike
of the
mineralized envelope to the west. Holes BA-11-05 and BA-11-06 intercepted
this
new zone. As shown in the table below, there is persistent gold in this
newly
discovered zone.
*BA-11-05 assayed 14.00 metres of 8.01 grams/tonne ('g/t') gold (0.23
Oz/ton) including 3.33 metres of 27.60 g/t (0.81 Oz/ton).
*BA-11-06 assayed 13.00 metres of 7.00 g/t gold (0.20 Oz/ton) including
4.00 metres of 17.02 g/t (0.50 Oz/ton).
*Also of interest was BA-11-01 which assayed 7.00 metres of 10.00 g/t
gold (0.29 Oz/ton) including 2.79 metres of 20.79 g/t (0.61 Oz/ton).
Gold
mineralization in this hole has extended the strike of the mineralized
envelope
to the east.
*Currently the gold zone on the Eastern Extension is open to the east,
the west and down dip. Historical drilling defined the zone as having a
strike
of 650 metres long to a vertical depth of over 365 metres.
*Significant gold intercepts are outlined in table 1 below.
Table 1
---------- ------------- ----------- ------------- ------------ ---------
|Drill Hole|From (metres)|To (metres)| Length | Gold | Gold |
| | | | (metres) | (g/t) | (Oz/t) |
---------- ------------- ----------- ------------- ------------ ---------
|BA-11-01 | 53.00| 60.00| 7.00| 10.00| 0.29|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 56.21| 59.00| 2.79| 20.79| 0.61|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 57.00| 58.00| 1.00| 31.20| 0.91|
---------- ------------- ----------- ------------- ------------ ---------
|BA-11-01 | 118.00| 124.48| 6.48| 7.60| 0.22|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 120.00| 121.00| 1.00| 33.50| 0.98|
---------- ------------- ----------- ------------- ----- ------ ---------
|BA-11-05 | 57.33| 71.33| 14.00| 8.01| 0.23|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 68.00| 71.33| 3.33| 27.60| 0.81|
---------- ------------- ----------- ------------- ---- ------- ---------
|Including | 68.00| 69.20| 1.20| 42.30| 1.23|
---------- ------------- ----------- ------------- ------------ ---------
|BA-11-06 | 199.50| 212.50| 13.00| 7.00| 0.20|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 205.00| 212.50| 7.50| 10.64| 0.31|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 205.00| 209.00| 4.00| 17.02| 0.50|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 205.00| 207.40| 2.40| 19.49| 0.57|
---------- ------------- ----------- ------------- ------------ ---------
|BA-11-06 | 161.70| 171.50| 9.80| 4.49| 0.13|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 161.70| 164.00| 2.30| 12.10| 0.35|
---------- ------------- ----------- ------------- ------------ ---------
|Including | 163.20| 164.00| 0.80| 25.70| 0.75|
---------- ------------- ----------- ------------- ------------ ---------
President, Mitchell Adam, states, 'Discovering the new peninsula zone is a
great
way to kick off the 2011 drill program. We look forward to receiving assays
from
many more holes as we continue to aggressively drill the property this
winter.'
BonTerra's current work program has two objectives. The first is to
continue
expanding the size of the gold zones on the Property through diamond
drilling.
The second aim of the Company to begin conducting a ground based magnetic
survey
and induced polarity survey ('IP') on the Property. The magnetics and IP
will
better define the known gold zones as well as to discover additional
drill
targets on the property.
Qualified Person
This press release has been reviewed by Thomas Clarke, Pr.Sci.Nat., a
Director
of BonTerra. Mr. Clarke is 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. These are sample results, taken
from
mineralized zones of the drill hole. Depths and lengths are core lengths
and not
true widths. Samples were submitted to ALS Chemex of Val d'Or,
Quebec for
crushing, pulverizing, fire-assay for gold as well as multi element
ICPMS.
Samples fire-assaying greater than 10 grams per tonne gold are then fire-
assayed
with a gravimetric finish. Assay samples are taken from drill core,
sawed in
half along the core axis; one half is sent to ALS Chemex Laboratories
and the
other half retained for future reference. The Company applies a full
quality
assurance and quality control (QAQC) system for every batch of samples
submitted
to the lab. The QAQC samples include a standard, duplicate and blank.
About BonTerra
BonTerra is a Canadian gold exploration company focused continuing to
expand the
known gold zone on its 100% owned 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.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/ Mitchell Adam
Mitchell Adam
President, Director
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.
--- End of Message ---
BonTerra Resources Inc.
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Source: BonTerra Resources Inc. via Thomson Reuters ONE
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For further information contact:
Email Contact
www.bonterraresources.com
Tel: (604) 678-5308
Fax: (604) 678-5309
Toll Free: 1-855-678-5308