BonTerra Resources Inc.: BonTerra Assays as High as 44.80 g/t Gold in Quebec
VANCOUVER, BC -- (Marketwire) -- 11/21/11 --
BonTerra Resources Inc.: BONTERRA ASSAYS AS HIGH AS 44.80 G/T GOLD IN QUEBEC
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Suite 4006 - 1011 West Cordova Street
Vancouver, B.C. V6C 0B2
Telephone: (604) 678-5308
Fax: (604) 678-5309
TSXV : BTR
FSE : 9BR
Vancouver, BC - November 21, 2011: BonTerra Resources Inc. (TSX.V: BTR; FSE:
9BR) (the 'Company', 'BonTerra') has received assays for three (3) drill holes
from the 2011 drill program on its Eastern Extension property (the
'Property').
The highlight of these drill holes is BA-11-32. This drill hole demonstrated
persistent gold mineralization present in a series of mineralized quartz
veins.
Two of the mineralized veins host visible gold.
Notable in hole BA-11-32 is the presence of three distinct high grade veins.
The
best samples for these three vein systems range from 11.25 grams/tonne ('g/t')
gold in the upper most vein, 15.25 g/t in the middle vein and 44.80 g/t gold
in
the deepest vein. The sample with the highest gold grade is in the deepest of
these three veins. BonTerra is now awaiting the final lab samples from the
2011
drill campaign and is aggressively working on a new NI 43-101 inferred
resource
calculation.
The Company is currently awaiting a budget for the upcoming 2012 winter drill
program which will benefit the Company to drill perpendicularly into the large
magnetic high under Lac Barry, the Peninsula Zone discovered by BA-11-06. To
date the Company has drilled four holes from the shore to hit this area.
Drilling on the ice will enable BonTerra to both drill shorter holes as well
as
to determine the true widths of the veins which combine to form the Peninsula
Zone.
Significant gold assays are outlined in table 1. Table 2 outlines the collar
details of the three (3) drill holes disclosed in this news release.
Table 1: Significant assays for BA-11-32, BA-11-33 and BA-11-34
----------- ---------- ---------- ---------- ---------------
| DDH | From | To | Length | Gold Grade |
| Number | (metres) | (metres) | (metres) | (grams/tonne) |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 151.50 | 152.50 | 1.00 | 3.36 |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 165.00 | 167.00 | 2.00 | 6.89 |
----------- ---------- ---------- ---------- ---------------
| Including | 166.00 | 167.00 | 1.00 | 11.55 |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 202.70 | 209.00 | 6.30 | 0.98 |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 270.00 | 272.00 | 2.00 | 4.29 |
----------- ---------- ---------- ---------- ---------------
| Including | 270.00 | 271.00 | 1.00 | 7.66 |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 317.00 | 323.00 | 6.00 | 1.53 |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 386.00 | 387.00 | 1.00 | 1.07 |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 478.00 | 485.00 | 7.00 | 3.57 |
----------- ---------- ---------- ---------- ---------------
| Including | 480.00 | 484.00 | 4.00 | 5.96 |
----------- ---------- ---------- ---------- ---------------
| Including | 480.00 | 481.00 | 1.00 | 15.25 |
----------- ---------- ---------- ---------- ---------------
| BA-11-32 | 523.00 | 530.00 | 7.00 | 6.67 |
----------- ---------- ---------- ---------- ---------------
| Including | 523.00 | 524.00 | 1.00 | 44.80 |
----------- ---------- ---------- ---------- ---------------
| BA-11-33 | 345.00 | 348.00 | 3.00 | 2.49 |
----------- ---------- ---------- ---------- ---------------
| Including | 347.00 | 348.00 | 1.00 | 4.51 |
----------- ---------- ---------- ---------- ---------------
| BA-11-34 | 21.00 | 22.00 | 1.00 | 2.18 |
----------- ---------- ---------- ---------- ---------------
| BA-11-34 | 259.00 | 260.00 | 1.00 | 1.56 |
----------- ---------- ---------- ---------- ---------------
Mitchell Adam, President states, 'We invite shareholders and all interested to
visit us in the core shack and view some of our core bearing high grade gold
at
the Quebec City Exploration Conference November 21-24.'
Geological Characteristics of the Gold Bearing Veins on the Eastern Extension
The target for all drilling on the Eastern Extension property is smoky quartz
veins mineralized with sulphides (pyrite, pyrrhotite, chalcopyrite, sphalerite
±
visible gold). Sulphides commonly compose 1-10% of the mineralized zones and
can
be as high as 50% locally. Alteration is most commonly silica, carbonate,
chlorite, tourmaline, sericite and epidote. The combination of quartz veins,
tourmaline, alteration types and sulphides is ideal for gold mineralization in
the area. Sphalerite present in the quartz veins appears to be associated with
the highest grade gold zones on the Property to date.
Qualified Person
This technical content of this press release has been reviewed and accepted by
Thomas Clarke, Pr.Sci.Nat., a Director of BonTerra. Mr. Clarke is a Qualified
Person under NI 43-101.
These are sample results, taken from mineralized intervals of the drill holes.
Depths and lengths are core lengths and not true widths. Gold intercepts
disclosed in this news release are significant gold intercepts and not all the
samples submitted for fire assay. Samples were submitted to ALS Laboratories
('ALS') of Val d'Or, Quebec and AGAT Laboratories ('AGAT') in Sudbury, Ontario
for crushing, pulverizing and fire-assay for gold. Samples fire-assaying
greater
than 10 grams per tonne gold are then fire-assayed with a gravimetric finish
to
establish the gold grade. Assay samples are taken from drill core, sawed in
half
along the core axis. One half is sent to ALS and AGAT and the other half
retained by the Company for future reference. The Company applies a full
quality
assurance and quality control program (QAQC) system for every batch of samples
submitted to the lab (gold standard, sample duplicate and blank).
Description of the Drill Targets
BA-11-32 was drilled along the section of BA-10-02 in order to validate gold
mineralization at approximately 525 metres in vertical depth. BA-11-33 was
drilled on section BA-11-10 to validate gold mineralization at a vertical
depth
of 360 metres. BA-11-34 was drilled on the far eastern section (BA-11-27) to
validate gold mineralization at 420 metres vertical depth. This azimuth of
this
drill hole deviated which led BonTerra to abandon this hole and drill a second
hole next to it, BA-11-34A.
Table 2: Collar Details for BA-11-32, BA-11-33 and BA-11-34
-------- --------- --------- --------- -------- --------- ---------
| DDH | East | North |Elevation| Total | Azimuth | Dip |
| ID |UTM NAD83|UTM NAD83|(metres) | Depth |(degrees)|(degrees)|
| | | | |(metres)| | |
-------- --------- --------- --------- -------- --------- ---------
|BA-11-32| 456152 | 5428164 | 390.00 | 542.88 | 155.00 | -65 |
-------- --------- --------- --------- -------- --------- ---------
|BA-11-33| 456240 | 5428219 | 390.00 | 468.09 | 155.00 | -60 |
-------- --------- --------- --------- -------- --------- ---------
|BA-11-34| 456257 | 5428295 | 390.00 | 294.69 | 145.00 | -65 |
-------- --------- --------- --------- -------- --------- ---------
About BonTerra Resources
BonTerra is a Canadian gold exploration company focused on continuing to
expand
the drill defined gold zones on its Eastern Extension property, part of the
world famous Abitibi Greenstone Belt in mining friendly Quebec. BonTerra has a
total of three gold properties in the Urban-Barry belt, the Eastern Extension,
Lavoie and Urban-Barry properties which 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.
BonTerra has an option to earn 100% of the Eastern Extension property from
Abitex Resources subject to a 2% NSR.
Neighbouring Companies in the Urban-Barry Gold Camp
Metanor Resources' Barry Mine Property (NI 43-101 Compliant Resource)
7,701,000 metric tonnes @ 1.29 g/t totaling 309,500 ounces gold indicated
10,411,000 metric tonnes @ 1.65 g/t totaling 471,950 ounces of gold inferred
Eagle Hill Resources' Windfall Lake Property (NI 43-101 Compliant Resource)
1,144,000 metric tonnes @ 9.10 g/t totaling 344,000 ounces gold indicated
1,690,000 metric tonnes @ 6.70 g/t totaling 364,000 ounces gold inferred
Other companies in the region near BonTerra Resources are Amseco Resources,
Beaufield Resources, Glen Eagle Resources, Urbana Resources, Freewest
Resources
and Key Gold.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/ Mitchell Adam
Mitchell Adam
President, Director
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: (i) is now considering deepening several drill holes in the future to
trace the deepest high grade vein to the east and west; and (ii) is focused on
continuing to expand the drill defined gold zones on its Eastern Extension
property. 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.
--- End of Message ---
BonTerra Resources Inc.
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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originality of the information contained therein.
Source: BonTerra Resources Inc. via Thomson Reuters ONE
[HUG#1565210]
For further information contact:
Email Contact
www.bonterraresources.com
Tel: (604) 678-5308
Fax: (604) 678-5309
Toll Free: 1-855-678-5308