Vancouver, BC – November 16, 2016: BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1)(the “Company” or “BonTerra”) is pleased to announce that it has significantly extended its Gladiator Gold Zones by over 250 m down plunge and to the east with multiple intersections of high grades and meaningful widths. Assays from an additional seven (7) holes from its 2016 Exploration and Drill Program on its 100% owned Gladiator Gold Project located north of Val d’Or, Québec have been received from the eastern extension and are reported below. Drilling continues with one rig on the deep eastern portion of the deposit while a second rig has been added and is underway at the west end strike extension toward the Rivage zone (see attached longitudinal section). A number of holes are in various stages of processing ie. logging and assaying from both drills.
Highlights and Observations:
Nav Dhaliwal, President and CEO of BonTerra, commented: “On the back of our very successful winter drilling campaign that significantly expanded the Gladiator Gold Deposit to the west, we made the decision to concentrate on extending the east side and depth extensions of the deposit at a measured pace with one drill rig. This strategy has resulted in two major milestones: A major extension of grade and width eastward and to depth, and a much better understanding of the excellent continuity and predictability of the west side leading us to add an additional drill rig with the intention of proving that the Gladiator Gold Deposit could exceed 1,000 meters in strike length.”
*Stated lengths are core width as drilled, true widths have not yet been determined.
Please visit www.bonterraresources.com for updated long section and maps.
Dale Ginn, Vice President Exploration of BonTerra, added: “Our 2016 winter drilling campaign has proven that our Gladiator Gold Zones exhibit excellent continuity to the west and to depth. Our followup drill program was completed with the intention to methodically explore the eastern extensions at a measured pace over the summer months, while conducting ground geophysical and geochemical till programs over a majority of the large Bonterra land package. This summer’s drilling program has matured greatly our understanding of the deposit and has given us the confidence to take a more aggressive stance on further strike length and depth expansion drilling this coming winter. The down plunge results are a further confirmation of the strength and potential breadth of this mineralized system. Our technical team looks forward to expanding this deposit to the west, east and to depth this winter. ”
BonTerra Resources Quick Facts:
Dale Ginn, P.Geo. has approved the information contained in this release. Mr. Ginn is a Director and Vice-President Exploration for BonTerra and is a Qualified Person as defined by NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS,
Nav Dhaliwal, President & CEO
BonTerra Resources Inc.
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This press release contains “forward-looking information” that is based on BonTerra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to BonTerra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause BonTerra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. BonTerra disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.