Vancouver, BC – January 31, 2017: BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “BonTerra”) is pleased to announce that multiple high-grade intersections have been discovered at the Deep Eastern Zone of the Gladiator Deposit.
Highlights and Observations:
Nav Dhaliwal, President and CEO of BonTerra, commented: “Once again, drilling continues to indicate that the Gladiator Gold Deposit is increasing in size, and also continues to deliver consistent high-grade gold intersections. Our first step out hole to the east in 2017 has produced multiple intersections of impressive grade and width, including 5.0m of 20.7 g/t gold. In addition, a new gold zone was also discovered with excellent width, and the visual indicators of another strong horizon. We look forward to delivering continued news flow of drill results from the eastern and western extensions, and now potential newly discovered zones from the Gladiator deposits over the coming months as we complete our aggressive resource development program.”
|BA-17-01||262.0||272.0||10.0||1.6||New (East Side)|
*Stated lengths are core width as drilled, true widths have not yet been determined. Core axis angles of the intersection contacts and surrounding rock units average 55 degrees.
All intersections from Hole BA-17-01 are located near the known down plunge eastern limits of the deposit. The high grade Main and Footwall Zones are near the contact between mafic volcanic units and a mineralized felsic porphyritic intrusive.
Please visit www.bonterraresources.com for updated long section and and cross section.
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.
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.
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.