BonTerra Resources Inc. : BONTERRA ASSAYS MULTIPLE GOLD ZONES, EASTERN EXTENSION PROPERTY, QUEBEC
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BonTerra Resources Inc. /
BonTerra Resources Inc. : BONTERRA ASSAYS MULTIPLE GOLD ZONES, EASTERN EXTENSION
PROPERTY, QUEBEC
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The issuer is solely responsible for the content of this announcement.
Suite 4006 - 1011 West Cordova Street
Vancouver, B.C. V6C 0B2
Telephone: (604) 678-5308
Fax: (604) 678-5309
TSX.V - BTR
FSE - 9BR
Vancouver, BC - April 18, 2012: BonTerra Resources Inc. (TSXV: BTR; FSE: 9BR)
(the "Company", "BonTerra") has received the first assays for the 2012 drill
program on its 100% owned Eastern Extension property (the "Property") situated
approximately 170 km northeast of Val d'Or, Quebec. The highlight of the first
batch of assays was hole BA-12-02. This hole was drilled on the ice and is
characterized by a series of gold zones, one as thick as 19 metres in length
assaying approximately one gram per tonne ("g/t") of gold. This zone included
one sample assaying 10.20 g/t gold. Assays continue to exhibit smoked quartz
veins hosting gold. Significant drill intercepts are outlined in table 1. The
collar details of each drill hole disclosed are outlined in table 2.
BonTerra now awaits the first assays from the Rivage Zone as well as the
anticipated resource calculation being conducted by Snowden.
Table 1: Significant assay results
+-----------+----------+----------+----------+------------+
| Drill | From | To | Length | Gold Grade |
| | | | | |
| Hole | (metres) | (metres) | (metres) | (g/t) |
+-----------+----------+----------+----------+------------+
| BA-12-01 | 219.00 | 222.00 | 3.00 | 2.29 |
+-----------+----------+----------+----------+------------+
| BA-12-01 | 334.00 | 335.00 | 1.00 | 1.28 |
+-----------+----------+----------+----------+------------+
| BA-12-02 | 179.00 | 180.00 | 1.00 | 4.47 |
+-----------+----------+----------+----------+------------+
| BA-12-02 | 233.00 | 252.00 | 19.00 | 0.97 |
+-----------+----------+----------+----------+------------+
| Including | 248.00 | 252.00 | 4.00 | 4.13 |
+-----------+----------+----------+----------+------------+
| Including | 249.00 | 250.00 | 1.00 | 10.20 |
+-----------+----------+----------+----------+------------+
| BA-12-02 | 326.00 | 334.00 | 8.00 | 1.39 |
+-----------+----------+----------+----------+------------+
| Including | 326.00 | 327.00 | 1.00 | 7.86 |
+-----------+----------+----------+----------+------------+
| BA-12-02 | 399.00 | 400.00 | 1.00 | 1.56 |
+-----------+----------+----------+----------+------------+
| BA-12-02 | 425.00 | 426.00 | 1.00 | 1.40 |
+-----------+----------+----------+----------+------------+
| BA-12-03 | 24.00 | 25.00 | 1.00 | 1.63 |
+-----------+----------+----------+----------+------------+
| BA-12-03 | 115.00 | 121.00 | 6.00 | 2.07 |
+-----------+----------+----------+----------+------------+
| Including | 118.00 | 121.00 | 3.00 | 3.74 |
+-----------+----------+----------+----------+------------+
| BA-12-04 | No significant values |
+-----------+---------------------------------------------+
Navjit Dhaliwal, President states, "The second drill hole of 2012 continues to
encourage BonTerra and further outlines the high caliber of the Property. Our
team has wanted to drill a hole in this area for some time now and favourable
ice conditions allowed us to drill this target this past March. This hole is yet
another "text book example" of vein hosted gold in the Abitibi, commonly
intersected on the Eastern Extension. Holes like this encourage us to keep
drilling and to advance this exciting property forward to its first anticipated
NI 43-101 resource calculation which is in the final stages of completion by
Snowden."
Table 2: Collar details of the drill holes disclosed in this news release
+--------+----------+------------+---------+---------+---------+--------+
|Drill |Easting |Northing |Elevation|Azimuth |Dip |Depth |
| | | | | | | |
|Hole |(NAD 83) |(NAD 83) |(metres) |(degrees)|(degrees)|(metres)|
+--------+----------+------------+---------+---------+---------+--------+
|BA-12-01|456,266.00|5,427,901.00| 390.00| 340.00| -52.00| 423.00|
+--------+----------+------------+---------+---------+---------+--------+
|BA-12-02|456,266.00|5,427,901.00| 390.00| 340.00| -61.00| 525.00|
+--------+----------+------------+---------+---------+---------+--------+
|BA-12-03|456,282.00|5,427,986.00| 390.00| 340.00| -60.00| 141.00|
+--------+----------+------------+---------+---------+---------+--------+
|BA-12-04|456,313.00|5,427,983.00| 390.00| 340.00| -60.00| 141.00|
+--------+----------+------------+---------+---------+---------+--------+
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 are taken from mineralized intervals of the drill
holes. Depths and lengths are core lengths and not true widths and possibly down
dip at times or otherwise non perpendicular. The gold intercepts disclosed in
this news release are significant gold intercepts and not all the samples
submitted for fire assay. Samples were submitted to AGAT Laboratories ("AGAT")
in Sudbury, Ontario for crushing, and pulverizing. The samples crushed to 75%
passing 2 mm and split to 250 grams. The crushed sample is then pulverized to
85% passing 75 um. Once the sample preparation is complete they are shipped to
AGAT's head office in Mississauga, Ontario for analysis. Fifty gram samples are
fire assayed with ICP finish. All samples assaying greater than 10 g/t gold are
then re-assayed with a gravimetric finish and by metallic screen with a fire
assay finish. Assay samples are taken from drill core, sawed in half along the
core axis. One half is sent to AGAT and the other half retained by the Company
for future reference. BonTerra retains coarse rejects and pulps in a secure
facility. The Company applies a full quality assurance and quality control
program (QAQC) system for every batch of samples submitted to the lab (gold
standard, field sample duplicate and blank).
About BonTerra Resources
BonTerra is a Canadian gold exploration company based in Vancouver, BC. BonTerra
is 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.
The Company owns 100% of the Property subject to a 2% NSR which is held by three
individuals. 1% of this NSR can be purchased for a sum of $500,000.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/Navjit Dhaliwal
Navjit Dhaliwal
President, Director
(604) 678-5308
For further information contact:
Navjit Dhaliwal
info(at)bonterraresources.com
www.bonterraresources.com
Tel: (604) 678-5308
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: (i)
the Company is awaiting assays from the Rivage Zone; and (ii) the Company is
awaiting an anticipated resource calculation on the Property as prepared by
Snowden. 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.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: BonTerra Resources Inc. via Thomson Reuters ONE
[HUG#1603453]
Datum: 18.04.2012 - 07:00 Uhr
Sprache: Deutsch
News-ID 136199
Anzahl Zeichen: 10900
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