Bonterra Expands Eastern Extension Next to Current Drilling
(firmenpresse) - Bonterra Expands Eastern Extension Next to Current Drilling
Vancouver, BC – February 9, 2011: BonTerra Resources Inc. (TSXV: BTR; FSE: 9BR) (“BonTerra” or the “Company”) announces that Abitex Resources Inc. (“Abitex”) has optioned an additional claim totaling 12 hectares to BonTerra. This claim has been added to the Eastern Extension property which is the subject to the Option Agreement dated September 15, 2010 between BonTerra and Abitex.
Previous drill holes completed by the Company were drilled just east of the claim boundary. These holes include BA-10-01 and BA-10-03. BA-10-01 assayed 17.06 grams/tonne over 13.50 metres as disclosed on November 9th, 2010. To date some drill holes collared by BonTerra have surrounded the claim on two sides. The option of this additional claim by the Company offers the potential to drill to the west and northwest into a new zone. Recently the Company has drilled two holes towards the west. These two holes will be submitted for assay this week totaling six holes in the lab at this time.
Mitchell Adam, President, states, “This optioned claim expands BonTerra’s interest in the Eastern Extension property, which offers the Company greater flexibility in drilling and the potential for expanding the known gold zones.”
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of BonTerra by Thomas Clarke, Pr.Sci.Nat., a qualified person and Director of BonTerra.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/ Mitchell Adam
Mitchell Adam
President, Director
For further information contact:
Mitchell Adam
info(at)bonterraresources.com
www.bonterraresources.com
Tel: (604) 678-5308
Fax: (604)-678-5309
Toll free: (855) 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 BonTerra such as the statement that the new optioned claim offers the potential to drill to the west and northwest into a new zone. There are numerous risks and uncertainties that could cause actual results and BonTerra’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) a decrease in demand for and price of gold; (iii) general uncertainties with respect to mineral exploration in general; and (iv) inability to raise required financing. 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, BonTerra 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.
Leseranfragen:
BonTerra Resources Inc.
Suite 1130 - 789 W. Pender Street
Vancouver, B.C. V6C 1H2
Telephone: (604) 669-9330
Fax 604-669-9335
Datum: 10.02.2011 - 11:32 Uhr
Sprache: Deutsch
News-ID 27887
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Town:
Wien
Kategorie:
Business News
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