ADDITIONAL ASSAYS & DRILLING UPDATE EASTERN EXTENSION
(Thomson Reuters ONE) -
BonTerra Resources Inc. /
ADDITIONAL ASSAYS & DRILLING UPDATE EASTERN EXTENSION
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BONTERRA RESOURCES INC.
Suite 1130 - 789 West Pender Street
Vancouver, British Columbia, V6C 1H2
Telephone: (604) 669-9330
TSX.V SYMBOL - BTR
FSE SYMBOL - 9BR
Vancouver, BC - November 19, 2010: BonTerra Resources Inc. (TSXV: BTR; FSE:
9BR) (the "Company", "BonTerra") announces that some samples in Hole BA-10-05
assayed in excess of the lab's 10 grams per tonne gold detection limit, and as
such, those samples are currently being re-assayed. These samples will be re-
assayed for gold by fire assay with gravimetric finish. Drill hole BA-10-05 was
a total of 102.0 metres in length.
Once the Company receives final assays for this hole, as well as other
outstanding gravimetric finish assays on other high-grade samples they will be
released accordingly. The current drill program on its Quebec gold properties
has been completed. At this time the company continues to receive additional
gold values for its drill program.
BonTerra Resources has drilled a total of 7 holes on the Eastern Extension
Property totaling approximately 1000 metres. To date the Company has received
and announced assays for the first three holes of the 7 hole program. BonTerra
anticipates receiving final assays on all seven holes over the next few weeks.
All holes drilled on the Eastern Extension property have intercepted zones of
smoky quartz veins mineralized with sulphides (pyrite, pyrrhotite and
chalcopyrite with sphalerite observed locally). Sulphides commonly compose 1-7%
of the mineralized zones. Alteration is most commonly silica, carbonate,
chlorite, tourmaline and sericite. The combination of quartz veins, tourmaline,
alteration and sulphides is ideal for gold mineralization in the area.
The Eastern Extension property is located approximately 170 km NE of Val-d'Or
and 125 km SW of Chibougamau in the Barry and Bailly townships in the Abitibi
Greenstone Belt, Québec. BonTerra's Urban-Barry property is situated just west
of the Eastern Extension property. Neighboring companies in the region are
Metanor, Amseco, Beaufield, Eagle Hill, Glen Eagle, Urbana and Freewest, Murgor
and Noront. The Company has an option to earn 100% of the Eastern Extension
property subject to a 2% NSR.
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 the Company by Thomas Clarke, Pr.Sci.Nat, a qualified
person and a Director of the issuer.
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) 669-9330
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 is planning a winter camp and second phase drill program to continue
advancing the 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) a decrease in demand for and price of gold; (iii)
general uncertainties with respect to mineral exploration in general; and (v)
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, 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.
[HUG#1464299]
--- End of Message ---
BonTerra Resources Inc.
null null null
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Source: BonTerra Resources Inc. via Thomson Reuters ONE
Datum: 19.11.2010 - 21:51 Uhr
Sprache: Deutsch
News-ID 48966
Anzahl Zeichen: 6114
contact information:
Kategorie:
Business News
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