FIRST 2 HOLES OF PHASE 2 COMPLETE, EASTERN EXTENSION PROPERTY
(Thomson Reuters ONE) -
BonTerra Resources Inc. /
FIRST 2 HOLES OF PHASE 2 COMPLETE, EASTERN EXTENSION PROPERTY
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BONTERRA RESOURCES INC.
Suite 4006 - 1011 West Cordova Street
Vancouver, British Columbia, V6C 0B2
Telephone: (604) 678-5308
TSX.V SYMBOL - BTR
FSE SYMBOL - 9BR
Vancouver, BC - January 6, 2011: BonTerra Resources Inc. (TSXV: BTR; FSE: 9BR)
(the "Company", "BonTerra") announces the continued progression of its second
phase of drilling on the Eastern Extension property. Two drill holes were
completed before Christmas. The core has been logged and is being split and sent
for assay.
These two recently completed holes were drilled to the west of the first three
holes which returned gold assay values up to 77.8 grams to tonne in November. It
is the goal of the Company to focus phase two of drilling on extending the
strike length of the known high grade gold zone. These two recently completed
holes appear to share similar geological characteristics of the first holes
hosting high grade gold mineralization as disclosed in a news release dated
November 9, 2010. The Company also reports the completion of expanding its camp
on the Eastern Extension property in preparation for significant winter
drilling.
Mitchell Adam, President, states, "We are enthusiastic about continuing to
extend the high grade gold zone on the Eastern Extension property. This is the
primary focus of BonTerra Resources."
The Company also expects to be in receipt of a NI 43-101 Technical report for
the Eastern Extension property once assays for the two recently completed holes
are received in January. At this time the Company is defining its strategy for
drilling the property in 2011 including the possibility of utilizing two rigs.
BonTerra has chosen to employ a full quality assurance and quality control
(QAQC) system for every batch of samples submitted to the lab. The QAQC samples
include a standard, duplicate and blank. Geologica Inc. of Val d'Or, Québec is
responsible for overseeing the drill and sampling program on behalf of the
Company.
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 Company.
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: 1-855-678-5308
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.
--- End of Message ---
BonTerra Resources Inc.
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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originality of the information contained therein.
Source: BonTerra Resources Inc. via Thomson Reuters ONE
[HUG#1477576]
Datum: 06.01.2011 - 09:01 Uhr
Sprache: Deutsch
News-ID 50249
Anzahl Zeichen: 4890
contact information:
Kategorie:
Business News
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