FIRST DRILL HOLE NEARLY COMPLETED ON THE ICE, EASTERN EXTENSION
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BonTerra Resources Inc. /
FIRST DRILL HOLE NEARLY COMPLETED ON THE ICE, EASTERN EXTENSION
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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
Aggressively drilling a High to Very High Chargeability Anomaly to Extend Strike
Vancouver, BC - March 31, 2011: BonTerra Resources Inc. (TSX.V: BTR; FSE: 9BR)
(the "Company", "BonTerra") continues to propel its Eastern Extension Project
(the "Property") forward by drilling on the ice as well as the land. The first
drill hole on the ice is nearly completed on its 100% owned Eastern Extension
Gold Project. The Property is located 170km northeast of Val d'Or, Quebec in the
Abitibi Greenstone Belt.
BonTerra plans to drill a total of ten (10) shallow (average of 125 metres each)
holes on the ice. Of these ten holes, a total of four (4) holes will be drilled
into the Peninsula Zone. These four (4) holes are being drilled to grow the
Peninsula Zone. In a news release dated February 17, 2011, this Peninsula Zone
assayed 13.00 metres of 7.00 g/t gold (0.20 Oz/ton) including 4.00 metres of
17.02 g/t (0.50 Oz/ton). The second two (2) holes planned for the Peninsula Zone
are 50 metres to the west to test a 140 metre wide high to very high near
surface chargeability anomaly. This very large anomaly has never been drilled
before.
Holes five (5) to eight (8) will aim to extend the strike 270 metres to the
southwest of the original gold intercept referred to in the previous paragraph.
Holes nine (9) and ten (10) will drill additional IP anomalies to the east. Once
all ten (10) ice holes have been completed the Company will have drilled the
gold zones along a total strike length of 590 metres.
Thomas Clarke, Director, states, "BonTerra believes this is a fantastic
opportunity to create a significant strike extension of the gold zones to the
southwest. The Company is taking full advantage of great ice conditions to get
ten holes completed on the ice before break up. The chargeability of the zone is
very high and appears to correlate with the strike of the zone."
Qualified Person
This press release has been reviewed by Thomas Clarke, Pr.Sci.Nat., a Director
of BonTerra. Mr. Clarke is a Qualified Person under NI 43-101.
About BonTerra
BonTerra is a Canadian gold exploration company focused continuing to expand the
known gold zone on its 100% owned Eastern Extension property, part of the world
famous Abitibi Greenstone Belt of Quebec. BonTerra has a total of four
properties in the Urban-Barry belt, all gold exploration targets. BonTerra's
Eastern Extension, Lavoie, Urban-Barry and Anderson properties 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.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/ Thomas Clarke
Thomas Clarke
Director
For further information contact:
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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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#1501953]
Datum: 31.03.2011 - 04:01 Uhr
Sprache: Deutsch
News-ID 52980
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Kategorie:
Business News
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"FIRST DRILL HOLE NEARLY COMPLETED ON THE ICE, EASTERN EXTENSION"
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