BONTERRA CONTINUES DRILLING
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BonTerra Resources Inc. /
BONTERRA CONTINUES DRILLING
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Suite 4006 - 1011 West Cordova Street
Vancouver, B.C. V6C 0B2
Telephone: (604) 678-5308
Fax: (604) 678-5309
TSXV: BTR
FSE: 9BR
Vancouver, BC - May 3, 2011: BonTerra Resources Inc. (TSX.V: BTR; FSE: 9BR)
(the "Company", "BonTerra") is currently awaiting assays for five (5) deep drill
holes on the Eastern Extension Gold Project (the "Property"). The Property is
located 170km northeast of Val d'Or, Quebec in the Abitibi Greenstone Belt. One
of these holes was drilled to deepen the known high grade gold zones as
discovered in BA-10-01 which assayed 17.06 grams/tonne ("g/t") over 13.50 metres
as disclosed in a news release dated November 9, 2010. BonTerra hopes similar
assays can be intercepted in this new drill hole.
The Company is also deepening the high grade gold zones intercepted in BA-10-08
which assayed 14.84 g/t over 7.00 metres as disclosed in a news release dated
January 12, 2011. To date, the Company has drilled a total of 32 drill holes
totaling nearly 7,000 metres on the Property.
BonTerra intends to drill three holes under the lake from the peninsula with the
goal to extend the peninsula zone to the west. This assayed 8.01 g/t over 14.00
metres as disclosed in a news release dated February 17, 2011. BonTerra is
working towards establishing a NI 43-101 compliant resource calculation with
respect to the Property.
Mitchell Adam, President, states, "BonTerra looks forward to receiving assays as
it deepens the known high grade gold zones on the Property and working with
Geologica toward developing a resource calculation."
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/ Mitchell Adam
Mitchell Adam
President, 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
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: (i)
BonTerra hopes similar assays can be interpreted in the new drill hole; (ii)
BonTerra hopes to drill three holes to extend the peninsula zone to the west;
and (iii) BonTerra is working towards establishing a NI 43-101 compliant
resource calculation with respect to the Property. 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.
--- End of Message ---
BonTerra Resources Inc.
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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#1512073]
Datum: 03.05.2011 - 19:30 Uhr
Sprache: Deutsch
News-ID 54191
Anzahl Zeichen: 5751
contact information:
Kategorie:
Business News
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