BonTerra Resources Inc. : BONTERRA'S HOLE BA-11-34A ON ITS QUEBEC EASTERN EXTENSION PROPERTY ASSAYS GOLD FROM 82 TO 657 METRES DEPTH
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BonTerra Resources Inc. /
BonTerra Resources Inc. : BONTERRA'S HOLE BA-11-34A ON ITS QUEBEC EASTERN
EXTENSION PROPERTY ASSAYS GOLD FROM 82 TO 657 METRES DEPTH
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The issuer is solely responsible for the content of this announcement.
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 - December 12, 2011: BonTerra Resources Inc. (TSX.V: BTR; FSE:
9BR) (the "Company", "BonTerra") has received assays for BA-11-34A from the
drill program on its Eastern Extension property (the "Property"). Gold was first
observed at 82 metres down-hole with the deepest notable mineralization being
observed at 657 metres down-hole. This drill hole was drilled on the far eastern
section on the Property with future work planned to ascertain an extension of
the strike further to the east.
Significant gold assays are outlined in table 1. Table 2 outlines the collar
details of the drill hole disclosed in this news release. These widths are not
true widths but down hole lengths.
Table 1: Significant assays for BA-11-34A
+-----------+----------+----------+----------+---------------+
| DDH | From | To | Length | Gold Grade |
| | | | | |
| Number | (metres) | (metres) | (metres) | (grams/tonne) |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 82.00 | 83.00 | 1.00 | 5.59 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 208.00 | 211.00 | 3.00 | 0.90 |
+-----------+----------+----------+----------+---------------+
| Including | 208.00 | 210.00 | 2.00 | 1.16 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 259.00 | 260.00 | 1.00 | 0.91 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 315.00 | 329.00 | 14.00 | 4.31 |
+-----------+----------+----------+----------+---------------+
| Including | 315.00 | 316.00 | 1.00 | 1.79 |
+-----------+----------+----------+----------+---------------+
| Including | 319.00 | 321.80 | 2.80 | 18.91 |
+-----------+----------+----------+----------+---------------+
| Including | 319.00 | 321.00 | 2.00 | 24.78 |
+-----------+----------+----------+----------+---------------+
| Including | 327.00 | 329.00 | 2.00 | 2.31 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 345.00 | 346.00 | 1.00 | 2.37 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 382.80 | 384.00 | 1.20 | 1.40 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 428.00 | 429.00 | 1.00 | 2.20 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 535.50 | 536.50 | 1.00 | 29.80 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 635.00 | 636.00 | 1.00 | 1.21 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 635.00 | 639.00 | 4.00 | 1.13 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 637.00 | 637.50 | 0.50 | 4.70 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 642.00 | 646.00 | 4.00 | 0.77 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 643.00 | 644.00 | 1.00 | 1.66 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 651.50 | 652.50 | 1.00 | 1.14 |
+-----------+----------+----------+----------+---------------+
| BA-11-34A | 656.00 | 657.00 | 1.00 | 7.32 |
+-----------+----------+----------+----------+---------------+
Mitchell Adam, President states, "Intercepting gold mineralization to
approximately 600 vertical metres of depth in this hole is the latest in a list
of drilling successes for BonTerra on our Eastern Extension gold property.
Having done a Mag survey and IP survey last season bodes very well for winter
ice drilling on this target which may add to the size and scope of the potential
of the project."
Qualified Person
This technical content of this press release has been reviewed and accepted by
Thomas Clarke, Pr.Sci.Nat., a Director of BonTerra. Mr. Clarke is a Qualified
Person under NI 43-101.
These are sample results, taken from mineralized intervals of the drill holes.
Depths and lengths are core lengths and not true widths and possibly down dip at
times or otherwise non perpendicular. True widths will become clear once the
lake freezes allowing the Company to complete a series of drill holes collared
on the ice drilling towards the north. Due to geographic limitations,
management believes the Company must drill the Property in this way during the
summer months. The gold intercepts disclosed in this news release are
significant gold intercepts and not all the samples submitted for fire assay.
Samples were submitted to ALS Laboratories ("ALS") of Val d'Or, Quebec and AGAT
Laboratories ("AGAT") in Sudbury, Ontario for crushing, pulverizing and fire-
assay for gold. Samples fire-assaying greater than 10 grams per tonne gold are
then fire-assayed with a gravimetric finish to establish the gold grade. Assay
samples are taken from drill core, sawed in half along the core axis. One half
is sent to ALS and AGAT and the other half retained by the Company for future
reference. The Company applies a full quality assurance and quality control
program (QAQC) system for every batch of samples submitted to the lab (gold
standard, sample duplicate and blank).
Table 2: Collar Details for BA-11-34A
+---------+---------+---------+---------+--------+---------+---------+
| DDH | East | North |Elevation| Total | Azimuth | Dip |
| | | | | | | |
| ID |UTM NAD83|UTM NAD83|(metres) | Depth |(degrees)|(degrees)|
| | | | | | | |
| | | | |(metres)| | |
+---------+---------+---------+---------+--------+---------+---------+
|BA-11-34A|456259.1 |5428288.4| 397 | 663.02 | 139.84 | -67.5 |
+---------+---------+---------+---------+--------+---------+---------+
About BonTerra Resources
BonTerra is a Canadian gold exploration company focused on continuing to expand
the drill defined gold zones on its Eastern Extension property, part of the
world famous Abitibi Greenstone Belt in mining friendly Quebec. BonTerra has a
total of three gold properties in the Urban-Barry belt, the Eastern Extension,
Lavoie and Urban-Barry properties which 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.
BonTerra has an option to earn 100% of the Eastern Extension property from
Abitex Resources subject to a 2% NSR.
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 the Company, such as the statement that the
Company: (i) This drill hole was drilled on the far eastern section on the
Property with future work planned to extend the strike further to the east; (ii)
we are awaiting assays for three final deep drill holes. These will be released
once they are received; (iii) True widths will become clear once the lake
freezes allowing the Company to complete a series of drill holes collared on the
ice drilling towards the north. Drilling from the land to the north is not a
representative of true width although due to geographic conditions the Company
must drill the Property in this way; and (iv) believes that the cumulative total
of all drilling will begin to add considerable value for the Company's
shareholders . 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) delays with respect to drill results or preparation of a
resource calculation; and (iii) general uncertainties with respect to mineral
exploration in general. 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.
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#1570454]
Datum: 12.12.2011 - 14:00 Uhr
Sprache: Deutsch
News-ID 95985
Anzahl Zeichen: 11361
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