Resource News

BonTerra Resources Inc. (TSXV:BTR) announced that it’s signed purchase agreements to acquire 100 percent of the Macho South property, the Barry property and the Bailly property. The properties are located to the west and south of the company’s Quebec-based Gladiator gold project.

BonTerra Resources Inc. (TSXV:BTR) announced that it’s signed purchase agreements to acquire 100 percent of the Macho South property, the Barry property and the Bailly property. The properties are located to the west and south of the company’s Quebec-based Gladiator gold project.
Reasons for the purchases are as follows:

  1. Extend the Gladiator Gold Project to cover a total of 25 kilometers of favourable greenstone belt lithology and structures that contain under explored gold showings;
  2. To completely fill in the gap between the Coliseum and Arena Properties that was partially filled with the recent acquisition of the Lac Barry Property (News release March 11, 2016), and;
  3. To provide gold exploration continuity 10 km eastward and 15 km southwestward from the 25,000-meter drill program on the Gladiator Gold Project at the western end of the Arena Property.

Nav Dhaliwal, president and CEO of BonTerra, commented:

BonTerra continues to consolidate key properties that are strategic to controlling the western and eastern key extensions of the Gladiator Gold Project. Over the past few weeks we have been able to increase our land position by over 170% to a total of 7,563 hectares, in Quebec’s next emerging gold camp. Our technical team continues to uncover and trace an exciting high-grade gold system at depth and along strike from the original resource model developed in 2012. The Urban Barry structures continue to be pieced together with our ongoing exploration program.

Click here to read the full BonTerra Resources Inc. (TSXV:BTR) press release.

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