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BonTerra Receives Final Results of Phase I Drilling at West Arena
BonTerra Resources Inc. (TSXV:BTR) released final assay results from a Phase I exploration program completed at its West Arena gold property, located at its Gladiator gold project in Quebec. The program consisted of four holes.
BonTerra Resources Inc. (TSXV:BTR) released final assay results from a Phase I exploration program completed at its West Arena gold property, located at its Gladiator gold project in Quebec. The program consisted of four holes.
As quoted in the press release:
The 2015 Phase 1 drill program targeted the plunge and strike extensions the Company’s newly discovered Gladiator Zone located on the Spartacus Trend within the West Arena Property. To date, the deposit has been drilled over a 500-meter strike length from surface and consists of a number of parallel, anastomosing and intersecting steeply dipping shear zones. The Phase 1 drill program, essentially a reconnaissance effort using drills, met and exceeded expectations by localizing impressive gold bearing veins and also confirming the presence of a massive intrusive body, possibly porphyritic, defined by intercepts of up to 155 m with gold values between approximately 0.4 g/t and 0.9 g/t.
Nav Dhaliwal, president and CEO of BonTerra, commented:
The Phase 1 four-hole drill program was a tremendous success with not only the interception of several higher-grade gold vein intersections and the expansion of the mineralized zones along strike and depth, but more interestingly the identification of a large intrusive gold system. The encouraging drill results to date, combined with subsequent positive market reaction resulted in an over-subscribed financing in late 2015. We are now fully financed to continue our aggressive exploration with an expanded 2016 drill program scheduled to commence immediately.
Click here to read the full BonTerra Resources Inc. (TSXV:BTR) press release.
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