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BonTerra Resources Inc. (TSXV:BTR) announced that it’s received assay results from a further five holes completed during a 2016 exploration and drill program at its Quebec-based Gladiator gold project.
BonTerra Resources Inc. (TSXV:BTR) announced that it’s received assay results from a further five holes completed during a 2016 exploration and drill program at its Quebec-based Gladiator gold project. The company has discovered two new high-grade mineralized zones located to the north and south of the extensions of the main deposits.
Highlights of the program include:
- Drilled 5.0 m of 15.3 g/t Au in Hole BA-16-02 in a new zone (North Shear 1);
- Drilled 6.0 m of 10.4 g/t Au in Hole BA-16-04;
- Drilled 3.3 m of 29.0 g/t Au in Hole BA-16-05 in a new zone (South);
- Drilled 5.7 m of 24.3 g/t Au in Hole BA-16-09;
- 8,300 m drilled to date in 19 holes on western extension of Gladiator Deposit;
- Results reported to-date are for 5 holes below and 2 holes previously reported on March 2, 2016; holes are currently in the lab, and 6 holes are in process;
- Visible gold was identified in 16 of the 19 holes;
- The Gladiator Deposits are now outlined to the west by an additional 200 m long by 250 m deep, where 23 new drill holes (2015 and 2016) have extended the main deposits and discovered 3 new parallel zones.
- New drill information demonstrates that three zones (Footwall, Main and Intrusive) continue along strike, while three new zones (North Shear 1, North Shear 2 and South) have been identified both to the north and south of the previously known zones.
Nav Dhaliwal, president and CEO of BonTerra, commented:
We now have extended the zone of mineralization approximately 200 meters to the west of our existing deposit, and we continue to intersect grades higher than the existing resource model completed in 2012. Our technical team’s review of the geological system continues to be validated with recent drilling, with much data in process. Our recent strategic acquisition of key land positions along strike were completed to ensure we control what we believe to be one of the more interesting discoveries in the Abitibi Greenstone Belt.
Click here to read the full BonTerra Resources Inc. (TSXV:BTR) press release.
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