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BonTerra Resources Hits 7.2 G/t Over 7.7 Meters at Gladiator Project
Dec. 02, 2015 10:58AM PST
Gold InvestingBonTerra Resources (TSXV:BTR) announced additional drill results from the Gladiator gold project in Val d’Or, Quebec. Results have extended mineralization over 200 meters down dip at the project, with highlights including an intercept of 7.2 grams per tonne of gold over 7.7 meters.
BonTerra Resources (TSXV:BTR) announced additional drill results from the Gladiator gold project in Val d’Or, Quebec. Results have extended mineralization over 200 meters down dip at the project, with highlights including an intercept of 7.2 grams per tonne of gold over 7.7 meters.
As quoted in the press release:
-Mineralization from Hole BA-15-02 encountered the Main Zone at 400 meters below surface and graded 7.2 g/t gold over 7.7 meters.
-Hole BA-15-02 represented a step out of over 200 meters in a down dip direction from the BA-15-01 (announced November 4, 2015) which graded 14.0 g/t gold over 6.6 meters.
-The BA-15-02 intersection is located approximately 200 meters below the Company’s current mineral resource depth limit (Snowden July 2012).
-A newly discovered Footwall Zone (“FW”) was discovered approximately 60 meters and 100 meters below surface in BA-15-01 and BA-15-02, respectively. Further results from BA-15-01 assayed 9.1 g/t over 3.5 meters and BA-15-02 assayed 4.7 g/t over 2.5 meters (see below table).
-Immediately above the BA-15-02 intersection, a mineralized and altered felsic porphyritic intrusion also assayed 0.5 g/t over a core length of 155 meters.
-The emergence of multiple parallel zones and especially of a large mineralized felsic intrusive is a great indicator of a very strong system.
BonTerra president and CEO, Nav Dhaliwal, said:
Hole BA-15-02 is significant for BonTerra shareholders and the Gladiator Gold Project. The intersection clearly indicates that the mineralization continues an additional 200 meters down dip, and demonstrates the overall strength of the gold system with the solid grade of 7.2 g/t gold over a width of 7.7 meters. Additionally, it is important to note that this intersection point lies approximately 200 meters below BonTerra’s current 43-101 mineral resource estimate competed in 2012. Finally, we are excited to have also discovered a mineralized and altered felsic porphyritic intrusion grading 0.5 g/t over 155.5 meters, indicating once again a strong mineralized system exists at the Gladiator Project.