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BonTerra Starts Exploration and Drill Program at Gladiator Project

Charlotte McLeod
Feb. 02, 2016 04:56PM PST
Gold Investing

BonTerra Resources Inc. (TSXV:BTR) announced that it’s begun a multi-phase exploration and drill program at its Quebec-based Gladiator gold project.

BonTerra Resources Inc. (TSXV:BTR) announced that it’s begun a multi-phase exploration and drill program at its Quebec-based Gladiator gold project.
Highlights of the program are as follows:

  • Fully funded through recent strategic financings;
  • Multi-phase drill programs (totaling up to 25,000 meters) to explore the gold mineralization and structures outlined in our late-2015 drill program;
    • Initial 10 hole (2,500 meter) drill program commenced February 2, 2016 utilizing one drill rig;
  • Immediately mobilize a second larger drill rig in late February focused on defining the further extension of the gold mineralization envelope downward and along strike of the Spartacus trend;
  • Further define known geological resources reported to-date and expand and potentially upgrade from the inferred category to the indicated category.

Nav Dhaliwal, president and CEO of BonTerra, commented:

In 2015, our technical team significantly increased their level of confidence and knowledge of the mineralized gold system discovered at depth and along strike at the Gladiator Gold Project. With this higher level understanding of the multiple previously known and newly discovered mineralized zones, we are confident that by applying a multi-phase exploration program we will not only be able to increase the existing gold resource on the property, but we will also discover other mineralized zones lying parallel and along strike. In 2016, we intend to complete over ten times the amount of diamond drilling versus our highly successful 2015 drill program. Adding in a concurrent extensive geophysical program, and remodeling of historical data, we intend to deliver results that reward our shareholders and to build Québec’s most exciting gold exploration company.

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

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