by Greg Klein | December 9, 2016
Two high-grade intercepts in separate holes merge two zones, taking BonTerra Resources’ (TSXV:BTR) Gladiator project to 1.2 kilometres in strike. Once considered a parallel body, the Rivage zone now forms a 500-metre addition to Gladiator, which has been outlined to a depth of 650 metres, the company reported December 8. A previously stated ambition to combine the zones was realized with the first two holes targeting the gap.
The two intercepts show:
- 64.3 g/t gold over 2 metres, starting at 152 metres in downhole depth
- 8.7 g/t over 3 metres, starting at 507 metres
True widths weren’t provided.
These assays follow a high-grade batch released last month, featuring one intercept of 70 g/t gold over 5.5 metres. With two rigs now in action, drilling continues on a program of up to 25,000 metres that’s slated to continue through winter.
The 7,563-hectare property has a 2012 resource estimate using a 4 g/t cutoff to show:
- inferred: 905,000 tonnes averaging 9.37 g/t for 273,000 ounces gold
BonTerra’s Larder Lake project in Ontario’s Cadillac-Larder Lake fault zone hosts two deposits with resources that the company considers historic, non-43-101:
- inferred: 3.75 million tonnes averaging 5.7 g/t for 683,000 ounces gold
- indicated: 335,000 tonnes averaging 4.07 g/t for 43,800 ounces gold
- inferred: 1.39 million tonnes averaging 5.2 g/t for 233,400 ounces
Another 59 holes totalling over 25,000 metres were drilled since the historic estimate, giving BonTerra data to evaluate for an updated resource.