Thursday 29th June 2017

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New gold zone helps BonTerra Resources establish continuity at Gladiator

by Greg Klein | June 6, 2017

Known as the Rivage Gap, some 600 intriguing metres separating BonTerra Resources’ (TSXV:BTR) Gladiator deposit and the Rivage zone to the west has been a focus of current drilling. Now assays reveal a new zone south and west of the deposit that could help close the gap.

BonTerra has committed at least four rigs to sink up to 40,000 metres on its 8,126-hectare property that’s adding to the excitement that Osisko Mining’s (TSX:OSK) Windfall project has generated in Quebec’s Urban-Barry camp.

BonTerra announced results for three holes on June 6, showing:

Hole BA-17-06

  • 7.1 g/t gold over 1 metre, starting at 37 metres in downhole depth (Footwall zone)

  • 1.4 g/t over 2 metres, starting at 477 metres (Main zone)

BA-17-11

  • 12.7 g/t over 3.6 metres, starting at 424 metres (Main zone)

BA-17-12

  • 11.1 g/t over 2 metres, starting at 17 metres (Main zone)

  • 3.5 g/t over 2 metres, starting at 32 metres (Mid zone)

  • 8.8 g/t over 3 metres, starting at 346.7 metres (new South zone)
New gold zone helps BonTerra Resources establish continuity at Gladiator

With at least four rigs in action, BonTerra
Resources keeps its Gladiator camp busy.

True widths were estimated between 60% and 80%.

BA-17-12, “the most predominant and westerly hole,” was the fourth hole so far to hit the new South zone, which has approximately 500 metres in strike. Drilling has also extended other zones to the west, with the Main and Footwall zones reaching over one kilometre each in strike. Gladiator itself has been drilled to 850 metres in depth and 1.2 kilometres in strike, remaining open in all directions.

That outlines Gladiator well beyond its 2012 resource which, using a 4 g/t cutoff, showed an inferred 905,000 tonnes averaging 9.37 g/t for 273,000 ounces gold.

Apart from the Rivage Gap, drilling also targets the Deep East zone and additional areas described as “large gaps or voids with currently little drill information.”

The assays follow a batch released in mid-May, strengthening the presence of four other areas in the gap, the North, Footwall, Porphyry/Main and Mid zones. Footwall gave up a standout intercept of 10 g/t gold over 4 metres, while North followed closely with 9.5 g/t over 4.2 metres.

In March BonTerra optioned Durango Resources’ (TSXV:DGO) Trove property, described as a direct extension of the Gladiator/Coliseum southwest mineralized trend.

Financings in February and March raked in $5.2 million from Kinross Gold TSX:K, as well as nearly $15 million that came with the participation of Sprott Capital Partners.

In Ontario’s Cadillac-Larder Lake fault zone, meanwhile, BonTerra has drilling planned to update historic, non-43-101 resources. VP of exploration Dale Ginn believes three historic deposits could comprise a single deposit.

Read more about BonTerra Resources.

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