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BonTerra Resources expands new gold zone at Gladiator as $40-million campaign continues

by Greg Klein | July 20, 2017

BonTerra Resources expands new gold zone at Gladiator as $40-million campaign continues

A cross-section looking southwest shows expansion at depth.

 

A zone confirmed last month has been extended by more than 300 metres in depth as multiple rigs attack BonTerra Resources’ (TSXV:BTR) Gladiator project. Four holes released July 20 come from the Rivage Gap, a 600-metre area between the property’s Gladiator deposit and the Rivage zone to the west. The star intercept hit 21.5 g/t over 3 metres but BonTerra emphasized hole BA-17-22, which assayed 12 g/t over 3.8 metres at a depth nearly 350 metres below the zone’s last reported assay. Drilling also extended the Main and North zones at depth.

The July 20 results show:

Hole BA-17-15 (Main zone)

  • 9.1 g/t gold over 4 metres, starting at 920 metres in downhole depth
BonTerra Resources expands new gold zone at Gladiator as $40-million campaign continues

Multiple rigs ensure an abundance of core
at BonTerra Resources’ Gladiator project.

BA-17-16 (North zone)

  • 3.1 g/t over 2 metres, starting at 418 metres

BA-17-21

  • 21.5 g/t over 3 metres, starting at 572 metres (North zone)

  • 2.2 g/t over 3 metres, starting at 618 metres (Footwall zone)

BA-17-22 (South zone)

  • 12 g/t over 3.8 metres, starting at 712.2 metres

Estimated true widths average between 60% and 80%.

The South zone extension marks “the first result from our southern island location,” said VP of exploration Dale Ginn. “This location provides access to drill the Rivage Gap area to depth from the hanging wall side of the Gladiator deposit and enables us to extend the under-plunge areas of the other four zones as well.”

While Osisko Mining’s (TSX:OSK) Windfall project garners the most attention in Quebec’s Urban-Barry area play, BonTerra raised $40 million this year. The 8,126-hectare property’s campaign features at least four rigs sinking up to 40,000 metres. Crying out for a resource update is the Gladiator deposit, with an inferred 273,000 ounces gold and remaining open in all directions. Drilling focuses outside the resource area, now targeting the property’s Deep East zone, the Rivage Gap western side and Rivage Gap infill, as well as possible exploration on the contiguous Coliseum property.

BonTerra also plans to drill its Larder Lake project in Ontario’s Cadillac/Larder Lake break. An historic, non-43-101 estimate gives the property’s Bear Lake deposit an inferred 683,000 gold ounces, while the Cheminis deposit has a non-43-101 estimate of 43,800 gold ounces indicated and 233,400 ounces inferred.

Read more about BonTerra Resources.

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