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Gold One International Ltd

Publié le 10 mai 2012

Bonterra Assays 73.82 G/T Gold Over 3.0 Metres At The New Rivage Zone On The Eastern Extension Prope

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Re:        News Release - Thursday, May 10, 2012
Title:     Bonterra Assays 73.82 G/T Gold Over 3.0 Metres At The New Rivage Zone On The Eastern Extension Property, Quebec

Vancouver, BC -- May 10, 2012: BonTerra Resources Inc. (TSXV: BTR; FSE: 9BR) (the "Company" or "BonTerra") has received exciting high grade gold assays for hole BA-12-10 ("Hole 10"), the first drill hole BonTerra drilled into the Rivage Zone ("Rivage") on its Eastern Extension property (the "Property") which is located approximately 170 km northeast of Val d'Or, Quebec. Hole 10 has surpassed BonTerra's expectations and assayed 73.82 g/t gold over 3.00 metres. The highest grade sample received from this drill hole was 220.00 g/t gold (6.41 Ounces per short ton) in a one metre long drill core sample. This is the highest grade drill core sample BonTerra has received since commencing work on the Property in the fall of 2010. Significant drill results are shown in table 1 with the collar details shown in table 2.

Table 1: Significant drill results

Drill Hole
Number
From
(metres)
To
(metres)
Length
(metres)
Gold Grade
(g/t)
BA-12-10 230.00 231.00 1.00 2.95
BA-12-10 254.00 257.00 3.00 73.82
Including 254.00 255.00 1.00 220.00
Including 255.00 257.00 2.00 0.73
BA-12-10 340.00 342.00 2.00 1.20
BA-12-05 60.15 61.15 1.00 2.75
BA-12-05 112.35 112.85 0.50 1.15

Hole 10 was collared approximately 120 metres from the Rivage outcrop and assayed 204 g/t gold in a chip sample. BonTerra also intercepted bonanza gold grades in a smoked, altered and mineralized quartz-carbonate vein. To view a photograph of this mineralized high grade gold vein taken by Robert Gagnon on March 21, 2012, click on the following link: http://www.bonterraresources.com/i/photos/BA-12-10-Long-View.jpg. Management believes this demonstrates a potential continuity of the Rivage. This potential continuity, on top of hitting the target at depth, led BonTerra to drill an additional four (4) holes into the Rivage.

Thomas Clarke, Director states "BonTerra is encouraged by the Rivage Zone drill results, the assay of 220 g/t gold and the interception of a new vein on the Property. The discovery of somewhat coarse visible gold at depth was the strongest factor motivating us to drill four additional holes averaging 420 metres in depth into the target before receiving assays for BA-12-10. The area from the Rivage northeast across Lac Barry to the primary drilling area and eastwards further still appears to be one large target. BonTerra has confidence in the high caliber of the Urban-Barry gold camp."

Qualified Person

This technical content of this press release has been reviewed and accepted by Thomas Clarke, Pr.Sci.Nat., a Director of BonTerra. Mr. Clarke is a Qualified Person under NI 43-101. Sample preparation and analysis is discussed below.

These sample results disclosed aboved are taken from mineralized intervals of the drill holes. Depths and lengths are core lengths and are not true widths and possibly down dip at times or otherwise non perpendicular. The gold intercepts disclosed in this news release are significant gold intercepts and not all the samples were submitted for fire assay. Samples were submitted to AGAT Laboratories ("AGAT") in Sudbury, Ontario for crushing, and pulverizing. AGAT is independent of the Company and is certified by the Standards Council of Canada (Accredited laboratory 665). The samples crushed to 75% passing 2 mm and split to 250 grams. The crushed sample is then pulverized to 85% passing 75 um. Once the sample preparation is complete they are shipped to AGAT's head office in Mississauga, Ontario for analysis. Fifty gram samples are fire assayed with ICP finish. All samples assaying greater than 10 g/t gold are then re-assayed with a gravimetric finish and by metallic screen with a fire assay finish. Assay samples are taken from drill core, sawed in half along the core axis. One half is sent to AGAT and the other half retained by the Company for future reference. BonTerra retains coarse rejects and pulps in a secure facility. The Company applies a full quality assurance and quality control program (QAQC) system for every batch of samples submitted to the lab (gold standard, field sample duplicate and blank).

Table 2: Collar details of drill holes disclosed in this news release

Drill Hole
Number
Easting
(NAD83)
Northing
(NAD83)
Elevation
(metres)
Azimuth
(degrees)
Dip
(degrees)
Depth
(metres)
BA-12-05 456,290.00 5,428,042.00 390.00 340.00 -60.00 201.00
BA-12-06 456,228.00 5,427,913.00 390.00 340.00 -60.00 201.00
BA-12-10 455,262.00 5,428,020.00 390.00 160.00 -50.00 429.00

About BonTerra Resources

BonTerra is a Canadian gold exploration company based in Vancouver, BC focused on continuing to expand the drill defined gold zones on its Eastern Extension property, part of the world famous Abitibi Greenstone Belt in mining friendly Quebec. BonTerra has a total of three gold properties in the Urban-Barry belt, the Eastern Extension, Lavoie and Urban-Barry properties which are located approximately 170 km NE of Val-d'Or and 125 km SW of Chibougamau in the Urban, Barry and Bailly townships in Qu�bec.

The Company owns 100% of the Property subject to a 2% NSR which is held by three individuals. 1% of the NSR can be purchased for a sum of $500,000.

ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.

/s/Thomas Clarke
Thomas Clarke
Director
(604) 678-5308

For further information contact:
Navjit Dhaliwal
info@bonterraresources.com
www.bonterraresources.com
Tel: (604) 678-5308

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as the statement that: (i)management believes that there is potential for continuity of the mineralized quartz-carbonate vein intercepted on the Property, and (ii) the Rivage may be traced to greater vertical depths. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) delays with respect to drill results; (ii) the chip sample results, historical results, drill results and assays may not be representative of future results on the Property or of the extent of mineralization on other parts of the Property or of the continuity of mineralization, and (iii) general uncertainties with respect to mineral exploration in general. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Copyright � 2012 BONTERRA RESOURCES INC. (TSX-V:BTR) All rights reserved. For more information visit our website at http://www.bonterraresources.com/ or send email to info@bonterraresources.com ..

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Gold One International Ltd

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Gold One est une société développant des projet miniers d'or basée en Afrique Du Sud.

Ses principaux projets en production sont SUB NIGEL & SPAARWATER et MODDER EAST en Afrique Du Sud et ses principaux projets en exploration sont NEW KLEINFONTEIN & TURNBRIDGE, HOLFONTEIN et VENTERSBURG en Afrique Du Sud et ETENDEKA en Namibie.

Gold One est cotée aux Etats-Unis D'Amerique, en Australie, en Afrique Du Sud et en Allemagne. Sa capitalisation boursière aujourd'hui est 242,1 millions AU$ (213,2 millions US$, 156,2 millions €).

La valeur de son action a atteint son plus bas niveau récent le 03 avril 2009 à 0,01 AU$, et son plus haut niveau récent le 15 mai 2009 à 12,00 AU$.

Gold One possède 807 080 905 actions en circulation.

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