BONTERRA QUEBEC EASTERN EXTENSION GOLD ASSAYS
BonTerra Resources Inc. (TSX Venture Exchange: BTR, FSE: 9BR) continues to receive thick widths of high grade gold on its Eastern Extension property (the "Property") which is situated 170km northeast of Val d'Or, Quebec. Assays have been received for four of the eight drill holes with assays pending at this time. The highlight of these four holes was BA-11-29. This is arguably the best drill hole BonTerra has drilled to date. Within this drill hole are two distinct veins with numerous specks of visible gold observed in the geological log. These samples assayed 114.0 and 129.0 g/t gold. Descriptions of the continued success of BonTerra's ongoing drill program are outlined below and in table 1. Table 2 details the locations of the four drill holes disclosed in this news release.
Primary Drill Intercepts of BA-11-29
- 15.30 metres assaying 14.85 g/t gold
- INCLUDING: 11.30 metres assaying 20.10 g/t gold
- INCLUDING: 5.3 metres assaying 41.55 g/t gold
- INCLUDING: 2.5 metres assaying 88.10 g/t gold
- INCLUDING: 0.70 metres assaying 129.00 g/t gold
- INCLUDING: 0.70 metres assaying 114.00 g/t gold
Primary Drill Intercepts of BA-11-26
- 25.50 metres assaying 1.19 g/t gold
- INCLUDING: 5.30 metres assaying 5.43 g/t gold
- INCLUDING: 2.60 metres assaying 10.19 g/t gold
- INCLUDING: 0.60 metres assaying 38.80 g/t gold
Primary Drill Intercepts of BA-11-25
- Several samples from the mineralized vein systems were drilled and are shown in table 1 below.
BA-11-10A
- This drill hole was abandoned at 99.61 metres due to difficult drilling conditions. The drill hole was re-drilled approximately four metres to the northeast and named BA-11-10. BA-11-10 hit multiple high grade zones at depth as disclosed in a news release dated August 8, 2011.
Table 1: Significant Drill Assays for the four drill holes
|
DDH |
From
(metres) |
To
(metres) |
Length
(metres) |
Gold Grade
(grams/tonne) |
|
BA-11-10A |
82.80 |
83.60 |
0.80 |
4.92 |
|
BA-11-25 |
158.00 |
159.30 |
1.30 |
7.60 |
|
BA-11-25 |
173.50 |
174.10 |
0.60 |
2.30 |
|
BA-11-25 |
222.00 |
223.00 |
1.00 |
2.77 |
|
BA-11-25 |
282.00 |
283.50 |
1.50 |
6.59 |
|
BA-11-26 |
328.50 |
354.00 |
25.50 |
1.19 |
|
Including |
331.50 |
336.80 |
5.30 |
5.43 |
|
Including |
331.50 |
334.10 |
2.60 |
10.19 |
|
Including |
333.50 |
334.10 |
0.60 |
38.80 |
|
BA-11-29 |
190.00 |
205.30 |
15.30 |
14.85 |
|
Including |
194.00 |
205.30 |
11.30 |
20.10 |
|
Including |
194.00 |
199.30 |
5.30 |
41.55 |
|
Including |
196.80 |
199.30 |
2.50 |
88.09 |
|
Including |
196.80 |
197.50 |
0.70 |
114.00 |
|
Including |
198.60 |
199.30 |
0.70 |
129.00 |
Mitchell Adam, President states, "We have intercepted numerous high grade zones with two samples assaying over 100 grams/tonne gold. It is becoming clear that with a greater understanding of the property our geological team continues hitting the targets. Once all of these holes are completed and assays received BonTerra intends to release our gold resource calculation for the Property."
Geological Characteristics of the Gold Bearing Veins on the Eastern Extension
The target for all drilling on the Eastern Extension property is smoky quartz veins mineralized with sulphides (pyrite, pyrrhotite, chalcopyrite, sphalerite ± visible gold). Sulphides commonly compose 1-10% of the mineralized zones and can be as high as 50% locally. Alteration is most commonly silica, carbonate, chlorite, tourmaline and sericite. The combination of quartz veins, tourmaline, alteration types and sulphides is ideal for gold mineralization in the area. Sphalerite present in the quartz veins appears to be associated with the highest grade gold zones on the property to date.
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.
The drill program and sampling is being supervised on behalf of the Company by Geologica Inc. of Val d'Or, Quebec. These are sample results, taken from mineralized intervals of the drill holes. Depths and lengths are core lengths and not true widths. Gold intercepts disclosed in this news release are significant gold intercepts and not all the samples submitted for fire assay. Samples were submitted to ALS Chemex of Val d'Or, Quebec for crushing, pulverizing and fire-assay for gold. Samples fire-assaying greater than 10 grams per tonne gold are then fire-assayed with a gravimetric finish. Assay samples are taken from drill core, sawed in half along the core axis. One half is sent to ALS Chemex Laboratories and the other half retained by the Company for future reference. The Company applies a full quality assurance and quality control program (QAQC) system for every batch of samples submitted to the lab (gold standard, sample duplicate and blank).
Table 2: Location of the Drill Holes with Assays Disclosed in this News Release
|
DDH
Number |
Northing
(UTM NAD83) |
Easting
(UTM NAD83) |
Depth
(metres) |
Azimuth
(degrees) |
Dip
(degrees) |
| BA-11-10A |
456233 |
5428223 |
99.61 |
160.0 |
-65 |
| BA-11-25 |
456140 |
5428118 |
351.00 |
190.0 |
-55 |
| BA-11-26 |
456140 |
5428118 |
498.10 |
198.8 |
-55 |
| BA-11-29 |
456204 |
5428128 |
291.28 |
160.0 |
-50 |
About BonTerra Resources
BonTerra is a Canadian gold exploration company focused continuing to expand the known gold zone on its Eastern Extension property, part of the world famous Abitibi Greenstone Belt of Quebec. BonTerra has a total of four properties in the Urban-Barry belt, all gold exploration targets. BonTerra's Eastern Extension, Lavoie, Urban-Barry and Anderson properties are located approximately 170 km NE of Val-d'Or and 125 km SW of Chibougamau in the Urban, Barry and Bailly townships in Québec.
Other Companies Exploring in the Urban-Barry Gold Camp
Neighboring companies in the region are Metanor, Amseco, Beaufield, Eagle Hill, Glen Eagle, Urbana, Freewest and Key Gold. The Company has an option to earn 100% of the Eastern Extension property from Abitex Resources subject to a 2% NSR.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
/s/ Mitchell Adam
Mitchell Adam
President, Director
For further information contact:
info@bonterraresources.com
www.bonterraresources.com
Tel: (604) 678-5308
Fax: (604) 678-5309
Toll Free: 1-855-678-5308
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 the Company may announce a resource calculation for the Property. 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) adverse market conditions; (ii) delays with respect to drill results or preparation of a resource calculation; 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.
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Gold One International Ltd
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PRODUCTEUR |
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CODE : GDO.AX |
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ISIN : AU000000GDO5 |
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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. |