- Bonterra Resources (BTR) has announced expansion drilling results from the ongoing program its Gladiator deposit
- The company released assays from 18 drill holes, including six holes outside the current mineral resource estimate
- The program has been a success so far, reported the company, with several holes intersecting multiple mineralized intervals
- Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec
- Bonterra Resources Inc. (BTR) is up 4.51 per cent on the day, trading at $1.39 per share
Bonterra Resources (BTR) has announced expansion drilling results from the ongoing program at its Gladiator deposit in Quebec.
The company released assays from 18 drill holes, including six holes outside the current mineral resource estimate.
In the South Zone, drilling intersected 7.2 g/t gold over 4.0 metres, including 57.0 g/t gold over 0.5 metres in hole BA-21-23
Pascal Hamelin, CEO of Bonterra, commented on the results.
“I’m very excited with the results to date from the ongoing drilling campaign at Gladiator,” he said.
“The grade and width of hole BA-21-23 bode well for the mining scenarios currently being evaluated in the PEA and hole BA-21-07 shows the great potential at depth at Gladiator.”
Work on the preliminary economic assessment (PEA) is expected to be completed in the fourth quarter.
Through this drilling campaign, the company is focusing on expanding the Gladiator deposit to supplement the current mineral resource estimate.
The program has been a success so far, reported the company, with several holes intersecting multiple mineralized intervals.
“I look forward to sharing more assay results from the ongoing drilling campaign as they become available in the coming weeks,” said Mr. Hamelin.
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec.
Bonterra Resources Inc. (BTR) is up 4.51 per cent on the day, trading at $1.39 per share as of 9:57 am ET.