Mr. Nav Dhaliwal reports
BONTERRA INTERSECTS 29.6 G/T AU OVER 3.0 M AT THE GLADIATOR GOLD DEPOSIT AS NEW HIGH-GRADE TRENDS CONTINUE TO EMERGE
Bonterra Resources Inc. has released the latest drilling results from the continuing resource development program at the Gladiator gold deposit, including an intersection of 29.6 grams per tonne gold over 3.0 metresat the South zone. This indicates the presence of a new high-grade chute and is open at depth. Recent infill drilling results demonstrate the continuity of mineralization and increase the thickness of all defined zones. Stepout drilling revealed new areas of high-grade mineralization and has expanded the known extents of mineralization along multiple zones.
Highlights and observations:
Infill and extension drill results continue to validate the Gladiator model.BA-18-53A intersected multiple high-grade gold zones, including 29.6 grams per tonne gold over 3.0 metres at the South zone, indicating the presence of a new high-grade chute, expanding the known extents of mineralization and opening the South zone at depth.BA-18-53A intersected multiple structures in the North zone with 6.5 grams per tonne gold over 2.0metres and 4.0 grams per tonne goldover 3.0 metres.BA-18-53A also intersected the Footwall zone with 4.5 grams per tonne goldover 3.0metres, increasing the thickness of the zone at 600 metres below surface.BA-18-54 further defines the North zone with 9.4 grams per tonne gold over 3.0 metres. This intersection increases the grade and indicates the continuity of the North zone in the eastern part of the deposit.BA-18-58 intersected the South zone at 600 metres below surface with 12.3 grams per tonne goldover 1.5 metres, connecting the mineralization at the Rivage area to a high-grade chute at depth.BA-18-58 intersected the Main zone, expanding the extents of known mineralization up plunge with 4.1 grams per tonne goldover 1.5 metres.BA-18-62 intersected the Main zone, increasing the size of the high-grade chute 400 metres below surface with 17.7 grams per tonne goldover 2.0 metres.BA-18-62 intersected two structures in the South zone with 9.8 grams per tonne goldover 2.0 metres and 5.8 grams per tonne gold over 2.0 metres, proving continuity.
To date, continuity of mineralization is now confirmed over a total drilled strike length on at least four horizons (North, Footwall, Main and South) of 1,300 metres as well as a drilled depth of over 1,000 metres.
The continuing resource development program continues to expand and define the Gladiator gold deposit ahead of the updated mineral resource estimate scheduled for Q4 2018. Drilling to be included in the coming mineral resource estimate has now been completed. Drilling continues with three drills at the deposit focused on extension drilling along strike to the northeast and southwest.
HoleFromToLength* Grade Zone/area(m) (m) (m) (g/t Au)BA-18-53A605.0 607.0 2.06.5 NorthBA-18-53A614.0 617.0 3.04.0 NorthBA-18-53A684.0 687.0 3.04.5Footwall BA-18-53A988.0 991.0 3.0 29.6 SouthBA-18-54 564.0 567.0 3.09.4 NorthBA-18-56 466.0 468.0 2.06.0 SouthBA-18-57A607.0 608.0 1.09.5Main BA-18-58 741.0 742.5 1.54.1Main BA-18-58 882.0 883.5 1.5 12.3 SouthBA-18-61B443.6 444.8 1.24.3Main BA-18-61B504.0 505.1 1.15.6 SouthBA-18-61B722.0 724.0 2.06.9 BarbeauBA-18-62 540.5 542.5 2.0 17.7Main BA-18-62 585.0 586.0 2.05.8 SouthBA-18-62 594.0 596.0 2.09.8 SouthBA-18-62 614.3 615.0 0.78.8 BarbeauBA-18-62 619.2 622.5 3.35.5 Barbeau* Stated lengths are core widths as drilled; true widths vary and average between 60 per cent and 80 per cent of drilled widths. Core axis angles of the intersection contacts and surrounding rock units average 55 degrees to 70 degrees.
Please see the company's websitefor updated maps, including long sections and cross-sections.
Robert Gagnon, PGeo, has approved the information contained in this release.Mr. Gagnon is a director of Bonterra and is a qualified person as defined by National Instrument 43-101.
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