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onterra Intersects 6.2 g/t Au over 7.7 m, Including 12.8 g/t Au over 2.8 m at the Barry Underground Project and Provides Exploration Updates
Val-d'Or, Quebec--(Newsfile Corp. - May 1, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce more results from the now completed infill and expansion drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate (the "2021 MRE", see press release dated June 23, 2021). The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization, primarily in the upper section of the deposit. In total, 31,349 metres ("m") (91 holes) of infill drilling has been completed from surface since August 2022. The Company has received assays for 80 holes so far, including the holes disclosed in this release (see press releases dated November 15, 2022, December 12, 2022, and March 27, 2023, for previously released holes).
Highlights include:
6.2 g/t Au over 7.7 m, including 12.8 g/t Au over 2.8 m and 13.0 g/t Au over 0.5 m in hole MB-23-598
26.3 g/t Au over 1.2 m, including 38.1 g/t Au over 0.7 m in hole MB-23-600
4.5 g/t Au over 4.2 m, including 20.3 g/t Au over 0.5 m in hole MB-23-592
1.6 g/t Au over 6.0 m, including 2.2 g/t Au over 2.0 m in hole MB-23-613
Marc André Pelletier, President and CEO commented: "The results reported today are encouraging for many reasons. Holes MB-23-598, MB-23-600 and MB-23-592 intercepted mineralisation consistent with the high-grade ore shoots in the 800 Zone. Meanwhile, hole MB-23-613 confirmed the extension of mineralization from the 800 Zone approximately 150 m further than the known mineralized envelope and suggests that there is continuity of the mineralization at depth. With the conclusion of the winter drill program at Duke, we have started a greenfield exploration program at Barry North-East and a more focused program at Panache South. Bonterra remains committed to continuing to explore the Urban-Barry camp where several million ounces of gold have already been discovered to date."
Exploration Updates
The drill program at the Duke property ("Duke"), a joint venture with Osisko Mining Inc. ("Osisko"), consisting of 10 holes covering 3,387 m has been completed on schedule (see press releases dated March 6, 2023, and March 27, 2023). Also, a short drill program of two holes totaling 706 m was completed just before the spring thaw at the Nelligan property near the Bachelor Mill Complex.
Following the completion of the Duke and Nelligan programs, the Company has allocated one drill rig to its Barry North-East regional exploration program, which consists of 11 drill holes covering 3,200 m. This program targets polarization anomalies along the Mazeres fault corridor, located 3 kilometers ("km") to the northeast of the Barry deposit (See Figure 3). So far, three drill holes covering 969 m have been completed.
The Company will also commence a 3,500 m exploration and follow-up drill program at the Panache South target. The area includes the historical Panache South showing with 12.9 g/t Au over 0.5 m and 3.2 g/t Au over 0.4 m. In 2021, the Company drilled 4,383 m at the Panache South target and intersected significant gold mineralization, including 5.5 g/t Au over 1.5 m, including 16.2 g/t Au over 0.5 m, 23.1 g/t Au over 2.3 m, including 62.3 g/t Au over 0.8 m, and 30.6 g/t Au over 1.5 m, including 91.4 g/t Au over 0.5 m from shear-hosted quartz carbonate vein systems (Panache South drill hole references in this paragraph are from the Company's press release dated March 1, 2022).
Diamond Drilling Results Highlights:
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
Figure 1 - Barry Project -Surface lan, holes, and location of highlights
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
The infill drill program at the Barry underground project was designed to convert the Inferred resources from the 2021 MRE into Indicated resources by decreasing the drill spacing to 25 m and to expand the mineralization in the sub-vertical 800 Zone at depth. The results presented in this release demonstrate the predictability of the 800 Zone geology model and highlight that the mineralization remains open at depth, following the well-defined high-grade ore shoots.
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
Figure 2 - Barry Project - Long Section, 800 Zone Looking northwest
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
The infill drill results from the 800 Zone continue to demonstrate a high potential for high-grade mineralization, as evidenced by intersections of 6.2 g/t Au over 7.7 m, including 12.8 g/t Au over 2.8 m and 13.0 g/t Au over 0.5 meters in hole MB-23-598, 26.3 g/t Au over 1.2 meters, including 38.1 g/t Au over 0.7 m in hole MB-23-600, and 4.5 g/t Au over 4.2 m, including 20.3 g/t Au over 0.5 m in hole MB-23-592.
Furthermore, preliminary results from three holes drilled 150 meters down plunge of the 800 Zone have returned 1.6 g/t Au over 6.0 m, including 2.2 g/t Au over 2.0 m in hole MB-23-613, confirming the mineralization remains open at depth and allow to target new high-grade shoots down dip of the orebody to the east.
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
Figure 3 - Urban-Barry Project - Regional exploration targets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
The Barry North-East and the Panache South properties are located on the west portion of the Urban-Barry camp, in the Macho mafic volcanic formation, where the Barry deposit and Moss showings occur along the Mazeres fault system striking N60 toward the Osisko's Windfall deposit. The Panache showing located in the northeast portion of the area occurs along the Milner fault which also hosts the Fox and Fox West Zones owned by Osisko.
Barry deposit geology
The Barry gold deposit is characterized by three dominant sets of structures, all dipping to the southeast. The sub-vertical shear zones and the H-Series shear zones dipping 25 to 40 degrees are hosted within intermediate to mafic volcanics and tuffs with local felsic intrusions. Contact zones dip from 50 to 65 degrees along the lower and upper contacts of the D1, D2 and D3 felsic intrusions with mafic volcanics. Gold mineralization is associated with disseminated sulphides within shear zones and veins with local visible gold. The Barry deposit has been delineated over 1.4 km along strike and 700 m below surface and remains open for expansion.
Table of diamond drill hole results:
The following table shows the significant intersections of the drill holes presented in this press release.
Program Hole ID
From
(m) To
(m) Meters
(m) Grades
(g/t Au) Metal Factor
(Length X Grade) Zones
Underground Infill MB-23-592
181.6 185.8 4.2 4.5 19.1 800
Underground Infill MB-23-592 Including 184.1 184.6 0.5 20.3 10.2 800
Underground Infill MB-23-596
133.0 141.9 8.9 1.0 8.7 800
Underground Infill MB-23-596 Including 136.8 139.7 2.9 1.7 4.9 800
Underground Infill MB-23-598
179.5 187.2 7.7 6.2 47.9 800
Underground Infill MB-23-598 Including 180.2 183.0 2.8 12.8 35.8 800
Underground Infill MB-23-598 And Including 185.7 186.2 0.5 13.0 6.5 800
Underground Infill MB-23-600
222.9 229.8 6.9 0.8 5.7 D1 Intrusive
Underground Infill MB-23-600
250.0 251.2 1.2 26.3 31.6 800
Underground Infill MB-23-600 Including 250.5 251.2 0.7 38.1 26.7 800
Underground Infill MB-23-613
344.0 350.0 6.0 1.6 9.7 800
Underground Infill MB-23-613 Including 348.0 350.0 2.0 2.2 4.4 800
Notes:
1) The meterage represents the actual length of the drilled lengths.
2) Estimated true widths for the Barry interpreted zones are as follows: D series, AB series, H series 70% to 90% of core length, 800 series 50% to 70% of core length.
3) The mineralized intervals listed are above 0.5 g/t Au and with metal factor (grades x thickness) above 5.
4) Gold grades are uncut.
Quality Control and Reporting Protocols
The Barry project's drill core gold analyses are performed at Bachelor Mine Laboratory, Actlabs (Ste-Germaine-Boulé) and at AGAT Laboratories located in Val d'Or, Quebec. The Company's laboratory and external laboratories employ a rigorous QA-QC analysis program that meets industry standards. The analyses are carried out by fire assay (A.A.) with atomic absorption finish at Bachelor Mine Laboratory and with gravimetric finish for assay above 10 g/t Au at Actlabs and AGAT laboratories. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor the Laboratory's performance. The Company's QA-QC program requires that at least 5% of samples be analyzed by an independent laboratory. These verification samples are sent to ALS Minerals laboratory facility located in Val-d'Or, Quebec. The verifications show a high degree of correlation with the Laboratory's results.
Qualified Person
Boris Artinian, P. Geo., (OGQ # 1546) Chief Geologist of the Company oversees the exploration activities on the Urban-Barry property and has compiled and approved the information contained in this press release. Mr. Artinian is a qualified person as defined by National Instrument 43-101 on standards of disclosure for mineral projects.
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company has four main assets, Gladiator, Barry, Moroy, and Bachelor that collectively have a total of 1.24 million ounces in Measured and Indicated categories, and 1.78 million ounces in Inferred category. Importantly, the Company owns the only permitted and operational gold mill in the region. Bonterra is focused on graduating from advanced exploration to a development company to deliver shareholder value.
FOR ADDITIONAL INFORMATION
Marc-André Pelletier, President & CEO
ir@btrgold.com
2872 Sullivan Road, Suite 2, Val d'Or, Quebec J9P 0B9
819-279-9304 | Website: www.btrgold.com
Val-d'Or, Quebec--(Newsfile Corp. - May 1, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce more results from the now completed infill and expansion drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate (the "2021 MRE", see press release dated June 23, 2021). The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization, primarily in the upper section of the deposit. In total, 31,349 metres ("m") (91 holes) of infill drilling has been completed from surface since August 2022. The Company has received assays for 80 holes so far, including the holes disclosed in this release (see press releases dated November 15, 2022, December 12, 2022, and March 27, 2023, for previously released holes).
Highlights include:
6.2 g/t Au over 7.7 m, including 12.8 g/t Au over 2.8 m and 13.0 g/t Au over 0.5 m in hole MB-23-598
26.3 g/t Au over 1.2 m, including 38.1 g/t Au over 0.7 m in hole MB-23-600
4.5 g/t Au over 4.2 m, including 20.3 g/t Au over 0.5 m in hole MB-23-592
1.6 g/t Au over 6.0 m, including 2.2 g/t Au over 2.0 m in hole MB-23-613
Marc André Pelletier, President and CEO commented: "The results reported today are encouraging for many reasons. Holes MB-23-598, MB-23-600 and MB-23-592 intercepted mineralisation consistent with the high-grade ore shoots in the 800 Zone. Meanwhile, hole MB-23-613 confirmed the extension of mineralization from the 800 Zone approximately 150 m further than the known mineralized envelope and suggests that there is continuity of the mineralization at depth. With the conclusion of the winter drill program at Duke, we have started a greenfield exploration program at Barry North-East and a more focused program at Panache South. Bonterra remains committed to continuing to explore the Urban-Barry camp where several million ounces of gold have already been discovered to date."
Exploration Updates
The drill program at the Duke property ("Duke"), a joint venture with Osisko Mining Inc. ("Osisko"), consisting of 10 holes covering 3,387 m has been completed on schedule (see press releases dated March 6, 2023, and March 27, 2023). Also, a short drill program of two holes totaling 706 m was completed just before the spring thaw at the Nelligan property near the Bachelor Mill Complex.
Following the completion of the Duke and Nelligan programs, the Company has allocated one drill rig to its Barry North-East regional exploration program, which consists of 11 drill holes covering 3,200 m. This program targets polarization anomalies along the Mazeres fault corridor, located 3 kilometers ("km") to the northeast of the Barry deposit (See Figure 3). So far, three drill holes covering 969 m have been completed.
The Company will also commence a 3,500 m exploration and follow-up drill program at the Panache South target. The area includes the historical Panache South showing with 12.9 g/t Au over 0.5 m and 3.2 g/t Au over 0.4 m. In 2021, the Company drilled 4,383 m at the Panache South target and intersected significant gold mineralization, including 5.5 g/t Au over 1.5 m, including 16.2 g/t Au over 0.5 m, 23.1 g/t Au over 2.3 m, including 62.3 g/t Au over 0.8 m, and 30.6 g/t Au over 1.5 m, including 91.4 g/t Au over 0.5 m from shear-hosted quartz carbonate vein systems (Panache South drill hole references in this paragraph are from the Company's press release dated March 1, 2022).
Diamond Drilling Results Highlights:
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
Figure 1 - Barry Project -Surface lan, holes, and location of highlights
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
The infill drill program at the Barry underground project was designed to convert the Inferred resources from the 2021 MRE into Indicated resources by decreasing the drill spacing to 25 m and to expand the mineralization in the sub-vertical 800 Zone at depth. The results presented in this release demonstrate the predictability of the 800 Zone geology model and highlight that the mineralization remains open at depth, following the well-defined high-grade ore shoots.
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
Figure 2 - Barry Project - Long Section, 800 Zone Looking northwest
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
The infill drill results from the 800 Zone continue to demonstrate a high potential for high-grade mineralization, as evidenced by intersections of 6.2 g/t Au over 7.7 m, including 12.8 g/t Au over 2.8 m and 13.0 g/t Au over 0.5 meters in hole MB-23-598, 26.3 g/t Au over 1.2 meters, including 38.1 g/t Au over 0.7 m in hole MB-23-600, and 4.5 g/t Au over 4.2 m, including 20.3 g/t Au over 0.5 m in hole MB-23-592.
Furthermore, preliminary results from three holes drilled 150 meters down plunge of the 800 Zone have returned 1.6 g/t Au over 6.0 m, including 2.2 g/t Au over 2.0 m in hole MB-23-613, confirming the mineralization remains open at depth and allow to target new high-grade shoots down dip of the orebody to the east.
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
Figure 3 - Urban-Barry Project - Regional exploration targets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/164334_ec2595f5e4…
The Barry North-East and the Panache South properties are located on the west portion of the Urban-Barry camp, in the Macho mafic volcanic formation, where the Barry deposit and Moss showings occur along the Mazeres fault system striking N60 toward the Osisko's Windfall deposit. The Panache showing located in the northeast portion of the area occurs along the Milner fault which also hosts the Fox and Fox West Zones owned by Osisko.
Barry deposit geology
The Barry gold deposit is characterized by three dominant sets of structures, all dipping to the southeast. The sub-vertical shear zones and the H-Series shear zones dipping 25 to 40 degrees are hosted within intermediate to mafic volcanics and tuffs with local felsic intrusions. Contact zones dip from 50 to 65 degrees along the lower and upper contacts of the D1, D2 and D3 felsic intrusions with mafic volcanics. Gold mineralization is associated with disseminated sulphides within shear zones and veins with local visible gold. The Barry deposit has been delineated over 1.4 km along strike and 700 m below surface and remains open for expansion.
Table of diamond drill hole results:
The following table shows the significant intersections of the drill holes presented in this press release.
Program Hole ID
From
(m) To
(m) Meters
(m) Grades
(g/t Au) Metal Factor
(Length X Grade) Zones
Underground Infill MB-23-592
181.6 185.8 4.2 4.5 19.1 800
Underground Infill MB-23-592 Including 184.1 184.6 0.5 20.3 10.2 800
Underground Infill MB-23-596
133.0 141.9 8.9 1.0 8.7 800
Underground Infill MB-23-596 Including 136.8 139.7 2.9 1.7 4.9 800
Underground Infill MB-23-598
179.5 187.2 7.7 6.2 47.9 800
Underground Infill MB-23-598 Including 180.2 183.0 2.8 12.8 35.8 800
Underground Infill MB-23-598 And Including 185.7 186.2 0.5 13.0 6.5 800
Underground Infill MB-23-600
222.9 229.8 6.9 0.8 5.7 D1 Intrusive
Underground Infill MB-23-600
250.0 251.2 1.2 26.3 31.6 800
Underground Infill MB-23-600 Including 250.5 251.2 0.7 38.1 26.7 800
Underground Infill MB-23-613
344.0 350.0 6.0 1.6 9.7 800
Underground Infill MB-23-613 Including 348.0 350.0 2.0 2.2 4.4 800
Notes:
1) The meterage represents the actual length of the drilled lengths.
2) Estimated true widths for the Barry interpreted zones are as follows: D series, AB series, H series 70% to 90% of core length, 800 series 50% to 70% of core length.
3) The mineralized intervals listed are above 0.5 g/t Au and with metal factor (grades x thickness) above 5.
4) Gold grades are uncut.
Quality Control and Reporting Protocols
The Barry project's drill core gold analyses are performed at Bachelor Mine Laboratory, Actlabs (Ste-Germaine-Boulé) and at AGAT Laboratories located in Val d'Or, Quebec. The Company's laboratory and external laboratories employ a rigorous QA-QC analysis program that meets industry standards. The analyses are carried out by fire assay (A.A.) with atomic absorption finish at Bachelor Mine Laboratory and with gravimetric finish for assay above 10 g/t Au at Actlabs and AGAT laboratories. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor the Laboratory's performance. The Company's QA-QC program requires that at least 5% of samples be analyzed by an independent laboratory. These verification samples are sent to ALS Minerals laboratory facility located in Val-d'Or, Quebec. The verifications show a high degree of correlation with the Laboratory's results.
Qualified Person
Boris Artinian, P. Geo., (OGQ # 1546) Chief Geologist of the Company oversees the exploration activities on the Urban-Barry property and has compiled and approved the information contained in this press release. Mr. Artinian is a qualified person as defined by National Instrument 43-101 on standards of disclosure for mineral projects.
About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company has four main assets, Gladiator, Barry, Moroy, and Bachelor that collectively have a total of 1.24 million ounces in Measured and Indicated categories, and 1.78 million ounces in Inferred category. Importantly, the Company owns the only permitted and operational gold mill in the region. Bonterra is focused on graduating from advanced exploration to a development company to deliver shareholder value.
FOR ADDITIONAL INFORMATION
Marc-André Pelletier, President & CEO
ir@btrgold.com
2872 Sullivan Road, Suite 2, Val d'Or, Quebec J9P 0B9
819-279-9304 | Website: www.btrgold.com
..not so bad 
onterra Intersects 34.7 g/t Au over 2.4 m at the Barry Underground Project and Provides an Update on the Duke Property Joint Venture Drill Program
Val-d'Or, Quebec--(Newsfile Corp. - March 27, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce more results from the now completed infill drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate (the "2021 MRE", see press release dated June 23, 2021). The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization in the upper section of the deposit. In total, 31,349 meters ("m") (91 holes) of infill drilling has been completed from surface since August 2022. The Company has received assays for 75 holes so far, including the ones in this release (see press releases dated November 15, 2022 and December 12, 2022 for previously released holes).
Highlights include:
34.7 g/t Au over 2.4 m, including 72.0 g/t Au over 1.1 m in hole MB-22-560A
17.7 g/t Au over 3.2 m, including 30.1 g/t Au over 1.8 m in hole MB-23-594
11.6 g/t Au over 3.3 m, including 19.8 g/t Au over 1.8 m in hole MB-23-589
9.0 g/t Au over 9.2 m, including 21.7 g/t Au over 2.0 m in hole MB-22-578
8.2 g/t Au over 6.0 m, including 17.6 g/t Au over 2.7 m in hole MB-22-556
6.4 g/t Au over 4.0 m, including 13.2 g/t Au over 1.2 m in hole MB-22-565A
Duke Joint Venture Drill Program Update
In March, the Company announced a 3,300 m drill program at the Duke property ("Duke"), a joint venture with Osisko Mining Inc. ("Osisko"). As of now, six of ten holes have been drilled, and the drilling activities are tracking on schedule (see press release dated March 6, 2023). The drill results are expected to be released upon completion of the program.
The drill program at Duke is part of the Company's renewed focus on regional exploration at a rate of approximately 1,400 m per month in the Urban-Barry and Bachelor camps.
Marc André Pelletier, President and CEO, commented: "The exploration program at Duke in collaboration with our joint venture partner Osisko is progressing well. Duke is located adjacent to the Company's Gladiator deposit and Osisko's Windfall gold project, as well as the Barry deposit to the west. Together, these three deposits contain a significant gold resource of over 10 million ounces, and the Company remains focused on exploring the Urban-Barry camp this year. Following the completion of the infill drill program at the Barry underground project, the Company plans to update the geological model of the underground deposit to determine the next steps for the Barry deposit. Additionally, an exploration program will soon take place at the Barry Northeast and Panache properties to test high potential exploration targets."
Diamond Drilling Results Highlights:
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Figure 1 - Barry Project -Surface Plan, Holes, and Highlights Location
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/159916_6c1f347024…
The completed infill drill program of the Barry underground project was designed to convert the Inferred resources from the 2021 MRE into Indicated resources by decreasing the drill spacing to 25 m. The program especially aims to delineate and expand high-grade mineralized shoots identified in the 2021 MRE. Results from recent assays, including those in this press release, underscore the potential of increasing quantity and continuity of the underground mineralization.
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Figure 2 - Barry Project - Composite Long Section of the Barry Deposit Looking Northwest
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/159916_6c1f347024…
Infill drilling in the 800 zone continue to delineate and increase the length and continuity of the high-grade shoots. Results like 34.7 g/t Au over 2.4m including 72.0 g/t Au over 1.1 m in hole MB-22-560A, 16.3 g/t Au over 2.8 m including 26.6 g/t Au over 1.7 m in hole MB-22-585 and 17.7 g/t Au over 3.2 m including 30.1 g/t Au over 1.8 m in hole MB-23-594 enhance the potential of high grade continuous mineralized shoots in the 800 zone (Figure 3). Assays from 17 holes drilled in the zone 800 during winter are pending.
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Figure 3 - Barry Project - Long Section, Zone 800 Looking Northwest
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/159916_6c1f347024…
Infill Drilling into the H6/D4 moderate south dipping self-intersecting zones helped to better constrain the high-grade mineralization highlighted by the 2021 MRE. Infill drilling continues to highlight the continuity of high-grade shoots through the mineralized shears. Results as 9.0 g/t Au over 9.2 m including 21.7 g/t Au over 2.0 m in hole MB-22-578, 5.6 g/t Au over 6.3 m including 10.7 g/t Au over 2.0 m in hole MB-22-575 and 4.6 g/t Au over 7.7 m including 9.2 g/t Au over 2.5 m and 11.5 g/t Au over 0.7 m in hole MB-22-554 enhance the 300 m long continuity of large high grade shoots in zone H6 (Figure 4).
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Figure 4 - Barry Project - Long Section, Zone H6 and D4 Looking Northwest
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1528/159916_6c1f347024…
Infill drilling in poorly defined H18 zone following the high-grade shoots has successfully intercepted high mineralization were predicted. Drill results highlight the potential for a 300 m long mineralized shoot in the shear zone located 20 m beneath the H6 shear. Demonstration is made by results in hole MB-22-565A with 6.4 g/t Au over 4.0 m including 13.2 g/t Au over 1.2 m, hole MB-22-564 returning 3.0 g/t Au over 10.4 m including 13.4 g/t Au over 1.1 m hole MB-22-575 intercepting 4.7 g/t Au over 8.1 g/t Au including 11.6 g/t Au over 1.5 m and hole MB-22-578 with 10.7 g/t Au over 1.5 m.
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Figure 5 - Barry Project - Long Section, Zone H16 Looking Northwest
To view an enhanced version of this graphic, please visit:
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Barry Deposit Geology
The Barry gold deposit is characterized by three dominant sets of structures, all dipping to the southeast. The sub-vertical shear zones and the H-Series shear zones dipping 25 to 40 degrees are hosted within intermediate to mafic volcanics and tuffs with local felsic intrusions. Contact zones dip from 50 to 65 degrees along the lower and upper contacts of the D1, D2 and D3 felsic intrusions with mafic volcanics. Gold mineralization is associated with disseminated sulfides within shear zones and veins with local visible gold. The Barry deposit has been delineated over 1.4 kilometre along strike and 700 m below surface and remains open for expansion.
Diamond Drill Hole Results Table:
The following table shows the significant intersections of the drill holes presented in this press release.
Program Hole ID
From
(m) To
(m) Length
(m) Grade
(g/t Au)
Metal Factor
(length x Grade) Zones
Underground Infill MB-22-543
90.0 98.5 8.5 0.8 6.7 H6
Underground Infill MB-22-550
159.0 164.0 5.0 1.9 9.7 H26
Underground Infill MB-22-550 Including 161.0 162.6 1.6 5.3 8.4 H26
Underground Infill MB-22-550
253.0 258.5 5.5 1.4 7.5 H8
Underground Infill MB-22-550
261.6 268.8 7.2 1.0 6.9 H8
Underground Infill MB-22-550
272.5 274.7 2.2 5.7 12.6 H8
Underground Infill MB-22-550
441.4 449.0 7.6 1.2 9.2 H12
Underground Infill MB-22-550 Including 444.2 445.5 1.3 5.5 7.2 H12
Underground Infill MB-20-253ext
549.4 555.0 5.6 2.5 14.3 H12
Underground Infill MB-20-253ext Including 551.2 554.5 3.3 4.2 13.8 H12
Hydrogeology HG-22-003
5.3 8.3 3.0 3.7 11.0 D7
Hydrogeology HG-22-003 Including 7.6 8.3 0.7 9.5 6.6 D7
Hydrogeology HG-22-005
20.0 32.3 12.3 2.2 27.4 AB28
Hydrogeology HG-22-005 Including 26.0 28.0 2.0 6.5 13.1 AB28
Underground Infill MB-22-551
51.3 57.8 6.5 1.1 7.0 New
Underground Infill MB-22-551 Including 56.0 56.5 0.5 10.9 5.5 New
Underground Infill MB-22-551
109.1 122.4 13.3 1.6 20.8 D9
Underground Infill MB-22-551 Including 109.1 109.7 0.6 8.4 5.0 D9
Underground Infill MB-22-551
131.9 163.7 31.8 1.5 46.9 D4
Underground Infill MB-22-551 Including 140.9 141.4 0.5 13.3 6.7 D4
Underground Infill MB-22-551 and Including 149.0 149.6 0.6 25.0 15.0 D4
Underground Infill MB-22-552A
157.9 163.8 5.9 1.8 10.7 H26
Underground Infill MB-22-552A Including 160.9 162.8 1.9 4.6 8.7 H26
Underground Infill MB-22-552A
190.1 193.9 3.8 6.7 25.3 H6
Underground Infill MB-22-552A
197.3 198.0 0.7 8.9 6.3 H6
Underground Infill MB-22-552A
270.5 273.6 3.1 2.7 8.3 H8
Underground Infill MB-22-553
139.2 142.0 2.8 2.1 5.8 New
Underground Infill MB-22-553
164.6 168.9 4.3 1.8 7.8 H17
Underground Infill MB-22-553
172.9 183.4 10.5 4.0 41.7 H6/D4
Underground Infill MB-22-553 Including 176.5 177.0 0.5 13.7 6.9 H6/D4
Underground Infill MB-22-553 and Including 180.4 181.6 1.2 8.6 10.3 H6/D4
Underground Infill MB-22-553
183.4 207.8 24.4 0.3 7.6 Intrusiv D2
Underground Infill MB-22-554
106.0 113.7 7.7 4.6 35.4 H6
Underground Infill MB-22-554 Including 107.1 109.6 2.5 9.2 23.0 H6
Underground Infill MB-22-554 and Including 113.0 113.7 0.7 11.5 8.1 H6
Underground Infill MB-22-555
230.6 232.5 1.9 4.0 7.7 D4
Underground Infill MB-22-555
270.2 279.9 9.7 1.3 12.8 H8
Underground Infill MB-22-555 Including 277.5 279.9 2.4 3.5 8.5 H8
Underground Infill MB-22-555
390.2 393.2 3.0 3.7 11.1 H3
Underground Infill MB-22-555 Including 390.7 392.5 1.8 6.1 11.0 H3
Underground Infill MB-22-556
314.7 323.0 8.3 0.9 7.5 D4
Underground Infill MB-22-556
505.0 511.0 6.0 8.2 48.9 H12
Underground Infill MB-22-556 Including 505.0 507.7 2.7 17.6 47.5 H12
Underground Infill MB-22-557
37.0 39.5 2.5 4.7 11.8 802
Underground Infill MB-22-557
112.8 118.5 5.7 1.1 6.1 D5
Underground Infill MB-22-557
276.6 283.8 7.2 4.2 29.9 H1
Underground Infill MB-22-557 Including 280.6 283.8 3.2 9.2 29.4 H1
Underground Infill MB-22-558B
64.0 68.3 4.3 3.1 13.3 801
Underground Infill MB-22-558B Including 64.0 65.1 1.1 8.1 8.9 801
Underground Infill MB-22-558B
82.4 104.3 21.9 2.7 59.1 800
Underground Infill MB-22-558B Including 97.0 101.5 4.5 9.3 41.9 800
Underground Infill MB-22-558B
122.0 124.0 2.0 2.7 5.4 AB01
Underground Infill MB-22-558B
335.5 338.0 2.5 4.6 11.5 H3
Underground Infill MB-22-558B Including 336.5 337.0 0.5 16.3 8.2 H3
Underground Infill MB-22-559A
232.8 233.8 1.0 5.2 5.2 H6
Underground Infill MB-22-559A
248.7 252.3 3.6 2.4 8.6 D4
Underground Infill MB-22-559A
286.0 302.9 16.9 1.1 18.0 Intrusiv D2
Underground Infill MB-22-559A Including 300.0 302.4 2.4 5.3 12.6 Intrusiv D2
Underground Infill MB-22-559A
306.0 318.6 12.6 0.4 5.0 Intrusiv D2
Underground Infill MB-22-560A
39.0 39.5 0.5 17.2 8.6 New H
Underground Infill MB-22-560A
131.6 134.0 2.4 34.7 83.3 800
Underground Infill MB-22-560A Including 132.1 133.2 1.1 72.0 79.2 800
Underground Infill MB-22-560A
289.5 298.8 9.3 1.9 17.7 H1
Underground Infill MB-22-560A Including 293.0 295.7 2.7 3.2 8.6 H1
Underground Infill MB-22-561
101.3 109.0 7.7 1.2 9.2 H6
Underground Infill MB-22-561
181.7 188.0 6.3 0.8 5.0 H8
Underground Infill MB-22-562
78.4 78.9 0.5 41.0 20.5 802
Underground Infill MB-22-562
120.4 144.0 23.6 1.5 35.4 AB14
Underground Infill MB-22-562 Including 120.4 122.9 2.5 9.5 23.8 AB14
Underground Infill MB-22-563
77.8 80.3 2.5 7.4 18.5 805
Underground Infill MB-22-563 Including 77.8 78.3 0.5 33.6 16.8 805
Underground Infill MB-22-563
101.7 103.7 2.0 4.7 9.4 800
Underground Infill MB-22-563
111.0 125.7 14.7 1.8 26.5 AB14
Underground Infill MB-22-563 Including 113.7 115.2 1.5 8.9 13.4 AB14
Underground Infill MB-22-563 and Including 118.5 121.6 3.1 2.8 8.7 AB14
Underground Infill MB-22-563
133.3 137.8 4.5 1.7 7.7 AB01
Underground Infill MB-22-564
126.6 137.0 10.4 3.0 31.0 H18
Underground Infill MB-22-564 Including 129.7 130.8 1.1 13.4 14.8 H18
Underground Infill MB-22-564 and Including 132.8 134.5 1.7 4.8 8.2 H18
Underground Infill MB-22-565A
137.0 141.0 4.0 6.4 25.6 H18
Underground Infill MB-22-565A Including 139.2 140.4 1.2 13.2 15.8 H18
Underground Infill MB-22-566
81.3 88.0 6.7 1.0 6.7 AB11
Underground Infill MB-22-566
98.6 99.5 0.9 12.1 10.9 New
Underground Infill MB-22-566
106.5 124.4 17.9 0.3 5.4 Intrusiv D2
Underground Infill MB-22-566
212.0 218.2 6.2 1.9 11.8 H28
Underground Infill MB-22-566
237.9 245.8 7.9 0.8 6.3 New
Underground Infill MB-22-567
106.2 108.0 1.8 3.8 6.8 H18
Underground Infill MB-22-568
205.4 206.0 0.6 19.4 11.6 H17
Underground Infill MB-22-568
265.0 273.0 8.0 1.0 8.0 D2 Intrusiv
Underground Infill MB-22-569
43.0 52.0 9.0 1.7 15.3 800
Underground Infill MB-22-569 Including 43.0 43.9 0.9 6.6 5.9 800
Underground Infill MB-22-569
104.9 108.6 3.7 6.0 22.2 D2
Underground Infill MB-22-569 Including 106.9 107.9 1.0 17.0 17.0 D2
Underground Infill MB-22-569
251.7 253.7 2.0 3.4 6.8 H1
Underground Infill MB-22-569 Including 252.7 253.7 1.0 5.5 5.5 H1
Underground Infill MB-22-569
303.1 304.9 1.8 8.9 16.0 H3
Underground Infill MB-22-569 Including 303.1 304.0 0.9 13.2 11.9 H3
Underground Infill MB-22-570
161.0 166.7 5.7 3.4 19.4 AB19
Underground Infill MB-22-570 Including 163.8 166.7 2.9 5.6 16.2 AB19
Underground Infill MB-22-570
208.8 212.3 3.5 2.9 10.2 800
Underground Infill MB-22-570
353.7 357.2 3.5 1.8 6.3 H1
Underground Infill MB-22-570 Including 355.7 357.2 1.5 4.1 6.2 H1
Underground Infill MB-22-570
420.1 427.6 7.5 0.8 6.0 H3
Underground Infill MB-22-571
210.3 216.4 6.1 1.5 9.2 H6
Underground Infill MB-22-571 Including 214.6 215.4 0.8 8.5 6.8 H6
Underground Infill MB-22-571
243.6 246.0 2.4 2.8 6.7 D4
Underground Infill MB-22-571 Including 243.6 244.2 0.6 9.0 5.4 D4
Underground Infill MB-22-572
107.7 119.2 11.5 1.3 14.8 H6
Underground Infill MB-22-572
196.0 199.1 3.1 4.1 12.8 H8
Underground Infill MB-22-573
14.4 31.2 16.8 1.6 26.9 D4
Underground Infill MB-22-573 Including 16.3 18.6 2.3 8.0 18.4 D4
Underground Infill MB-22-573
37.0 74.5 37.5 0.3 11.3 D2 Intrusiv
Underground Infill MB-22-573
147.0 163.2 16.2 3.5 56.7 D2 Intrusiv
Underground Infill MB-22-573 Including 154.6 155.6 1.0 53.8 53.8 D2 Intrusiv
Underground Infill MB-22-573
275.4 277.0 1.6 8.9 14.2 H1
Underground Infill MB-22-573 Including 275.4 276.0 0.6 22.9 13.7 H1
Underground Infill MB-22-574
61.1 70.1 9.0 0.6 5.7 H6
Underground Infill MB-22-574
133.9 137.3 3.4 1.8 6.0 H8
Underground Infill MB-22-575
132.3 140.6 8.3 0.9 7.5 New_H
Underground Infill MB-22-575 Including 134.0 140.6 6.6 1.0 6.6 New_H
Underground Infill MB-22-575
207.0 213.3 6.3 5.6 35.3 H6
Underground Infill MB-22-575 Including 208.0 210.0 2.0 10.7 21.4 H6
Underground Infill MB-22-575
219.9 231.1 11.2 3.6 40.3 H18
Underground Infill MB-22-575 Including 219.9 228.0 8.1 4.7 38.1 H18
Underground Infill MB-22-575 Including 226.5 228.0 1.5 11.6 17.4 H18
Underground Infill MB-22-575
298.0 310.2 12.2 0.8 9.8 D2 Intrusiv
Underground Infill MB-22-575 Including 301.6 303.4 1.8 3.0 5.4 D2 Intrusiv
Underground Infill MB-22-576
22.0 28.6 6.6 5.0 33.0 D4
Underground Infill MB-22-576 Including 25.6 28.6 3.0 9.9 29.7 D4
Underground Infill MB-22-576
40.5 134.6 94.1 0.2 18.8 D2 Intrusiv
Underground Infill MB-22-576
159.0 179.5 20.5 0.4 8.2 D2
Underground Infill MB-22-576
193.4 194.1 0.7 12.3 8.6 New_H
Underground Infill MB-22-577
2.4 77.0 74.6 0.2 14.9 Intrusiv D2
Underground Infill MB-22-577
144.5 147.5 3.0 5.9 17.7 D2
Underground Infill MB-22-577 Including 144.5 146.0 1.5 10.4 15.6 D2
Underground Infill MB-22-577
198.5 204.2 5.7 0.9 5.1 H28
Underground Infill MB-22-578
178.0 186.0 8.0 0.7 5.3 H17
Underground Infill MB-22-578
193.0 202.2 9.2 9.0 82.8 H6
Underground Infill MB-22-578 Including 194.0 196.0 2.0 21.7 43.4 H6
Underground Infill MB-22-578
216.0 217.5 1.5 10.7 16.0 H18
Underground Infill MB-22-578
257.5 270.5 13.0 0.8 10.7 H8
Underground Infill MB-22-579
121.0 127.0 6.0 0.9 5.5 D6
Underground Infill MB-22-580
227.7 231.5 3.8 4.0 15.3 H6
Underground Infill MB-22-580 Including 231.0 231.5 0.5 12.4 6.2 H6
Underground Infill MB-22-580
287.2 292.8 5.6 3.1 17.4 D4
Underground Infill MB-22-580 Including 287.2 289.0 1.8 5.9 10.6 D4
Underground Infill MB-22-581
2.6 55.0 52.4 0.4 18.5 Intrusiv D2
Underground Infill MB-22-581
216.6 221.2 4.6 2.0 9.3 H1
Underground Infill MB-22-581 Including 218.2 219.0 0.8 6.8 5.4 H1
Underground Infill MB-22-582
103.0 104.0 1.0 6.2 6.2 Intrusiv D2
Underground Infill MB-22-582
123.1 125.1 2.0 2.7 5.3 Intrusiv D2
Underground Infill MB-23-585
130.0 134.0 4.0 1.8 7.0 AB
Underground Infill MB-23-585
146.7 149.5 2.8 16.3 45.6 800
Underground Infill MB-23-585 Including 146.7 148.4 1.7 26.6 45.3 800
Underground Infill MB-23-586
142.0 149.5 7.5 3.8 28.8 AB16
Underground Infill MB-23-586 Including 142.0 143.0 1.0 25.5 25.5 AB16
Underground Infill MB-23-586
204.0 216.0 12.0 1.0 11.6 AB23
Underground Infill MB-23-586
236.5 244.8 8.3 1.6 13.4 800
Underground Infill MB-23-586 Including 241.0 244.2 3.2 3.1 9.8 800
Underground Infill MB-23-587
138.0 145.2 7.2 5.5 39.4 800
Underground Infill MB-23-587 Including 138.0 138.9 0.9 30.7 27.6 800
Underground Infill MB-23-588
179.9 189.5 9.6 2.0 18.7 800
Underground Infill MB-23-588 Including 182.8 185.1 2.3 4.2 9.7 800
Underground Infill MB-23-589
154.0 160.2 6.2 2.0 12.7 AB18
Underground Infill MB-23-589 Including 157.0 160.2 3.2 3.6 11.7 AB18
Underground Infill MB-23-589
210.3 213.6 3.3 11.6 38.3 800
Underground Infill MB-23-589 Including 211.3 213.1 1.8 19.8 35.6 800
Underground Infill MB-23-590
154.2 158.3 4.1 9.7 39.7 800
Underground Infill MB-23-590 Including 155.3 156.4 1.1 29.0 31.9 800
Underground Infill MB-23-591A
194.0 201.0 7.0 1.8 12.8 AB18
Underground Infill MB-23-591A Including 195.0 196.0 1.0 8.5 8.5 AB18
Underground Infill MB-23-591A
203.5 224.5 21.0 0.6 11.7 Intrusiv D1
Underground Infill MB-23-591A
278.7 282.5 3.8 3.4 12.8 800
Underground Infill MB-23-594
206.3 209.5 3.2 17.7 56.6 800
Underground Infill MB-23-594 Including 206.9 208.7 1.8 30.1 54.2 800
Underground Infill MB-17-33ext
56.9 80.6 23.7 0.2 5.6 Intrusiv D2
Underground Infill MB-17-33ext
104.4 119.7 15.3 0.5 8.2 Intrusiv D2
Underground Infill MB-17-33ext Including 104.4 105.0 0.6 10.9 6.5 Intrusiv D2
Underground Infill MB-17-33ext
159.4 166.6 7.2 1.8 12.9 D6
Underground Infill MB-17-33ext Including 165.0 166.6 1.6 5.0 8.1 D6
Underground Infill MB-17-33ext
207.8 218.5 10.7 1.0 10.2 H8
Underground Infill MB-22-533
113.0 114.2 1.2 4.3 5.2 New H
Underground Infill MB-22-535
96.5 120.0 23.5 1.2 27.5 D4
Underground Infill MB-22-535 Including 106.1 110.5 4.4 2.9 12.5 D4
Underground Infill MB-22-535 Including 106.1 106.7 0.6 9.7 5.8 D4
Underground Infill MB-22-535
131.0 150.0 19.0 0.6 11.2 New H
Underground Infill MB-22-535
154.5 197.5 43.0 0.1 6.0 New H
Underground Infill MB-22-535
202.3 219.0 16.7 0.7 12.1 D2
Underground Infill MB-22-535 Including 217.0 217.8 0.8 10.8 8.6 D2
Underground Infill MB-22-536
59.8 66.0 6.2 1.1 7.1 AB18
Underground Infill MB-22-536
86.0 93.5 7.5 1.0 7.7 800
Underground Infill MB-22-536
98.9 108.0 9.1 1.5 13.3 AB09
Underground Infill MB-22-536 Including 98.9 102.1 3.2 2.7 8.8 AB09
Underground Infill MB-22-536
128.0 137.7 9.7 0.9 9.1 AB03
Underground Infill MB-22-536 Including 131.3 132.7 1.4 5.8 8.1 AB03
Underground Infill MB-22-540
118.1 129.2 11.1 0.8 9.1 H6
Underground Infill MB-22-540
195.3 197.5 2.2 2.6 5.6 H8
Underground Infill MB-22-540
242.8 251.8 9.0 1.4 13.0 H1
Underground Infill MB-22-540 Including 246.4 247.6 1.2 6.2 7.5 H1
Underground Infill MB-22-541
198.7 203.1 4.4 21.9 96.2 H8
Underground Infill MB-22-541 Including 199.3 199.8 0.5 158.5 79.3 H8
Underground Infill MB-22-542
105.7 107.8 2.1 2.8 5.9 AB17
Underground Infill MB-22-542 Including 106.7 107.8 1.1 5.1 5.6 AB17
Underground Infill MB-22-542
120.8 125.0 4.2 2.6 11.0 800
Underground Infill MB-22-542 Including 123.7 124.2 0.5 14.5 7.3 800
Underground Infill MB-22-542
133.9 136.9 3.0 1.7 5.2 D5
Underground Infill MB-22-542
142.4 145.2 2.8 7.5 21.1 AB01
Underground Infill MB-22-542 Including 143.5 144.1 0.6 30.3 18.2 AB01
Underground Infill MB-22-542
194.8 195.3 0.5 51.6 25.8 New H
Underground Infill MB-22-542
291.8 294.1 2.3 5.3 12.2 H1
Underground Infill MB-22-542 Including 291.8 292.8 1.0 10.2 10.2 H1
Underground Infill MB-22-544
94.1 94.7 0.6 15.9 9.5 AB16
Underground Infill MB-22-544
281.6 284.0 2.4 2.1 5.0 H1
Underground Infill MB-22-545
83.8 91.8 8.0 1.0 8.3 H6
Underground Infill MB-22-546
218.3 221.5 3.2 1.9 6.1 H8
Underground Infill MB-22-546
392.0 395.8 3.8 1.7 6.5 H12
Underground Infill MB-22-547A
76.0 78.2 2.2 5.2 11.4 AB16
Underground Infill MB-22-547A
98.6 99.1 0.5 10.1 5.1 New H
Underground Infill MB-22-547A
100.3 104.0 3.7 13.0 48.2 AB17
Underground Infill MB-22-547A Including 102.5 103.0 0.5 49.7 24.9 AB17
Underground Infill MB-22-547A
104.7 108.0 3.3 3.6 12.0 AB19
Underground Infill MB-22-547A
137.0 140.9 3.9 6.7 26.0 800
Underground Infill MB-22-547A Including 138.5 139.2 0.7 27.2 19.0 800
Underground Infill MB-22-547A
178.8 180.0 1.2 6.8 8.1 D2
Underground Infill MB-22-547A
389.0 394.8 5.8 4.3 24.7 H11
Underground Infill MB-22-547A Including 391.5 392.0 0.5 24.2 12.1 H11
Underground Infill MB-22-548
325.7 329.7 4.0 8.1 32.3 H3
Underground Infill MB-22-548 Including 328.2 328.9 0.7 44.5 31.1 H3
Notes:
1) The meterage represents the actual length of the drilled lengths.
2) Estimated true widths for the Barry interpreted zones are as follows: D series, AB series, H series 70% to 90% of core length, 800 series 50% to 70% of core length.
3) The mineralized intervals listed are above 0.5 g/t Au and with metal factor (grades x thickness) above 5.
4) Gold grades are uncut.
Quality Control and Reporting Protocols
The Barry project's drill core gold analyses are performed at Bachelor Mine Laboratory, Actlabs (Ste-Germaine-Boulé) and at AGAT Laboratories (Val d'Or). The Company's laboratory and external laboratories employ a rigorous QA-QC analysis program that meets industry standards. The analyses are carried out by fire assay (A.A.) with atomic absorption finish at Bachelor Mine Laboratory and with gravimetric finish for assay above 10 g/t Au at Actlabs and AGAT laboratories. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor the Laboratory's performance. The Company's QA-QC program requires that at least 5% of samples be analyzed by an independent laboratory. These verification samples are sent to ALS Minerals laboratory facility located in Val-d'Or, Quebec. The verifications show a high degree of correlation with the Laboratory's results.
Qualified Person
Donald Trudel, P.Geo., (OGQ # 813) Director of Geology of the Company oversees all exploration activities on the Barry property and has compiled and approved the information contained in this press release. Mr. Trudel is a qualified person as defined by National Instrument 43-101 on standards of disclosure for mineral projects.
Val-d'Or, Quebec--(Newsfile Corp. - March 27, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce more results from the now completed infill drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate (the "2021 MRE", see press release dated June 23, 2021). The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization in the upper section of the deposit. In total, 31,349 meters ("m") (91 holes) of infill drilling has been completed from surface since August 2022. The Company has received assays for 75 holes so far, including the ones in this release (see press releases dated November 15, 2022 and December 12, 2022 for previously released holes).
Highlights include:
34.7 g/t Au over 2.4 m, including 72.0 g/t Au over 1.1 m in hole MB-22-560A
17.7 g/t Au over 3.2 m, including 30.1 g/t Au over 1.8 m in hole MB-23-594
11.6 g/t Au over 3.3 m, including 19.8 g/t Au over 1.8 m in hole MB-23-589
9.0 g/t Au over 9.2 m, including 21.7 g/t Au over 2.0 m in hole MB-22-578
8.2 g/t Au over 6.0 m, including 17.6 g/t Au over 2.7 m in hole MB-22-556
6.4 g/t Au over 4.0 m, including 13.2 g/t Au over 1.2 m in hole MB-22-565A
Duke Joint Venture Drill Program Update
In March, the Company announced a 3,300 m drill program at the Duke property ("Duke"), a joint venture with Osisko Mining Inc. ("Osisko"). As of now, six of ten holes have been drilled, and the drilling activities are tracking on schedule (see press release dated March 6, 2023). The drill results are expected to be released upon completion of the program.
The drill program at Duke is part of the Company's renewed focus on regional exploration at a rate of approximately 1,400 m per month in the Urban-Barry and Bachelor camps.
Marc André Pelletier, President and CEO, commented: "The exploration program at Duke in collaboration with our joint venture partner Osisko is progressing well. Duke is located adjacent to the Company's Gladiator deposit and Osisko's Windfall gold project, as well as the Barry deposit to the west. Together, these three deposits contain a significant gold resource of over 10 million ounces, and the Company remains focused on exploring the Urban-Barry camp this year. Following the completion of the infill drill program at the Barry underground project, the Company plans to update the geological model of the underground deposit to determine the next steps for the Barry deposit. Additionally, an exploration program will soon take place at the Barry Northeast and Panache properties to test high potential exploration targets."
Diamond Drilling Results Highlights:
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Figure 1 - Barry Project -Surface Plan, Holes, and Highlights Location
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The completed infill drill program of the Barry underground project was designed to convert the Inferred resources from the 2021 MRE into Indicated resources by decreasing the drill spacing to 25 m. The program especially aims to delineate and expand high-grade mineralized shoots identified in the 2021 MRE. Results from recent assays, including those in this press release, underscore the potential of increasing quantity and continuity of the underground mineralization.
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Figure 2 - Barry Project - Composite Long Section of the Barry Deposit Looking Northwest
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Infill drilling in the 800 zone continue to delineate and increase the length and continuity of the high-grade shoots. Results like 34.7 g/t Au over 2.4m including 72.0 g/t Au over 1.1 m in hole MB-22-560A, 16.3 g/t Au over 2.8 m including 26.6 g/t Au over 1.7 m in hole MB-22-585 and 17.7 g/t Au over 3.2 m including 30.1 g/t Au over 1.8 m in hole MB-23-594 enhance the potential of high grade continuous mineralized shoots in the 800 zone (Figure 3). Assays from 17 holes drilled in the zone 800 during winter are pending.
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Figure 3 - Barry Project - Long Section, Zone 800 Looking Northwest
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Infill Drilling into the H6/D4 moderate south dipping self-intersecting zones helped to better constrain the high-grade mineralization highlighted by the 2021 MRE. Infill drilling continues to highlight the continuity of high-grade shoots through the mineralized shears. Results as 9.0 g/t Au over 9.2 m including 21.7 g/t Au over 2.0 m in hole MB-22-578, 5.6 g/t Au over 6.3 m including 10.7 g/t Au over 2.0 m in hole MB-22-575 and 4.6 g/t Au over 7.7 m including 9.2 g/t Au over 2.5 m and 11.5 g/t Au over 0.7 m in hole MB-22-554 enhance the 300 m long continuity of large high grade shoots in zone H6 (Figure 4).
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Figure 4 - Barry Project - Long Section, Zone H6 and D4 Looking Northwest
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Infill drilling in poorly defined H18 zone following the high-grade shoots has successfully intercepted high mineralization were predicted. Drill results highlight the potential for a 300 m long mineralized shoot in the shear zone located 20 m beneath the H6 shear. Demonstration is made by results in hole MB-22-565A with 6.4 g/t Au over 4.0 m including 13.2 g/t Au over 1.2 m, hole MB-22-564 returning 3.0 g/t Au over 10.4 m including 13.4 g/t Au over 1.1 m hole MB-22-575 intercepting 4.7 g/t Au over 8.1 g/t Au including 11.6 g/t Au over 1.5 m and hole MB-22-578 with 10.7 g/t Au over 1.5 m.
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Figure 5 - Barry Project - Long Section, Zone H16 Looking Northwest
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Barry Deposit Geology
The Barry gold deposit is characterized by three dominant sets of structures, all dipping to the southeast. The sub-vertical shear zones and the H-Series shear zones dipping 25 to 40 degrees are hosted within intermediate to mafic volcanics and tuffs with local felsic intrusions. Contact zones dip from 50 to 65 degrees along the lower and upper contacts of the D1, D2 and D3 felsic intrusions with mafic volcanics. Gold mineralization is associated with disseminated sulfides within shear zones and veins with local visible gold. The Barry deposit has been delineated over 1.4 kilometre along strike and 700 m below surface and remains open for expansion.
Diamond Drill Hole Results Table:
The following table shows the significant intersections of the drill holes presented in this press release.
Program Hole ID
From
(m) To
(m) Length
(m) Grade
(g/t Au)
Metal Factor
(length x Grade) Zones
Underground Infill MB-22-543
90.0 98.5 8.5 0.8 6.7 H6
Underground Infill MB-22-550
159.0 164.0 5.0 1.9 9.7 H26
Underground Infill MB-22-550 Including 161.0 162.6 1.6 5.3 8.4 H26
Underground Infill MB-22-550
253.0 258.5 5.5 1.4 7.5 H8
Underground Infill MB-22-550
261.6 268.8 7.2 1.0 6.9 H8
Underground Infill MB-22-550
272.5 274.7 2.2 5.7 12.6 H8
Underground Infill MB-22-550
441.4 449.0 7.6 1.2 9.2 H12
Underground Infill MB-22-550 Including 444.2 445.5 1.3 5.5 7.2 H12
Underground Infill MB-20-253ext
549.4 555.0 5.6 2.5 14.3 H12
Underground Infill MB-20-253ext Including 551.2 554.5 3.3 4.2 13.8 H12
Hydrogeology HG-22-003
5.3 8.3 3.0 3.7 11.0 D7
Hydrogeology HG-22-003 Including 7.6 8.3 0.7 9.5 6.6 D7
Hydrogeology HG-22-005
20.0 32.3 12.3 2.2 27.4 AB28
Hydrogeology HG-22-005 Including 26.0 28.0 2.0 6.5 13.1 AB28
Underground Infill MB-22-551
51.3 57.8 6.5 1.1 7.0 New
Underground Infill MB-22-551 Including 56.0 56.5 0.5 10.9 5.5 New
Underground Infill MB-22-551
109.1 122.4 13.3 1.6 20.8 D9
Underground Infill MB-22-551 Including 109.1 109.7 0.6 8.4 5.0 D9
Underground Infill MB-22-551
131.9 163.7 31.8 1.5 46.9 D4
Underground Infill MB-22-551 Including 140.9 141.4 0.5 13.3 6.7 D4
Underground Infill MB-22-551 and Including 149.0 149.6 0.6 25.0 15.0 D4
Underground Infill MB-22-552A
157.9 163.8 5.9 1.8 10.7 H26
Underground Infill MB-22-552A Including 160.9 162.8 1.9 4.6 8.7 H26
Underground Infill MB-22-552A
190.1 193.9 3.8 6.7 25.3 H6
Underground Infill MB-22-552A
197.3 198.0 0.7 8.9 6.3 H6
Underground Infill MB-22-552A
270.5 273.6 3.1 2.7 8.3 H8
Underground Infill MB-22-553
139.2 142.0 2.8 2.1 5.8 New
Underground Infill MB-22-553
164.6 168.9 4.3 1.8 7.8 H17
Underground Infill MB-22-553
172.9 183.4 10.5 4.0 41.7 H6/D4
Underground Infill MB-22-553 Including 176.5 177.0 0.5 13.7 6.9 H6/D4
Underground Infill MB-22-553 and Including 180.4 181.6 1.2 8.6 10.3 H6/D4
Underground Infill MB-22-553
183.4 207.8 24.4 0.3 7.6 Intrusiv D2
Underground Infill MB-22-554
106.0 113.7 7.7 4.6 35.4 H6
Underground Infill MB-22-554 Including 107.1 109.6 2.5 9.2 23.0 H6
Underground Infill MB-22-554 and Including 113.0 113.7 0.7 11.5 8.1 H6
Underground Infill MB-22-555
230.6 232.5 1.9 4.0 7.7 D4
Underground Infill MB-22-555
270.2 279.9 9.7 1.3 12.8 H8
Underground Infill MB-22-555 Including 277.5 279.9 2.4 3.5 8.5 H8
Underground Infill MB-22-555
390.2 393.2 3.0 3.7 11.1 H3
Underground Infill MB-22-555 Including 390.7 392.5 1.8 6.1 11.0 H3
Underground Infill MB-22-556
314.7 323.0 8.3 0.9 7.5 D4
Underground Infill MB-22-556
505.0 511.0 6.0 8.2 48.9 H12
Underground Infill MB-22-556 Including 505.0 507.7 2.7 17.6 47.5 H12
Underground Infill MB-22-557
37.0 39.5 2.5 4.7 11.8 802
Underground Infill MB-22-557
112.8 118.5 5.7 1.1 6.1 D5
Underground Infill MB-22-557
276.6 283.8 7.2 4.2 29.9 H1
Underground Infill MB-22-557 Including 280.6 283.8 3.2 9.2 29.4 H1
Underground Infill MB-22-558B
64.0 68.3 4.3 3.1 13.3 801
Underground Infill MB-22-558B Including 64.0 65.1 1.1 8.1 8.9 801
Underground Infill MB-22-558B
82.4 104.3 21.9 2.7 59.1 800
Underground Infill MB-22-558B Including 97.0 101.5 4.5 9.3 41.9 800
Underground Infill MB-22-558B
122.0 124.0 2.0 2.7 5.4 AB01
Underground Infill MB-22-558B
335.5 338.0 2.5 4.6 11.5 H3
Underground Infill MB-22-558B Including 336.5 337.0 0.5 16.3 8.2 H3
Underground Infill MB-22-559A
232.8 233.8 1.0 5.2 5.2 H6
Underground Infill MB-22-559A
248.7 252.3 3.6 2.4 8.6 D4
Underground Infill MB-22-559A
286.0 302.9 16.9 1.1 18.0 Intrusiv D2
Underground Infill MB-22-559A Including 300.0 302.4 2.4 5.3 12.6 Intrusiv D2
Underground Infill MB-22-559A
306.0 318.6 12.6 0.4 5.0 Intrusiv D2
Underground Infill MB-22-560A
39.0 39.5 0.5 17.2 8.6 New H
Underground Infill MB-22-560A
131.6 134.0 2.4 34.7 83.3 800
Underground Infill MB-22-560A Including 132.1 133.2 1.1 72.0 79.2 800
Underground Infill MB-22-560A
289.5 298.8 9.3 1.9 17.7 H1
Underground Infill MB-22-560A Including 293.0 295.7 2.7 3.2 8.6 H1
Underground Infill MB-22-561
101.3 109.0 7.7 1.2 9.2 H6
Underground Infill MB-22-561
181.7 188.0 6.3 0.8 5.0 H8
Underground Infill MB-22-562
78.4 78.9 0.5 41.0 20.5 802
Underground Infill MB-22-562
120.4 144.0 23.6 1.5 35.4 AB14
Underground Infill MB-22-562 Including 120.4 122.9 2.5 9.5 23.8 AB14
Underground Infill MB-22-563
77.8 80.3 2.5 7.4 18.5 805
Underground Infill MB-22-563 Including 77.8 78.3 0.5 33.6 16.8 805
Underground Infill MB-22-563
101.7 103.7 2.0 4.7 9.4 800
Underground Infill MB-22-563
111.0 125.7 14.7 1.8 26.5 AB14
Underground Infill MB-22-563 Including 113.7 115.2 1.5 8.9 13.4 AB14
Underground Infill MB-22-563 and Including 118.5 121.6 3.1 2.8 8.7 AB14
Underground Infill MB-22-563
133.3 137.8 4.5 1.7 7.7 AB01
Underground Infill MB-22-564
126.6 137.0 10.4 3.0 31.0 H18
Underground Infill MB-22-564 Including 129.7 130.8 1.1 13.4 14.8 H18
Underground Infill MB-22-564 and Including 132.8 134.5 1.7 4.8 8.2 H18
Underground Infill MB-22-565A
137.0 141.0 4.0 6.4 25.6 H18
Underground Infill MB-22-565A Including 139.2 140.4 1.2 13.2 15.8 H18
Underground Infill MB-22-566
81.3 88.0 6.7 1.0 6.7 AB11
Underground Infill MB-22-566
98.6 99.5 0.9 12.1 10.9 New
Underground Infill MB-22-566
106.5 124.4 17.9 0.3 5.4 Intrusiv D2
Underground Infill MB-22-566
212.0 218.2 6.2 1.9 11.8 H28
Underground Infill MB-22-566
237.9 245.8 7.9 0.8 6.3 New
Underground Infill MB-22-567
106.2 108.0 1.8 3.8 6.8 H18
Underground Infill MB-22-568
205.4 206.0 0.6 19.4 11.6 H17
Underground Infill MB-22-568
265.0 273.0 8.0 1.0 8.0 D2 Intrusiv
Underground Infill MB-22-569
43.0 52.0 9.0 1.7 15.3 800
Underground Infill MB-22-569 Including 43.0 43.9 0.9 6.6 5.9 800
Underground Infill MB-22-569
104.9 108.6 3.7 6.0 22.2 D2
Underground Infill MB-22-569 Including 106.9 107.9 1.0 17.0 17.0 D2
Underground Infill MB-22-569
251.7 253.7 2.0 3.4 6.8 H1
Underground Infill MB-22-569 Including 252.7 253.7 1.0 5.5 5.5 H1
Underground Infill MB-22-569
303.1 304.9 1.8 8.9 16.0 H3
Underground Infill MB-22-569 Including 303.1 304.0 0.9 13.2 11.9 H3
Underground Infill MB-22-570
161.0 166.7 5.7 3.4 19.4 AB19
Underground Infill MB-22-570 Including 163.8 166.7 2.9 5.6 16.2 AB19
Underground Infill MB-22-570
208.8 212.3 3.5 2.9 10.2 800
Underground Infill MB-22-570
353.7 357.2 3.5 1.8 6.3 H1
Underground Infill MB-22-570 Including 355.7 357.2 1.5 4.1 6.2 H1
Underground Infill MB-22-570
420.1 427.6 7.5 0.8 6.0 H3
Underground Infill MB-22-571
210.3 216.4 6.1 1.5 9.2 H6
Underground Infill MB-22-571 Including 214.6 215.4 0.8 8.5 6.8 H6
Underground Infill MB-22-571
243.6 246.0 2.4 2.8 6.7 D4
Underground Infill MB-22-571 Including 243.6 244.2 0.6 9.0 5.4 D4
Underground Infill MB-22-572
107.7 119.2 11.5 1.3 14.8 H6
Underground Infill MB-22-572
196.0 199.1 3.1 4.1 12.8 H8
Underground Infill MB-22-573
14.4 31.2 16.8 1.6 26.9 D4
Underground Infill MB-22-573 Including 16.3 18.6 2.3 8.0 18.4 D4
Underground Infill MB-22-573
37.0 74.5 37.5 0.3 11.3 D2 Intrusiv
Underground Infill MB-22-573
147.0 163.2 16.2 3.5 56.7 D2 Intrusiv
Underground Infill MB-22-573 Including 154.6 155.6 1.0 53.8 53.8 D2 Intrusiv
Underground Infill MB-22-573
275.4 277.0 1.6 8.9 14.2 H1
Underground Infill MB-22-573 Including 275.4 276.0 0.6 22.9 13.7 H1
Underground Infill MB-22-574
61.1 70.1 9.0 0.6 5.7 H6
Underground Infill MB-22-574
133.9 137.3 3.4 1.8 6.0 H8
Underground Infill MB-22-575
132.3 140.6 8.3 0.9 7.5 New_H
Underground Infill MB-22-575 Including 134.0 140.6 6.6 1.0 6.6 New_H
Underground Infill MB-22-575
207.0 213.3 6.3 5.6 35.3 H6
Underground Infill MB-22-575 Including 208.0 210.0 2.0 10.7 21.4 H6
Underground Infill MB-22-575
219.9 231.1 11.2 3.6 40.3 H18
Underground Infill MB-22-575 Including 219.9 228.0 8.1 4.7 38.1 H18
Underground Infill MB-22-575 Including 226.5 228.0 1.5 11.6 17.4 H18
Underground Infill MB-22-575
298.0 310.2 12.2 0.8 9.8 D2 Intrusiv
Underground Infill MB-22-575 Including 301.6 303.4 1.8 3.0 5.4 D2 Intrusiv
Underground Infill MB-22-576
22.0 28.6 6.6 5.0 33.0 D4
Underground Infill MB-22-576 Including 25.6 28.6 3.0 9.9 29.7 D4
Underground Infill MB-22-576
40.5 134.6 94.1 0.2 18.8 D2 Intrusiv
Underground Infill MB-22-576
159.0 179.5 20.5 0.4 8.2 D2
Underground Infill MB-22-576
193.4 194.1 0.7 12.3 8.6 New_H
Underground Infill MB-22-577
2.4 77.0 74.6 0.2 14.9 Intrusiv D2
Underground Infill MB-22-577
144.5 147.5 3.0 5.9 17.7 D2
Underground Infill MB-22-577 Including 144.5 146.0 1.5 10.4 15.6 D2
Underground Infill MB-22-577
198.5 204.2 5.7 0.9 5.1 H28
Underground Infill MB-22-578
178.0 186.0 8.0 0.7 5.3 H17
Underground Infill MB-22-578
193.0 202.2 9.2 9.0 82.8 H6
Underground Infill MB-22-578 Including 194.0 196.0 2.0 21.7 43.4 H6
Underground Infill MB-22-578
216.0 217.5 1.5 10.7 16.0 H18
Underground Infill MB-22-578
257.5 270.5 13.0 0.8 10.7 H8
Underground Infill MB-22-579
121.0 127.0 6.0 0.9 5.5 D6
Underground Infill MB-22-580
227.7 231.5 3.8 4.0 15.3 H6
Underground Infill MB-22-580 Including 231.0 231.5 0.5 12.4 6.2 H6
Underground Infill MB-22-580
287.2 292.8 5.6 3.1 17.4 D4
Underground Infill MB-22-580 Including 287.2 289.0 1.8 5.9 10.6 D4
Underground Infill MB-22-581
2.6 55.0 52.4 0.4 18.5 Intrusiv D2
Underground Infill MB-22-581
216.6 221.2 4.6 2.0 9.3 H1
Underground Infill MB-22-581 Including 218.2 219.0 0.8 6.8 5.4 H1
Underground Infill MB-22-582
103.0 104.0 1.0 6.2 6.2 Intrusiv D2
Underground Infill MB-22-582
123.1 125.1 2.0 2.7 5.3 Intrusiv D2
Underground Infill MB-23-585
130.0 134.0 4.0 1.8 7.0 AB
Underground Infill MB-23-585
146.7 149.5 2.8 16.3 45.6 800
Underground Infill MB-23-585 Including 146.7 148.4 1.7 26.6 45.3 800
Underground Infill MB-23-586
142.0 149.5 7.5 3.8 28.8 AB16
Underground Infill MB-23-586 Including 142.0 143.0 1.0 25.5 25.5 AB16
Underground Infill MB-23-586
204.0 216.0 12.0 1.0 11.6 AB23
Underground Infill MB-23-586
236.5 244.8 8.3 1.6 13.4 800
Underground Infill MB-23-586 Including 241.0 244.2 3.2 3.1 9.8 800
Underground Infill MB-23-587
138.0 145.2 7.2 5.5 39.4 800
Underground Infill MB-23-587 Including 138.0 138.9 0.9 30.7 27.6 800
Underground Infill MB-23-588
179.9 189.5 9.6 2.0 18.7 800
Underground Infill MB-23-588 Including 182.8 185.1 2.3 4.2 9.7 800
Underground Infill MB-23-589
154.0 160.2 6.2 2.0 12.7 AB18
Underground Infill MB-23-589 Including 157.0 160.2 3.2 3.6 11.7 AB18
Underground Infill MB-23-589
210.3 213.6 3.3 11.6 38.3 800
Underground Infill MB-23-589 Including 211.3 213.1 1.8 19.8 35.6 800
Underground Infill MB-23-590
154.2 158.3 4.1 9.7 39.7 800
Underground Infill MB-23-590 Including 155.3 156.4 1.1 29.0 31.9 800
Underground Infill MB-23-591A
194.0 201.0 7.0 1.8 12.8 AB18
Underground Infill MB-23-591A Including 195.0 196.0 1.0 8.5 8.5 AB18
Underground Infill MB-23-591A
203.5 224.5 21.0 0.6 11.7 Intrusiv D1
Underground Infill MB-23-591A
278.7 282.5 3.8 3.4 12.8 800
Underground Infill MB-23-594
206.3 209.5 3.2 17.7 56.6 800
Underground Infill MB-23-594 Including 206.9 208.7 1.8 30.1 54.2 800
Underground Infill MB-17-33ext
56.9 80.6 23.7 0.2 5.6 Intrusiv D2
Underground Infill MB-17-33ext
104.4 119.7 15.3 0.5 8.2 Intrusiv D2
Underground Infill MB-17-33ext Including 104.4 105.0 0.6 10.9 6.5 Intrusiv D2
Underground Infill MB-17-33ext
159.4 166.6 7.2 1.8 12.9 D6
Underground Infill MB-17-33ext Including 165.0 166.6 1.6 5.0 8.1 D6
Underground Infill MB-17-33ext
207.8 218.5 10.7 1.0 10.2 H8
Underground Infill MB-22-533
113.0 114.2 1.2 4.3 5.2 New H
Underground Infill MB-22-535
96.5 120.0 23.5 1.2 27.5 D4
Underground Infill MB-22-535 Including 106.1 110.5 4.4 2.9 12.5 D4
Underground Infill MB-22-535 Including 106.1 106.7 0.6 9.7 5.8 D4
Underground Infill MB-22-535
131.0 150.0 19.0 0.6 11.2 New H
Underground Infill MB-22-535
154.5 197.5 43.0 0.1 6.0 New H
Underground Infill MB-22-535
202.3 219.0 16.7 0.7 12.1 D2
Underground Infill MB-22-535 Including 217.0 217.8 0.8 10.8 8.6 D2
Underground Infill MB-22-536
59.8 66.0 6.2 1.1 7.1 AB18
Underground Infill MB-22-536
86.0 93.5 7.5 1.0 7.7 800
Underground Infill MB-22-536
98.9 108.0 9.1 1.5 13.3 AB09
Underground Infill MB-22-536 Including 98.9 102.1 3.2 2.7 8.8 AB09
Underground Infill MB-22-536
128.0 137.7 9.7 0.9 9.1 AB03
Underground Infill MB-22-536 Including 131.3 132.7 1.4 5.8 8.1 AB03
Underground Infill MB-22-540
118.1 129.2 11.1 0.8 9.1 H6
Underground Infill MB-22-540
195.3 197.5 2.2 2.6 5.6 H8
Underground Infill MB-22-540
242.8 251.8 9.0 1.4 13.0 H1
Underground Infill MB-22-540 Including 246.4 247.6 1.2 6.2 7.5 H1
Underground Infill MB-22-541
198.7 203.1 4.4 21.9 96.2 H8
Underground Infill MB-22-541 Including 199.3 199.8 0.5 158.5 79.3 H8
Underground Infill MB-22-542
105.7 107.8 2.1 2.8 5.9 AB17
Underground Infill MB-22-542 Including 106.7 107.8 1.1 5.1 5.6 AB17
Underground Infill MB-22-542
120.8 125.0 4.2 2.6 11.0 800
Underground Infill MB-22-542 Including 123.7 124.2 0.5 14.5 7.3 800
Underground Infill MB-22-542
133.9 136.9 3.0 1.7 5.2 D5
Underground Infill MB-22-542
142.4 145.2 2.8 7.5 21.1 AB01
Underground Infill MB-22-542 Including 143.5 144.1 0.6 30.3 18.2 AB01
Underground Infill MB-22-542
194.8 195.3 0.5 51.6 25.8 New H
Underground Infill MB-22-542
291.8 294.1 2.3 5.3 12.2 H1
Underground Infill MB-22-542 Including 291.8 292.8 1.0 10.2 10.2 H1
Underground Infill MB-22-544
94.1 94.7 0.6 15.9 9.5 AB16
Underground Infill MB-22-544
281.6 284.0 2.4 2.1 5.0 H1
Underground Infill MB-22-545
83.8 91.8 8.0 1.0 8.3 H6
Underground Infill MB-22-546
218.3 221.5 3.2 1.9 6.1 H8
Underground Infill MB-22-546
392.0 395.8 3.8 1.7 6.5 H12
Underground Infill MB-22-547A
76.0 78.2 2.2 5.2 11.4 AB16
Underground Infill MB-22-547A
98.6 99.1 0.5 10.1 5.1 New H
Underground Infill MB-22-547A
100.3 104.0 3.7 13.0 48.2 AB17
Underground Infill MB-22-547A Including 102.5 103.0 0.5 49.7 24.9 AB17
Underground Infill MB-22-547A
104.7 108.0 3.3 3.6 12.0 AB19
Underground Infill MB-22-547A
137.0 140.9 3.9 6.7 26.0 800
Underground Infill MB-22-547A Including 138.5 139.2 0.7 27.2 19.0 800
Underground Infill MB-22-547A
178.8 180.0 1.2 6.8 8.1 D2
Underground Infill MB-22-547A
389.0 394.8 5.8 4.3 24.7 H11
Underground Infill MB-22-547A Including 391.5 392.0 0.5 24.2 12.1 H11
Underground Infill MB-22-548
325.7 329.7 4.0 8.1 32.3 H3
Underground Infill MB-22-548 Including 328.2 328.9 0.7 44.5 31.1 H3
Notes:
1) The meterage represents the actual length of the drilled lengths.
2) Estimated true widths for the Barry interpreted zones are as follows: D series, AB series, H series 70% to 90% of core length, 800 series 50% to 70% of core length.
3) The mineralized intervals listed are above 0.5 g/t Au and with metal factor (grades x thickness) above 5.
4) Gold grades are uncut.
Quality Control and Reporting Protocols
The Barry project's drill core gold analyses are performed at Bachelor Mine Laboratory, Actlabs (Ste-Germaine-Boulé) and at AGAT Laboratories (Val d'Or). The Company's laboratory and external laboratories employ a rigorous QA-QC analysis program that meets industry standards. The analyses are carried out by fire assay (A.A.) with atomic absorption finish at Bachelor Mine Laboratory and with gravimetric finish for assay above 10 g/t Au at Actlabs and AGAT laboratories. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor the Laboratory's performance. The Company's QA-QC program requires that at least 5% of samples be analyzed by an independent laboratory. These verification samples are sent to ALS Minerals laboratory facility located in Val-d'Or, Quebec. The verifications show a high degree of correlation with the Laboratory's results.
Qualified Person
Donald Trudel, P.Geo., (OGQ # 813) Director of Geology of the Company oversees all exploration activities on the Barry property and has compiled and approved the information contained in this press release. Mr. Trudel is a qualified person as defined by National Instrument 43-101 on standards of disclosure for mineral projects.
y @newsfile on 6 Mar 2023, 12:01
Bonterra Provides Operational Update and Launches an Exploration Program at the Duke Property with Joint Venture Partner Osisko Mining
Val-d'Or, Quebec--(Newsfile Corp. - March 6, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in northern Quebec, Canada, provides the following operational updates:
https://ceo.ca/@newsfile/bonterra-provides-operational-updat…
Bonterra Provides Operational Update and Launches an Exploration Program at the Duke Property with Joint Venture Partner Osisko Mining
Val-d'Or, Quebec--(Newsfile Corp. - March 6, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in northern Quebec, Canada, provides the following operational updates:
https://ceo.ca/@newsfile/bonterra-provides-operational-updat…
Trading Spotlight
Wahnsinn..
Das Unternehmen hat sich gerade vor einem Jahr mit 25m$ zu einem Kurs von 2$ Finanziert. Heute ist deren Aktienpreis 0.3$. Mit 3mOZ im Boden und einem Cash bestand von $5m sind die so viel Wert wie die Finanzierung von vor 12 Monaten.
Ja, der Markt ist echt schlecht, die PEA war mehr als sub optimal und das staendige Management wechsel gibt keine Hoffnung auf besserung, aber auch dann ist das Unternehmen extrem Unterbewertet. Ich erinnere mich - Bonterra hatte Osisko eine Absage vor 2 Jahren erteilt fuer ein Uebernahmeangebot fuer 1.6$/Share.
Falls die zum Ende des Jahres Permit fuer 2k Tonnen/Jahr Erzverarbeitung bekommen - koennen die Ihre Muehle fuer mehr geld an Osisko verkaufen(NUR die Muhele)!
Ich bin hier nicht investiert und schaue mir das ganze von der Seitenlinie an.
Bonterra Intersects 21.9 g/t Au over 4.4 m; Including 158.5 g/t over 0.5 m at the Barry Underground Project
Val-d'Or, Quebec--(Newsfile Corp. - December 12, 2022) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce more results from the ongoing infill drilling campaign at the Barry underground project. The Company commenced a 125,000 metres ("m") drill program at the Barry underground deposit last August, which contains 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources, as stated in the last mineral resource estimate (the "2021 MRE", see press release dated June 23, 2021). To date, 21,800 m (51 holes) of infill drilling has been completed from the surface, mainly in the upper half of the Barry underground deposit. Since the previous release dated November 15, 2022, assays from 11 holes have been received. Highlights from these assays are presented in the present release.
Highlights include:
21.9 g/t Au over 4.4 m, including 158.5 g/t Au over 0.5 m in hole MB-22-541
7.5 g/t Au over 2.8 m, including 30.3 g/t Au over 0.6 m in hole MB-22-542
13.0 g/t Au over 3.7 m, including 49.7 g/t Au over 0.5 m and 6.7 g/t Au over 3.9 m, including 27.2 g/t Au over 0.7 m and 4.3 g/t Au over 5.8 m, including 24.2 g/t Au over 0.5 m in hole MB-22-547A
8.1 g/t Au over 4.0 m, including 44.5 g/t Au over 0.7 m in hole MB-22-548
Marc André Pelletier, President and CEO, commented: "The ongoing infill drill program at Barry is focused on the upper half of the underground deposit and continues to deliver high-grade results. It is common to intercept more than one lens of mineralization in a single drill hole at Barry. For example, numerous high-grade intercepts are reported across six different lenses in drill hole MB 22-547A; highlighted by 13.0 g/t Au over 3.7 m in lens AB17; 6.7 g/t Au over 3.9 m in lens 800; and 4.3 g/t Au over and 5.8 m in lens H11. The Company intends to continue infill drilling the Barry deposit next year with two diamond drills on surface at a rate of approximately 6,000 m per month."
https://ceo.ca/@newsfile/bonterra-intersects-219-gt-au-over-…
Val-d'Or, Quebec--(Newsfile Corp. - December 12, 2022) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce more results from the ongoing infill drilling campaign at the Barry underground project. The Company commenced a 125,000 metres ("m") drill program at the Barry underground deposit last August, which contains 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources, as stated in the last mineral resource estimate (the "2021 MRE", see press release dated June 23, 2021). To date, 21,800 m (51 holes) of infill drilling has been completed from the surface, mainly in the upper half of the Barry underground deposit. Since the previous release dated November 15, 2022, assays from 11 holes have been received. Highlights from these assays are presented in the present release.
Highlights include:
21.9 g/t Au over 4.4 m, including 158.5 g/t Au over 0.5 m in hole MB-22-541
7.5 g/t Au over 2.8 m, including 30.3 g/t Au over 0.6 m in hole MB-22-542
13.0 g/t Au over 3.7 m, including 49.7 g/t Au over 0.5 m and 6.7 g/t Au over 3.9 m, including 27.2 g/t Au over 0.7 m and 4.3 g/t Au over 5.8 m, including 24.2 g/t Au over 0.5 m in hole MB-22-547A
8.1 g/t Au over 4.0 m, including 44.5 g/t Au over 0.7 m in hole MB-22-548
Marc André Pelletier, President and CEO, commented: "The ongoing infill drill program at Barry is focused on the upper half of the underground deposit and continues to deliver high-grade results. It is common to intercept more than one lens of mineralization in a single drill hole at Barry. For example, numerous high-grade intercepts are reported across six different lenses in drill hole MB 22-547A; highlighted by 13.0 g/t Au over 3.7 m in lens AB17; 6.7 g/t Au over 3.9 m in lens 800; and 4.3 g/t Au over and 5.8 m in lens H11. The Company intends to continue infill drilling the Barry deposit next year with two diamond drills on surface at a rate of approximately 6,000 m per month."
https://ceo.ca/@newsfile/bonterra-intersects-219-gt-au-over-…
Damit halbiert in 2 Monaten, schade, wuerde jetzt Jemand kaufen?
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