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10.11.2011
BonTerra Retains Agat Labs for Validation Sampling on 15,000 Metre Drill Program in Quebec
BonTerra Retains Agat Labs for Validation Sampling on 15,000 Metre Drill Program in Quebec
Vancouver, BC – November 10, 2011: BonTerra Resources Inc. (TSX.V: BTR; FSE: 9BR) (the “Company”, “BonTerra”) has retained a second laboratory, AGAT Laboratories of Mississauga, Ontario (“AGAT”) to assay drill core samples along with ALS Chemex (“ALS”). AGAT is a fully accredited laboratory and conforms with the requirements of CAN-P-4E (ISO/IEC 17025:2005) and CAN-P-1579 by the Standards Council of Canada. AGAT is a specialized Canadian based lab with thirty (30) years of experience in providing comprehensive analytical services to the mining industry.
AGAT is being used to both assay new drill core samples from the final drill holes as well as to validate assay results received to date from ALS Chemex. Validation is the process whereby samples that assayed over 1 g/t gold are sent in for re-assay to verify the values received to date. This is in addition to the Company employing a full quality assurance and quality control (“QAQC”) program. Sample validation is necessary for the completion of the NI 43-101 compliant inferred resource calculation for the Eastern Extension property (the “Property”).
BonTerra should be finished drilling its 15,000 metre drill program by the end of November. Once the Company receives the final assay results from drill core including validation samples all efforts will focus on finalizing the compilation of database for all work completed to date. After this is completed, Geologica of Val d’Or, Quebec will complete the NI 43-101 compliant inferred gold resource calculation for the Property. Final holes are being completed and assays will be released when they become available.
Mitchell Adam, President states, “The Company is looking forward to completing the 2011 drill program and compiling all the assay data from the 15,000 metres of drilling completed over the past 12 months. Once we have completed our 43-101 inferred calculation, we will begin to budget and plan for a 2012 drill program with the focus of increasing the size and scope of the Eastern Extension project and prepare for winter drilling on the ice targets.”
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.
About BonTerra Resources
BonTerra is a Canadian gold exploration company focused continuing to expand the drill defined gold zone on its Eastern Extension property, part of the world famous Abitibi Greenstone Belt in mining friendly Quebec. BonTerra has a total of three properties in the Urban-Barry belt, all gold exploration targets. BonTerra’s Eastern Extension, Lavoie and Urban-Barry 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: (i) anticipates drilling will continue to expand certain veins; (ii) further work is planned to increase the size of the vein including drilling the area this winter; and (iii) believes that the cumulative total of all drilling will begin to add considerable value for the Company’s shareholders . 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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Vancouver, BC – November 10, 2011: BonTerra Resources Inc. (TSX.V: BTR; FSE: 9BR) (the “Company”, “BonTerra”) has retained a second laboratory, AGAT Laboratories of Mississauga, Ontario (“AGAT”) to assay drill core samples along with ALS Chemex (“ALS”). AGAT is a fully accredited laboratory and conforms with the requirements of CAN-P-4E (ISO/IEC 17025:2005) and CAN-P-1579 by the Standards Council of Canada. AGAT is a specialized Canadian based lab with thirty (30) years of experience in providing comprehensive analytical services to the mining industry.
AGAT is being used to both assay new drill core samples from the final drill holes as well as to validate assay results received to date from ALS Chemex. Validation is the process whereby samples that assayed over 1 g/t gold are sent in for re-assay to verify the values received to date. This is in addition to the Company employing a full quality assurance and quality control (“QAQC”) program. Sample validation is necessary for the completion of the NI 43-101 compliant inferred resource calculation for the Eastern Extension property (the “Property”).
BonTerra should be finished drilling its 15,000 metre drill program by the end of November. Once the Company receives the final assay results from drill core including validation samples all efforts will focus on finalizing the compilation of database for all work completed to date. After this is completed, Geologica of Val d’Or, Quebec will complete the NI 43-101 compliant inferred gold resource calculation for the Property. Final holes are being completed and assays will be released when they become available.
Mitchell Adam, President states, “The Company is looking forward to completing the 2011 drill program and compiling all the assay data from the 15,000 metres of drilling completed over the past 12 months. Once we have completed our 43-101 inferred calculation, we will begin to budget and plan for a 2012 drill program with the focus of increasing the size and scope of the Eastern Extension project and prepare for winter drilling on the ice targets.”
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.
About BonTerra Resources
BonTerra is a Canadian gold exploration company focused continuing to expand the drill defined gold zone on its Eastern Extension property, part of the world famous Abitibi Greenstone Belt in mining friendly Quebec. BonTerra has a total of three properties in the Urban-Barry belt, all gold exploration targets. BonTerra’s Eastern Extension, Lavoie and Urban-Barry 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: (i) anticipates drilling will continue to expand certain veins; (ii) further work is planned to increase the size of the vein including drilling the area this winter; and (iii) believes that the cumulative total of all drilling will begin to add considerable value for the Company’s shareholders . 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.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA09852X1078">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA09852X1078</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.