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Bonterra’s recent drill results indicate that the mineralization at Gladiator has a much wider footprint than initially thought and is likely to continue to grow to the north beyond the upcoming mineral resource estimate.
Results support our theory of a large high-grade system at Gladiator with expansion potential beyond the pending resource update, which underpins the company’s ~190koz/year production potential by 2020E, with the addition of the nearby Moroy and Barry deposits.
Bonterra Resources has released drill results from their ongoing resource development program at the Gladiator Gold Deposit that demonstrate the potential for further resource growth. The company plans on publishing an updated resource in Q4/18 that will include these results (no further drilling data will be included).
The gold mining industry is notorious for dilutive mergers and destroying shareholder value. However, (too) rarely, a transaction occurs which actually makes complete and obvious sense and creates synergistic value.
Bonterra Resources has released new infill and extension drilling results from the ongoing resource development program at the Gladiator Gold Deposit, including an intersection of 30.5 g/t Au over 2m, which expanded the high-grade area of the South Zone (Figure 1).
Bonterra Resources announced further infill drill results at Gladiator, which includes the intersection of 44.9g/t Au over 3.0m extending a high-grade ore shoot at the Footwall Zone of their Gladiator Gold project.
Bonterra Resources announced positive results from 10 recent drill holes as the company completes the winter campaign of its 70,000m 2018 drill program at the Gladiator Gold Deposit.
Bonterra has announced that it has entered into a letter of intent to acquire 70% of Beaufield’s Duke property, which represents a strategic land acquisition
and enhances the exploration upside at the company’s flagship Gladiator deposit.
Bonterra has announced positive preliminary metallurgical testwork from the Gladiator Gold Deposit, which represents a significant hurdle for the company’s resource development program.
Results from additional drilling at Gladiator continue to support our view the deposit is likely to materially grow.
We updated the look & feel of our RCKS Talk Research Blog in March 2018.
To access the historical archives of our original blog format, please click on the link(s) below to be re-directed. Please note that we no longer update those archive blog pages.
Click here to access the RCKS Talk Blog Archive for Bonterra Resources Inc. (TSXV:BTR)
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