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Bonterra Resources continues to expand exciting Gladiator deposit in Quebec

Infill and extension drilling continues to demonstrate the continuity of the deposit, the junior resource group said

Bonterra Resources continues to expand exciting Gladiator deposit in Quebec
Getting to the core - Bonterra workers examine their finds

Bonterra Resources (CVE:BNE) revealed the Gladiator gold deposit in Quebec continued to show off its credentials as it reported on latest drill results.

An updated resource estimate is earmarked for the fourth quarter this year.

Infill and extension drilling continues to demonstrate the continuity of the deposit, and a recent highlight assay was  15.3 g/t (grams per ton) gold over 2.7 m (meters) in one hole.

This increases the Footwall Zone considerably in both size and grade, expanding the potential down plunge, the company said.

Four horizons

Mineralisation has now been confirmed over a total drilled strike length on at least four horizons - North, Footwall, Main and South of 1,200 m, as well as a drilled depth of over 1,000m.

Meanwhile, another step-out hole hit the Footwall zone with 9.1 g/t of the yellow metal over 2m, which expanded the mineralization westwards in the Rivage area.

Another sunk at what’s called the North Zone in the Rivage area hit 12.2 g/t gold over 1.5 m, extending the depth, and opened up new high-grade mineralization down plunge to 300m below surface.

Finally, another hole hit the North Zone and expanded the high-grade chute up plunge towards surface in the east side of the deposit with 12.6 g/t gold over 1.3 m.

Bonterra told investors: "Positive results from step out drilling in both the Rivage and eastern areas of the deposit continue to indicate the potential for further expansion of the Gladiator deposit along defined high-grade chutes and highlights the predictability of the geological model."

Validates geological model

The firm alse said infill work had "validated" the geological model and demonstrated the continuity of mineralization.

The program continues with five drills at the deposit in preparation for the updated resource estimate in the fourth quarter of 2018.

Only last week, the junior explorer released more encouraging drilling results from Gladiator.

Highlights included an intersection of 30.5 grams per ton (g/t) gold over 2 metres (m).

Shares added 0.44% to C$18.15.

Quick facts: Bonterra Resources Inc.

Price: 1.08 CAD

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Market: TSX-V
Market Cap: $83.69 m
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