Mining group Bonterra Resources Inc (CVE:BTR) said Tuesday that it has extended drilling to more than 4.5 kilometers at the Gladiator gold deposit in Quebec’s Urban Barry camp.
Drilling by Bonterra and the previous owner of what is known as the Duke property led to deposit extensions heading east and west, the Vancouver-based miner said in a press release.
Since Bonterra exercised its option to buy a 70% stake in the Duke property from Beaufield Resources (now Osisko Mining Inc), it said it has realized an intersection of 7.7 grams per ton over 3 meters.
“Bonterra is consistently demonstrating the potential of gold discoveries on its land package in the Urban Barry camp,” CEO Nav Dhaliwal said in a statement. “The full potential of the Gladiator deposit and area can now be fully realized utilizing the complete land package consisting of the Duke option together with the original Bonterra lands.”
Shares of Bonterra eased 0.33% to C$3.06 in Canadian trading,
Contact Dennis Fitzgerald at [email protected]