BonTerra Resources Inc. has received assays for three drill holes from the 2011 drill program on its Eastern Extension property.
The highlight of these drill holes is BA-11-32. This drill hole demonstrated persistent gold mineralization present in a series of mineralized quartz veins. Two of the mineralized veins host visible gold.
Notable in hole BA-11-32 is the presence of three distinct high grade veins. The best samples for these three vein systems range from 11.25 grams/tonne ("g/t") gold in the upper most vein, 15.25 g/t in the middle vein and 44.80 g/t gold in the deepest vein. The sample with the highest gold grade is in the deepest of these three veins. BonTerra is now awaiting the final lab samples from the 2011 drill campaign and is aggressively working on a new NI 43-101 inferred resource calculation.
The Company is currently awaiting a budget for the upcoming 2012 winter drill program which will benefit the Company to drill perpendicularly into the large magnetic high under Lac Barry, the Peninsula Zone discovered by BA-11-06. To date the Company has drilled four holes from the shore to hit this area. Drilling on the ice will enable BonTerra to both drill shorter holes as well as to determine the true widths of the veins which combine to form the Peninsula Zone.
Mitchell Adam, President states, "We invite shareholders and all interested to visit us in the core shack and view some of our core bearing high grade gold at the Quebec City Exploration Conference November 21-24."
The target for all drilling on the Eastern Extension property is smoky quartz veins mineralized with sulphides (pyrite, pyrrhotite, chalcopyrite, sphalerite ± visible gold). Sulphides commonly compose 1-10% of the mineralized zones and can be as high as 50% locally. Alteration is most commonly silica, carbonate, chlorite, tourmaline, sericite and epidote. The combination of quartz veins, tourmaline, alteration types and sulphides is ideal for gold mineralization in the area. Sphalerite present in the quartz veins appears to be associated with the highest grade gold zones on the Property to date.