BonTerra Resources Invited to Showcase the Gladiator Gold Project at the Mineral Exploration Roundup 2016
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Vancouver, January 22, 2016: BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "BonTerra") is pleased to announce that the Association for Mineral Exploration British Columbia ("AMEBC") has invited the Company to showcase its 2015 drill core from its 100% owned West Arena Gold Property, within the Gladiator Gold Project located north of Val d'Or, Quebec.
Nav Dhaliwal, President and CEO of BonTerra, stated: "We are honored to be one of the few companies selected to showcase our 2015 drill core from our 100% owned Gladiator Gold Project at the upcoming and respected AMEBC Roundup Core Shack. 2015 was a very positive year for BonTerra at all levels. Our technical team was exceptional, with a well-executed drill program not only delivering excellent drill results, but also expanding the known gold zones along strike and at depth. We also completed strategic financings over the past year attracting solid new investors and fund groups who believe in the vision and strategy at our exciting Gladiator Gold Project. Our management team will also be present at the Vancouver Resource Investment Conference to speak and hear from our investors and investment community."
AMEBC Mineral Exploration Roundup 2016 ("Roundup"):
The Roundup is located at the Vancouver Convention Centre East - under the sails of Canada Place from January 25 - 28, 2016. Please visit www.amebc.ca/roundup for information regarding the world-class event and look for us located in Booth #817, where BonTerra will have core on display from our Gladiator Gold Project on Monday Jan. 25th and Tuesday Jan. 26th, from 9 am to 4 pm in the Core Shack.
BonTerra wishes to invite everyone to join us for the ("Roundup") and visit the Core Shack described by AMEBC as:
".... a cornerstone of Roundup, showcases new discoveries, leading prospects, advanced projects and operating mines from around the world. Core Shack 2016 will feature core displays from projects in diverse countries and settings, and represent a broad array of deposit types and project stages. Commodities featured in 2015 included copper, gold, silver, lead, zinc, nickel, graphite, rare earths and platinum group elements. Each two days, a new suite of the sector's most compelling projects will be displayed, with maps, cross-sections and the project's technical representative on hand to answer questions...."
Vancouver Resource Investment Conference ("VRIC"):
The VRIC is located at the Vancouver Convention Centre West from January 24 - 25, 2016. Please visit www.camrbidgehouse.com for information regarding this first class investment conference and visit us in Booth #529, where BonTerra will have its management team available to chat to all shareholders, media and members of the investment community.
BonTerra Resources Quick Facts:
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-~$3.5 million in Cash and debt free as at January 1, 2016; ~53 million shares outstanding.
-2016 Exploration Program underway - up to 25,000 meters utilizing minimum of two drill rigs at its 100% owned Gladiator Gold Project to expand current gold resource.
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-BA-15-01 intersected 14.1 g/t Au over 6.6m (announced November 4, 2015)
-BA-15-02 intersected 7.2 g/t Au over 7.7m (announced December 2, 2015)
-Located in the Abitibi Greenstone Belt in mining-friendly Quebec.
-Using a 4 g/t Au cut-off grade, the project currently contains an inferred resource of 905,000 tonnes, grading 9.37 g/t Au for 273,000 ounces of gold. Of note, ~90% of the worlds operating mines have an average gold grade less than 8 g/t.
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ON BEHALF OF THE BOARD OF DIRECTORS,
Nav Dhaliwal
President & CEO, BonTerra Resources Inc.
For additional information, please contact:
Todd Hanas
Corporate Development
E: todd@bonterraresources.com
T: 866.869.8072
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.
This press release contains "forward-looking information" that is based on Bonterra''s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra's exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Bonterra disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
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