Tag: #BonTerra

Bonterra and Metanor enter into a loan agreement

Bonterra and Metanor enter into a loan agreement

The merger between Bonterra Resources (BTR.V) and Metanor Resources (MTO.V) remains on track, and the companies have now entered into a C$4M loan agreement. Bonterra will advance C$4M (at a 10% interest rate) to Metanor, which will use the cash for general working capital purposes whilst both companies are working […]

Bonterra Resources and Beaufield sign Duke earn-in agreement

Bonterra Resources and Beaufield sign Duke earn-in agreement

Bonterra Resources (BTR.V) has concluded the negotiations with Beaufield Resources (BFD.V) whereby the latter will allow Bonterra to earn a 70% stake in the Duke property, which is located on the border of Bonterra’s own project, and surrounds the Gladiator deposit on three sides. According to CEO Dhaliwal, the acquisition […]

Bonterra continues to increase its confidence in the Gladiator zone

Bonterra continues to increase its confidence in the Gladiator zone

Bonterra Resources (BTR.V) is now continuously publishing new assay results from the drill holes completed during the winter drill program, and it looks like all new holes are confirming the continuity of the gold-bearing veins at Gladiator. As Bonterra is gearing up to complete a resource update, it’s encouraging to […]

BonTerra Resources now has five rigs on site

BonTerra Resources now has five rigs on site

BonTerra Resources (BTR.V) is in the middle of its 70,000 meter drill program at the Gladiator deposit and five drill rigs are currently active on the project site. These five rigs will be focusing on drilling the Gladiator deposit out with a 50 meter hole spacing for a total program […]

BonTerra’s Gladiator deposit continues to grow

BonTerra’s Gladiator deposit continues to grow

Excellent news from BonTerra Resources (BTR.V) today as the company has published some initial results from its winter drill program at the Gladiator gold project in Québec, Canada. These assay results were releases sooner than we expected, but after seeing the grades, it’s understandable  why BonTerra was very keen on […]

BonTerra attracts Kinross Gold as strategic investor

BonTerra attracts Kinross Gold as strategic investor

BonTerra Resources (BTR.V) has announced it will raise C$5.2M in a private placement by issuing 14.86 million shares at C$0.35 per share. The only buyer of the stock is Kinross Gold (KGC, K.TO), which will subsequently own almost 10% of BonTerra’s share capital. This is a very interesting step forward, […]

BonTerra finds more high-grade gold, raises more cash

BonTerra finds more high-grade gold, raises more cash

BonTerra Resources (BTR.V) has released new drill results from the Rivage Gap Western Extension of the Gladiator Deposit in Québec. Hole 47 discovered a new gold zone at a depth of approximately 300 meters, whilst hole 48 intersected several higher grade intervals in the RGWE zone. With 3.8 meters of […]

BonTerra Resources adds cheap ounces with the acquisition of Larder

BonTerra Resources adds cheap ounces with the acquisition of Larder

BonTerra Resources (BTR.V) has entered into an agreement with Kerr Mines (KER.TO) whereby BonTerra will acquire Kerr’s 100% interest in the Larder Lake property in Ontario. Larder contains a NI43-101 compliant estimate with in excess of 950,000 ounces of gold at an average grade of approximately 5.4 g/t. It’s not […]