Bonterra Res - BONXF STOCK NEWS

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About Bonterra Resources Inc.

Bonterra Resources Inc. (TSXV: BTR, OTCQX: BONXF, FSE: 9BR2) is a Canadian gold exploration company with a focus on advancing high-potential gold deposits in Quebec, Canada. Anchored by a strategically located central milling facility in Val-d'Or, Quebec, Bonterra's portfolio includes advanced exploration assets such as the Gladiator, Barry, Moroy, and Bachelor gold deposits. These assets collectively hold significant gold resources, positioning the company as a key player in the prolific Abitibi greenstone belt, a region renowned for its rich mineral endowment.

Core Operations and Assets

Bonterra's operations are centered around its advanced exploration projects, which are supported by its Bachelor Mill Complex. This facility provides a competitive advantage by enabling efficient ore processing and reducing logistical challenges. The company's flagship assets include:

Gladiator Deposit: A high-grade gold deposit with significant exploration upside, located within the Urban-Barry mining camp.
Barry Deposit: Known for its open-pit and underground potential, the Barry deposit complements the company's resource base.
Moroy and Bachelor Deposits: These deposits are located near the Bachelor Mill, offering synergies in exploration and development.

In addition to these assets, Bonterra has a 100% interest in the Desmaraisville South Project, which has shown promising exploration results and potential for near-surface gold mineralization.

Strategic Partnerships and Growth Initiatives

Bonterra has demonstrated a commitment to collaboration through its joint venture agreement with Osisko Mining Inc. (now Gold Fields Ltd.) for the Urban-Barry properties. Under this agreement, Gold Fields can earn a 70% interest by investing C$30 million in exploration expenditures by 2026. This partnership underscores Bonterra's strategic approach to advancing its assets while sharing exploration risks.

The company's exploration efforts are further bolstered by its partnerships with industry experts and service providers, ensuring the use of cutting-edge technologies and methodologies in its drilling and analysis programs.

Competitive Positioning

Operating in the highly competitive gold exploration sector, Bonterra stands out due to:

Strategic Location: Its assets are situated in a world-class gold mining region with excellent infrastructure and access to skilled labor.
Advanced Assets: The company's deposits have significant resource bases and exploration potential, providing a strong foundation for growth.
Central Milling Facility: The Bachelor Mill enhances operational efficiency and positions Bonterra for rapid project development.
Collaborative Approach: Partnerships with major players like Gold Fields and innovative service providers amplify its exploration capabilities.

Commitment to Sustainable Development

Bonterra is dedicated to responsible exploration practices, adhering to strict environmental and regulatory standards. The company engages with local communities and stakeholders to ensure its operations contribute positively to regional development.

Conclusion

Bonterra Resources Inc. is poised for growth in the dynamic gold exploration industry. With a robust portfolio of advanced assets, strategic partnerships, and a commitment to operational excellence, the company is well-positioned to unlock significant value for its stakeholders. Its focus on the Abitibi greenstone belt, combined with its technical expertise and collaborative approach, underscores its potential as a key contributor to Quebec's mining sector.

02/27/2024 06:00 AM

News

Bonterra Intersects 1.77 g/t Au over 12.1 m, Including 2.33 g/t Au over 7.0 m on its 100% owned Desmaraisville South Project

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Bonterra Resources Inc. announces positive results from its 15,000 meters drill program at the Desmaraisville South project, with significant gold intercepts. The company's CEO highlights the economic gold values discovered near the Bachelor Mill Complex and plans for further exploration. Additionally, progress updates on the Phoenix JV operated by Osisko Mining Inc. are provided, showcasing successful exploration efforts.

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02/05/2024 06:00 AM

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Bonterra Intersects 2.23 g/t Au over 8.2 m, Including 9.26 g/t Au over 1.7 m on its 100% owned Desmaraisville South Project

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Bonterra Resources Inc. announces the latest results from its 15,000 meters drill program at its 100% owned Desmaraisville South project. The diamond drilling was conducted within seven kilometers of the Bachelor Mill Complex. Highlights include significant gold mineralized intersections, such as 2.23 g/t Au over 8.2 m, 15.30 g/t Au over 1.0 m, and 0.80 g/t Au over 11.7 m. The company's President and CEO, Marc-André Pelletier, commented on the transformative potential for Bonterra this year. The company is expecting highly prospective drill targets for exploration later this year.

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02/01/2024 06:00 AM

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Bonterra Announces Appointment of Matthew Houk to Board of Directors

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Bonterra Resources Inc. welcomes Matthew Houk as an independent non-executive director to the board of directors. Mr. Houk, a Portfolio Manager and Research Analyst at Horizon Kinetics LLC, brings valuable insights and experience as an investor in undervalued companies. He is granted incentive stock options to acquire 300,000 common shares of the Company. Cesar Gonzalez, Executive Chairman of Bonterra, expresses privilege in having Horizon Kinetics as a shareholder and welcoming Mr. Houk to the Board.

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01/18/2024 06:00 AM

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Bonterra Announces Start of Exploration Drilling as Part of the Option Agreement with Osisko Mining

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Bonterra Resources Inc. announces the start of exploration drilling on the Phoenix JV as part of a joint venture agreement with Osisko Mining Inc. Osisko plans to spend $30 million over three years and drill over 35,000 meters in 2024. The Operator has identified multiple targets, including the Moss target, and plans to mobilize up to five drill rigs during the year. The Company also intends to continue exploring its 100%-owned Desmaraisville Property near the Bachelor Mill Complex in 2024.

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01/02/2024 06:00 AM

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Bonterra Grants Security-Based Compensation

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Bonterra Resources Inc. (BTR) Grants 750,000 Restricted Share Units to Certain Officers

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12/14/2023 06:00 AM

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Bonterra Completes an Airborne Gravity Survey and Initiates a Ground Geophysical IP Survey at Its Desmaraisville Properties

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Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) has completed a high-resolution helicopter-borne gravity survey and commenced a ground induced polarization survey at its Desmaraisville North and South Properties. This is part of the Company's 2024 exploration program to generate exploration targets for gold enrichment and base metals. Bonterra contracted Sander Geophysics Ltd to conduct the gravity survey and Abitibi Geophysics Inc. to carry out the IP survey. Additionally, the company mobilized a drill rig to test the deep southwest plunge of a zinc, lead, and silver mineralized orebody at the old Coniagas Mine. These efforts are aimed at identifying new exploration targets for future drilling campaigns.

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12/04/2023 06:00 AM

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Bonterra Intersects 10.97 g/t Au over 10.1 m, including 16.36 g/t Au over 4.7 m on its 100% owned Desmaraisville South Project

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Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) announces the first drill results of its 15,000 meters drill program at its Desmaraisville South project. The drill program aims to explore new targets and validate improved geological interpretation. The recent discovery of mineralized zones at Desmaraisville South supports the company's understanding of the gold potential, indicating similarities to the Bachelor and Moroy deposits on the western side of the O'Brien Intrusive.

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11/30/2023 06:00 AM

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Bonterra Resources Announces Final Gold Sale from its Bachelor Mill Cleanup

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Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) reports recovery and sale of 1,346.5 ounces of gold, generating gross revenue of C$3.6 million. The costs associated with the sales represent a total of C$0.9 million for a net revenue of C$2.7 million. The Company has enough funds to complete a 15,000 meters drill campaign at Desmaraisville properties, with three drill rigs focusing on high-grade intercepts and regional exploration targets.

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11/28/2023 01:36 PM

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Bonterra Executes Definitive Option Agreement with Osisko Mining on Bonterra's Urban-Barry Property

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Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) has executed a definitive earn-in and joint venture agreement with Osisko Mining Inc., giving Osisko the right to acquire up to a 70% interest in the Company's Gladiator and Barry projects, in addition to the adjoining Duke and Lac Barry properties. Osisko has paid the Company initial up-front payments totaling $5 million and can earn a 70% interest in the Properties by expending $30 million on qualifying expenditures over the next three years. The Agreement has been approved by the TSX Venture Exchange.

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10/31/2023 07:00 AM

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Bonterra Announces Extension of Binding Letter Agreement for Joint Venture with Osisko Mining

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Bonterra Resources Inc. announces an extension of the outside date to enter into a definitive agreement with Osisko Mining Inc. regarding an exploration earn-in and joint venture agreement. The new date is November 17, 2023.

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FAQ

What is the current stock price of Bonterra Res (BONXF)?

The current stock price of Bonterra Res (BONXF) is $0.1415 as of February 28, 2025.

What is the market cap of Bonterra Res (BONXF)?

The market cap of Bonterra Res (BONXF) is approximately 25.8M.

What is Bonterra Resources Inc.'s primary focus?

Bonterra Resources Inc. focuses on gold exploration and advancing high-potential gold deposits in Quebec, Canada.

What are Bonterra's key assets?

Bonterra's key assets include the Gladiator, Barry, Moroy, and Bachelor gold deposits, supported by the Bachelor Mill Complex.

Who are Bonterra's strategic partners?

Bonterra has a joint venture with Gold Fields Ltd. (formerly Osisko Mining) for the Urban-Barry properties, showcasing its collaborative approach.

What makes Bonterra stand out in the gold exploration industry?

Bonterra's strategic location in the Abitibi greenstone belt, advanced assets, central milling facility, and strong partnerships differentiate it from competitors.

Where is Bonterra Resources Inc. based?

Bonterra is headquartered in Val-d'Or, Quebec, Canada, a region renowned for its rich gold mining history.

What is the significance of the Bachelor Mill Complex?

The Bachelor Mill Complex provides Bonterra with a competitive advantage by enabling efficient ore processing and supporting rapid project development.

What is the Urban-Barry joint venture?

The Urban-Barry joint venture allows Gold Fields to earn a 70% interest in the properties by investing C$30 million in exploration expenditures by 2026.

How does Bonterra ensure sustainable exploration practices?

Bonterra adheres to strict environmental and regulatory standards and engages with local communities to ensure positive regional contributions.

What is the Desmaraisville South Project?

The Desmaraisville South Project is a 100% owned Bonterra property showing promising near-surface gold mineralization and significant exploration potential.