Urbana Corporation Announces Winter Drilling Program Adjacent to Moss Target at Phoenix JV
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) has announced that Urbana is initiating a 4,150-meter winter drilling program on the Urbana property, which is adjacent to Bonterra's Moss target on the Phoenix JV with Gold Fields
The Urbana property is strategically located along the regional Mazères Fault, the main structural corridor hosting the Barry deposit (0.689 million ounces in Measured and Indicated categories, plus 0.689 million ounces in Inferred category). Recent drilling at the Moss Target has revealed high-grade gold mineralization similar to the Lynx Zone at the Windfall project.
The Urban-Barry camp has already yielded nearly 10 million ounces of gold discoveries across the Windfall, Barry, and Gladiator deposits, yet remains underexplored with potential for additional discoveries.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) ha annunciato che Urbana sta avviando un programma di perforazione invernale di 4.150 metri sulla proprietà Urbana, che si trova accanto all'obiettivo Moss di Bonterra nel Phoenix JV con Gold Fields.
La proprietà Urbana è strategicamente situata lungo il Faglie di Mazères, il principale corridoio strutturale che ospita il deposito Barry (0,689 milioni di once nelle categorie Misurate e Indicate, oltre a 0,689 milioni di once nella categoria Inferred). Le recenti perforazioni nel Target Moss hanno rivelato mineralizzazioni aurifere ad alta legge simili a quelle della Zona Lynx nel progetto Windfall.
Il campo Urban-Barry ha già prodotto quasi 10 milioni di once di scoperte d'oro nei depositi Windfall, Barry e Gladiator, e rimane poco esplorato, con potenziale per ulteriori scoperte.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) ha anunciado que Urbana está iniciando un programa de perforación invernal de 4,150 metros en la propiedad Urbana, que está adyacente al objetivo Moss de Bonterra en la asociación Phoenix con Gold Fields.
La propiedad Urbana está estratégicamente ubicada a lo largo de la Falla de Mazères, el principal corredor estructural que alberga el depósito Barry (0.689 millones de onzas en las categorías Medidas e Indicadas, además de 0.689 millones de onzas en la categoría Inferida). Las perforaciones recientes en el objetivo Moss han revelado mineralización de oro de alta ley similar a la Zona Lynx del proyecto Windfall.
El campo Urban-Barry ya ha arrojado casi 10 millones de onzas de descubrimientos de oro en los depósitos Windfall, Barry y Gladiator, pero sigue estando poco explorado con potencial para descubrimientos adicionales.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF)는 Urbana가 Bonterra의 Phoenix JV Gold Fields의 Moss 목표와 인접한 Urbana 부지에서 4,150미터 겨울 시추 프로그램을 시작한다고 발표했습니다.
Urbana 부지는 지역 마제르즈 단층을 따라 전략적으로 위치해 있으며, 이는 Barry 매장지(측정 및 지시 범주에서 0.689백만 온스, 추정 범주에서 0.689백만 온스 포함)를 주로 포함하는 구조적 통로입니다. Moss 목표지에서의 최근 시추는 Windfall 프로젝트의 Lynx 존과 유사한 고등급 금 광물화를 드러냈습니다.
Urban-Barry 캠프는 이미 Windfall, Barry 및 Gladiator 매장지에서 거의 1000만 온스의 금 발견을 생성하였으나, 추가 발견 가능성이 있는 미탐사 지역으로 남아있습니다.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) a annoncé que Urbana lance un programme de forage hivernal de 4 150 mètres sur la propriété Urbana, qui est adjacente à l'objectif Moss de Bonterra dans le cadre du partenariat Phoenix avec Gold Fields.
La propriété Urbana est stratégiquement située le long de la Faille de Mazères, le principal corridor structurel qui abrite le dépôt de Barry (0,689 million d'onces dans les catégories Mesurées et Indiquées, plus 0,689 million d'onces dans la catégorie Inférée). Les forages récents sur l'objectif Moss ont révélé une minéralisation aurifère de haute qualité semblable à celle de la Zone Lynx dans le projet Windfall.
Le camp Urban-Barry a déjà produit près de 10 millions d'onces de découvertes d'or dans les dépôts Windfall, Barry et Gladiator, mais reste sous-exploré avec un potentiel pour des découvertes supplémentaires.
Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) hat angekündigt, dass Urbana ein 4.150 Meter umfassendes Winterbohrprogramm auf dem Urbana-Grundstück startet, das an das Moss-Ziel von Bonterra im Phoenix JV mit Gold Fields angrenzt.
Das Urbana-Grundstück liegt strategisch entlang der Mazères-Verwerfung, dem Hauptstrukturkorridor, der das Barry-Vorkommen (0,689 Millionen Unzen in den Kategorien Gemessen und Angedeutet sowie 0,689 Millionen Unzen in der Kategorie Vermutet) enthält. Kürzlich durchgeführte Bohrungen am Moss-Ziel haben hochgradige Goldmineralisierungen ähnlich der Lynx-Zone im Windfall-Projekt offenbart.
Das Urban-Barry-Lager hat bereits nahezu 10 Millionen Unzen an Goldentdeckungen in den Vorkommen Windfall, Barry und Gladiator hervorgebracht, bleibt jedoch unterexploriert mit Potenzial für zusätzliche Entdeckungen.
- Property location along strategic Mazères Fault corridor
- Proximity to established Barry deposit with 1.378M oz gold resource
- Recent discovery of high-grade Lynx-type mineralization at Moss Target
- Located in proven gold camp with 10M oz total discoveries
- None.
Val-d'Or, Quebec--(Newsfile Corp. - February 6, 2025) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") congratulates Urbana Corporation ("Urbana") on initiating a 4,150 meters ("m") winter drill program on the Urbana property located adjacent to the Moss target on the Company's Phoenix JV with Gold Fields Ltd. (see Urbana's press release dated on February 3, 2025).
The Urbana property is crossed by the regional Mazères Fault, which is the main structural corridor that hosts the Barry deposit (0.689 million ounces in the Measured and Indicated categories and 0.689 million ounces in the Inferred category) and where recent drilling at the Moss Target identified high-grade gold mineralization similar to the high-grade Lynx Zone at the Windfall project (see press releases dated December 11, 2024, August 6, 2024 and April 15, 2024).
Cesar Gonzalez, Executive Chairman, commented: "We are pleased to see Urbana initiate a drilling campaign in this highly prospective and emerging gold camp, where nearly 10 million ounces of gold have already been discovered across the Windfall, Barry, and Gladiator deposits. Despite these significant discoveries, the camp remains underexplored, with strong potential for additional finds—demonstrated by the recent discovery of Lynx-type mineralization at the Moss Target by Gold Fields. We wish our neighbors at Urbana much success in their exploration campaign."
Urban-Barry Camp Map
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About Bonterra Resources Inc.
Bonterra is a Canadian gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company's assets include the Gladiator, Barry, Moroy, and Bachelor gold deposits, which collectively hold 1.24 million ounces in Measured and Indicated categories and 1.78 million ounces in the Inferred category.
In November 2023, the Company entered into an earn-in and joint venture agreement with Osisko Mining Inc. for the Urban-Barry properties, which include the Gladiator and Barry deposits. In August 2024, Gold Fields Ltd. announced the acquisition of Osisko Mining for C
FOR ADDITIONAL INFORMATION
Marc-André Pelletier, President & CEO
ir@btrgold.com
2872 Sullivan Road, Suite 2, Val d'Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com
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Forward-Looking Information
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements or information. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including the ability and timing of the parties to complete the Joint Venture (if at all), whether the work expenditures would be incurred as contemplated in the Agreement (or at all), the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in the Company's recent securities filings available at www.sedarplus.ca. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
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FAQ
What is the size of Urbana's winter drilling program near Bonterra's BONXF Moss Target?
How many ounces of gold resources are in the Barry deposit near BONXF's property?
What is the total gold discovery in the Urban-Barry camp where BONXF operates?
What type of mineralization was found at BONXF's Moss Target in recent drilling?
Which major geological structure crosses the Urbana property near BONXF's operations?
