BonTerra - Drilling next to Metanor property
BTR.V
These guys came up on a Google News search for Metanor. They are drilling next to Metanor at Barry. Could be interesting once we see Metanor 43-101.
BonTerra Resources Inc.: 2010 Drilling Commences on the Urban-Barry Township Property
Posted on: Wed, 15 Sep 2010 03:01:00 EDT
Symbols: BTR, BONXF
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VANCOUVER, BRITISH COLUMBIA, Sep 15, 2010 (Marketwire via COMTEX) --
BonTerra Resources Inc. (TSX VENTURE: BTR | PowerRating) (the "Company", "Bonterra") announces it has commenced drilling operations and have retained AlXtreme Drilling of Val d'Or, Quebec. AlXtreme Drilling is conducting the 2010 drill program on the company's Urban-Barry Township Property.
Drilling will focus on various targets on the property. These include: magnetic anomalies which cross the property from the NE-SW, geological contacts (especially where they coincide with magnetic anomalies), NE-SW trending fault zones as well as NE-SW striking mineralized quartz-carbonate veins with sulphide mineralization discovered by a recent prospecting program on the property.
Geological Inc. of Val d'Or, Quebec will be responsible for overseeing the drill program on behalf of the Company. Since 1985, Geologica Inc., a diverse mining exploration consulting company has worked on over 500 exploration projects to date.
BonTerra Resources geologists believe that the magnetic anomaly that runs through the Urban-Barry property is parallel to the known gold bearing structure to the north. This northern structure runs from Eagle Hill Exploration Corp.'s Windfall Lake property (33 metres at 19 g/t as well as a 1,400 metre underground decline) in the northeast to Metanor Resource Inc.'s non NI 43-101 compliant Barry Deposit (269,000 tonnes at 4.10 ppm gold indicated & 450,000 tonnes at 4.68 ppm gold inferred in zones 43 and 45 and in the main zone) in the southwest.
Company President, Mitchell Adam states, "We look forward to receiving our assays back from our sample program and initiating the drill program. So far all the work done to date by North American Exploration, Geologica Inc and our team appears to be setting up the company for a very successful drill program."
The 100% owned property is located approximately 170 km NE of Val-d'Or and 125 km SW of Chibougamau in the Urban township in James Bay, Quebec Neighboring Companies in the region are Amesco, Beafield, BonTerra, Eagle Hill, Glen Eagle, Metanor, and Urbana.
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the Company by Thomas Clarke, Pr.Sci.Nat. a qualified person.
ON BEHALF OF THE BOARD
BONTERRA RESOURCES INC.
