Best known for its bonanza grade visible gold hosted in altered quartz-carbonate vein, Bonterra’s flagship “Eastern Extension” now includes a new drill defined NI 43-101 gold resource estimate of 492,000 oz Au as well as 3D modelled renderings of both known gold mineralized veins and large, vastly unexplored areas of interest nearby. Bonterra is now focused on extending and expanding these initial estimates, while exploring and defining newly identified parallels, outcrops and anomalies identified in this large prospective gold deposit.
Since BonTerra Resources optioned the property from Abitex Resources in September, 2010 the company has been very active in working the property. BonTerra has spent approximately $3,000,000 on a multi-faceted work program. This has included channel sampling, diamond drilling, ground magnetic survey, an IP survey as well as diamond drilling.