| August 04, 2010 Quebec Urban Township Work Program Commences | |
| Vancouver, BC - Aug 4, 2010: BonTerra Resources Inc. (BTR: TSXV) (the "Company", "Bonterra") announces it has recently completed a Ground Magnetic program on its 100% owned Quebec Urban Township Gold Property. BonTerra has delineated a 3 km magnetic anomaly. This anomaly is situated on a northeast to southwest trend. It lays in a parallel fault structure between the known Nubar deposit of Glen Eagle Resources Inc. (currently estimated to be 564,000 tonnes at 6.2 g/t; non NI 43-101 complaint) and Amseco Exploration Ltd.-Beaufield Resource Inc.'s Lac Rouleau. Lac Rouleau is currently composed of 544,000 tonnes at 7.2 g/t (non NI 43-101 complaint). It appears to Management and the Company geologist's that the magnetic anomaly that runs through the Company's Property is parallel to the known gold bearing structure to the north. This northern structure runs from Eagle Hill Exploration Corp.'s Windfall Lake Gold Property (33 metres at 19 g/t as well as a 1,400 metre underground decline) in the northeast to Metanor Resources Inc.'s Barry Deposit (35,500 Oz gold indicated & 67,600 Oz gold inferred in zones 43 and 45 and in the main zone) in the southwest. Further, the Company announces that it has entered into a data purchase of the recently flown Airborne Magnetic data from Amseco Exploration Ltd. The Company is currently in the process of interpreting the data and finalising the interpretation of the 80km Ground mag survey which was done on the property over that last month. The Company will also begin to complete a NI 43-101 technical report on this property as management firmly believes this is BonTerra's most immediately exploitable asset. Company president, Mitchell Adam states, "We are very pleased to have recently completed a flow-through financing with Mineralfields Inc., as it has enabled us to advance this program. We also would like to give thanks to the hard work and foresight of Amseco Exploration which undertook the airborne on our property. We feel this will immensely assist us in delineating our targets for an immediate drill program. Additionally, we feel this region has become a potential new world class mining camp for Canada with the successes of Metanor, Eagle Hill, Amesco, Beafield, Urbana, and now BonTerra." 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. 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 W. Clarke, Pr.Sci.Nat. a qualified person. ON BEHALF OF THE BOARD BONTERRA RESOURCES INC. /s/ Mitchell Adam Mitchell Adam President, Director For further information contact: Mitchell Adam info@bonterraresources.com www.bonterraresources.com Tel: (604) 669-9330 This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of BonTerra such as the statement that: There are numerous risks and uncertainties that could cause actual results and BonTerra's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) the inability to obtain exchange approval and (ii) other factors beyond BonTerra's control. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, BonTerra assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. | |
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