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Bonterra Resources: Developing Quebec's Next Gold Camp
Released on Wednesday, February 17, 2021•COMMODITIES
Bonterra is currently focused on a fully funded exploration campaign involving seven diamond drill rigs across three main projects. The company is in the midst of a +50,000 m drill campaign that is designed to expand the known resource that is currently sitting at 2.1 million ounces of gold in all categories. Drilling will be used to publish an updated resource in the summer of 2021 and an economic study in the fall of 2021. Importantly, the company has a permitted mill that can be used to anchor the potential restart. Strategically, several other significant gold discoveries in the region become captive to the company's central processing facility.
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