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GOLD: Bonterra shares resource estimates for Urban Barry camp



The existing mill is being upgraded to a throughput of 2,400 t/d. (Image: Bonterra Resources)

QUEBEC – Bonterra Resources, based in Val d’Or, has released a new resource estimate for its three projects – Gladiator, Barry and Moroy – in the Urban Barry camp about 200 km northeast of Val d’Or.

For all the deposits, the indicated resource is 3.2 million tonnes averaging 6.33 g/t gold and containing 643,000 oz. of gold. The inferred resource is 6.2 million tonnes averaging 7.04 g/t and containing 1.4 million oz. The Moroy resource (see below) has a measured resource as well.

Here are the numbers for each deposit:

  • Gladiator: 743,000 indicated tonnes at 8.46 g/t gold for 202,000 contained oz. and 2.7 million inferred tonnes at 9.10 g/t for 897,000 oz.
  • Barry: 2.1 million indicated tonnes at 5.84 g/t for 385,000 oz. and 2.7 inferred tonnes at 5.14 g/t for 453,000 oz.
  • Moroy: 302,000 measured tonnes at 5.66 g/t for 55,000 oz., 3.2 million indicated tonnes at 4.77 g/t for 56,000 oz., and 396,000 inferred tonnes at 4.32 g/t for 55,000 oz.

The Gladiator and Barry deposits are located on the Urban-Barry property. The Moroy deposit is located on the property of the former Bachelor gold mine and includes the Urban-Barry mill where all ore would be processed.

The mill is undergoing an expansion to 2,400 t/d by the second half of the year. The existing rod and ball mills and the 12-metre thickener are being removed. In their places, a SAG mill, two new ball mills, a gravity circuit, a 23-metre thickener, and five leaching tanks are being installed.

Details of the latest resource estimate are available in the news release of May, 28, 2019, posted at www.BTRgold.com.


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