Bonterra Resources is pleased to announce that it has entered into an agreement with Cormark Securities Inc. to act as sole agent in connection with a "best efforts" private placement of a minimum of 17,647,100 units of the Company and a maximum of 29,411,764 Units at a price of $0.17 per Unit for minimum gross proceeds of $3,000,007 and maximum gross proceeds of $5,000,000, pursuant to the listed issuer financing [...]
Bonterra Resources is pleased to report that the Bachelor Mill cleanup process has recovered 630 oz of gold to date generating revenue of CAN$1.6 million. Gold recovery efforts continue at the mill and the Company expects additional revenue in the coming months. Marc-André Pelletier, President and CEO commented: "I would like to thank Bonterra's employees that are diligently working on the Bachelor Mill cleanup [...]
Bonterra Resources provides the following update on the forest fires situation in the Eeyou Istchee James Bay territory, where the Company's projects and processing infrastructure are located. The Ministère des Ressources Naturelles et des Forêts has authorized access to the forests and roads, consequently, exploration activities can restart. The Company will resume its activities gradually while following all guidelines [...]
Bonterra Resources announces election results of its 2023 annual general meeting held on June 14, 2023, representing its fiscal year ended 2022. Bonterra is pleased to announce that shareholders have approved all matters voted on at the 2023 AGM, including: to set the number of Directors at six; to re-elect Messrs. Cesar Gonzalez, Marc-André Pelletier, Normand Champigny, Matthew Happyjack, Akiba Leisman and Peter O'Malley [...]
Bonterra Resources Inc. provides the following update on the forest fires in the Abitibi, and Eeyou Istchee James Bay, where the Company's projects and infrastructures are located. With the wildfires that are active in a large part of Quebec, particularly near the city of Lebel-sur-Quévillon, the Ministère des Ressources naturelles et des Forêts has modified the ban of forest access on Crown land and closure of roads [...]
Bonterra Resources Inc. is pleased to announce more results from the now completed infill and expansion drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate. The primary goal of this campaign was to convert mineral resources to a higher confidence [...]
Bonterra Resources Inc. announces the grant of incentive stock options to acquire a total of 1,770,000 common shares of the Company to various employees, officers, and directors of the Company pursuant to the Company's stock option plan and subject to any regulatory approval. Each stock option, vests immediately and is exercisable at a price of $0.345 per share for a period of five years from the grant date. About [...]
Bonterra Resources Inc. congratulates Osisko Mining Inc. and Gold Fields Ltd. on their recent joint venture agreement announcement for the Windfall gold project in Quebec, Canada. The 50/50 joint venture represents a significant investment of C$1.2 billion and will bring together the mine building and operating experience of a senior gold producer with the potential of a promising gold project . The Windfall gold project [...]
Bonterra Resources Inc. is pleased to announce more results from the now completed infill and expansion drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate. The primary goal of this campaign was to convert mineral resources to a higher confidence [...]
Bonterra Resources Inc. is pleased to announce more results from the now completed infill drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate . The primary goal of this campaign was to convert mineral resources to a higher confidence category and [...]
Bonterra Resources Inc. a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in northern Quebec, provides the following operational updates: Inflation and further Cost Saving Initiatives In response to the challenging inflationary pressures related to project development, specifically in northern Quebec, the Company continues to significantly [...]
Bonterra Resources Inc. is pleased to announce more results from the ongoing infill drilling campaign at the Barry underground project. The Company commenced a 125,000 metres drill program at the Barry underground deposit last August, which contains 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources, as stated in the last mineral resource estimate . To date [...]