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Val D'or, Qeubec - Bonterra Intersects 15.27 g/t Au over 3.39 m and Extends Mineralization at Moroy

Mar 5, 2020

Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (the "Company" or "Bonterra") is pleased to announce that the recently completed drilling has extended the M1 Zone in the Moroy deposit.

Assays have been received for drill holes recently completed on the M1 Zone in the Moroy deposit. The focus of the drilling has been the extension of the M1 Zone mineralization up-plunge using a drill from surface and down-plunge utilizing an underground rig. Highlights include an intersection of 15.27 grams per tonne ("g/t") Au over 3.39 metres ("m") in an up-plunge position and 8.14 g/t Au over an intersection length of 3.61 m extending mineralization down plunge. The new drill intercepts indicate a significant extension of the M1 Zone and, combined with re-interpretation of the existing drilling, supports a zone of demonstrated continuity beyond the limits used for the current resource estimate. Significant intercepts from the recently completed holes within the M1 Zone are contained in the table below. These holes, as well as those drilled on the M1 structure but outside of the plunging zone of mineralisation, are plotted on the long section attached.

The Company is currently completing a bulk sample on the 11th Level in the M1 Zone. The location of the bulk sample is indicated in the long section attached. In addition, the Company is completing selected in fill drilling to support future resource to reserve conversion and mine planning.

Greg Gibson, CEO of Bonterra stated: "We are continuing to advance Moroy towards inclusion in a mine plan and we continue to execute our strategy of advancing resources in other targets at Moroy and our other assets, Barry and Gladiator, to support a long term mine life."

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