Author: Admin

Val-d’Or, QC – November 5, 2020 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce the following results from the ongoing drilling campaign at the Gladiator project. The results include several intersections, including 15.6 g/t Au over 1.6 metres (“m”) in hole BA-20-20, 10.5 g/t Au over 1.1 m in hole BA-20-04, 12.7 g/t Au over 1.0 m in hole BA-20-12, 10.2 g/t Au over 1.8 m in hole BA-20-13, 40.5 g/t Au over 0.5 m in hole BA-20-17 and 7.8 g/t Au over 3.0 m in hole BA-20-18A.

The 2020 drilling campaign at Gladiator resumed on July 23, 2020 with two drills in operation, one on a barge on Lake Barry and the other on land near the Gladiator deposit. Since July 23, 2020, the Company has drilled 22 holes representing a total of 7,559 m of a planned 16,000 m for the Gladiator regional area. Results from 19 holes have been received since the press release on April 24, 2020. Results from the remaining drilled holes are pending (Figure 1).

The Gladiator deposit consists of three primary zones; the North, Main and Barbeau Zones. The North and the Main Zone are characterized by mineralized quartz veins hosted within steeply south-southeast dipping shear zones having developed at the contacts of gabbroic and felsic dykes with mafic to intermediate volcanic rocks. The Barbeau Zone consists of quartz vein mineralization hosted by a shear zone dipping moderately to the north and correlates with an offset of the gabbroic and felsic dykes. Several secondary mineralized zones called “North Dippers” have been interpreted with orientations similar to the Barbeau Zone, moderately to steeply dipping north. A series of mineralized zones associated with felsic dykes are referred to as North Corridor, Footwall and South Zones and are interpreted to occur with similar orientations to the North and Main Zones dipping south-southeast (Figures 1 and 4).

Pascal Hamelin, Interim CEO and VP, Operations commented: “These latest drill results are very encouraging, and demonstrate the continuity of the Main and North Zones. The addition of a series of interpreted north-dipping zones to the Main and North Zones further enhances our understanding of the Gladiator deposit.”

The following table shows the significant intersections of the drill holes presented in this press release.

Notes:

1) The meterage represents the length of the drilled lengths.

2) Estimated true widths for the interpreted Main, North, South and Footwall Zones range from at least 50% to 90% of the interval core length. The estimated true widths of the North Dipper, Barbeau and North Corridor Zones are unknown.

3) The mineralized intervals listed are above 0.5 g/t Au.

Figure 1 – Gladiator Project – Drill Hole Location Map

Ten holes intersected the Main Zone and filled the gap in the drilling pattern (BA-20-04; 06; 10; 11; 12; 14; 16; 17; 18A; 20). Highlights include 15.6 g/t Au over 1.6 m in hole BA-20-20, 2.7 g/t Au over 10.2 m, including 13.7 over 0.7 m in hole BA-20-11 and 10.5 g/t Au over 1.1 m in hole BA-20-04 (Figure 2).

Figure 2 – Main Zone Longitudinal Section

Seven holes (BA-20-08; 09; 13; 14; 17;18A; 20) were drilled to target the North Zone extension following very encouraging results from holes BA-20-05 and BA-20-07 drilled during the winter (See press releases April 2, 2020 and April 24, 2020). Best results included 2.9 g/t Au over 6.6 m, including 10.2 g/t Au over 1.8 m and 2.9 g/t Au over 5.5m, including 11.6 g/t Au over 1.0 m in hole BA-20-13.

Figure 3 – North Zone Longitudinal Section

Several newly modelled north dipping zones (“North Dippers”) were intersected by the ongoing drilling program, of which the best intervals returned: 12.7 g/t Au over 1.0 m in BA-20-12, 40.5 g/t Au over 0.5 m in hole BA-20-17, 30.3 g/t Au over 0.7 m in hole BA-20-18A and 8.0 g/t Au over 1.3 m, including 19.0 g/t Au over 0.5 m in hole BA-20-19 (Figure 4).

Figure 4 – Gladiator Project – Composite Cross Section

Quality control and reporting protocols

The Gladiator project’s drill core gold analysis is performed at the Bachelor Mine Analysis Laboratory. The Company employs a rigorous QA-QC analysis program that meets industry standards. The analytical results are carried out by fire assay (A.A.) in the mine laboratory. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. The Company’s QA-QC analytical verification program requires that at least 10% of samples be audited in an independent laboratory. These verification sample were sent to the ALS laboratory located in Val-d’Or, Quebec. The results of the audits are consistent with those obtained.

Qualified persons

Boris Artinian, P.Geo., Chief Geologist of the Company oversees all exploration activities on the Gladiator Project. Mr. Artinian is a qualified person as defined by National Instrument 43-101 (“NI-43-101”). Marc Ducharme, P.Geo. and Bonterra’s Principal Geologist, approved the information contained in this press release. Mr. Ducharme is a Qualified Person as defined by NI 43-101.

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com

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.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” that is based on Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. This forward-looking information includes namely, information with respect to the planned exploration programs and the potential growth in mineral resources. Exploration results that include drill results on wide spacings may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. The potential quantities and grades of drilling targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information.

Val-d’Or, QC – October 21, 2020 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce the following results from the ongoing drilling campaign at the Barry project. The results include several intersections, including 34.5 g/t Au over 2.7 metres (“m”) in hole MB-20-286, 5.4 g/t Au over 2.55 m in hole MB-20-285, 4.5 g/t Au over 1.7 m in hole MB-20-284, and 6.9 g/t Au over 0.8 m in hole MB-20-281.

The 2020 drilling campaign at Barry resumed on July 23, 2020 with two drills in operation, one on a barge on Lake Limpide and the other on dry land near the deposit. Since July 23, 2020, the Company has drilled 37 holes representing a total of 13,002 m of a planned 20,000 m. Results from 19 holes have been received. Results from the remaining 18 drilled holes are pending.

This press release presents results from 12 holes received since the press release dated September 22, 2020, which presented results from the first seven holes.

Pascal Hamelin, Interim CEO and VP, Operations commented: “These results are very promising as all drill holes were testing the western extension of the existing resource. The western extension at Barry has been identified by Bonterra as a prospective area to confirm existing inferred resources and add new resources, and the results to date are confirming this view.”

The following table shows the significant intersections of the drill holes presented in this press release.

Six infill-holes were drilled (MB-20-278; 280; 282; 284 to 286) which confirm the western mineral continuity within the 2019 Barry inferred resource. Three of these holes (MB-20-284 to 286), located northwest of the current 2019 Barry resource, have returned significant grades in this sector with 34.5 g/t Au over 2.7 m in hole MB-20-286 for the H13 zone, while the 1000 zone was intersected with 5.4 g/t Au over 2.55 m in hole MB-20-285 and 4.5 g/t Au over 1.7 m in hole MB-20-284.

Four holes (MB-20-279; 281; 283 and 288) were drilled on Lake Limpide from a barge. Hole MB-20-281 intersected a value of 6.9 g/t Au over 0.8 m, which is located along the western extension of the Barry deposit under Lake Limpide.

Quality control and reporting protocols

The Barry project’s drill core gold analysis is performed at the Bachelor Mine Analysis Laboratory. The Company employs a rigorous QA-QC analysis program that meets industry standards. The analytical results were carried out by fire assay (A.A.) in the mine laboratory. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. The Company’s QA-QC analytical verification program requires that at least 10% of samples be audited in an independent laboratory. These verification tests were sent to the ALS laboratory located in Val-d’Or, Quebec. The results of the audits are consistent with those obtained.

Qualified persons

Sabrina Bernard, P.Geo., Chief Geologist of the Company oversees all exploration activities on the Barry Project. Ms. Bernard is a qualified person as defined by National Instrument 43-101 (“NI-43-101”). Marc Ducharme, P.Geo. and Bonterra’s Principal Geologist, approved the information contained in this press release. Mr. Ducharme is a Qualified Person as defined by NI 43-101.

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com

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.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” that is based on Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. This forward-looking information includes namely, information with respect to the planned exploration programs and the potential growth in mineral resources. Exploration results that include drill results on wide spacings may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. The potential quantities and grades of drilling targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information.

Val-d’Or, QC – September 30, 2020 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce very encouraging results from the surface exploration campaign on its recently acquired Panache property. In March 2019, the Company acquired the Panache property consisting of 1 claim which features a historic gold showing grading 21.9 g/t Au over 0.4 metres (“m”). (figures 1 and 2).

The Panache property is located north of the Urban Barry greenstone belt along the Urban deformation corridor (figure 2). The Gladiator and Barry projects are located 20 kilometres (“km”) southeast and 13 km south of the Panache property respectively (figure 1).

In the summer of 2020, Bonterra mechanically stripped a high-grade gold quartz vein, known as the Boudreault Vein outcrop located 135 m northeast of the Panache Showing (figure 3). The northwest-southeast oriented vein, ranging in width from 20 centimeters to 1.5 m, was stripped over a length of 60 m (figure 4). There were 20 grab samples collected, of which 17 samples were taken from the vein itself (figure 4). The grades of the 17 samples taken directly from the vein range from 1.1 g/t Au to 79.2 g/t Au, with 8 samples with grades greater than 10 g/t Au (figure 4). Following these results, the 5 channels spaced about 10 m apart were taken from the stripped area (figure 4). A total of 48 channel samples from 0.4 m to 1.5 m in length were collected for a total length sampled of 33.2 m. The best result was 18.6 g/t Au over 1 m from channel 4. The outcropping vein has a sub-vertical dip, thus the reported thicknesses is equal to the true thicknesses.

The newly discovered vein is contained in a narrow shear zone of 1 m to 2 m wide intersecting mafic rocks of the Urban Formation (figure 4). The average shear orientation is N290. The vein is composed of saccharoidal quartz and contains traces of sulphides. Very fine visible gold is observed in a quartz matrix. Numerous drag-folds are observed on the vein with hinges dipping 70 degrees to the southeast parallel with the observed stretching lineations. Quartzofeldspathic porphyritic intrusions of decimetric size oriented parallel to the east-west regional fabric locally intersect the shear (figure 4). This geological context is identical to that of the Panache Showing located 135 m southwest of the new discovery vein.

In July 2020, Bonterra commissioned Prospectair to conduct a high definition airborne magnetic survey on the Panache and Thubière properties. The Thubière property is located 5.5 km east of the Lake Thubière northeast showing which returned a drilling result of 13.7 g/t Au over 1.2 m (figure 2).

The Company plans to drill a minimum of 1,500 m on the Panache property with the primary objective of exploring the lateral and depth continuity of the Panache showing and the newly discovered high-grade gold quartz vein. The drill program will also test the possibility of finding other parallel veins based in particular on the interpretation of the airborne magnetic survey. The relationship between the discovered vein and the east-northeast and west-southwest oriented Urban deformation corridor will also be assessed.

Pascal Hamelin, Interim CEO and VP, Operations commented: “These very encouraging results in this newly explored area of the Urban Barry belt support the assumption that this region’s gold potential is high. This bodes well for Bonterra with over 38,000 hectares in the region.”

Quality control and reporting protocols

The Panache claims gold analysis is performed at the Bachelor Mine Analysis Laboratory. The analytical results were carried out by fire assay (A.A.) in the mine laboratory. The Company’s QA-QC analytical verification program requires that at least 10% of samples be audited in an independent laboratory. These verification tests were sent to the ALS laboratory located in Val-d’Or, Quebec. The results of the audits are consistent with those obtained.

Qualified persons

Boris Artinian, P.Geo., Chief Geologist of the Company oversees all exploration activities on the Panache Claims. Mr. Artinian is a qualified person as defined by National Instrument 43-101 (“NI-43-101”). Marc Ducharme, P.Geo. and Bonterra’s Principal Geologist, approved the information contained in this press release. Mr. Ducharme is a Qualified Person as defined by NI 43-101.

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com

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.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” that is based on Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. This forward-looking information includes namely, information with respect to the planned exploration programs and the potential growth in mineral resources. Exploration results that include drill results on wide spacings may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. The potential quantities and grades of drilling targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information.

Val-d’Or, QC – September 22, 2020 – Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce the initial results of the ongoing drilling campaign on the Barry project. The results include several intersections, including 5.6 g/t Au over 4 metres (“m”) in hole MB-20-269, 4.3 g/t Au over 4.2 m and 8.9 g/t Au over 0.5 m in hole MB-20-271, and 6.0 g/t Au over 1.8 m in hole MB-20-275.

The 2020 drilling campaign began on January 6, 2020 and was suspended on March 17, 2020 due to the COVID-19 pandemic. This campaign resumed on July 23, 2020 with two drills currently in operation, one on a barge on Lac Limpide and the other on dry land near the Barry deposit.

From January 6 to March 17, 2020, 26 drill holes were drilled for a total of 10,662 m. Analyses were pending for several drill holes. Some of the results of those holes were announced in a press release dated April 1, 2020, but were incomplete.

Since July 23, 2020, the Company has drilled 20 additional holes representing a total of 6,400 m. Results from seven holes are complete, some results from eight drill holes are still pending, and drill core samples from five drill holes have yet to be analyzed.

This release presents the results from the drill holes not released prior or with pending results prior to the suspension of drilling related to the COVID-19 pandemic as well as the drill holes of the current campaign analyzed to date.

Pascal Hamelin, Interim CEO and VP, Operations commented: “I am very pleased to see these very encouraging results to the west of the Barry deposit this early in the drilling campaign. It bodes well for the rest of the campaign and ultimately for the potential to add mineral resources in the next resource update.”

The 20,000 m drilling campaign on the Barry project is designed to:
1) Develop the western and eastern extensions of the Barry deposit on land;
2) Perform infill drilling between intervals greater than 100 m around the deposit, as outlined by the 2019 resource estimate; and
3) Explore a magnetic anomaly under Lac Limpide west and north of the deposit.

Eight drill holes (MB-20-260; 262; 265; 269; 271 to 273 and 275) were drilled in the western part of the Barry deposit, in the area of hole MB-20-250 (7.35g/t Au over 8.35 m) to determine the extent of the zones of the deposit to the west of the deposit. The results of these drill holes indicate that the zones extend to the west at least an additional 500 m. These holes have made it possible to verify the continuity of zones H1, H2 and H15.

Five drill holes (MB-20-263; 267; 270; 274 and 277) were drilled on Lac Limpide from an ice drill pad (263; 267 and 270) and on a barge for drill holes 274 and 277. Hole MB-20-270 had to be abandoned following suspension of drilling due to the COVID-19 pandemic. However, holes MB-20-267 and 274 have confirmed the continuity of the H1 zone.

Five holes (MB-20-257; 261; 266; 268 and 278) were drilled for infill purposes between the 2019 inferred resource. Two holes (266 and 268) are located northwest of the 2019 resource and the other three holes (257; 261 and 278) are located to the south of the resource.

Hole MB-20-266 has intercepted zone 950 with a value of 4.31 g/t Au over 0.8 m. Drill hole MB-20-268 confirmed the continuity of zone 1000 with 5.41 g/t Au over 1.1 m.

The three holes south of the Barry deposit intercepted zones between the H1 and 800 zones in porphyry intrusions and often in basalt shear zones in contact with these intrusions. Significant drill intersections include MB-20-257 with 2.1 g/t Au over 4.8 m and MB-20-278 with 3.8 g/t Au over 0.6 m.

Quality control and reporting protocols

The Barry project’s drill core gold analysis is performed at the Bachelor Mine Analysis Laboratory. The Company employs a rigorous QA-QC analysis program that meets industry standards. The analytical results were carried out by fire assay (A.A.) in the mine laboratory. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. The Company’s QA-QC analytical verification program requires that at least 10% of samples be audited in an independent laboratory. These verification tests were sent to the ALS laboratory located in Val-d’Or, Quebec. The results of the audits are consistent with those obtained.

Qualified persons

Sabrina Bernard, P.Geo., Chief Geologist of the Company oversees all exploration activities on the Barry Project. Ms. Bernard is a qualified person as defined by National Instrument 43-101 (“NI-43-101”). Marc Ducharme, P.Geo. and Bonterra’s Principal Geologist, approved the information contained in this press release. Mr. Ducharme is a Qualified Person as defined by NI 43-101.

Open the PDF to view the tables and graphs.

Upcoming Events

Webinar – September 24, 2020 at 11:00 am EST hosted by Adelaide Capital. Registration link:
https://us02web.zoom.us/webinar/register/WN_laVZ3mNXQE6Hy_9uKA9aDA

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com

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.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” that is based on Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. This forward-looking information includes namely, information with respect to the planned exploration programs and the potential growth in mineral resources. Exploration results that include drill results on wide spacings may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. The potential quantities and grades of drilling targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information.

Val-d’Or, QC – September 15, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX:BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce it has started processing material at the Bachelor Mill.

In July 2020, the Company resumed mining of its 10,000 tonne bulk sample at the Moroy Project. The Moroy project is 900 metres south of the old Bachelor Mine, and the Company uses the underground infrastructure of the Bachelor Mine to access the Moroy Project. In August 2020, the Company emptied the old material inventory in the underground muck handling circuit to make room for the material coming from the bulk sample at Moroy. The old material was stockpiled in the silos, and on the ore pad on surface. On September 8, 2020, Bonterra began to process the material stored on surface from the old Bachelor Mine and will continue to process the old material until September 21, 2020.

On September 29, 2020, the Company plans to start processing the material from the bulk sample at Moroy and expects to complete the bulk sample around the end of October 2020. An independent consulting engineering firm is supervising the processing of the bulk sample at the Bachelor Mill. The consulting firm will produce a report after the bulk sample is completed. The company will publish the report once available, and it will be incorporated into an eventual preliminary economic assessment.

The bulk sample program at the Moroy project is being undertaken in order to verify the grade continuity within the mineralized structure and reconcile the resource grade to the recovered ounces following processing. The bulk sample is focused on the M1 shear zone on level 11, which is 440 metres (“m”) below surface. The M1 structure is sub-vertical and the company plans to extract it via a sub-level long-hole stoping method at 15 m intervals.

Exploration update

In July 2020, the Company announced the beginning of a 56,000 m drill campaign. The Company ramped up the campaign during July and August 2020, and now has seven diamond drill rigs fully staffed active on the projects. There are now six drill rigs between the Moroy, Barry, and Gladiator projects. The seventh drill rig is targeting potential sectors in the Desmaraisville camp just outside the Bachelor/Moroy area. The Company will add an eighth drill rig on regional targets in the Urban-Barry camp before the end of September 2020.

Pascal Hamelin, Interim CEO and VP, Operations commented: “I’m very happy to see that we have safely ramped up the rigs from zero to seven rigs in 6 weeks. With the selective assaying of the material from the bulk sample expected to be completed by the end of this month, we will be able to switch our assay lab’s focus to our cut drill core assay backlog and release those results when available.”

Qualified Person

Francis Lefebvre, P.Geo and Assistant manager for the Company supervises all the activities on the Moroy project. Mr. Lefebvre is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI-43-101”). Pascal Hamelin, P.Eng., has approved the information contained in this release. Mr. Hamelin is a Qualified Person as defined by NI-43-101.

Upcoming Events

Gold Forums America, Virtual Conference – September 20 – 23, 2020
Presentation Webcast: September 20, 2020 at 1:50 pm EST
Registration link: https://www.denvergold.org/investor-qualification/

Webinar – September 24, 2020 at 11:00 am EST hosted by Adelaide Capital. Registration link:
https://us02web.zoom.us/webinar/register/WN_laVZ3mNXQE6Hy_9uKA9aDA

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8678 | Website: www.btrgold.com

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.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” that is based on Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. This forward-looking information includes namely, information with respect to the planned exploration programs and the potential growth in mineral resources. Exploration results that include drill results on wide spacings may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. The potential quantities and grades of drilling targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information.

Val-d’Or, QC – September 1, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce that it has retained Adelaide Capital (“Adelaide”) to provide investor relations consulting services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (“TSXV”).

Under the terms of the agreement, Adelaide will receive $8,000 per month. The agreement is effective September 1, 2020 and will continue for a period of at least 4 months. There are no performance factors contained in the agreement. In addition, under the agreement, the Company today granted 35,000 inventive stock options (the “Options”) to Adelaide under the Company’s stock option plan (the “Stock Option Plan”). Subject to the policies of the TSXV and the terms and conditions of the Stock Option Plan, the Options have an exercise price of $1.54 and expire two years from the date of issuance and vest 8,750 on September 1, 2020, 8,750 on December 1, 2020, 8,750 on March 1, 2021 and 8,750 on September 1, 2021. All options when exercised will be subject to a statutory hold period of four months and one day from the date of issuance of the options. The entering into of the agreement and the grant of the Options thereunder are still subject to the approval of the TSXV.

Adelaide is a full-service investor relations firm that brings a unique perspective and a re-engineered investor relations business model. Adelaide will work with Bonterra’s management team to develop and deploy a comprehensive capital markets program, which includes assisting with non-deal roadshows, virtual campaigns, conferences and assisting with investor communication. Adelaide and the Company are unrelated and unaffiliated entities. Adelaide is principally owned by Deborah Honig.

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP, Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8676 | Website: www.bonterraresources.com

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.

Val-d’Or, QC – August 20, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) announces that Christina Ouellette has resigned as a Director of the Company, effective immediately. The Board of Directors thanks Mrs. Ouellette for her dedicated service to Bonterra and wishes her well in her retirement.

In addition, Bonterra is pleased to announce the appointment of Jean Rainville as an independent non-executive Director of the Company, effective immediately. Mr. Rainville has over 40 years of experience in the mining industry and financial markets. From 2008, his principal occupation was President and CEO of Blackrock Metals Inc. In 2018, Mr. Rainville ceased to serve as CEO, while retaining his position as President until late 2019, at which time he became a consultant. Previously, Mr. Rainville worked as an engineer, a fund manager and a director of corporate finance and has also served as a director or advisor for several public companies. He holds bachelor’s degrees in Mining Engineering and Commerce, both from McGill University.

Cesar Gonzalez, Chairman of Bonterra commented: “The addition of Jean Rainville as an independent non-executive Director is another positive milestone in the restructuring of Bonterra. Jean’s extensive experience in the mining industry, especially in Quebec, will prove invaluable. We have now completed the reconstitution of our Board of Directors and look forward to focusing our attention on the exploration and development of the Company’s assets.”

In connection with Mr. Rainville’s appointment to the Board of Directors, Bonterra granted him incentive stock options to acquire a total of 300,000 common shares of the Company pursuant to he Company’s stock option plan and subject to any regulatory approval. Each stock option, vests immediately and is exercisable at a price of $1.54 per share for a period of five years from the grant date.

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP, Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8676 | Website: www.bonterraresources.com

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.

Val-d’Or, QC – July 30, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce an increase of 5,000 tonnes to its now 10,000 tonnes bulk sample currently underway at the Moroy Project.

In December 2019, the Ministry of Energy and Natural Resources (“MERN”) gave approval to extract 5,000 tonnes of mineralized material from the Moroy zone. This week, the MERN authorized an additional 5,000 tonnes, bringing the total to 10,000 tonnes to be extracted in the Moroy zone bulk sample program. Bonterra requested this increase following initial long-hole drilling results indicating the mineralized zone was thicker than initially expected.

The bulk sample program at the Moroy project is being undertaken in order to verify the grade continuity within the mineralized structure and reconcile the resource grade to the recovered ounces following processing.

The bulk sample is focused on the M1 shear zone on level 11, 440 metres (“m”) below surface. The plan is to mine the zone from an existing exploration drift starting from the Bachelor shaft 900 m to the north of the Moroy zone. The M1 structure is sub-vertical and the company plans to extract it via a sub-level long-hole stoping method at 15 m intervals.

The company began the bulk sample program in January with long-hole drilling. Drilling was underway when Bonterra ceased all activities due to the advent of the Covid-19 global pandemic. Work officially resumed on July 15th, with blasting set to begin in the next few days. The broken material will be transported on level 11 to the Bachelor shaft. Once at surface, the mineralized material will be processed onsite at the Bachelor mill under the supervision of a third-party engineering firm. The results of the completed bulk sample program are expected to be announced in Q4 2020.

Qualified Person

Pascal Hamelin, P.Eng. Interim CEO, has approved the information contained in this release. Mr. Hamelin is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI-43-101”).

FOR ADDITIONAL INFORMATION:

Pascal Hamelin, Interim CEO and VP Operations
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8676 | Website: www.bonterraresources.com

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.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” that is based on Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. This forward-looking information includes namely, information with respect to the planned exploration programs and the potential growth in mineral resources. Exploration results that include drill results on wide spacings may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. The potential quantities and grades of drilling targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information.

Val-d’Or, QC – July 14, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) is pleased to announce that the Company has resumed its 2020 drill program this week at the Moroy, Gladiator and Barry projects that were previously suspended on March 17, 2020 due to the Covid-19 global pandemic. The current program consists of eight drill rigs including five land drill rigs, two barge drill rigs at Barry and Gladiator and one underground drill rig at Moroy.

An additional 56,000 meters (“m”) of drilling is planned for the remainder of 2020, which includes 20,000 m of surface and underground drilling at Moroy, 16,000 m at Gladiator and 20,000 m at Barry. Drilling activities and related exploration work will resume progressively while implementing the Company’s government approved Covid-19 health and safety protocols to protect its workers and the surrounding communities near the projects.

Exploration Objectives

The Company’s objective for the H2 2020 drill program is a balanced approach, which includes deposit in-fill drilling, resource expansion drilling and exploration along known deposit and regional trends. The targeted project areas are as follows (see figures 1, 2 and 3):

• Moroy deposit resource expansion
• Bachelor-Moroy regional exploration
• In-fill drilling and resource expansion at Gladiator
• Duke Option property earlier stage exploration and evaluation of the Lac Rouleau target
• In-fill drilling and resource expansion at Barry
• Barry regional exploration (Barry-Bart-Moss trend) and evaluation
• Greenfield early stage targets along cross-regional corridors of structural decompression

The Bachelor assay lab is operational with Covid-19 confinement and health and safety protocols in place on site. The winter 2020 drilling sampling and assaying backlog is expected to be completed by the end of July. The Company continues to develop and update all geological models at the Gladiator, Barry, and Moroy deposits. The extent and timing of future model updates will be dependent on the amount of winter drilling accomplished.

Bonterra recently staked 231 claims near the Bachelor-Moroy sector. This newly added greenfield land package is located north and west of the Bachelor mine. These new areas are underexplored and lie along an east-northeast regional fault trend within a folded complex with several historic gold occurrences to the northeast. A high-resolution airborne magnetic survey is scheduled for this summer to be followed by mapping and prospecting (see figure 4).

The Company continues the work on permitting and engineering for expansion of the Bachelor mill and tailings facility. Geotechnical drilling is scheduled in July to test the soil type under the location of a future dyke. These results will be incorporated into the detailed tailings expansion design. In addition, the Company continues to advance the permitting to develop an exploration decline at the Gladiator project.

Pascal Hamelin, Interim CEO and VP, Operations commented: “We are very excited to resume our exploration activities in the Urban-Barry and the Bachelor camps as we have excellent targets to follow up on. I wish to thank our employees and suppliers for their continuous support and effort in maintaining all our assets in excellent shape for a safe resumption.”

Qualified Persons

Marc Ducharme, P.Geo. and Bonterra’s Principal Geologist has approved the technical information contained in this release. Mr. Ducharme is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Open the PDF to view the tables and graphs.

FOR ADDITIONAL INFORMATION:

Contact: Pascal Hamelin – Interim CEO and VP, Operations or ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8676 | Website: www.bonterraresources.com

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.

Cautionary and Forward-Looking Statements

This press release contains “forward-looking information” that is based on Bonterra’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. This forward-looking information includes namely, information with respect to the planned exploration programs and the potential growth in mineral resources. Exploration results that include drill results on wide spacings may not be indicative of the occurrence of a mineral deposit and such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. The potential quantities and grades of drilling targets are conceptual in nature and, there has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and
development; changes in economic conditions or financial markets, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information.

Val-d’Or, QC – July 7, 2020: Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (the “Company” or “Bonterra”) announces that Allan Folk has resigned as a
Director of the Company, effective immediately. The Board of Directors thanks Mr. Folk for his service to Bonterra and wishes him well in his future endeavours.

In addition, Bonterra is pleased to announce the appointment of Peter O’Malley as an independent non-executive Director of the Company, effective immediately. Mr. O’Malley is an investment banker with 29 years of international experience covering natural resources and technology companies. He has executed over $500 billion in transactions across multiple jurisdictions and disciplines including, but not limited to; mergers and acquisitions, equity and debt financings, convertibles, commodities and liability management. He worked at Credit Suisse First Boston for some 13 years in New York and Johannesburg. He eventually moved to Deutsche Bank and was named Head of Natural Resources Investment Banking Asia-Pacific based in Hong Kong. He lived in Hong Kong for 8-years and has an in depth understanding of China’s role in the natural resources sector and in Africa in particular. He received a BA from Siena College in 1988 and a Juris Doctor from St John’s University School of Law in 1991.

Cesar Gonzalez, Chairman of Bonterra commented: “The addition of Peter O’Malley as an independent non-executive Director is another positive milestone in the ongoing restructuring of the Company. Peter’s extensive experience in mergers and acquisitions globally, especially in Asia, will prove invaluable as Bonterra evaluates all paths forward.”

Lastly, Bonterra announces the grant of incentive stock options to acquire a total of 3,000,000 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 $1.54 per share for a period of five years from the grant date.

FOR ADDITIONAL INFORMATION:

Investor relations: Pascal Hamelin
ir@btrgold.com

2872 Sullivan Road, Suite 2, Val d’Or, Quebec J9P 0B9
819-825-8676 | Website: www.bonterraresources.com

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.