BonTerra Resources Continues High-Grade Gold Discovery, 600m Vertical Gold Shoots Assaying up to 129g/t

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BonTerra Resources Inc. is encountering quality intercepts (assaying up to 129 g/t gold) as it tracks and expands mineralized gold zones at its flagship Eastern Extension gold property in Quebec -- Mining MarketWatch Journal review.

BonTerra Resources Inc. is the subject of a Mining MarketWatch Journal review offering insight and opportunity afforded investors as BonTerra is encountering quality intercepts (assaying up to 129 g/t gold) as it tracks and expands mineralized gold zones at its flagship Eastern Extension gold property in Quebec and is ripe for continued high grade discovery of significance. BonTerra is preparing to create a first resource calculation on its Eastern Extension deposit and has identified targets for its winter drill program that Mining MarketWatch Journal believes positions shares of BonTerra for significant upside revaluation offering exceptional opportunity for investors seeking serious strong growth prospects in precious metals in a safe mining-friendly jurisdiction.

The full Journal review may be found at http://miningmarketwatch.net/BTR.htm online.

BonTerra Resources is tracking and expanding mineralized gold zones at its flagship Eastern Extension gold property in Quebec and is ripe for continued high grade discovery of significance. BonTerra continues to encounter quality intercepts, successfully hitting on every drill hole to date, encountering high-grade 600m vertical gold shoots with veins assaying up to 129 g/t gold and building sizeable tonnage along increasing strike. The gold bearing rock is characterized by often visible gold with some samples containing over 100 grains. With nearly 24,000m drilled to date on the property, 107 diamond drill holes, the mineralized strike length of the Eastern Extension gold deposit sits at ~1/2 km and there is clear potential to double the strike to 1km with the upcoming Q4 2011 drill program. The winter drill program will target gold mineralization to the southwest under the shallow (~8 feet deep) lake via ice drilling where the geophysics strongly suggest and recent drilling indicate the gold trend to be headed. The magnetic high anomaly (which guided the successful summer drill program) grows stronger and is largest under the lake. Former prospectors on the property had always said "the mine is under the lake" but never tested it. BonTerra has drilled from surface at the foot of the lake encountering quality and is now ripe for continued high grade discovery. Final assay results from the last round of drilling are expected soon.
 
BonTerra will also turn its attention to creating a first resource calculation on the Eastern Extension deposit, expected by year end; Mining MarketWatch Journal projects a possible 1/2 million+ ounces inferred. An excellent start that should add to the intrinsic value of the company and reflect in more resilient share price. An ounce in the ground in stable mining-friendly Quebec is worth more than an ounce in the ground in less desirable regions of the planet -- applying a rule of thumb of $60 - $100 an ounce for inferred gold in the ground would revalue the market cap of BonTerra higher. This would only be a start as with further drilling geologists believe the project is a readily achievable 2+ million ounce gold target. BonTerra is looking to trace high-grade gold shoots to 600 vertical meters and increase the size of the property up dip, down dip and in new parallel mineralized corridors. BonTerra's neighbors Metanor Resources (Barry deposit) and Eagle-Hill (Windfall deposit) are all part of the same geological system and have deposits which have been described by SGS Geostat as comparable in potential to rival multi-million ounce deposits of Osisko (10.7M oz Malartic deposit) & Detour Lake (11.4M oz Detour deposit), the same appears to apply to BonTerra now as well.
 
With only ~72M shares outstanding and trading under C$0.35 BonTerra is poised for significant upside revaluation to better reflect the inherent value and immense gold potential. Investors should look to establishing a long position in BonTerra prior to the resource calculation and winter drill program as the indicators are strong and favorable for the planned southwest target under the lake. The lake target appears to hold the potential to act as the type of catalyst that James West (regular guest on BNN, contributing commentator to a host of mining publications, and recent CNBC Fast Money discussion panel member) was referring to when he discussed select junior miners with multiple return potential and identified BonTerra Resources Inc. as one of the best vehicles for investors seeking serious strong growth prospects.
 
The full Journal review may be found at http://miningmarketwatch.net/BTR.htm online.
 
This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.

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James O'Rourke
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