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BonTerra Resources Hits New Yr High for second successive day on heavy trade

BonTerra Resources Inc (BTR.V) is adding to yesterday's strong showing. It is up another 23% and has hit another new year high - this time of 35.5 cents - today on heavy trade. More than 4.4 million shares have changed hands.

This time yesterday the stock was up 15% and had hit a then year high 33 cents with more than 8 million shares traded.

BTR on November 8 announced that it has entered into an option agreement with an arm's length vendor to acquire a 100% interest in a property package. The property is composed of 37 claims totaling 2,094 hectares. These new claims are on strike with Glen Eagle Resources Nubar Deposit (current estimated resource of 564,000 tonnes at 6.2 grams per tonne gold). Historic government magnetic data shows a large magnetic anomaly which runs in the same parallel NE-SW trend as seen on both the Urban Barry and the Eastern extension properties. The new claims are also southwest of Metanor's claim group which hosts the NI 43-101 compliant Barry Deposit (269,000 tonnes @ 4.10g/t gold indicated & 450,000 tonnes @ 4.68 g/t gold inferred). Metanor recently announced the commencement of a 25,000 metre drill program.

Also, Mining MarketWatch Journal has reportedly published a review of BonTerra offering insight and opportunity afforded investors as BTR.V has encountered two high grade drill intercepts ~20 metres apart on its Eastern Extension property which is ideally situated in the new and rapidly developing mining camp of the Urban-Barry Segment of the Abitibi Greenstone Belt located ~170km NE of Val-d'Or in Quebec.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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