BonTerra Resources Inc. is pleased to announce that it has executed an agreement with Equity Exploration Consultants Ltd. ("Equity") concerning work to be undertaken by Equity on the Willoughby Project. The contemplated work program will consist of geological mapping, prospecting, and approximately 1500 metres of diamond drilling on BonTerra's Willoughby property.
The Willoughby project, located in the Stewart area of northwestern British Columbia, hosts significant gold mineralization in several structurally controlled, sulphide-replacement zones and is located just 7 kilometres from the Red Mountain gold deposit. The Willoughby property is located within a well mineralized trend of the Hazelton Group volcanic rocks in the Stewart-Iskut-Eskay Creek gold district. Highlights of historical drilling on the property include:
-- 11.7 m grading 39.8 gpt gold in hole 94-15
-- 12.2 m grading 10.8 gpt gold, including 3.0 m grading 32.9 gpt gold in
-- 2.9 m grading 398 gpt gold in hole 95-36
-- 5.9 m grading 16.2 gpt gold in hole 95-51
-- 13.0 m grading 13.3 gpt gold, including 3.0 m grading 31.1 gpt gold in
An airborne magnetic and time domain EM survey contracted by BTR in 2007 detected the mineralized zones and indicated extensions 700 metres to the southeast. A 1500 metre drilling program is proposed to further test the known mineralized zones and also the airborne anomalies to the southeast. Prior to drilling, geological mapping and prospecting will be done to refine the geological model for the property and ground truth the airborne EM targets.
Permitting for the Willoughby project is currently being completed. It is anticipated that field work on the project will start in the second half of July.
Equity Exploration Consultants Ltd. is a leading geological and project management consulting company offering services to the exploration industry since 1987. Based in Vancouver, BC, Equity has worked world wide but specializes in executing exploration programs in the Cordillera region of North America.