Val-d'Or, Quebec--(Newsfile Corp. - November 30, 2023) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to report it has recovered and sold 1,346.5 ounces of gold in total, generating gross revenue of C$3.6 million (including the first gold sale announced on August 9, 2023) from the Bachelor Mill cleanup process. The costs associated with the sales, which include gold recovery efforts, shipment, royalty payments and refining represent a total of C$0.9 million for a net revenue of C$2.7 million.
Marc-André Pelletier, President and CEO, commented: "Following the receipt of an additional C$4 million from the recent transaction with Osisko Mining and the abovementioned gold sales, the Company should now have enough funds to complete this year's 15,000 meters drill campaign at our 100%-owned Desmaraisville properties. see & read more on
https://www.newsfilecorp.com/release/189123/Bonterra-Resources-Announces-Final-Gold-Sale-from-its-Bachelor-Mill-Cleanup |