Bonterra Resources (TSE:BTR) has released an update.
Bonterra Resources Inc. has reported promising initial drill results from the Moss target area in their Phoenix JV project with Osisko Mining, indicating geological similarities to the high-grade Lynx Zone near the significant Windfall Gold deposit. With over 20,000 meters already drilled and plans to increase the number of operational rigs, the company is on track to fulfill its minimum spending commitment and is optimistic about the potential to add to the nearly ten million ounces of gold already identified in the Urban-Barry mining camp.
For further insights into TSE:BTR stock, check out TipRanks’ Stock Analysis page.