81 81 Page 80 By Gregory Reynolds Bonterra Resources Inc feels 2016 was a banner year for it as two highly prospective gold projects created excitement It has the 7563hectare Gladi ator Project is located in the UrbanBarry Greenstone Belt within the Abitibi Subprovince in Quebec and the Larder Lake Project near the Kirkland Lake Gold Camp in Northeastern Ontario Bonterra has arranged two of ferings to raise 1499 million In March of 2016 Bonterra an nounced that it had entered into an acquisition agreement pur suant which Bonterra acquired a 100 interest in the Larder Lake Property from Kerr Mines Inc and its whollyowned sub sidiary Bear Lake Gold Ltd located in the McV ittie and McGarry T ownships in North eastern Ontario The Larder Lake Property run ning along 9 km of the Cadillac Larder break between Kirkland Lake and V ir giniatown con sists of two historic deposits The Bear Lake Deposit hosts a historic estima te of 3750000 tonnes at 57 gt 683000 oz Inferred The Cheminis De posit contains a historic estimate 201 1 of Indicated 335000 tonnes at 41 gt 43800 oz and Inferred 1391000 tonnes at 52 gt 233400 oz Larder Lake is open at depth with over 100000 metres of historical diamond drilling completed Historical gold production and mine development to 1085 feet with two shafts and under ground workings on site Strategic 2165hectare land position along prolifc Cadil lac Larder Fault Break where over 13 Million ounces of produc tion has been recorded loca ted 7km west of the Kerr Addison Mine which produced 1 1 mil lion ounces of gold Extensive infrastructure and access highway and power Nav Dhaliwa l president and CEO said The acquisition of the Larder Lake Property is key to Bonterra and its shareholders The transactio n elevates Bon terra s position amongst its peers with a signifcant gold resource portfolio contained at the Gladi ator Gold Project and now the Larder Lake Project W e continue to identify key projects within the Abitibi Gold Belt and once again advance our strategy of becoming a signif cant gold exploration company and building value for our share holders I would like to welcome Kerr Mines as a new shareholder of Bonterra Commented Greg Gibson then CEO of Kerr Kerr Mines will continue to ac tively participa te in the Larder Lake Project through its owner ship stake in Bonterra Bonterra continues to demon strate excellent exploration work and commitme nt in the Abitibi Gold Belt of Quebec and now Ontario and are providing excel lent returns to their shareholders This transactio n allows Kerr to continue to focus on our devel opment plans for our Copper stone Mine in Arizona and move Gladiator and Larder Lake Pr ojects become key assets of Bonterra Resour ces Contd on pg 82 Page 81 Y o u r M i n i n g I n d u s t r y S p e c i a l i s t s S e r v i c i n g t h e M i n i n g I n d u s t r y a c r o s s C a n a d a Crew or Extended Cabs Short or Long Box 10 Ply T ires Skid Plates Buggy Whips Fire Extinguishers Flare Kits Long term and short term rentals available For information please email corprentalsdiscountcar com or call 1844310CORP 2677 T R U C K S D E L I V E R E D S I T E R E A D Y 6