Page 61 By Kevin V incent Bonterra Resources is doing its best to live up to that slogan heading into 2019 The company has three deposits in northwestern Quebec including the Gladiator Barry and Moroy Bonterra is utilizing the Urban Barry Mill to service all the projects The company is tar geting a 2400 tonnes per day tpd throughput The mill is the only permitted mill in the region In early December Bonterra an nounced the latest drilling results Bonterra fasttracking multiple gold deposits from the ongoing resource develop ment program at the Gladia tor De posit including intersections of 1 14 gt Au over 25 m north of the deposit and 137 gt Au over 73 m at the Main zone The ongoing resource development program at the Gladiator deposit in cludes defnition expansion and ex ploration drilling Exploration drilling is focused on deposit extension onto the Duke optioned property as the Company is now earning 70 of this ground from Osisko Mining Multiple new highgrade intersection s were discovered north of the deposit ex tending the width of the deposit up to 300 m to the north Capping of the company s great 2018 Bonterra announced the closing of a 218 million private placement through powerhouse gold fnanciers Sprott Capital Sprott acted as lead agent on behalf of a syndicate of agents which included PI Financial Corp Red Cloud Klon dike Strike Inc Canaccord Genuity Corp and Haywood Securities Inc Pursuant to the Ofering Bonterra issued 3443500 common shares of the Company on a fowthrough ba sis at a price of 380 per FT Share and 2646000 common shares of the Company on a nonfowthrough ba sis at a price of 330 per NFT Share By Frank Giorno The development of the Hardrock Gold Project mine near Geraldton Ontario receive d a major boost when Catherine McKenna the Canada s Minister of Environment and Climate Change approved the environmental assessment for the site in December 2018 The multimillion ounce gold mining project is being proposed by a part nership between Greenstone Gold Mines Premier Gold Mines and Cen terra Gold The proposed gold mine will have an ore production capacity of 30000 tonnes per day The Ministers ap proval of the EA is a signifcant mile stone for the Hardrock Project Our engagement with representatives of the local Indigenous communi ties local communities and the vari ous government agencies has been very positive throughout the process and we look forward to continued advancement of the Project stated John Begeman Executive Chairman of Premier Greenstone Gold Mines held mean ingful consultations with Indigenous peoples and had signifcant public input The environmental mitigations proposed in the environmental assess ment documents were based on scien tifc evidence including Indigenous traditional knowledge and an assess ment of greenhouse gas emissions Greenstone Gold Mines GGM a 5050 joint venture between Premier Gold Mines Limited and Centerra Gold Inc has worked closely with federal and provincial authorities since initiating the EA in 2014 Much of the technical work and consultation carried out prior to the submission of the fnal EA helped to facilitate the timely approval of the federal EA The Project now awaits the Ontario government s environmental assess ment approval expected in Q1 2019 W ork on construction permit applica tions are well advanced and will be submitted for review once the federal EA and provincial EA s are approved A Defnitive Agreement with Long Lake First Nation earlier in 2018 was signed and GGM is currently negoti ating agreemen ts with the other local Indigenous communities A grade control drill program was completed on the project to better understand mineralization of the top three benches of the mine with the re sults expected in the Q1 2019 GGM has also engaged fnancial advisors to begin the process of identif ying the various fnancing options that may be available for the Hardrock Project The property is located in Lindsley Errington Ashmore Parent Sals ber g and McKelvie T ownships in the Thunder Bay Mining Division The life of open pit mine is expected to be 145 years The project will em ploy about 450 people over the life of the mine Hardr ock Gold Pr oject Moving Forward