Bonterra Resources Inc. announced more results from the now completed infill and expansion drilling campaign at the Barry underground project, which holds 0.5 million ounces of Measured and Indicated Mineral resources and 0.7 million ounces of Inferred Mineral resources according to the last mineral resources estimate. The primary goal of this campaign was to convert mineral resources to a higher confidence category and enhance the interpretation and grade continuity of the mineralization, primarily in the upper section of the deposit. In total, 31,349 metres ("m") (91 holes) of infill drilling has been completed from surface since August 2022.

The Company has received assays for 80 holes so far, including the holes disclosed in this release. Highlights include: 6.2 g/t Au over 7.7 m, including 12.8 g/t Au over 2.8 m and 13.0 g/t Au over 0.5 m in hole MB-23-598. 26.3 g/t Au over 1.2 m, including 38.1 g/t Au over0.7 m in hole MB-23, including the holes disclosed.

4.5 g/t Au over 4.2 m, including 20.3 g/t Au Over 0.5 m in holeMB-23-592. 1.6 g/t Au over 6.0 m, including 2.2 g/t Au Over 2.0 m in hole MB-23 -613. Holes MB-23-598, MB-23-600 and MB-23-592 intercepted mineralisation consistent with the high-grade ore shoots in the 800 Zone.

Meanwhile, hole MB-23-613 confirmed the extension of mineralization from the 800 Zone approximately 150 m further than the known mineralized envelope and suggests that there is continuity of the mineralization at depth. With the conclusion of the winter drill program at Duke, have started a greenfield exploration program at Barry North-East and a more focused program at Panache South. Bonterra remains committed to continuing to explore the Urban-Barry camp where several million ounces of gold have already been discovered to date.

Exploration Updates. The drill program at the Duke property ("Duke"), a joint venture with Osisko Mining Inc. ("Osisko"), consisting of 10 holes covering 3,387 m has been completed on schedule.