Unveiling the Moroy Deposit: Bonterra Resources’ Key Asset
Published by Ark Analytics
The Moroy Deposit is an integral part of Bonterra Resources’ portfolio, located in the prolific Abitibi Greenstone Belt of Quebec. This high-grade underground gold deposit is undergoing continuous exploration and development, with surface and underground drilling aimed at expanding the resource base. In June 2021, an NI 43-101 resource estimate reported 161,000 ounces of gold in measured and indicated resources and 104,000 ounces in inferred resources. Ongoing drilling aims to further define the deposit’s potential.
Overview of the Moroy Deposit:
- Mine Type: Underground
- Status: Active
- Commodities: Gold
- Mining Method: Longhole Stoping, Cut-and-Fill
- Production Start: Development phase; no commercial production date yet
- Mine Life: Under assessment based on further exploration
- Snapshot: Moroy is known for its high-grade gold ore, with measured and indicated resources estimated at 5.58 g/t of gold.
- Ownership: 100% owned by Bonterra Resources
Sustainability and Exploration Plans:
Bonterra Resources is committed to expanding the Moroy Deposit while maintaining high environmental and safety standards. Current exploration focuses on extending the deposit both up-dip and down-dip, as well as testing new targets within the project’s reach. This strategic drilling program aims to increase the resource base, which could significantly extend the mine life and bolster economic returns.
Financial Insights and Ownership:
Bonterra Resources provides up-to-date financial reporting on the Moroy Deposit’s progress. With a focus on maximizing value, the company continues to attract interest from investors looking for high-grade gold opportunities. Bonterra is listed on the TSX Venture Exchange under the symbol “BTR” and in the US under “BONXF.”
Prospecting with Ark Analytics’ ProspectPro Tool:
For investors and industry professionals interested in understanding the potential of the Moroy Deposit, Ark Analytics’ ProspectPro Tool offers deep insights. Users can explore key project details, financial data, and sustainability metrics that help make informed decisions on investment opportunities.
With the ProspectPro Tool, you can:
- Evaluate project-specific data on mining methods, production estimates, and ownership details.
- Access exclusive insights into Bonterra Resources’ portfolio and other mining ventures.
- Analyze gold market trends and assess the risks and opportunities within the sector.
Conclusion:
The Moroy Deposit is shaping up to be a cornerstone of Bonterra Resources’ growth strategy, offering high-grade gold potential in a mining-friendly jurisdiction. With ongoing exploration and development, this deposit could emerge as a significant contributor to Canada’s gold production. To gain further insights into the Moroy Deposit and other mining projects, explore Ark Analytics’ ProspectPro Tool and stay ahead in the mining industry.
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