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Acquisition of 650000 oz Gold Resource Positions BonTerraResources...



Mining MarketWatch Journal has published a special situation advisory/valuation commentary and review on BonTerra Resources Inc. (TSX VENTURE: BTR) offering insight and opportunity afforded investors. Seabridge Gold Inc. has agreed to take a CDN$5,000,000 debenture in BonTerra and sell BonTerra its Red Mountain gold claims near Stewart BC Canada positioning BonTerra with immediate gold resources of 650,000 ounces and with what Mining MarketWatch projects as a near term achievable resource estimate of 3,000,000+ ounces gold.



The full review and valuation commentary may be found at http://miningmarketwatch.net/btr.htm online.



BonTerra Resources Inc. is the subject of a Special Upside Valuation Advisory: Seabridge Gold has agreed to take a CDN $5,000,000 debenture in BonTerra and sell BonTerra its Red Mountain gold claims near Stewart BC Canada -- the effect is to create an exceptional upside valuation scenario for BTR.V as the synergies of the deal are perfect, positioning BonTerra with immediate gold resources of 650,000 oz and with what Mining MarketWatch projects as a near term achievable resource estimate of 3,000,000+ ounces gold; BonTerra'ss Willoughby gold property is adjacent to the Seabridge Red Mountain claim group and geologists believe the two gold systems are connected and understood to be ripe for resource expansion. Seabridge is currently carrying the resource at 650,000 ounces gold, however the Red Mountain deposit was previously owned by a number of majors including Royal Oak which had the resource up to 2,000,000 ounces gold at one point (pre NI43-101) and a Seabridge engineering report makes note of there being inferred, indicated, and reserves of 1,400,000 oz gold and 3,000,000 +oz of silver. The 90 day Letter of Intent (LOI) has a CDN $12,000,000 price tag; $6,950,000 cash plus BTR.V issuing a $5,000,000 convertible debenture. Seabridge taking an equity position is an obvious vote of confidence in Bonterra'ss management, technical leadership, and the belief that BTR.V can take the resource substantially higher.



The risk-reward characteristics are highly advantageous for investors establishing a long position in BTR.V as the markets reception for such a solid and tangible prospect involving 650,000 oz proven gold resource, equipment, buildings, plus synergies and ability to rapidly build the resource is strong. Currently (pre acquisition) BTR.V has a nominal 20M shares outstanding. After closing on the LOI and capitalizing the purchase plus sufficient drilling to build the resource they estimate the share structure will expand to roughly 40M with a per share valuation of BTR.V well in excess of at least $1 and a multiple upward revaluation appears readily in store.



This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. The term advisory refers to the fact the reader is being advised there is a publication on an item that is also an investment, and not advice to buy or sell. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URL.






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