# Bonterra Announces the Inclusion of The Barry Mining Lease in The Phoenix JV with Gold Fields Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/bonterra-announces-the-inclusion-of-the-barry-mining-lease-in-the-phoenix-jv-wit--7854402b-dbc8-468f-9119-bc1e25147931 Original source: https://money.tmx.com/en/quote/BTR/news/8278934386825680/bonterra-announces-the-inclusion-of-the-barry-mining-lease-in-the-phoenix-jv-wit Publisher: tmx Original announcement: 2026-05-04T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Bonterra Resources Inc. - Ticker: BTR - Exchange: TSX - Region: Quebec - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-15 14:55:44 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Bonterra Resources has included the Barry Mining Lease in its Phoenix Joint Venture with Gold Fields. The move follows an election by Gold Fields under the existing JV agreement and expands the project area for the ongoing 2026 drilling campaign. Reasoning: The inclusion of the Barry Mining Lease into the Phoenix JV expands the project footprint at no cost to the partner, supporting the ongoing drilling campaign. - Positive factor: Expansion of JV area via inclusion of Barry Mining Lease - Positive factor: Gold Fields election for no additional consideration - Positive factor: Existing infrastructure and underground ramp available - Positive factor: Recent MRE growth reported Facts used in scoring: 4 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document references and restates the 2026 Mineral Resource Estimate for the Barry project. Evidence · text > The Mineral Resource Estimate \(the " 2026 MRE ", press release dated February 23, 2026 \) ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/bonterra-announces-the-inclusion-of-the-barry-mining-lease-in-the-phoenix-jv-wit--7854402b-dbc8-468f-9119-bc1e25147931#fact-resource-facts-0) Barry Project · gold #### Identity - Project: Barry Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:5df72ff4613b271246ee - Deposit or zone: Open Pit - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 7794000 - Grade: 1.67 - Grade Unit: g/t - Contained Metal: 417 - Contained Unit: koz #### Prior Estimate - Resource Date: 2026-02-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-04T00:00:00.000Z Reasoning: Part of the 2026 MRE reported in February 2026. - Positive factor: Significant tonnage and contained ounces Evidence · text > Open Pit resources of 7.794 million tonnes at 1.67 g/t Au for 417 thousand ounces \(" koz "\) of Measured and Indicated #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/bonterra-announces-the-inclusion-of-the-barry-mining-lease-in-the-phoenix-jv-wit--7854402b-dbc8-468f-9119-bc1e25147931#fact-resource-facts-1) Barry Project · gold #### Identity - Project: Barry Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:11b756f083c2de2801b8 - Deposit or zone: Open Pit - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 125000 - Grade: 2.32 - Grade Unit: g/t - Contained Metal: 9 - Contained Unit: koz #### Prior Estimate - Resource Date: 2026-02-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-04T00:00:00.000Z Reasoning: Part of the 2026 MRE reported in February 2026. - Positive factor: Higher grade than indicated portion - Negative factor: Inferred category Evidence · text > 0.125 million tonnes at 2.32 g/t Au for 9 koz of Inferred mineral resources #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/bonterra-announces-the-inclusion-of-the-barry-mining-lease-in-the-phoenix-jv-wit--7854402b-dbc8-468f-9119-bc1e25147931#fact-resource-facts-2) Barry Project · gold #### Identity - Project: Barry Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:d362c15a920d17fef1ac - Deposit or zone: Barry Underground - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 4092000 - Grade: 3.47 - Grade Unit: g/t - Contained Metal: 457 - Contained Unit: koz #### Prior Estimate - Resource Date: 2026-02-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-04T00:00:00.000Z Reasoning: Part of the 2026 MRE reported in February 2026. - Positive factor: Strong underground grade Evidence · text > Barry Underground contains 4.092 million tonnes at 3.47 g/t Au for 457 koz of Measured and Indicated #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/bonterra-announces-the-inclusion-of-the-barry-mining-lease-in-the-phoenix-jv-wit--7854402b-dbc8-468f-9119-bc1e25147931#fact-resource-facts-3) Barry Project · gold #### Identity - Project: Barry Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:c47736725bdf9d3a825f - Deposit or zone: Barry Underground - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8789000 - Grade: 3.41 - Grade Unit: g/t - Contained Metal: 962 - Contained Unit: koz #### Prior Estimate - Resource Date: 2026-02-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-04T00:00:00.000Z Reasoning: Part of the 2026 MRE reported in February 2026. - Positive factor: Large inferred tonnage and metal content - Negative factor: Inferred category Evidence · text > 8.789 million tonnes at 3.41 g/t Au for 962 koz Au of Inferred mineral resources #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.