# Bonterra Reports Significant Mineral Resources Growth at Barry and Gladiator Deposits Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/bonterra-reports-significant-mineral-resources-growth-at-barry-and-gladiator-dep--cd116208-2ef0-4892-97d2-1c4dfb44ba87 Original source: https://money.tmx.com/en/quote/BTR/news/7258040912623341/bonterra-reports-significant-mineral-resources-growth-at-barry-and-gladiator-dep Publisher: tmx Original announcement: 2026-02-23T11:00:00.000Z 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 - Extracted: 2026-09-15 15:12:34 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Bonterra Resources has announced updated 2026 Mineral Resource Estimates for the Barry and Gladiator deposits in Quebec, prepared by P&E Mining Consultants. The update shows significant growth, with combined Measured & Indicated gold resources increasing by 30% in contained ounces compared to the 2021 estimates. Reasoning: The update represents a significant expansion of the gold resource base with substantial contained metal growth and improved technical methodology. - Positive factor: Significant contained gold growth in both M&I \(30%\) and Inferred \(21%\) categories - Positive factor: Expansion of resource scale across multiple deposits - Positive factor: Improved technical parameters including more conservative classification and industry-standard minimum mining width - Positive factor: High-grade underground intercepts at Gladiator \(5.23 g/t Au M&I\) - Positive factor: QA/QC protocols and independent QP sign-off disclosed - Negative factor: Increased minimum mining width from 1.20m to 1.75m may impact volume/grade continuity in narrow veins Facts used in scoring: 5 ## Classification and evidence **Category Upgrade** Polarity: positive Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal. Why it applies: The company reports a 30% increase in Measured & Indicated resources, indicating improved geological confidence and scale. Evidence · text > highlighted by a 30% increase in Measured & Indicated Mineral Resources **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Independent QP Antoine Yassa and company QP M. Donald Trudel are named and have reviewed/approved the technical information. Evidence · text > The QP has reviewed and approved the content of this news release. **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The MRE was prepared in accordance with NI 43-101 standards. Evidence · text > prepared by P&E Mining Consultants Inc. \(" P&E "\) on behalf of the Company in accordance with National Instrument 43-101 **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: Cut-off grades for both open pit \(0.3 g/t Au\) and underground \(2.0 g/t Au\) are explicitly stated. Evidence · text > 2026 MREs are estimated using a cut-off grade of 0.3 g/t Au for open pit and a 2.0 g/t Au cut-off used to define underground stopes ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Resource Estimates (5) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/bonterra-reports-significant-mineral-resources-growth-at-barry-and-gladiator-dep--cd116208-2ef0-4892-97d2-1c4dfb44ba87#fact-resource-facts-0) Barry and Gladiator · gold #### Identity - Project: Barry and Gladiator - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Antoine Yassa, M. Donald Trudel - Resource group id: resource:4e8376780718177cc72b #### Resource Data - Category: indicated - Tonnes: 15025000 - Grade: 2.9 - Grade Unit: g/t - Contained Metal: 1.401 - Contained Unit: moz - Cutoff Grade: 2 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-02-18 #### Lab - Laboratory: Bachelor Mine Laboratory, Actlabs and AGAT Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: Significant growth in contained metal for the M&I category. - Positive factor: 30% increase in contained gold vs 2021 Evidence · text > Barry and Gladiator combined 2026 MREs of 1.401 million ounces \(" Moz "\) of Measured & Indicated Mineral Resources at an average grade of 2.90 g/t Au contained within 15.025 million tonnes \(" Mt "\) #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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-reports-significant-mineral-resources-growth-at-barry-and-gladiator-dep--cd116208-2ef0-4892-97d2-1c4dfb44ba87#fact-resource-facts-1) Barry and Gladiator · gold #### Identity - Project: Barry and Gladiator - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Antoine Yassa, M. Donald Trudel - Resource group id: resource:d0f513c29f206aa59097 #### Resource Data - Category: inferred - Tonnes: 14628000 - Grade: 4.32 - Grade Unit: g/t - Contained Metal: 2.033 - Contained Unit: moz - Cutoff Grade: 2 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-02-18 #### Lab - Laboratory: Bachelor Mine Laboratory, Actlabs and AGAT Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: Substantial expansion of the inferred resource scale. - Positive factor: 21% increase in contained gold vs 2021 Evidence · text > 2.033 Moz of Inferred Mineral Resources at an average grade of 4.32 g/t Au contained within 14.628 Mt #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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-reports-significant-mineral-resources-growth-at-barry-and-gladiator-dep--cd116208-2ef0-4892-97d2-1c4dfb44ba87#fact-resource-facts-2) Barry · gold #### Identity - Project: Barry - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Antoine Yassa, M. Donald Trudel - Resource group id: resource:6470950c141db5a10658 - Deposit or zone: Barry Open Pit - Material type: oxide #### Resource Data - Category: indicated - Tonnes: 7794000 - Grade: 1.67 - Grade Unit: g/t - Contained Metal: 0.417 - Contained Unit: moz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-02-18 #### Lab - Laboratory: Bachelor Mine Laboratory, Actlabs and AGAT Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: Standard open pit resource component for Barry. Evidence · text > Barry MREs \(Open Pit\) : 0.417 Moz of Measured & Indicated Mineral Resources grading 1.67 g/t Au within 7.794 Mt #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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-reports-significant-mineral-resources-growth-at-barry-and-gladiator-dep--cd116208-2ef0-4892-97d2-1c4dfb44ba87#fact-resource-facts-3) Barry · gold #### Identity - Project: Barry - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Antoine Yassa, M. Donald Trudel - Resource group id: resource:a9488f39d39ed395173c - Deposit or zone: Barry Underground #### Resource Data - Category: indicated - Tonnes: 4092000 - Grade: 3.47 - Grade Unit: g/t - Contained Metal: 0.457 - Contained Unit: moz - Cutoff Grade: 2 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-02-18 #### Lab - Laboratory: Bachelor Mine Laboratory, Actlabs and AGAT Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: Solid underground resource component for Barry. Evidence · text > Barry MREs \(Underground\) : 0.457 Moz of Measured & Indicated Mineral Resources grading 3.47 g/t Au within 4.092 Mt #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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-reports-significant-mineral-resources-growth-at-barry-and-gladiator-dep--cd116208-2ef0-4892-97d2-1c4dfb44ba87#fact-resource-facts-4) Gladiator · gold #### Identity - Project: Gladiator - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - Ticker: BTR #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Antoine Yassa, M. Donald Trudel - Resource group id: resource:7fb4d235efbbbedb4c36 - Deposit or zone: Gladiator Underground #### Resource Data - Category: indicated - Tonnes: 3139000 - Grade: 5.23 - Grade Unit: g/t - Contained Metal: 0.527 - Contained Unit: moz - Cutoff Grade: 2 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-02-18 #### Lab - Laboratory: Bachelor Mine Laboratory, Actlabs and AGAT Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-23T00:00:00.000Z Reasoning: Strong high-grade underground resource at Gladiator. - Positive factor: High grade intercept \(5.23 g/t Au\) for underground Evidence · text > Gladiator MREs \(Underground\) : 0.527 Moz of Measured & Indicated Mineral Resources grading 5.23 g/t Au within 3.139 Mt #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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.