March 2018

Bonterra Resource Ltd. (TSXV:BTR) – Bonterra’s Initial Winter Drill Results Look Good

Bonterra Resources Inc. (TSXV:BTR) reported encouraging initial results from its winter drill program at its Gladiator Gold Deposit which continue to confirm our view that resource expansion is likely. Highlights from these first four holes include, high grades from hole BA-18-04 intersecting 16.9 g/t Au over 6.5m at the Main Zone and 14.1 g/t Au over 1.5m at the South Zone as well hole BA-18-03A extended the strike length and depth in the Main Zone.

Novo Resources Corp. (TSXV:NVO) – Novo’s +5-tonne Samples Expected in ~1 Month

Novo Resources Corp. (TSXV:NVO) has provided an update on its exploration activities at Comet Well, which includes the expected announcement of +5-tonne bulk sample results in ~1 month. The samples were taken from the few meters of basal bouldery conglomerate that has been identified to be unique to the Powerline showing (Figure 1).

Brixton Metals Corp. (TSXV:BBB) – Brixton Hits Shallow High-Grade Cobalt at Hudson Bay

Brixton Metals Corp. (TSXV:BBB) continues to have drill success at its Hudson Bay project in the Cobalt Camp, highlighted by 0.22% Co, 0.48% Cu and 17.3 g/t Ag (0.25% CoEq, 336.62 g/t AgEq) over 3.00m (HB-18-04) and 0.71% Co, 10.3 g/t Ag, 0.46% Ni, 0.37% Zn (0.80% CoEq, 908.95 g/t AuEq) over 1.00m (HB-18-05), both at shallow depths of 46m and 56m respectively.

Aquila Resources Inc. (TSXV:AQA) – Aquila Progresses Towards Final Major Permit

Aquila Resources Inc. (TSX:AQA) provided a permitting update regarding the wetland/stream/floodplain permit application for its Back Forty Project in Michigan. The permitting process is progressing as the company has received comments from the United States Environmental Protection Agency (EPA) and the company now has 90 days (from March 8, 2018) to work with the Michigan Department of Environmental Quality (MDEQ) to respond and provide the necessary information to resolve the EPA’s requests.