08:29 AM EDT, 03/20/2018 (MT Newswires) -- Bonterra Resources (BTR.V) could add to the 4% gained Mondayafter it said Tuesday that high-grade intersections from four recent drill holes at the Gladiator Gold Deposit continued to demonstrate the continuity of the deposit and highlight the predictability of the mineralized zones with increased drilling density.

Initial results from the ongoing winter drilling campaign included an intersection of 16.9 g/t Au over 6.5 m, said Bonterra. The ongoing drilling campaign, totaling 70,000 m in 2018, includes infill and definition drilling at the Gladiator Gold Deposit. Five active drill rigs are currently focused to support the timing and completion of an updated mineral resource estimate in the second half of 2018.

Shares on Monday climbed 4.0% to $0.52 apiece in a 52-week range of $0.32 - 0.72.

Price: 0.52, Change: +0.02, Percent Change: +4.00