Bonaventure Enterprises Inc.: Drilling Program Underway at Goldfield West Property.RENO, Nev. -- Bonaventure Enterprises Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BVT BVT Bouvet Island (ISO Country code) BVT Brevet BVT Bournville Village Trust (UK) BVT Build Verification Test (Software testing process) )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BVTEF) is currently drilling at its Goldfield West Property as part of its third phase of exploration at the Goldfield West Project. Drilling of the Southern target was completed, and the drilling program at the Central target is underway. A total of approximately 4,000 feet of drilling is being conducted across three zones: the Nevada Eagle target; the Central target; and the Southern target. Phase 3 exploration (Phase 2 drilling) will consist of 10 angle holes using an RC (reverse circulation) drill rig. Drilling at the Southern target will test a broad north-west trending zone of low-grade gold found in previous drilling. Angle drilling will explore for high-grade feeders within the roughly 70m wide, 30m thick zone that has an unknown strike extent. Previous drilling included 95 feet (29m) grading 0.70 g/t gold and 3.6 g/t silver. At the Nevada Eagle target, the north-west trending fault thought to control the previously mined high-grade mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. will be tested along trend to the south-east. The best result from previous drilling of the area was 10 feet (3m) of 3.09 g/t gold and 30.2 g/t silver in drill hole NV-1. Drilling of the Central target will test postulated north-west and north-south structures within areas of low-grade gold found in historic drilling. Qualified Person These results have been prepared under the guidance of geologist Richard Kern, Vice-President Exploration of BVT, a "Qualified Person" under NI 43-101 with the ability and authority to verify the authenticity and validity of this data. About Bonaventure Enterprises Inc. Bonaventure Enterprises Inc. is a Canadian based resource and exploration company traded publicly under the symbol BVT on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. and BVTEF on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . The Company holds 100% of the mining properties including Goldfield, Cottonwood, Jet and Northern Lights. The Company also has an option agreement with White Knight Resources (TSX VENTURE:WKR WKR Wrecker WKR Watchkeeping Receiver (maritime) ) to acquire up to 60% interest in the New Pass (Eureka, NV) and Squaw Creek (North end of the Carlin car·line or car·lin n. Scots A woman, especially an old one. [Middle English kerling, from Old Norse, from karl, man.] Trend) Properties. The Company's mission is the discovery and development of economic, multi-million ounce gold deposits through the exploration of high quality projects, located primarily in Nevada. Bonaventure Enterprises Inc. is an exploration company with a substantial portfolio of exploration projects prospective for gold and silver. ON BEHALF OF THE BOARD OF DIRECTORS Basil Pantages, President The TSX Venture Exchange has not reviewed and does not accept resp onsibility for the adequacy or accuracy of the contents herein. Bonaventure Enterprises Inc. (TSX VENTURE:BVT) (PINK SHEETS:BVTEF) |
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