Bonterra Resources Inc. provided new exploration results from the regional drilling campaign on the Moss property. The recent drilling results at Moss confirm the existence of high-grade gold mineralized veining in hole UB-21-15, which returned 6.4 g/t Au over 1.5 metres ("m"), including 18.9 g/t Au over 0.5 m. The recent exploration drilling targeted the expansion of existing gold mineralization interpreted to trend northeast from some key historic high grade intersections in the Moss Center and Moss East areas. Moss historic values include 15.2 g/t Au over 1.3 m, 70.9 g/t Au over 2.6 m, and 102.2 g/t Au over 0.2 m. Mineralization at Moss consists of a system sub-parallel mineralized veins trending northeast identified along a span of approximately three kilometres ("km") and remains open along strike and at depth.

Bonterra has drilled sixteen holes representing a total of 6,990 m at the Moss since September 2021. Partial results from twelve drill holes have been received thus far. Results from the remaining four holes are pending.

Moss is centered on the northeast trending Mazeres fault along which several gold deposits and gold showings are spatially associated including the Barry and Windfall deposits. The Moss property is dominated by massive to pillowed basaltic to andesitic rocks with minor felsic volcanic rocks and tuffaceous horizons across the central and southeastern property area with local gabbroic to dioritic and felsic intrusions. Mineralization at Moss consists of a system of sub-parallel, hosted quartz- carbonate-chlorite veining and stockworks with minor sulfides which include pyrite, pyrrhotite, sphalerite and gold trending northeast and identified along a span of approximately three kms. The Moss mineralized trend is subdivided into three areas: Moss West, Moss Center and Moss East.