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Bonterra adds Barry Mining Lease to Phoenix JV, advancing gold exploration with Gold Fields partnership.

Company Fundamentals
04 May 2026
Newsfile Corp
Bullish
pluang ai news

Bonterra Resources has included Mining Lease 886 (Barry Mining Lease) in its Phoenix Joint Venture with Gold Fields, marking a key step in advancing the Barry gold project. Gold Fields elected to add the lease at no extra cost under their joint venture agreement, supporting ongoing exploration and infrastructure upgrades. The Barry deposit holds significant gold resources with potential for expansion, and Gold Fields aims to earn a 70% stake by investing C$30 million by November 2026. This move strengthens Bonterra's position in Quebec's gold sector and accelerates development efforts at Barry.

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