Caledonia Mining Corporation Plc press release

Bonterra Completes All-Season Exploration Camp to Support Expanding Resource Development Program at Gladiator Gold Project

2017-11-20

NYSE - New York Stock Exchange · Jersey

Canada NewsWire

VANCOUVER, Nov. 20, 2017

VANCOUVER, Nov. 20, 2017/CNW/ - Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "Bonterra")is pleased to highlight the construction of a new, all-season exploration camp at the Gladiator Gold Project. The expansion to a larger year-round exploration camp will support the continued advancement of the aggressive resource development program at the Gladiator Gold Deposit. Bonterra plans to mobilize two additional drills (totaling six) in early 2018 for a winter drilling campaign.

Overview of New Exploration Camp and Infrastructure Improvements:

Completion of expandable, all-season camp High-speed communications network Construction and rehabilitation of 6 km of property main access road Development of 7 km trails network to the Coliseum area Ongoing revegetation and site reclamation program An additional 65,000 m of core storage

Dale Ginn, VP Exploration, stated, "The expansion and construction of a year-round camp provides the key infrastructure required to ensure we execute our resource development program at the Gladiator Gold Project on budget and on time to meet the market's expectations of a mineral resource update in 2018."

Bonterra Resources Quick Facts:

Well financed with $40 millionraised in 2017. Strong Shareholder Base:Eric Sprott(10%), Van Eck Gold Fund (12%), Kirkland Lake Gold(9.5%), Kinross(7.5%). Gladiator Gold Deposit: Larder Lake Gold Property:

ON BEHALF OF THE BOARD OF DIRECTORS,

Nav Dhaliwal, President & CEO Bonterra Resources Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains "forward-looking information" that is based on Bonterra's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Bonterra's exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information.Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Bonterra's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Bonterra disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

SOURCE BonTerra Resources Inc.

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For further information on Bonterra, contact Investor Relations: Telephone: 1 844 233 2034, Email: ir@bonterraresources.com, Website: www.bonterraresources.comCopyright CNW Group 2017