News

Bitterroot Resources And Westbank First Nation Sign Memorandums Of Understanding

May 19, 2009

Bitterroot Resources Ltd. (BTT, TSX-V) and the Westbank First Nation (WFN) have entered into two Memorandums of Understanding (MOUs) covering Bitterroot's exploration activities on its North Brenda and GK gold and base metals exploration projects in south-central British Columbia. The North Brenda and GK projects are located within the WFN Harvest and Governance Areas which are part of the larger Okanagan Nation Traditional Territory. Bitterroot and WFN have entered into the MOUs to establish the basis for a positive long-term relationship founded upon:
  • respect for the legitimate interests of both parties,
  • consultation with WFN and
  • accommodation of WFN Aboriginal rights.
If Bitterroot's exploration activities on the North Brenda or GK properties lead to mine development, WFN and Bitterroot have agreed to negotiate an Impact Benefits Agreement with a view to creating economic, employment and social benefits for WFN and its members and providing for consideration of potential business relationships between Bitterroot and WFN.

The Board of Directors and management of Bitterroot Resources Ltd. wishes to thank Chief Robert Louie and the members of the WFN Council for their support of Bitterroot's exploration activities in the WFN Governance Area.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director


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FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the company's ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.