News

Bitterroot Resources Commences Drilling At The LM Nickel-Copper-PGM Project In Michigan

February 1, 2021

Bitterroot Resources Ltd.’s (symbol BTT, TSX-V) drilling contractor has resumed core drilling on the LM Property in the Upper Peninsula of Michigan. Exploration of the LM Property is being funded by Bitterroot Resources Ltd. (51%) and privately-owned joint venture partner Below Exploration Inc. (49%).

The hole in progress is targeting the LM intrusion’s basal contact at approximately 300 metres down-hole, some 75 metres down-plunge from the high metal tenor mineralization previously intersected in hole LM 20-01. Hole LM 20-01 returned 4.8 metres (true thickness) grading 0.58% Ni, 0.62% Cu, 3.13% S and 0.33 grams Pt+Pd+Au in disseminated, blebby and interstitial sulphides in a basal ultramafic phase of the intrusion. Further details are included in Bitterroot’s news release dated August 24, 2020 and on the Company’s website, www.bitterrootresources.com.

The 2021 winter drill program at the LM Property is planned to comprise up to 2,400 meters of core drilling in 6 to 8 holes, before March 15, 2021.

Mr. Glenn W. Scott, CPG, is the Qualified Person responsible for the technical content of this release.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

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

FORWARD LOOKING STATEMENTS: Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. 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 events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws. For such forward-looking statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.