News

Bitterroot Resources’ Coyote Sinter Project Update

December 14, 2022

Bitterroot Resources Ltd. (symbol BTT, TSX-V) has received assay results from three holes drilled on the Coyote Sinter epithermal gold/silver project in Elko County, Nevada. Coyote Sinter is located in the Independence District, several miles south of the Jerritt Canyon mine property and 5 miles east of the historic Tuscarora mining district.

The Company’s contractor drilled 885.66 metres in three PQ/HQ core holes along 700 metres of strike length of the Chevron fault. The first hole encountered excessive water inflows and was terminated and plugged short of the target depth at 205.89 metres. The second (376.95 metres total depth) and third holes (302.82 metres total depth) intersected the Chevron fault below the previous anomalous shallow reverse circulation drilling. These two holes intersected a large fault structure which hosts moderately anomalous levels of mercury, arsenic and antimony in the target zone. Precious metals content was weakly anomalous, suggesting that the sinter exposed on the property is likely a distal outflow from the main upflow zone of the epithermal system. No further work is planned at this time.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr
Director

Mr. Robert (Rick) Streiff, CPG, is the Qualified Person responsible for the technical content of this disclosure.

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.