News
Hackberry Silver Project -- Drill Program Update And Aeromagnetic Survey Completed
August 22, 2017
Bitterroot Resources Ltd.'s (BTT, TSX-V) drilling contractor plans to mobilize a drill rig to the Hackberry Silver Project, Mohave County, Arizona, starting September 5. Up to 2,000 metres (6,500 feet) of drilling will initially test targets on the patented mineral rights adjacent to the Hackberry Mine underground workings. Bitterroot's management is also preparing permit applications for drilling and access trail construction on several targets located on the adjacent unpatented mining claims.
Bitterroot's geophysical consultant has completed levelling, processing and interpreting recently-received aeromagnetic data collected over the Company's Hackberry silver property. Figures showing the aeromagnetic results are posted on www.bitterrootresources.com .
The aeromagnetic survey was flown on lines spaced 50-metres (165 feet) apart, with terrain clearances generally ranging from 50 to 90 metres (165-295 feet). This detailed survey shows that the Hackberry mineralized trend is associated with a northwest/southeast-trending linear magnetic low. Along this linear magnetic low, the Hackberry Mine's underground workings coincide with a subtle magnetic high. Several similar magnetic features have been noted along strike, within a 900 metre (0.6 mile)-long interval, roughly centred on the Hackberry mine workings.
The Silver King mine is located 1.5 km (1 mile) northwest of the Hackberry Mine, on the same linear magnetic trend, coincident with a stronger magnetic low. Results from reconnaissance soil geochemical sampling lines have confirmed the mineralized nature of the Hackberry trend and several other associated structures.
Bitterroot's The Qualified Persons, as defined in NI 43-101, responsible for the technical content of this news release are consulting geophysicist Jules J. Lajoie, Ph.D, P.Eng and consulting geologist Glen W. Adams, PG, M.Sc.
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: 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.
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Bitterroot's geophysical consultant has completed levelling, processing and interpreting recently-received aeromagnetic data collected over the Company's Hackberry silver property. Figures showing the aeromagnetic results are posted on www.bitterrootresources.com .
The aeromagnetic survey was flown on lines spaced 50-metres (165 feet) apart, with terrain clearances generally ranging from 50 to 90 metres (165-295 feet). This detailed survey shows that the Hackberry mineralized trend is associated with a northwest/southeast-trending linear magnetic low. Along this linear magnetic low, the Hackberry Mine's underground workings coincide with a subtle magnetic high. Several similar magnetic features have been noted along strike, within a 900 metre (0.6 mile)-long interval, roughly centred on the Hackberry mine workings.
The Silver King mine is located 1.5 km (1 mile) northwest of the Hackberry Mine, on the same linear magnetic trend, coincident with a stronger magnetic low. Results from reconnaissance soil geochemical sampling lines have confirmed the mineralized nature of the Hackberry trend and several other associated structures.
Bitterroot's The Qualified Persons, as defined in NI 43-101, responsible for the technical content of this news release are consulting geophysicist Jules J. Lajoie, Ph.D, P.Eng and consulting geologist Glen W. Adams, PG, M.Sc.
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: 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.
View News Release in PDF Format: