News
New Manitoba Coal Exploration Applications
June 30, 2008
Bitterroot Resources Ltd. (BTT, TSX-V) has submitted additional Quarry (Coal) Exploration Permit applications to the Mines Branch of the Province of Manitoba's Department of Science, Technology, Energy and Mines. These applications cover an additional 11,605 hectares (~48 square miles) of road or railroad-accessible lands which host Lower Cretaceous coal-bearing strata of the lower Cretaceous Mannville/Swan River Group. Bitterroot's Quarry (Coal) Exploration Permits now cover approximately 25,400 hectares (~107 square miles) of prospective lands in the Pasquia and Swan River Basins.
Bitterroot's Turnberry Block is located approximately 5 kilometres north of Goldsource Mines Inc.'s Border Property, where two drill holes located 1.6 kilometres apart intersected over 22 metres of continuous coal within a 32 metre-thick, flat-lying coal-bearing interval.
The Mines Branch of the Province of Manitoba's Department of Science, Technology, Energy and Mines has posted the location of Bitterroot's Quarry Exploration Permit applications on its website. The new applications are currently being processed, with completion expected in approximately 12-14 weeks. There are no assurances that all of the applications will be granted. Bitterroot's management believes that the majority of the lands it has applied for will be available for coal exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news 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.
Bitterroot's Turnberry Block is located approximately 5 kilometres north of Goldsource Mines Inc.'s Border Property, where two drill holes located 1.6 kilometres apart intersected over 22 metres of continuous coal within a 32 metre-thick, flat-lying coal-bearing interval.
The Mines Branch of the Province of Manitoba's Department of Science, Technology, Energy and Mines has posted the location of Bitterroot's Quarry Exploration Permit applications on its website. The new applications are currently being processed, with completion expected in approximately 12-14 weeks. There are no assurances that all of the applications will be granted. Bitterroot's management believes that the majority of the lands it has applied for will be available for coal exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news 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.