BITTERROOT RESOURCES IDENTIFIES SUMMIT ZONE CARBONATE REPLACEMENT (CRD) TARGETS Following a review of Bitterroot Resources Ltd.’s ( BTT, TSX-V) large database of geochemical, geophysical and geological data from the 100%-owned North Brenda claims in southern British
BITTERROOT RESOURCES LTD.
Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6
tel 604 922 1351
www.bitterrootresources.com
NEWS RELEASE
April 1, 2019
BITTERROOT RESOURCES IDENTIFIES SUMMIT ZONE
CARBONATE REPLACEMENT (CRD) TARGETS
Following a review of Bitterroot Resources Ltd.’s ( BTT, TSX-V) large database of geochemical,
geophysical and geological data from the 100%-owned North Brenda claims in southern British
Columbia, management has identified several areas with potential to ho st Zinc -Silver-bearing
Carbonate Replacement Deposits (CRD) in Nicola Group limestones and calcareous argillites. The
Brenda Mo-Cu mine is located only 3 km SE of the strongest soil geochemical anomaly, known
as the Summit Zone. The Summit Zone is a zinc, arsenic, molybdenum and silver -in-soil
geochemical anomaly covering a 1.2 km x 0.5 km area which is underlain by thin glacial till and
folded Nicola Group sediments which are cut by granitic intrusions. The project area hosts many
logging roads and cut blocks a nd is crossed by a major powerline and Highway 97C. Following
consultation with the Westbank First Nation and BC MEMPR permit amendments, geophysical
surveys (AMT) and drilling of the Summit Zone and surrounding targets is planned in the summer
of 2019 . Additional information on the Summit Zone CRD targets can be found in the slide
presentation posted on the Company’s website, www.bitterrootresources.com.
FINANCING TERMS ANNOUNCED
In advance of the drilling program, Bitterroot Resources Ltd.’s management plans to complete a
non-brokered private placement consisting of 6,500,000 units priced at $0.055 per unit, consisting
of one common share and one half of a common share purchase warrant exercisable at $0.11 for 2
years, for gross proceeds of approximately $35 7,500. Proceeds will be used for working c apital
and a planned precious metals property acquisition in Nevada.
Concurrent with the unit financing, the Company’s management also plans to complete a non -
brokered private placement of 3,500,000 “BC Super -Flow Through” shares priced at $0.08, for
gross proceeds of $280,000. Proceeds will be used mainly for drilling and geophysical surveys on
the Summit Zone and associated targets.
The Qualified Person, as defined in NI 43-101, responsible for the technical content of this news
release is Jeffrey D. Rowe, P.Geo.
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.