BITTERROOT RESOURCES INTERSECTS MAGMATIC Ni/Cu/PGM MINERALIZATION AT THE LM PROPERTY IN MICHIGAN Bitterroot Resources Ltd.’s ( BTT, TSX-V) Michigan subsidiary (“ Bitterroot”) and its joint venture partner

BITTERROOT RESOURCES LTD.

Suite 206-B, 1571 Bellevue Avenue,

West Vancouver, BC, V7V 1A6

tel 604 922 1351

www.bitterrootresources.com

NEWS RELEASE

August 24, 2020

BITTERROOT RESOURCES INTERSECTS

MAGMATIC Ni/Cu/PGM MINERALIZATION

AT THE LM PROPERTY IN MICHIGAN

Bitterroot Resources Ltd.’s ( BTT, TSX-V) Michigan subsidiary (“ Bitterroot”) and its joint

venture partner Below Exploration, Inc., (“ Below ”), have completed 1,411 metres of

drilling in four (4) core holes on the LM Property in Baraga County, Michigan. The LM

Property is being explored for conduit-hosted nicke l-copper-platinum-palladium

mineralization similar to Lundin Mining Corporation ’s Eagle and Eagle East orebodies,

which are located 30 kilometers to the east.

Bitterroot’s drilling at the LM Property has inters ected a magma conduit which hosts an

upper olivine gabbro unit and a basal, copper/nicke l/PGM-mineralized mafic/ultramafic

unit. The deepest mineralized interval intersected to date is a 5.3-metre-long

(approximately 4.8 metres true thickness) interval with disseminated blebs of chalcopyrite,

pentlandite and pyrrhotite, between 253.8 – 259.1 metres down-hole in LM 20-01. Details

of the assay results are included in the table belo w. Photographs of the disseminated

magmatic mineralization are available at www.bitterrootresources.com . Management is

encouraged by the relatively high nickel/copper/PGM content of this disseminated

mineralization.

LM-20-01

From

(m)

To

(m)

Interval

(m) Logged Rock Type

Cu

(%)

Ni

(%)

S

(%)

Au

(ppm)

Pt

(ppm)

Pd

(ppm)

253.8 254.7 0.9 Melatroctolite 0.32 0.28 1.30 0.026 0.079 0.058

254.7 255.4 0.8 Melatroctolite 0.50 0.53 2.04 0.048 0.156 0.112

255.4 255.9 0.5

Feldspathic

peridotite 0.76 0.73 3.40 0.088 0.253 0.164

255.9 256.9 1.0 Melatroctolite 0.82 0.74 3.77 0.045 0.156 0.116

256.9 258.0 1.1 Melatroctolite 0.95 0.73 4.36 0.061 0.135 0.085

258.0 258.5 0.5 Olivine gabbro 0.24 0.28 2.24 0.028 0.070 0.051

258.5 259.1 0.57 Olivine gabbro 0.54 0.63 4.47 0.097 0.324 0.265

253.8 259.1 5.3 Weighted Average 0.62 0.58 3.13 0.054 0.159 0.114

4.8

Estimated true

thickness

Based on the drilling completed to date, the minera lized mafic/ultramafic unit appears to

be thickening at depth. Additional drilling is required to confirm the dip of the mineralized

unit and test the potential for the LM Property to host massive or semi-massive

mineralization.

The Mid-Continent Rift region hosts several conduit -style orebodies and high-grade

resources. These discoveries all started with inter sections of disseminated magmatic

mineralization in the early drill programs. At Eagle and Eagle East, zones of disseminated

chalcopyrite, pentlandite and pyrrhotite form a hal o around semi-massive and massive

sulphide orebodies. Other relevant examples of cond uit-style magmatic

nickel/copper/PGM deposits are Talon Metals’/Rio Ti nto’s Tamarack deposits in

Minnesota, Vale’s Voisey’s Bay deposits in Newfound land and Labrador and the giant

deposits of the Noril’sk region in Siberia.

Drilling is expected to resume following compilation and analysis of the current drill data,

and after the Fall hunting season. Below is funding US$285,000 of exploration

expenditures prior to the first anniversary of the agreement to earn a 49% joint venture

interest. Bitterroot is the project operator.

Mr. Glenn W. Scott, CPG, is the Qualified Person re sponsible for the technical content of

this release.

Quality assurance/quality control

Bitterroot Resources Ltd. used ALS Canada Ltd. ( “ALS”) for geochemical analyses and

assaying. ALS is a global leader in analytical serv ices. The samples were analyzed at

ALS’s secure, ISO 17025-certified laboratory in Nor th Vancouver, BC, Canada, by 33-

element four acid leach and Fire Assay, both with ICP-AES finish.

Analytical quality assurance and quality control (Q A/QC) confirming the accuracy of the

analyses were performed by ALS using seven (7) standard samples and two (2) blanks.

Core samples were transferred on a daily basis from the drill site to Bitterroot’s secure core

storage and logging facility. After leaving the dri ll site, core samples were in the custody

of Bitterroot’s personnel or in secure storage. The two (2)-inch (5 cm)-diameter NQ-sized

drill core was cut with a rock saw. Half of the cor e was shipped to ALS for sample

preparation and analysis and half retained. The samples were tagged, bagged and boxed by

Bitterroot personnel and shipped via Fedex to ALS in North Vancouver, B.C.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr

Director and CEO

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the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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