BITTERROOT RESOURCES UPDATES THE LM MAGMATIC NICKEL-COPPER PROJECT Bitterroot Resources Ltd. (symbol BTT, TSX -V) is providing an update on its magmatic nickel/copper drilling program on the LM Property in the Upper Peninsula of Michigan.
BITTERROOT RESOURCES LTD.
Suite 206-B, 1571 Bellevue Avenue,
West Vancouver, BC, V7V 1A6
tel 604 922 1351
www.bitterrootresources.com
NEWS RELEASE
March 9, 2022
BITTERROOT RESOURCES UPDATES THE
LM MAGMATIC NICKEL-COPPER PROJECT
Bitterroot Resources Ltd. (symbol BTT, TSX -V) is providing an update on its magmatic
nickel/copper drilling program on the LM Property in the Upper Peninsula of Michigan.
The LM Property is being explored for conduit -hosted nickel-copper-platinum-palladium
mineralization similar to Lundin Mining Corporation’s Eagle and Eagle East orebodies,
which are located 25 kilometres to the east. Disseminated, semi -massive and massive
sulphide Ni-Cu-PGM mineralization has been intersected in nine (9) of 25 holes completed
to date on the LM Property.
Since drilling resumed at LM in mid-January 2022, Bitterroot Resources Ltd. (51%) and
joint venture partner Below Exploration, Inc. (49%) have completed 1,160 metres of
drilling in four (4) vertical core holes. The mineralized intervals are described in the table
below. The first three holes (LM 22-22, 23 and 24) intersected 3.10, 2.04 and 5.38 metres
respectively, of disseminated or blebby nickel -copper sulphide mineralization along the
basal contact of the LM intrusion. Assays are expected in roughly eight (8) weeks.
Recently completed vertical hole LM 22-25 stepped out approximately 50 metres east of
hole 22. This hole has generated two significant pieces of information;
1. A 5.1-metre core interval starting at 161.03 metres down-hole contains mineralized
clasts of peridotite , 6-20 cm across, with disseminated and blebby nickel -copper
sulphides. These mineralized clasts are suspended in a m atrix of unmineralized
olivine gabbronorite . The y are inter preted as having been transported to their
current position by a younger pulse of olivine gabbronorite magma, which eroded
the clasts from an undiscovered mineralized body located deeper in the conduit.
2. LM 22-25 exited the intrusion in weakly mineralized breccia with partially resorbed
siltstone clasts, at 323.09 metres down-hole. This point is 62 metres deeper than the
basal contact in adjacent holes, suggesting that the base of the intrusion plunges at
least -50 degrees in this area . The down-plunge extent of the conduit will be
targeted in future holes.
After drill hole LM 22-26 is completed, drilling will be paused for spring break-up and is
expected to resume in early May. Additional information on the LM Property is available
at www.bitterrootresources.com.
LM Project - Summary of Sulfide-Mineralized Intervals
Hole # From
(m)
To
(m)
Interval
(m)
Nickel
(%)
Copper
(%)
Au + PGM
(g/tonne) Type
LM 20-01 253.80 259.10 5.30 0.58 0.62 0.33 disseminated
LM 21-07 270.07 273.00 2.93 0.78 0.83 0.25 disseminated
and 273.00 273.75 0.75 5.16 1.18 0.82 semi-massive
LM 21-10 260.50 262.75 2.25 0.78 0.80 0.40 disseminated
and 262.75 262.94 0.19 2.74 0.43 0.37 semi-massive
LM 21-13 247.68 250.36 2.68 0.33 0.38 0.10 disseminated
and 250.36 250.75 0.39 1.81 0.51 0.52 semi-massive
LM 21-14 235.79 236.06 0.27 1.96 0.01 0.01 semi-massive
and 236.06 236.86 0.80 4.81 0.78 0.25 massive
LM 22-22 256.27 259.37 3.10 P P P disseminated
LM 22-23 258.32 260.36 2.04 P P P disseminated
LM 22-24 240.40 245.78 5.38 P P P disseminated
LM 22-25 161.03 166.15 5.12 P P P
Disseminated
and blebby, in
clasts
and 166.15 215.00 48.85 P P P trace to
disseminated
and 317.90 323.09 5.19 P P P sparse blebs
P = assays pending
Mr. Glenn W. Scott, CPG, is the Qualified Person responsible for the technical content of
this disclosure. Mr. Nickolas Dudek, P.Geo, of C.J. Greig & Associates Ltd. is the
Qualified Person responsible for the 3-dimensional modelling of the drill hole data.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
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