BITTERROOT RESOURCES UPDATES THE LM MAGMATIC NICKEL-COPPER PROJECT Bitterroot Resources Ltd. (symbol BTT, TSX -V) is providing an update on its recently completed winter 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
May 4, 2022
BITTERROOT RESOURCES UPDATES THE
LM MAGMATIC NICKEL-COPPER PROJECT
Bitterroot Resources Ltd. (symbol BTT, TSX -V) is providing an update on its recently
completed winter 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 10 of the 26 holes completed
on the LM Property.
The winter 2022 drilling program at LM was funded by Bitterroot Resources Ltd. (51%)
and joint venture partner Below Exploration, Inc. (49%) and consisted of 1,448 metres of
drilling in five (5) 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.
Hole LM 22 -25 intersected the deepest point yet observed on the basal contact of the
intrusion. Peridotite c lasts with disseminated and blebby sulphide mineralization were
observed entrained in slightly younger unmineralized olivine gabbronorite. The se clasts
are believed to be eroded from disseminated mineralization deeper in the conduit. This hole
also intersected weakly mineralized basal breccia with partially resorbed siltstone clasts
derived from the surrounding metasediments. These features are indicative of a magma
conduit environment similar to the Eagle East intrusion.
Hole LM 22-26 intersected the edge of the conduit and contained disseminated, blebby and
minor semi-massive mineralization. Irregularly shaped “rip-up” clasts of massive sulphide
(chalcopyrite, pyrrhotite and pentlandite) up to two centimetres across were observed in
the mineralized interval. These sulphide textures are further evidence of a dynamic magma
conduit environment. Photographs of the mineralized core samples in LM 22-26 are posted
on the Company’s website, www.bitterrootresources.com.
The down-plunge extent of the conduit and two other nearby magnetic targets are planned
to be targeted following the completion of additional land acquisition activities.
LM Project - Summary of Sulphide-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 22-22 256.27 258.86 2.59 0.55 0.48 0.24 disseminated
and 258.86 259.37 0.51 1.33 3.68 0.41 semi-massive
LM 22-23 258.32 260.36 2.04 0.08 0.08 0.03 disseminated
LM 22-24 240.40 245.78 5.38 0.28 0.42 0.05 disseminated
LM 22-25 163.20 165.15 1.95 0.09 0.08 0.02
Disseminated
and blebby, in
peridotite
clasts
and 190.80 192.05 1.25 0.13 0.27 0.11 trace to
disseminated
and 318.09 323.09 5.00 0.02 0.02 0.01 sparse blebs
LM 22-26 232.19 234.16 1.97 0.10 0.11 0.02 disseminated
and 234.16 235.16 1.00 0.33 0.35 0.10 blebby
and 235.16 235.52 0.36 1.23 0.75 0.13 blebby and
semi-massive
Mr. Glenn W. Scott, CPG, is the Qualified Person responsible for the technical content of
this disclosure.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
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the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.