BITTERROOT RSRCES LTD - BITTF STOCK NEWS

Bitterroot Resources Ltd. has staked the 163-claim Nighthawk Gold Property in Nevada’s central Walker Lane gold belt, which is promising for near-surface oxide gold mineralization. Covering five square miles, the property is positioned near the Berg deposit and highlights minimal prior exploration. Recent prospecting revealed mineralized float boulders with grades up to 10.8 g Au/t, while a drone aeromagnetic survey has identified significant geological features. The management believes the property is suitable for low-cost open pit mining and heap leach recovery methods.

Bitterroot Resources Ltd. has announced the mobilization of a drill rig for its Coyote Sinter project in Elko County, Nevada. The drilling will test the Chevron fault with three HQ-sized core holes, reaching depths of 200-250 metres to assess potential high-grade gold and silver mineralization. This initial drilling program, expected to last 4-6 weeks, follows earlier shallow drilling that revealed significant anomalous levels of gold and other elements. Additionally, the company has secured leases on 280 acres of adjacent land, expanding its control over approximately three kilometres of strike length.

Bitterroot Resources Ltd. (TSXV:BTT) has completed its winter drilling program on the LM Property in Michigan, targeting nickel-copper-platinum-palladium mineralization akin to Lundin Mining's Eagle orebodies. The program involved 26 holes, with significant mineralization noted in 10 holes. Key intercepts included 5.38 meters of mineralization in hole LM 22-24 and substantial sulfide textures indicating a dynamic magma conduit environment. Future drilling is planned to target the down-plunge extent of the conduit and other magnetic targets.

Bitterroot Resources Ltd. has released an update on its LM Property in Michigan, exploring for nickel-copper-platinum-palladium mineralization. The drilling program, shared with partner Below Exploration, has completed 1,160 metres across four holes. Significant findings include 3.10, 2.04, and 5.38 metres of nickel-copper sulphide mineralization in initial holes. Drill hole LM 22-25 revealed a 5.1-metre mineralized interval, suggesting deeper potential for the conduit. Drilling will pause for spring break-up and resume in early May.

Bitterroot Resources Ltd. provides an update on its precious metals exploration in Nevada while progressing on magmatic nickel/copper drilling in Michigan. The Coyote Sinter claims in Elko County have identified promising drilling targets through a CSAMT survey, leading to plans for drilling in late 2022. The Castle claims in Esmeralda County, known for low-grade mineralization, will test for high-grade gold/silver at depth. Both projects have BLM approval for multiple drill sites, contingent on financing and equipment availability.

Bitterroot Resources Ltd. is set to resume drilling at its LM nickel-copper property in Michigan during the week of January 10, 2022. The focus will be on the southeast quadrant of the LM intrusion, targeting depths below 250 metres. The first hole, LM 22-22, is being drilled near previous high-grade intersections, including 0.75 metres grading 5.16% nickel and 1.18% copper. Bitterroot holds a 51% stake in the project, funded alongside its partner Below Exploration Inc. for further exploration.

Bitterroot Resources Ltd. has reported assay results for drill holes LM 21-13 and LM 21-14 from its LM Project in Michigan, confirming significant nickel and copper mineralization. Hole LM 21-13 revealed 2.68m of upper disseminated mineralization with nickel grades up to 0.33%. In contrast, LM 21-14 showed lesser results, with no significant mineralization found. The ongoing drilling aims to enhance understanding of the mineralization's orientation, with additional holes planned before winter. The project is funded by Bitterroot (51%) and Below Exploration (49%).

Bitterroot Resources Ltd. has reported significant findings from its drilling program at the LM nickel-copper-PGM project in Michigan, with hole LM 21-10 revealing 2.3 meters of sulphide mineralization, including 0.93% nickel and 0.77% copper. The results suggest a continuation of high-grade mineralization in the area. A non-brokered private placement of up to 10 million units at C$0.10 is planned, with proceeds aimed at further drilling and exploration activities. The drilling program is set to resume in late May.