Bitterroot Resources Ltd. - Nighthawk Gold/Silver Project - Drill Permit Issued
Bitterroot Resources has received approval from the US Bureau of Land Management for its Notice of Operations at the Nighthawk Gold/Silver Project in Nevada's Walker Lane gold district. The permit allows construction of up to 15 drill sites on their 240-claim property. The company plans to conduct 3,000-4,000 metres of reverse circulation drilling across 15-20 angled holes, targeting near-surface epithermal oxide gold/silver deposits. The project area, located 30 miles west of Tonopah, features seven miles of linear magnetic lows with mineralized float and is accessible year-round. The claims are 100%-owned by the company with no underlying royalties.
Bitterroot Resources ha ricevuto l'approvazione dal Bureau of Land Management degli Stati Uniti per il suo Notifica di Operazioni presso il Progetto Nighthawk Gold/Silver nel distretto oro Walker Lane del Nevada. Il permesso consente la costruzione di fino a 15 siti di perforazione sulla loro proprietà di 240 rivendicazioni. L'azienda prevede di eseguire 3.000-4.000 metri di perforazione a circolazione inversa su 15-20 fori inclinati, mirando a depositi di oro/argento ossidato epitimale a bassa profondità. L'area del progetto, situata a 30 miglia a ovest di Tonopah, presenta sette miglia di bassi magnetici lineari con materiale mineralizzato e è accessibile durante tutto l'anno. Le rivendicazioni sono di proprietà al 100% dell'azienda senza diritti reali sottostanti.
Bitterroot Resources ha recibido la aprobación de la Oficina de Gestión de Tierras de EE. UU. para su Aviso de Operaciones en el Proyecto Nighthawk Gold/Silver en el distrito de oro de Walker Lane, Nevada. El permiso permite la construcción de hasta 15 sitios de perforación en su propiedad de 240 reclamos. La empresa planea realizar de 3,000 a 4,000 metros de perforación por circulación inversa a través de 15-20 agujeros inclinados, apuntando a depósitos epithermales de oro/argentos oxidados cerca de la superficie. El área del proyecto, ubicada a 30 millas al oeste de Tonopah, presenta siete millas de bajos magnéticos lineales con mineralización flotante y es accesible durante todo el año. Los reclamos son 100% propiedad de la empresa sin regalías subyacentes.
비터루트 리소스는 네바다의 워커 레인 금 광구에 있는 나이세호크 금/은 프로젝트에 대한 작업 공고에 대해 미국 내국리국의 승인을 받았습니다. 이 허가는 240개의 청구 재산에 대해 최대 15개의 드릴 사이트 건설을 허용합니다. 회사는 지표 가까운 에피터말 산화 금/은 매장층을 목표로 15-20개의 경사진 구멍을 통한 3,000-4,000미터의 리버스 순환 시추를 수행할 계획입니다. 프로젝트 지역은 토노파에서 30마일 떨어진 곳에 위치하며, 7마일의 선형 자기 저점을 특징으로 하고 있으며, 연중 내내 접근할 수 있습니다. 청구권은 회사가 100% 소유하며, 어떠한 기본 로열티도 없습니다.
Bitterroot Resources a reçu l'approbation du Bureau de la gestion des terres des États-Unis pour son Avis d'opérations au projet Nighthawk Gold/Silver dans le district aurifère de Walker Lane, au Nevada. Le permis permet la construction de jusqu'à 15 sites de forage sur leur propriété de 240 revendications. L'entreprise prévoit de réaliser entre 3 000 et 4 000 mètres de forage à circulation inversée sur 15 à 20 trous inclinés, ciblant des dépôts d'or/argent oxydés épithermaux près de la surface. La zone du projet, située à 30 miles à l'ouest de Tonopah, présente sept miles de basses magnétiques linéaires avec des matériaux minéralisés et est accessible toute l'année. Les revendications sont détenues à 100 % par l'entreprise sans redevances sous-jacentes.
Bitterroot Resources hat die Genehmigung des US Bureau of Land Management für seine Betriebsanzeige beim Nighthawk Gold/Silver Project im Walker Lane Goldgebiet in Nevada erhalten. Die Genehmigung erlaubt den Bau von bis zu 15 Bohrstellen auf ihrem 240-Claim Grundstück. Das Unternehmen plant, 3.000 bis 4.000 Meter Reverse-Circulation-Bohrungen über 15 bis 20 geneigte Löcher durchzuführen, die sich auf oberflächennahe epithermale oxide Gold-/Silbervorkommen konzentrieren. Das Projektgebiet, das 30 Meilen westlich von Tonopah liegt, weist sieben Meilen linearer magnetischer Tiefs mit mineralisiertem Schwimmmaterial auf und ist das ganze Jahr über zugänglich. Die Claims sind zu 100 % im Besitz des Unternehmens ohne zugrunde liegende Lizenzgebühren.
- Received BLM drilling permit for Nighthawk Gold/Silver Project
- 100% ownership of claims with no underlying royalties
- Year-round accessibility via paved highway
- Strategic location near existing Boss Mine and Castle/Berg oxide gold deposits
- Greenfields exploration project with no proven resources
- Requires significant capital expenditure for drilling program
VANCOUVER, BC / ACCESSWIRE / October 31, 2024 / Bitterroot Resources Ltd.'s (TSXV:BOTT) subsidiary Trans Superior Resources, Inc. ("the Company") reports that the US Department of the Interior's Bureau of Land Management, Tonopah Field Office (BLM) has determined that the Company's Nighthawk Gold Project Notice of Operations (Notice) is complete. The BLM-approved Notice allows the construction of up to 15 drill sites and associated overland travel on the 240-claim Nighthawk Gold/Silver Project, located in the Walker Lane gold district, 30 miles west of Tonopah, NV.
The Company's management is planning 3,000-4,000 metres of reverse circulation drilling in 15-20 angled holes testing geophysical (drone magnetics) and geological targets prospective for near-surface epithermal oxide gold/silver deposits. These greenfields targets occur along seven miles of prominent linear magnetic lows with gold/silver mineralized float seen downslope on the gently sloping pediment surface. The Boss Mine and Castle/Berg oxide gold deposits are located on third party claims immediately east of and contiguous with Nighthawk. Overburden depths are expected to range from 0-30 metres. The project area is at low elevation and accessible year-round by a paved highway and existing gravel roads.
These unpatented claims are
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
Director
Mr. Rick Streiff, CPG, is the Qualified Person responsible for the technical content of this news release.
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:Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects" or "it is expected", or variations of such words and phrases or statements that certain actions, events or results "will" occur. 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 events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws. For such forward-looking statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.
Contact:
Name: Michael Carr
Phone Number: 604 922 1351
Email Address: infoman@bitterrootresources.com
SOURCE: Bitterroot Resources Ltd.
View the original press release on accesswire.com
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