Bitterroot Resources Ltd.Bitterroot Resources Ltd. is engaged in the acquisition and exploration of mineral properties, primarily in Arizona, Michigan and British Columbia.
In late 2016, the Company's Board of Directors approved a strategy of adopting a precious metals focus for future exploration and development activities. Initially these efforts will be concentrated on the Hackberry property, a former high-grade silver producer in Mohave County, Arizona. The Hackberry claims host the past-producing Old Hackberry (Sunshine), South Hackberry and Silver King high-grade silver mines. Bitterroot currently controls 12 patented and 97 unpatented claims covering over 6 kilometers of the Hackberry mineralized trend. Bitterroot's sampling and historical documents available at the Arizona Geological Survey's ("AZGS") digital archive confirm the presence of high-grade silver mineralization on the Hackberry and Silver King claims. Surface exploration programs will commence in March 2017, with drilling planned to start in September 2017.
In Michigan, Bitterroot owns a 49.9% interest in more than 360 square miles of mineral rights in Michigan's Upper Peninsula. Bitterroot's partner Altius Minerals Corporation currently owns 50.1% of the Michigan mineral rights and has the option to earn up to 80% by funding C$7.5 million of exploration expenditures prior to September 2025. Bitterroot and Altius' management have identified several targets which are prospective for Ni/Cu/PGM-bearing sulphide deposits similar to Lundin Mining's high-grade Eagle deposit. Altius is the operator of the Michigan joint venture.
In British Columbia, Bitterroot has initiated permitting to drill test the road-accessible "Plateau Zone", a 2 km-long zone hosting high-grade gold-silver veins and gold-silver-arsenic-in-soil anomalies.