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TSX-V: BTT $0.04

Mineral Exploration in USA & Canada


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LM Property

Bitterroot Resources Ltd.(51%) and its partner Below Exploration Inc. (49%) are currently exploring the LM Property for high-grade nickel-copper-platinum-palladium deposits similar to Lundin Mining's high-grade Eagle and Eagle East mines in the Upper Peninsula of Michigan. Four core holes totaling 1,411 metres were completed between June and August 2020. Drilling has intersected a 5.3 metre interval (4.8 metres estimated true thickness) of mafic/ultramafic rock with disseminated blebs of chalcopyrite, pentlandite and pyrrhotite. This interval grades 0.62% copper, 0.58% nickel and 0.327 grams Au+Pd+Pt/tonne. Management is encouraged by the relatively high metal content of this disseminated mineralization. Using a formula developed by Dr. Anthony Naldrett, massive sulphides of this metal tenor would contain approximately 5.7-8.2% nickel, 7.7-8.6% copper and 1.8-4.7 ppm platinum+palladium. At Lundin Mining's Eagle Mine and elsewhere in the Mid-Continent Rift region, disseminated sulphides of this type occur around bodies of massive and semi-massive sulphide mineralization. Following completion of core logging and data compilation, Bitterroot and Below are committed to continuing exploration of this highly prospective target.