May 29, 2008
Molybdenum / Copper Mineralization North Brenda Project, B.C.
Bitterroot Resources Ltd. (BTT, TSX-V) has received the results of its initial drill test of the North Brenda molybdenum/copper property, located 30 kilometres west of Westbank, B.C. The 44 square-kilometre North Brenda property is located immediately north of the Brenda Mine (177 million tonnes grading 0. 043% Mo and 0. 169% Cu), which operated from 1970 to 1990.
Five diamond drill holes, totaling 1,397 metres, were completed in late 2007 to test molybdenum and copper-in-soil geochemical anomalies coincident with Induced Polarization chargeability anomalies. The anomalies occur north-northeast of the Brenda open pit, along the previously documented Brenda mineralized trend (see attached figures). Outcrops in the vicinity of the drill sites are mineralized with molybdenite and chalcopyrite-bearing vein and fracture-controlled mineralization typical of that occurring at the Brenda mine.
Holes 11, 12 and 13 were drilled from a single setup located approximately 800m NNE of the Brenda Mine open pit. All three holes were mineralized from top to bottom with millimetre to centimetre-scale, molybdenum and copper-bearing veins emplaced into what is inferred to be a continuation of the granitic intrusive body which hosts the Brenda deposit. The tenor and orientation of the mineralization intersected in these 3 holes is similar to that found in the Brenda ore body.
Drill holes 14 and 15 were drilled from a drill site located approximately 1300m NNE of the first setup, in an area of with known molybdenum and copper-bearing veins in the favourable granitic rocks (see attached figures). Both holes were weakly mineralized throughout. The holes intersected an average of 2 to 3 veins per metre, but several narrower sections, which averaged up to 5 veins per metre, yielded somewhat better intersections, such as the 48.0m interval in hole 15 which averaged .064% Cu, .008% Mo.
These initial drill results bode well for the discovery of additional mineralization within a 1.5 kilometre-long trend defined by highly anomalous molybdenum and copper-in-soil geochemistry and IP chargeability anomalies which are coincident with the strongest soil geochemical values. Additional IP surveys and soil sampling are planned for the upcoming 2008 summer field season. Drilling is currently expected to resume in late 2008.
Reconnaissance soil sampling in 2007 has identified four other areas with anomalous gold-in-soil on the northern part North Brenda property. These road-accessible targets will also be followed up in the 2008 field season.
Mr. Charles Greig, P.Geo is the Qualified Person responsible for the design and implementation of exploration programs on the North Brenda project. Analyses were done at ALS Chemex in North Vancouver, BC, by ICP-AES and fire assay/AA.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
FORWARD LOOKING STATEMENTS: 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 results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.
Click to Enlarge
Click to Enlarge