Feb 09, 2009
Bitterroot Increases Ownership Of Mineral Creek Project To 75 Percent
Bitterroot Resources Ltd. (BTT, TSX-V) has increased its ownership interest in the high-grade Mineral Creek gold project near Port Alberni, British Columbia to 75 percent. Bitterroot has earned its 75 percent interest in the 6,960 hectare (17,200 acre) Mineral Creek property by completing over C$2,000,000 of exploration expenditures, making cash payments totaling C$260,000 and issuing 650,000 common shares to the vendor over a four year period.
In 2009, Bitterroot and its partner, Mineral Creek Ventures Inc., plan to;
ON BEHALF OF THE BOARD OF DIRECTORS
Michael S. Carr
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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.