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Bitterroot Resources Ltd

Publié le 30 septembre 2013

Drilling Program Starts

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Mots clés associés :   Copper | Nickel | Palladium |

Re:       News - Monday, September 30, 2013
Title:     Drilling Program Starts

Bitterroot Resources Ltd.'s drilling contractor has commenced a 2,500-metre core drilling program to test several nickel/copper/platinum/palladium (Ni-Cu-PGM) targets located on the Company's 100 percent-owned mineral rights in the Upper Peninsula of Michigan.

Drilling will test geological and geophysical targets developed during ground based geophysical surveys which were conducted in the past year. The targets display coincident gravity, magnetic and electromagnetic responses in geological environments favourable for the accumulation of conduit-hosted magmatic Ni-Cu-PGM deposits.

The Lake Superior region's Mid-Continent Rift hosts several notable high-value conduit-hosted Ni-Cu-PGM deposits such as Lundin Mining Corporation's Eagle and Eagle East, plus Rio Tinto's Tamarack deposit. In light of the recent discoveries within the region, Bitterroot is continuing its land acquisition activities in Michigan.

Bitterroot has formed a Technical Advisory Committee consisting of Dr. Tony Naldrett and Mr. Glenn Scott, who will advise management throughout the drilling program. Tony Naldrett is an internationally-recognized authority on the geology, mineralogy and chemistry of magmatic sulphide ore deposits. Glenn Scott is a professional geologist with over 40 years of experience in mining and mineral exploration.

Mr. Andy Bite, P.Geo is the Qualified Person responsible for the content of this news release

ON BEHALF OF THE BOARD OF DIRECTORS


Michael S. Carr
Director


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.


View in PDF:
http://www.bitterrootresources.com/i/pdf/nr2013-09.pdf

Copyright � 2013 BITTERROOT RESOURCES LTD. (BTT) All rights reserved. For more information visit our website at http://www.bitterrootresources.com/ or send email to infoman@bitterrootresources.com ..

Bitterroot Resources Ltd

PRODUCTEUR
CODE : BTT.V
ISIN : CA0919011084
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Bitterroot est une société d’exploration minière d'argent et d'or basée au Canada.

Son principal projet en production est MINERAL CREEK (DEBBIE) au Canada et ses principaux projets en exploration sont UPPER PENINSULA MICHIGAN (URANIUM), UPPER PENINSULA MICHIGAN (NICKEL-COPPER), BIG SOUTHEASTER, SPN, GK et NORTH BRENDA au Canada.

Bitterroot est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 587 600 CA$ (429 124 US$, 402 519 €).

La valeur de son action a atteint son plus haut niveau récent le 05 avril 2007 à 9,90 CA$, et son plus bas niveau récent le 22 avril 2024 à 0,02 CA$.

Bitterroot possède 29 380 000 actions en circulation.

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Financements de Bitterroot Resources Ltd
28/02/2014C$250,000 Unit Financing
14/08/2013Financing Closed
07/08/2013Financing Update
10/06/2013C$1,530,000 Unit Financing
02/05/2012Closes Sale Of Mineral Creek Claims And Financing
30/06/2011Closes C$209,000 financing
14/06/2011C$200,000 Financing
26/11/2008C$420,000 Flow-Through Financing
10/03/2006Retains toll cross securities as agent for a private placeme...
Projets de Bitterroot Resources Ltd
14/01/2014Michigan Exploration Update
23/10/2013Drilling Update
30/09/2013Drilling Program Starts
30/04/2013Gravity and Electromagnetic Surveys Yield High-Priority Ni-C...
12/02/2013Michigan Geophysical Surveys Defining Drill Targets
10/09/2012Aeromagnetic Surveys Completed at Windy Gold Project, Nunavu...
05/09/2012New Ni/Cu/PGM Targets Identified In Michigan
13/05/2011(Gk)Drills GK Gold Property
17/12/2009(North Brenda)Discovers High-Grade Gold Mineralization at North Brenda, B...
07/02/2008(Mineral Creek (debbie))Underground Sampling Returns Bonanza Grades up to 52.4 oz G...
03/08/2007(Mineral Creek (debbie))Mineral Creek Bulk Sample Permit Received
09/06/2006(Upper Peninsula Michigan (nickel-copper))land holdings increased at Mineral Creek, BC
Communiqués de Presse de Bitterroot Resources Ltd
20/03/2014Drilling Paused
07/03/2014C$260,000 Unit Financing Closed, Drilling Starts
19/04/2013Glenn Scott, PG, Joins Bitterroot Resources' Technical Advis...
25/03/2013Dr. Anthony Naldrett Joins Bitterroot Resources' Technical A...
06/02/2013Adopts Shareholder Rights Plan
30/06/20092nd Quarter Financial Statements and Management Discussion ...
02/07/2008Fwd: Bitterroot Resources Adds to Coal Lands
01/03/2008CONSOLIDATED FINANCIAL STATEMENTS
10/04/2007Uranium Mineralization Intersected in Michigan Drilling
05/04/2006(Upper Peninsula Michigan (nickel-copper))Options North Brenda molybdenum/copper/gold property
04/04/2006(Upper Peninsula Michigan (nickel-copper))Completes Can$2,735,750 financing
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