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To: Goose94 who wrote (2842)1/11/2014 7:51:43 AM
From: Goose94Read Replies (1) | Respond to of 202691
 
BTT-V bounced off bottom.



To: Goose94 who wrote (2842)1/14/2014 5:55:54 PM
From: Goose94Respond to of 202691
 
Bitterroot Resources (BTT-V) Jan 14, '14 has completed a detailed gravity survey on its Target H and has completed land acquisition on its Target F. Both are nickel-copper-platinum-group-metal targets located on the company's 100-per-cent-owned mineral rights in the Upper Peninsula of Michigan.Target H

Bitterroot's geophysical contractor, Quadra Surveys, has completed an 800-station gravity survey on Target H. The survey covers 1.5 square miles of Bitterroot's mineral rights, which are adjacent to drill holes completed by Rio Tinto in 2012 on its leased mineral rights. The gravity survey covers approximately 40 line kilometres, with survey lines spaced 100 metres apart and survey stations spaced at 25- and 50-metre intervals on 80 per cent of the survey area and 100-metre intervals for the rest. From the results received to date, a 900-metre-long residual Bouguer gravity response has been derived, which is anomalous to about 1.0 milligal. This response is adjacent to a strong southwest-dipping Pulse electromagnetic conductor and an aeromagnetic high. The residual gravity response suggests excess mass exists downdip on the southwest-dipping Pulse EM conductor. Target H is prospective for mafic intrusion-hosted Ni-Cu-PGM mineralization, which may occur near its basal contact, or within associated magma conduits or feeder zones. The geological setting of Target H is similar to that of Lundin Mining's Eagle mine, which hosts Joint Ore Reserves Committee-compliant proven plus probable ore reserves of 5.3 million tonnes grading 3.1 per cent nickel and 2.5 per cent copper. Bitterroot has received all required permits, and management expects to drill-test Target H within the next 60 days.

Target F

In late December, the company completed the acquisition of 160 acres of privately owned mineral rights adjacent to its wholly owned and leased mineral rights. Target F hosts a 1.5-milligal residual Bouguer gravity high and coincident aeromagnetic low, which are interpreted to represent a pipe-like mafic intrusion. A Pulse EM survey has defined a weak conductive zone on the north side of the gravity/magnetic feature. Target F is also prospective for conduit-hosted Ni-Cu-PGM mineralization similar to the Eagle mine, and management also plans to drill test Target F within the next 60 days.



To: Goose94 who wrote (2842)3/6/2014 7:39:27 PM
From: Goose94Read Replies (1) | Respond to of 202691
 
Bitterroot Resources (BTT-V) March 6, '14 has closed a non-brokered private placement of 5.2 million units priced at five cents in a non-brokered private placement for gross proceeds of $260,000. Each unit consists of one common share and one common share purchase warrant, which is exercisable at 10 cents until March 4, 2015. The common shares, plus any common shares acquired through the exercise of warrants or broker warrants, are subject to a hold period expiring July 4, 2014.

The proceeds are being used to finance 1,500 metres of drilling in approximately six holes on the company's Target H nickel/copper/platinum-group-metal target in Michigan and for working capital. Management expects the drilling program will take approximately three weeks to complete.