Underground Sampling Returns Bonanza Gold Grades

VANCOUVER - Bitterroot Resources Ltd.'s joint venture partner, Mineral Creek Ventures Inc. has extracted approximately 200 tonnes of gold-mineralized vein from an adit driven on the Lower Linda vein at the Mineral Creek project in British Columbia. Five chip samples collected from underground faces across the mineralized vein returned assays ranging from 0.86 oz Au/ton up to 52.4 oz Au/ton. Results of the chip sampling have confirmed that the Lower Linda Vein hosts extremely high grades of coarse native gold. Previous core drilling has identified high grade gold mineralization in the Lower Linda vein along a strike length of 270 metres and 40 metres down-dip. The Lower Linda vein system presents a unique opportunity for Bitterroot and Mineral Creek Ventures to develop a low-capital cost, low-impact gold mine with the potential to generate extremely attractive economic returns. The Lower Linda vein is part of a series of gold-bearing veins which are present in the Linda area.
Approximately 200 tonnes of mineralized vein material have been mined to date, plus approximately 500 tonnes of unstable near-surface waste material were removed to establish the portal. Bulk sampling costs incurred to date by Bitterroot and Mineral Creek Ventures are approximately C$140,000. Bulk sampling activities have been temporarily suspended due to the onset of winter weather and are expected to resume in the spring of 2008. A test-milling gravity circuit is currently being designed and equipment is being sourced. On-site milling of material from the Lower Linda vein is currently planned to commence in mid-2008.
Mineral Creek Ventures Inc. has received all permits to allow extraction of a 5,000-tonne bulk sample from the Linda veins. Bitterroot and Mineral Creek will share the costs and proceeds from the first 2,500 tonnes mined on a 50/50 basis, with the costs and proceeds of the next 2,500 tonnes shared on a 55% Bitterroot/45% Mineral Creek basis. In addition, drilling of other structurally-controlled gold targets on the 60 square-kilometre Mineral Creek property is planned to resume in the spring of 2008. Mineral Creek Ventures is the operator of the bulk sampling and drilling programs on the Mineral Creek property.
The company’s address is Suite 101, 1590 Bellevue Avenue, West Vancouver, BC V7V 1A7, 604-922-1351, fax: 604-922-8049, email: [email protected].