Option Agreement To Acquire Coyote Sinter Gold/Silver Project


VANCOUVER, BC - Bitterroot Resources Ltd.'s US subsidiary Bitterroot has entered into a mining lease, with an option to purchase, with Geological Services, Inc. (GSI) on the 31-claim Coyote Sinter gold/silver project in Elko County, Nevada.

The Coyote Sinter property is located 9 kilometers east of the historic Tuscarora mining district, on the southern edge of the Jerritt Canyon (Independence) Mining District. The property hosts a fully-preserved low sulfidation epithermal (hot spring) system, with outcropping silica sinter, which defines the original paleo surface. Geochemical surveys of soil and rock chips across the sinter area host highly anomalous antimony, mercury, gold and arsenic. Four shallow angle holes drilled by Chevron Minerals in the 1980's confirmed the favorable epithermal geochemical signature. The Chevron holes were not drilled deep enough to test the high-grade precious metals-bearing zones at the optimal depth, which is estimated to be 200 to 400 meters below the current surface.

The Coyote Sinter claims are located on Federal (BLM-administered) lands. Initial low-cost field work will include an expanded soil survey, alteration mapping and ground geophysics to define further targets beneath the outcropping sinter. Core drilling to test below the historic Chevron drill holes is planned for the fall of 2020.