Slide 1: Corporate Presentation July 2025
TSX-V: BTT July 2025 CORPORATE PRESENTATION
Slide 2: Disclaimer
Disclaimer C O R P O R A T E This presentation (the “Presentation”) has been prepared by Bitterroot Resources Ltd. (the Neither the receipt of this Presentation by any Recipients, nor any information contained herein or “Company”) solely for information purposes. supplied herewith or subsequently co
Slide 3: LM Project - Ownership
LM Project - Ownership • 51 % Bitterroot Resources Ltd. (operator) Symbol BTT, listed on the TSX-Venture Exchange • 49% Below Exploration, Inc. A privately-owned Michigan corporation Targeting high-grade magmatic nickel-copper sulphides in the western Upper Peninsula of Michigan
Slide 4: Regional Geology & Deposits – Upper Peninsula of Michigan
REGIONAL GEOLOGY & DEPOSITS – Upper Peninsula of Michigan L M N I C K E L P R O J E C T Boulderdash Ni-Cu prospect Voyageur Area of Interest Source: Rossell and Strandlie, 2024, Potential links between the Midcontinent Rift (MCR) related Baraga-Marquette dyke swarm and early MCR related magmatic Ni-
Slide 5: The Roland trend is highly prospective
The Roland trend is highly prospective L M N I C K E L NEXT STEP – DRILL THE P R O J E C T LM GAP LM Project Boundary
Slide 6: Magma Conduits in Sedimentary Basins
Magma Conduits in Sedimentary Basins Rising Magma Source: Lesher, Can. J. Earth Sci. 56: 756–773 (2019)
Slide 7: Magma conduits - Schematic Longitudinal Section
Magma conduits - Schematic Longitudinal Section LM Project Disseminated Drilled sulphides and rip-up clasts Undrilled (speculative) Massive Sulphide Target Source: Lesher, Can. J. Earth Sci. 56: 756–773 (2019) Source: Bitterroot Resources Internal Report
Slide 8: Magma Conduits – Step Pattern Eagle East and LM Project
Magma Conduits – Step Pattern Eagle East and LM Project LM Project Disseminated sulphides and rip-up clasts Drilled Undrilled ??? (speculative) Massive sulphide targets Source: Lundin Mining NI 43-101 Technical Report on the Eagle Mine, Michigan, USA, (2022) Source: Bitterroot Resources Internal Rep
Slide 9: Magma conduits – Step Pattern Voisey’s Bay and LM Project
Magma conduits – Step Pattern Voisey’s Bay and LM Project Voisey’s Bay – Discovery Hill Dike LM Project Mineralized Conduit - Step Pattern Drilled Undrilled (speculative) Not to scale Source: Saumer et al, in Economic Geology, v. 110, pp. 691–711 (2015) Source: Bitterroot Resources Internal Report
Slide 10: Global Ni Deposits - Tonnage vs Grade
Global Ni Deposits - Tonnage vs Grade 20% ?? Newly-discovered LM Project Tamarack ultra-high- massive Unicorn zone grade zone = sulphides +6% Ni +20% Ni equiv. 7-8% NI + Cu 4% Off the chart !! 3% Tamarack could rapidly achieve “Giant” status (+ 1 MT Ni) in 2025 Modified after: Lesher and Houle, Intl
Slide 11: LM Project – Catalysts in 2025
LM Project – Catalysts in 2025 1. Lundin/Talon drilling at their Roland Target, 2. US$4.4 million Department of Defense Funding ? A work in progess with no guarantees of success, 3. Perseverance Metals Inc. planned IPO/TSX-V listing in September, BTT owns 1,689,334 shares, free trading 4 months late
Slide 12: Nevada – The Leading US Mining State
Nevada – The Leading US Mining State Walker Lane Gold District Nighthawk Gold Project 50 km west of Tonopah Silicon
Slide 13: “Pediment”
“Pediment” “A plain of eroded bedrock (often covered by a thin veneer.of alluvium) in an arid region, developed between mountain and basin areas” There is: outcrop sand gold mineralization ‘out there ! ae Gal: -)
Slide 14: Nighthawk Aeromagnetics (TMI)
Nighthawk Aeromagnetics (TMI) 1 km
Slide 15: Nighthawk Prospecting
Nighthawk Prospecting
Slide 16: Dr. Richard Sillitoe’s Porphyry Copper Model
Dr. Richard Sillitoe’s Porphyry Copper Model Lines 1-7 Epithermal Nighthawk Property Vein/Stockwork Erosional Level at Targets Line 22 (Au/Ag +/-Cu) Cu/Au/Mo in core Line 22 Near-Surface Porphyry Copper Target (Cu/Au/Mo) Pyrite-rich halo = low pH soils Line 22 analogy
Slide 17: Dr. Barry Smee’s Soil pH Model
Dr. Barry Smee’s Soil pH Model
Slide 18: Dr. Barry Smee’s IDH Factor
Dr. Barry Smee’s IDH Factor In one of those moments when you are amazed at your own stupidity, I realized that the leach Line 4 solution, being unbuffered, would mimic the Ca content of the soil. This presented the possibility that 8 (HydHCl/AR Calcium) *10 and pH a simple soil pH with distilled 7 w
Slide 19: Nighthawk Soil pH Survey
ITTERROOT f| RESOURCES LTD.
Slide 20: Nighthawk Soil Survey - IDH factor
Nighthawk Soil Survey - IDH factor Lines 19 – 20 Line 8 Line 22 Lines 1-10
Slide 21: Lines 3 and 5
Lines 3 and 5
Slide 22: Lines 6 and 7
Lines 6 and 7
Slide 23: Lines 8 and 11
Lines 8 and 11 No soil IDH response
Slide 24: Line 22 = 1 km - diameter Porphyry Cu/Au/Mo target
Line 22 = 1 km - diameter Porphyry Cu/Au/Mo target Test IDH + magnetic anomaly for a Cu/Au/Mo – rich core High gold grades are on theHigh-grade margins ofGoldintrusion Float as per Sillitoe’s Grams Au/Tmodel We have 3 more similar targets at Nighthawk Pyrite-rich halo = low pH soils
Slide 25: Lines 12 and 13 Soil IDH response with high-grade Gold
Lines 12 and 13 Soil IDH response with high-grade Gold on the margins of the Line 22 intrusion (?) as per Sillitoe’s model
Slide 26: Lines 20 and 21
Lines 20 and 21 IDH Response over a known, covered gold deposit !!
Slide 27: Nighthawk Project – Multiple Large Targets Permitted for Drilling
Nighthawk Project – Multiple Large Targets Defined by Aeromagnetics, Prospecting and Soil pH Permitted for Drilling 10 - 300 metre RC Holes Planned 1. 3 km-long epithermal oxide gold/silver target corridor (Lines 1-10) 2. 1 km-diameter porphyry Cu/Au/Mo target with peripheral high- grade Au/Ag veins
Slide 28: Bitterroot Resources – 5-year Chart
Bitterroot Resources – 5-year Chart • Symbol - BTT on the TSX Venture Exchange, BITTF on OTCBB • 105 million shares outstanding • Directors own 23 million shares • Plethora Precious Metals Fund owns 15 million shares • ~ C$5 million market capitalization • Huge leverage to USA exploration success •
Slide 29: Private Placement Terms and Use of Proceeds
Bitterroot Resources – Private Placement Terms • 20 million Units @ C$0.05 = C$1,000,000 = US$700,000 • Each Unit = 1 share + ½ Share Purchase Warrant • Warrant life = 2 years • Warrant exercise price = C$0.10 Use of Proceeds Drill Nighthawk Targets = US$450,000 Working Capital = US$250,000
Slide 30: Bitterroot Resources Ltd. – Contact
Bitterroot Resources Ltd. – Contact Michael Carr, CEO Bitterroot Resources Ltd. Trans Superior Resources, Inc. PO Box 91878 West Vancouver, BC, V7V 4S4 Canada 604 922 1351 www.bitterrootresources.com mscarr333@gmail.com or infoman@bitterrootresources.com