Trans Superior Resources, Inc., a Michigan subsidiary of Bitterroot Resources Ltd., has been awarded up to US$5,223,431 in Defense Production Act Title III funding from the U.S. Department of War to support exploration at the LM nickel-copper project in the Upper Peninsula of Michigan.

The federal investment is structured on a 50/50 cost-share basis and will directly fund exploratory drilling, geophysical and geochemical surveys, and permitting. Trans Superior acts as the project operator with a 51% ownership stake, while privately held Below Exploration Inc. holds the remaining interest.

The non-dilutive capital changes the funding dynamics for the joint venture, allowing partners to target deeper, untested sections of the LM magma conduit.

Building on previous work that involved 7,565 metres of drilling across 26 core holes to a depth of 300 metres, Trans Superior plans to launch an expanded drilling campaign in the fourth quarter of 2026.

The upcoming program will consist of approximately 15 to 20 core holes ranging from 500 to 700 metres in length. Operations will trace the LM conduit downward into the 400 to 700-metre depth range, accompanied by borehole electromagnetic and other geophysical surveys designed to vector toward potential accumulations of massive nickel and copper sulphides.

"The Department of War's DPA Title III funds are a significant investment in our shared goal to locate a high-grade domestic source of nickel. The non-dilutive funds will reduce our cost of capital and allow the LM Project partners to finance and resume an aggressive drilling program on the highly prospective LM magma conduit."

— Michael Carr, CEO of Bitterroot and Trans Superior

Read the full announcement: Bitterroot Resources Awarded US$5.22 Million by the US Dept of War for the LM Nickel-Copper Exploration Project, Michigan