Vancouver, British Columbia - BTU Metals Corp. reports that Aurum Exploration Services has been contracted to manage the upcoming drill program at the Lee Property located in Galway, Ireland. Aurum is a premiere geological consulting firm based in Ireland with offices located 10 km from the Galway properties. The principals at Aurum have [...]
Vancouver, British Columbia - BTU Metals Corp. announces further encouraging assays in gold, silver and copper from the Galway Project, Ireland, resulting in two new drill target zones being defined. The BTU Exploration Team has received assay results of samples collected on the recent field trip to Galway. The samples were processed at the lab [...]
Vancouver, British Columbia - BTU Metals Corp. reports that the geological team has concluded its field visit to confirm findings on the Lee property in Galway, Ireland. Given the Dalradian formation, high grade gold rock samples at surface from an exposed vein and beyond wide-spread positive soil samples containing gold, and geologic and [...]
Vancouver, British Columbia - BTU Metals Corp. reports that it is currently mid-way through the previously announced drill program at its Shakespeare Gold properties including the historic Shakespeare Mine shaft. Drilling has resumed after a pause due to the deep freeze in the area. Two of four planned drill holes are now complete. The historic [...]
Vancouver, British Columbia - BTU Metals Corp. reports that the GPR survey has uncovered an interpreted “vein-type” structure at Galway. The BTU team has been mobilized with the objective to tie in the gold and arsenic soil anomalies with multi-gram gold assays known from outcrop and float samples; as there appears to be a strong correlation. The [...]
BTU Metals reports the following exploration program update for the Company's Galway Gold property. The Exploration Team is currently conducting geological mapping, sampling, prospecting, as well as Magnetometer, and Ground Penetrating Radar surveys at the Lee, Teernakill, Fooey, and Glenlusk target areas. At the Lee area, a new vein has been [...]
Vancouver, British Columbia - BTU Metals Corp. is pleased to announce the appointment of Mr. Douglas Hunter, M.Sc., P. Geo, to the Board of Directors. He will also act as the Company’s Qualified Person and join the Audit Committee. Mr. Hunter has worked continuously in mineral exploration and mineral deposit evaluation professionally for the past [...]
Vancouver, British Columbia - BTU CAPITAL CORP. announces drill permits are in place and crews have been mobilized to the Company's Shakespeare Gold Project, located three kilometers northeast of Webbwood, Ontario. Work will include prospecting of the 2012 Induced Polarization chargeability anomalies which are interpreted to extend from the [...]
BTU Metals Corp. reports it has commenced work at its Galway Gold property located in County Galway, Republic of Ireland. The company is targeting orogenic and low-sulphidation mineralization based on the following factors: Location within the Caledonian orogenic zone. Favourable lithologies for metal precipitation within the Dalradian Supergroup [...]
Vancouver, British Columbia (FSCwire) - BTU CAPITAL CORP. (“BTU” or the “Company”) (BTU-TSX:V) is pleased to announce the appointment of Richard O’ Shea to the Board as a non-executive Director. Richard brings over 20 years of experience in the mining and exploration sector, most recently as CEO and Director of Unicorn [...]
Vancouver, British Columbia (FSCwire) - BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX:V) announces that further to its news releases dated September 14, 2017 and October 2, 2017 it has completed the second and final tranche of a non-brokered private placement. The total raised in the oversubscribed financing for the two tranches was 6,381,000 [...]
BTU Metals is pleased to announce the Company has closed a first tranche of its previously announced non-brokered private placement issuing 5,114,500 units at a price of $0.12 per Unit for an aggregate proceeds of $613,740. Each Unit is comprised of one common share and one half of one Share purchase warrant of the Company. Each full Warrant will [...]