BTU Metals Corp. today announces that recent drilling intersected fine visible gold at a location northeast and ‘up ice' of an area where till sampling results over the past year have identified numerous gold grains at many locations. This first discovery of visible gold in bedrock was just drilled and has yet to be assayed. The discovery is [...]
New Gold-in-Till Results Vectoring Towards Dixie Halo Bedrock Gold New Western Prospective Gold Zone Discovered BTU Metals Corp. today provides an update on its exploration activities, including the ongoing drill program and new results from the 2020 till sampling program. Seven drill holes have been completed so far this fall with depths ranging [...]
BTU Metals Corp. has received its recently commissioned litho-structural interpretation report that focused on the evaluation of the current database for the Company's Dixie Halo property which included the publicly available data for the adjacent Great Bear Resources Ltd. Dixie property. The Company commissioned AussieCan Geoscience Inc. and [...]
BTU Metals Corp. is pleased to announce it has closed its previously announced non-brokered flow-through private placement for aggregate proceeds of $2,062,500 consisting of 7,500,000 flow-through units. Each flow-through unit is comprised of one common share of the company issued on a flow-through basis and one-half of one common share purchase [...]
BTU Metals Corp. is pleased to announce the commencement of core drilling operations on its Dixie Halo property adjacent to the Great Bear Resources Ltd. Dixie property near Red lake, Ontario. "We are excited to re-start drilling operations on our Dixie Halo property, a property that shares 35km of boundaries with Great Bear. We have outlined a [...]
BTU Metals Corp. is pleased to announce a non-brokered private placement for aggregate proceeds of $2,062,500 consisting of 7,500,000 flow-through units at a price of $0.275 per unit. Each flow-through unit shall be comprised of one common share of the company issued on a flow-through basis and one-half of one common share purchase warrant to be [...]
BTU Metals Corp. today announced it has obtained eligibility with The Depository Trust Company and Continuous Net Settlement in the United States, increasing access for U.S. investors for its common shares. DTC is a subsidiary of the Depository Trust & Clearing Corp., a U.S. company that manages the electronic clearing and settlement of publicly [...]
BTU Metals Corp. has commenced an induced polarization - resistivity survey program to help refine drill targets at its flagship Dixie Halo property. The current IP survey program is focused on an area of the property along the south-west to north-east geological and structural trend that mirrors some of the rock sequences on the Great Bear 'LP [...]
BTU Metals provides an update on the first batch of results from the ongoing 2020 gold in till sampling program at its flagship Dixie Halo property that shares a 35-kilometre border with Great Bear Resources Ltd.'s Dixie property. The current sampling program has been focused on an 8-kilometre long by 5-kilometre wide portion of the property along [...]
Highlights Initial AI data analysis completed on 67 square kilometres of the Dixie Halo property yield 35 new high priority gold target areas that warrant follow-up evaluation Property covers nearly 200 square kilometres and is largely overburden covered and only sparsely explored in most areas to date. Additional data processing and AI [...]
Highlights BTU hole 42 at TNT encountered a conductive zone of sulphide mineralization over 300+ meters including pyrite and intermittent disseminated chalcopyrite , no visual massive sulfides. BTU engages industry leading Volcanogenic Massive Sulphide deposit expert Prof. Harold Gibson to evaluate the potential of the TNT area. Drilling in the TNT [...]
BTU Metals is pleased to announce that further to its press releases dated June 8th, 2020 the Company has closed the non-brokered private placement. The Company issued 2.6 million common share units at a price of $0.20 per Unit for aggregate gross proceeds of $520,000. Each Unit consists of one common share and one-half warrant. Each full warrant [...]