BTU Metals announces it has arranged a non-brokered private placement of up to 2,500,000 flow-through units at a price of $0.30 per FT Unit, for aggregate gross proceeds of up to $750,000. 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 [...]
Key Developments The Spatiotemporal Geochemical Hydrocarbon soil sampling program results indicate two distinct zones with a high probability of indicating areas hosting gold mineralization in the Dixie Creek Target within the relatively small area surveyed BTU will drill test the SGH anomalies shortly and meanwhile drilling is continuing at the [...]
TNT Target Extended by 600 m to 1600 m Key developments: Step-out drilling perpendicular to strike of TNT target has intersected 99.8 metres of visible copper mineralization in a hole collared 355 metres east of the discovery hole , as well as a minimum of 62.3 metres of near surface visible copper mineralization collared 165 metres east of the [...]
Accelerates Acquisition of Dixie Halo South-East Extension BTU Metals Corp. announces it has commenced its 2020 drill program on the TNT target and has accelerated the acquisition of the Dixie Halo South-East extension property, announced October 28, 2019. 2020 Drill Program Commences The Company has restarted drilling operations on the TNT target [...]
BTU Metals Corp. announces the following update on exploration activities and progress on a number of initiatives at its Dixie Halo Property adjacent to the Great Bear Resources Ltd. Dixie Project near Red Lake Ontario. TNT TARGET The current extent of the VTEM data only partially covers the TNT target, up to the boundary of the property prior to [...]
BTU Metals Corp. announces the drill core assay results from the new TNT target that could potentially host gold enriched volcanogenic massive sulphide mineralization. Hole 13, the polymetallic discovery hole, intersected mineralogy, alteration, and mineralization consistent with the footwall of a VMS system. Polymetallic mineralization was [...]
BTU Metals Corp. announced on November 28th it had discovered indications that the new TNT target could potentially host volcanogenic massive sulphide mineralization. Partial results had been received for hole 13 showing elevated copper, gold and silver assays. The Company is still awaiting the remaining results and over-limit assays for numerous [...]
BTU Metals Corp. announced today that in the course of its current drill campaign towards the southern portion of the Dixie Halo property, BTU has discovered compelling indications suggestive of a notable volcanogenic massive sulphide target. Partial results have been received to date for hole 13 showing elevated copper, gold and silver numbers [...]
BTU Metals Corp. is pleased to announce that it has commenced a Spatiotemporal Geochemical Hydrocarbons soil sampling program over two areas on its Dixie Halo property. The goal of the SGH program is to aid in prioritizing drill targets using a modern exploration technique that has proven successful at identifying bedrock gold mineralization below [...]
BTU Metals Corp. is pleased to announce that it has entered into an investor relations agreement with Proconsul Capital Ltd. . The IR Agreement is effective as of November 1, 2019 and can be terminated at any time thereafter, by providing 30 days written notice and is subject to TSX-V approval.Proconsul will assist the Company by undertaking [...]
BTU Metals Corp. is pleased to announce that the Company has entered into a purchase agreement with an arms-length vendor to acquire 94 claims adjoining the eastern and southern boundaries of BTU's Dixie Halo project in Red Lake, Ontario. This brings BTU's property position in Red Lake up to 14,813 hectares or approximately 150 square kilometres [...]
BTU Metals Corp. is pleased to provide the following update on its ongoing exploration activities at its Dixie Halo project located in Red Lake, Ontario. Highlights: LP Fault identified near north boundary with Great Bear Resources Anomalous gold in drill holes up to 1.8 g/t SGH Survey planned to identify new targets Historic un-assayed core [...]
