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. The Company is currently drilling the eighth hole of the program with 7 holes, totalling approximately 1,300 meters, now complete. Drilling to date has focused on testing IP anomalies near the [...]
BTU Metals Corp. announces that core drilling is underway at the Company €™s Dixie Halo properties , contiguous to the Great Bear Resources Ltd. Dixie Project near Red Lake Ontario. The Company also announces that other exploration initiatives including additional geophysical surveying are underway. The Company currently plans to complete a minimum [...]
BTU Metals Corp. is pleased to announce the appointment of Ms. Margot Naudie to the BTU Board of Directors and Audit Committee. Ms. Margot Naudie, CFA is President of Elephant Capital Inc. Ms. Naudie has 25 years of investment experience managing long-only, long/short, and global natural resource strategies. Her extensive experience in mining [...]
BTU Metals Corp. announces that further to the Company's news release of June 24, 2019 an amendment has been made to the issuance of Finder's units in connection with the private placement. The Company originally announced having issued 645,778 finder's units consisting of one non-flow through Finder's share and 248,815 Finder's warrants entitling [...]
BTU Metals Corp. is pleased to announce that further to its press releases dated June 10th and June 11th, 2019 the Company has closed the fully subscribed non-brokered flow through private placement. The Company issued 11,000,000 flow through units at a price of $0.135 per Unit for aggregate gross proceeds of $1,485,000.00. Each FT Unit is [...]
BTU Metals Corp. is pleased to announce that the previously announced private placement has been fully subscribed. Funds raised will be used for ongoing work programs at the Dixie Halo Project located in Red Lake, Ontario, contiguous to Great Bear Resources Ltd. , as the Company prepares for its maiden drill program this summer. [...]
BTU Metals Corp. is pleased to announce it has arranged a non-brokered private placement of up to 11 million units at a price of $0.135 per Flow Through Unit for aggregate gross proceeds of $1,485,000.00 . Each Unit will be comprised of one flow through common share and one-half of one transferable non flow-through share purchase warrant of the [...]
BTU Metals Corp. has contracted Forage M3 Drilling Service Inc, of Hawkesbury, Ontario to execute the upcoming drill program at the Company's Dixie Halo properties, contiguous to Great Bear Resources Ltd. in Red Lake. BTU has identified six target areas, which the technical team is currently validating with analysis of the recently completed [...]
BTU Metals Corp. is pleased to announce initial field program findings from an interpreted D2 structural trend parallel to the one hosting the high grade Hinge Zone of Great Bear Resources Ltd.'s Dixie Gold Project in the Red Lake district, Ontario. Highlights of this release: New highly prospective gold environment found approximately 1,200 meters [...]
BTU Metals Corp. is pleased to announce it has mobilized its exploration team at Dixie Halo, Red Lake, contiguous to Great Bear Resources Ltd.. The previously announced high resolution drone magnetic survey is nearing completion and the prospecting team is on the ground surveying and ground proofing identified drill targets, mapping outcrop and [...]
BTU Metals Corp. is pleased to announce the appointment of Mr. Jean-Marc Lacoste to the BTU Board of Directors and Audit Committee. Mr. Lacoste is currently President, CEO and Director of Monarch Gold, a gold producer with a Measured & Indicated resource in excess of 2.5 million ounces. Monarch Gold is listed under the symbol MQR on the Toronto [...]
BTU Metals Corp. announces the appointment of Mr. Victor Bradley to its Board of Directors effective immediately to assist in guiding the Company with regards to both the Dixie Halo gold project located in Red Lake, Ontario as well as its project portfolio located in Ireland. Educated in England, Vic is a Chartered Professional Accountant with more [...]