BTU Metals Corp.

Vancouver, British Columbia - BTU Metals Corp.  is pleased to report it has accelerated terms of the agreement to purchase Gold Note Ltd., holder of the Company's flagship Galway project located in Galway, Ireland. BTU now owns a 100% interest in the 160 square kilometer project. The Company has recently completed ground geophysical surveys and the analysis of both the Tellus airborne survey data and the new ground [...]

BTU Metals is pleased to announce the Company has closed a first tranche of its previously announced non-brokered private placement issuing 9,007,401 units at a price of $0.06 per Unit for aggregate gross proceeds of $540,444.06.  Each Unit is comprised of one common share and one half of one Share purchase warrant of the Company.  Each full Warrant will entitle the holder to purchase one Share at a price of $0.10 per [...]

BTU Metals announces it is arranging a non-brokered private placement of up to 12 million units at a price of $0.06 per Unit for aggregate gross proceeds of $720,000.00. Each Unit will be comprised of one common share and one –half transferable Share purchase warrant of the Company. Each full Warrant will entitle the Subscriber to purchase one Warrant Share for a 24 month period after the Closing Date at an exercise price [...]

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 conducted extensive work on BTU’s Galway properties over the years including the [...]

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 of ALS Loughrea, Co. Galway, Ireland and results confirmed high grade [...]

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 geophysical evidence to date point to a multiple vein-type structure; all of which [...]

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 grid from the 2014 Magnetics and IP program was located and re-established [...]

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 target mineralization is orogenic gold in association with shear zones and [...]

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 discovered approximately 250 meters from the Lee vein. The vein is trending [...]

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 40 years. He is an Ontario registered professional geologist and has been [...]