BTU Metals Corp.

Vancouver, British Columbia - BTU Metals Corp. is pleased to announce that the Company has acquired the “Burnthut Gold Project” adjoining the northeastern boundaries of First Mining Gold Corp.’s Goldlund Project located in Northwestern Ontario, approximately 60 kilometres from the town of Dryden.  First Mining recently reported a drill intersection of 2.44 grams per tonne gold over 108 meters from a regional exploration [...]

Vancouver, British Columbia - BTU Metals Corp.   announces that it has granted a total of up to 1,650,000 stock options to directors, officers and consultants of the company, exercisable at a price of $0.08 per share for a period of two years from the date of grant. The options have been granted in accordance with the company's stock option plan. About BTU Metals Corp BTU Metals is a Canadian-based junior exploration [...]

Vancouver, British Columbia - BTU Metals Corp.   pleased to announce that the Company has acquired 10 claims comprising 85 units adjoining the northern and eastern boundaries of Great Bear Resources Corp.’s Dixie Project located in the Red Lake District of Ontario. Great Bear recently reported a high-grade discovery in drill core assaying 16.35 meters of 26.91 g/t gold and 7 meters of 44.47 g/t gold in two holes on the [...]

Vancouver, British Columbia - BTU Metals Corp. is pleased to announce that further to its press releases dated April 19th and April 30th, 2018 the Company has closed its second and final tranche of a non-brokered private placement.  The total raised in the financing for the two tranches issuing 11,364,901 units at a price of $0.06 per Unit for aggregate gross proceeds of $681,984.06.  Each Unit is comprised of one common [...]

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 [...]