BTU Metals Corp.

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 [...]

Vancouver, British Columbia - BTU CAPITAL CORP.   announces drill permits are in place and crews have been mobilized to the Company's Shakespeare Gold Project, located three kilometers northeast of Webbwood, Ontario. Work will include prospecting of the 2012 Induced Polarization chargeability anomalies which are interpreted to extend from the historic underground working to the NE and SW to be followed directly by a drill [...]

BTU Metals Corp. reports it has commenced work at its Galway Gold property located in County Galway, Republic of Ireland. The company is targeting orogenic and low-sulphidation mineralization based on the following factors: Location within the Caledonian orogenic zone. Favourable lithologies for metal precipitation within the Dalradian Supergroup metasediments, e.g., graphitic schist, marble. Favourable source rocks for [...]

Vancouver, British Columbia (FSCwire) - BTU CAPITAL CORP. (“BTU” or the “Company”) (BTU-TSX:V) is pleased to announce the appointment of Richard O’ Shea to the Board as a non-executive Director. Richard brings over 20 years of experience in the mining and exploration sector, most recently as CEO and Director of Unicorn Mineral Resources Ltd., a Private Company founded in 2010, which is exploring for Copper, Lead and Zinc [...]

Vancouver, British Columbia (FSCwire) - BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX:V) announces that further to its news releases dated September 14, 2017 and October 2, 2017 it has completed the second and final tranche of a non-brokered private placement. The total raised in the oversubscribed financing for the two tranches was 6,381,000 units for total gross proceeds of $765,720.00. Each Unit is comprised of [...]

BTU Metals is pleased to announce the Company has closed a first tranche of its previously announced non-brokered private placement issuing 5,114,500 units at a price of $0.12 per Unit for an aggregate proceeds of $613,740. 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 (a “Warrant Share”) at a price of [...]

Vancouver, British Columbia (FSCwire) - BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX-V) announces the Company has arranged a non-brokered private placement of up to 6,000,000 units (the "Units") at a price of $0.12 per Unit for an aggregate gross proceeds of $720,000 (the "Offering"). Each Unit is comprised of one common share (a "Share") and one half of one Share purchase warrant (a "Warrant") of the Company.  Each [...]

Vancouver, British Columbia (FSCwire) - BTU Capital Corp. (“BTU” or the “Company”) (BTU-TSX:V) is pleased to announce it has, pursuant to a board resolution dated Aug. 10, 2017, changed its name to BTU Metals Corp. There is no consolidation of capital and the Company’s symbol BTU remains unchanged. The Company feels the new name more accurately reflects the company's focus on high-grade, global mining prospects. Effective [...]

Vancouver, British Columbia (FSCwire) - BTU Capital Corp. (“BTU” or the “Company”) (BTU-TSX:V) is pleased to announce it has assembled an exploration team of highly experienced Canadian and Irish professionals with intimate knowledge of the geology and mineral deposits of Ireland to lead the upcoming fall program on the Company’s recently acquired Galway Properties.  Over the past several years members of this team have [...]