BTU Metals Corp.

BTU Metals Corp. today announces the significant expansion of its Dixie Halo property holdings in Red Lake, Ontario. The Company has entered into an agreement that allows it to earn up to an 80% interest in the 3,000 hectare Pakwash North property located adjacent to the east and southeast boundaries of its Dixie Halo project. The Dixie Halo project is located adjacent to the Great Bear Resources Dixie project. The new [...]

BTU Metals Corp. today announces the start of its 1st drill program for early 2021 of 3,500 meters on its 200km2 Dixie Halo property in Red Lake, Ontario. Paul Wood, BTU CEO, said, "BTU is in a strong financial position and is fully funded to commence and continue drilling for the first quarter. We are eager to immediately follow up on a number of high-priority gold targets we have been developing over the past several [...]

BTU Metals Corp. today provides a corporate update and lays out its exploration plan including 1st drill program for early 2021 on its 200km2 Dixie Halo property in Red Lake, Ontario. Paul Wood, BTU CEO, said, "2020 has been a year of steady progress for BTU Metals despite the challenges of the COVID-19 pandemic. We have been very active on the ground, collecting extensive data through drilling, sampling, and geophysical [...]

BTU Metals Corp. today announces that recent drilling intersected fine visible gold at a location northeast and ‘up ice' of an area where till sampling results over the past year have identified numerous gold grains at many locations. This first discovery of visible gold in bedrock was just drilled and has yet to be assayed. The discovery is located in the northern part of the Company's extensive Red Lake property [...]

New Gold-in-Till Results Vectoring Towards Dixie Halo Bedrock Gold New Western Prospective Gold Zone Discovered BTU Metals Corp. today provides an update on its exploration activities, including the ongoing drill program and new results from the 2020 till sampling program. Seven drill holes have been completed so far this fall with depths ranging from 100 m to 250 m, and it is expected that an additional seven more holes [...]

BTU Metals Corp. has received its recently commissioned litho-structural interpretation report that focused on the evaluation of the current database for the Company's Dixie Halo property which included the publicly available data for the adjacent Great Bear Resources Ltd. Dixie property. The Company commissioned AussieCan Geoscience Inc. and Geokincern Ltd. to undertake the study as part of the Company's ongoing drive to [...]

BTU Metals Corp. is pleased to announce it has closed its previously announced non-brokered flow-through private placement for aggregate proceeds of $2,062,500 consisting of 7,500,000 flow-through units. Each flow-through unit is comprised of one common share of the company issued on a flow-through basis and one-half of one common share purchase warrant to be issued on a non-flow-through basis. Each whole warrant shall [...]

BTU Metals Corp. is pleased to announce the commencement of core drilling operations on its Dixie Halo property adjacent to the Great Bear Resources Ltd. Dixie property near Red lake, Ontario. "We are excited to re-start drilling operations on our Dixie Halo property, a property that shares 35km of boundaries with Great Bear. We have outlined a number of priority targets and have several of them ready for drilling right [...]

BTU Metals Corp. is pleased to announce a non-brokered private placement for aggregate proceeds of $2,062,500 consisting of 7,500,000 flow-through units at a price of $0.275 per unit. 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 be issued on a non-flow-through basis. Each whole warrant shall entitle the [...]

BTU Metals Corp. today announced it has obtained eligibility with The Depository Trust Company and Continuous Net Settlement in the United States, increasing access for U.S. investors for its common shares. DTC is a subsidiary of the Depository Trust & Clearing Corp., a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC eligibility permits BTU's shares to be distributed [...]