BTU Metals Corp. is pleased to announce that it has commenced a Spatiotemporal Geochemical Hydrocarbons soil sampling program over two areas on its Dixie Halo property. The goal of the SGH program is to aid in prioritizing drill targets using a modern exploration technique that has proven successful at identifying bedrock gold mineralization below glacial till cover in the region. Experienced field personnel are currently [...]
BTU Metals Corp. is pleased to announce that it has entered into an investor relations agreement with Proconsul Capital Ltd. . The IR Agreement is effective as of November 1, 2019 and can be terminated at any time thereafter, by providing 30 days written notice and is subject to TSX-V approval.Proconsul will assist the Company by undertaking ongoing communications and promotional support for the Company's relations with [...]
BTU Metals Corp. is pleased to announce that the Company has entered into a purchase agreement with an arms-length vendor to acquire 94 claims adjoining the eastern and southern boundaries of BTU's Dixie Halo project in Red Lake, Ontario. This brings BTU's property position in Red Lake up to 14,813 hectares or approximately 150 square kilometres. BTU CEO Paul Wood states: "We are pleased to further expand BTU's Dixie Halo [...]
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. Highlights: LP Fault identified near north boundary with Great Bear Resources Anomalous gold in drill holes up to 1.8 g/t SGH Survey planned to identify new targets Historic un-assayed core located Prospecting a newly recognized highly prospective mafic felsic contact [...]
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 north central boundary with Great Bear Resources about 1.5 km south of GBR’s [...]
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 of 2,500 meters of core drilling in phase one of the initial program [...]
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 investing includes the management of natural resource mandates at TDAM, where [...]
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 the Finder to purchase one common share in the Company at a price of $0.18 [...]
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 comprised of one flow through common share and one half of one non-flow through [...]
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 a junior, mining exploration company focussed on its Dixie Halo project [...]
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 Company . Each full Warrant will entitle the Subscriber to purchase one common [...]
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 high-resolution magnetic survey and on-the-ground prospecting work, the initial [...]
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