BTU Metals Corp. is pleased to announce initial field program findings from an interpreted D2 structural trend parallel to the one hosting the high grade Hinge Zone of Great Bear Resources Ltd.'s Dixie Gold Project in the Red Lake district, Ontario. Highlights of this release: New highly prospective gold environment found approximately 1,200 meters from GBR's Hinge Zone gold discovery Extensive quartz-carbonate-pyrite [...]
BTU Metals Corp. is pleased to announce it has mobilized its exploration team at Dixie Halo, Red Lake, contiguous to Great Bear Resources Ltd.. The previously announced high resolution drone magnetic survey is nearing completion and the prospecting team is on the ground surveying and ground proofing identified drill targets, mapping outcrop and sampling in advance of the upcoming drill program. Mr. Bruce Durham has joined [...]
BTU Metals Corp. is pleased to announce the appointment of Mr. Jean-Marc Lacoste to the BTU Board of Directors and Audit Committee. Mr. Lacoste is currently President, CEO and Director of Monarch Gold, a gold producer with a Measured & Indicated resource in excess of 2.5 million ounces. Monarch Gold is listed under the symbol MQR on the Toronto Stock Exchange. After earning his bachelor's degree in Economics from McGill [...]
BTU Metals Corp. announces the appointment of Mr. Victor Bradley to its Board of Directors effective immediately to assist in guiding the Company with regards to both the Dixie Halo gold project located in Red Lake, Ontario as well as its project portfolio located in Ireland. Educated in England, Vic is a Chartered Professional Accountant with more than 50 years experience in the mining industry, including more than 15 [...]
BTU Metals Corp. announces it has received permits to drill on its Dixie Halo gold project immediately south and contiguous to Great Bear Resources. The permits are active as of April 11, 2019 until April 10, 2022 and cover the claim tenures previously referred to as Dixie Halo South and Dixie Halo South-East. ''Paul Wood'' Paul Wood, CEO, Director Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770 Neither the TSX [...]
BTU Metals Corp. announces it has commissioned Zen Geomap Inc to conduct a low-altitude, high resolution drone magnetic survey of its Dixie Halo properties contiguous to Great Bear Resources in Red Lake, Ontario. The survey is expected to include over 80 flights, covering a grid of 827 line kilometres. In addition to high-resolution magnetics, the survey will include 20 flights for the purpose of air photo mapping. Data [...]
BTU Metals Corp. is pleased to announce that further to its press release dated March 14th, 2019 the Company has closed the non-brokered private placement. The total raised in the financing issuing 9,000,000 units at a price of $0.10 per Unit for aggregate gross proceeds of $900,000.00. 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 [...]
BTU Metals Corp. is pleased to announces it is arranging a non-brokered private placement of up to 10 million units at a price of $0.10 per Unit for aggregate gross proceeds of $1,000,000.00. 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 [...]
BTU Metals Corp. announces preliminary findings of an ongoing, in-depth assessment of geophysical data covering BTU's Dixie Halo project, in addition to the surrounding region by well known geophysicist Mr. Alan King of Sudbury, Ontario. Initial findings of note include the existence of multiple zones of major D2 fold disruption . The D2 fold within the Dixie Halo boundaries is of particular interest to BTU as these have [...]
BTU Metals Corp. is pleased to announce it has received final approval from the TSX Venture Exchange on its previously announced acquisition of the Dixie Halo South property adjoining and contiguous to the south and south-west border of Great Bear Resources Corp.'s Dixie Project located in the Red Lake District of Ontario. The acquisition of this land package along with the acquisitions of the original Dixie Halo, Dixie [...]
Mr. Ryan Kalt today announces that he has acquired, through his wholly-owned company, Kalt Industries Ltd., an aggregate of 858,000 common shares of BTU Metals Corp. through purchases on the TSX Venture Exchange dated December 14, 2018. Mr. Kalt paid an aggregate of $72,930 for the shares, representing an average purchase price of $0.085 per share. The shares purchased by Mr. Kalt represent approximately 1.91% of the [...]
BTU METALS CORP. is pleased to announce that it will acquire an additional 4,163 hectares of prospective and geographically targeted mineral claims in the emerging Dixie discovery area of Red Lake through the acquisition of Burgundy Exploration Corp. . "Thanks to our geological and geophysical teams, I believe we are in a unique position of adding to GBR's district success of building a new and exciting gold district. It [...]
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