February 19, 2020, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) announces it has received commitments in excess of the full amount of its previously announced flow through private placement (see PR dated February 18th, 2020) which is expected to close in short order. Closing of the…
February 18, 2020, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) announces it has arranged a non-brokered private placement of up to 2,500,000 flow-through units (the “FT Units”) at a price of $0.30 per FT Unit (the "FT Offering"), for aggregate gross proceeds of up to $750,000. Each…
Key Developments The Spatiotemporal Geochemical Hydrocarbon (“SGH”) soil sampling program results indicate two distinct zones with a high probability of indicating areas hosting gold mineralization in the Dixie Creek Target within the relatively small area surveyed BTU will drill test the SGH anomalies shortly and…
Key developments: Step-out drilling perpendicular to strike of TNT target has intersected 99.8 metres of visible copper mineralization (chalcopyrite) in a hole collared 355 metres east of the discovery hole (BTU-19-13), as well as a minimum of 62.3 metres of near surface (collared in mineralization) visible copper…
January 7, 2020, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) announces it has commenced its 2020 drill program on the TNT target and has accelerated the acquisition of the Dixie Halo South-East extension property, announced October 28, 2019. 2020 Drill Program Commences The Company…
December 23, 2019, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) announces the following update on exploration activities and progress on a number of initiatives at its Dixie Halo Property adjacent to the Great Bear Resources Ltd. (“Great Bear”) Dixie Project near Red Lake Ontario. TNT…
December 16th, 2019, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) announces the drill core assay results from the new TNT target that could potentially host gold enriched volcanogenic massive sulphide (“VMS”) mineralization. Hole 13, the polymetallic discovery hole, intersected…
December 5th, 2019, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) announced on November 28th it had discovered indications that the new TNT target could potentially host volcanogenic massive sulphide (“VMS”) mineralization. Partial results had been received for hole 13 showing elevated…
November 28th, 2019, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) announced today that in the course of its current drill campaign towards the southern portion of the Dixie Halo property, BTU has discovered compelling indications suggestive of a notable volcanogenic massive sulphide…
November 5, 2019, Vancouver, BC, Canada – BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX:V) is pleased to announce that it has commenced a Spatiotemporal Geochemical Hydrocarbons (“SGH”) soil sampling program over two areas on its Dixie Halo property. The goal of the SGH program is to aid in prioritizing drill…
October 28, 2019, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) is pleased to announce that it has entered into an investor relations agreement (the “IR Agreement”) with Proconsul Capital Ltd. (“Proconsul“). The IR Agreement is effective as of November 1, 2019 and can be terminated at…
October 28, 2019, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V) is pleased to announce that the Company has entered into a purchase agreement with an arms-length vendor to acquire 94 claims (1,913 hectares) adjoining the eastern and southern boundaries of BTU’s Dixie Halo project in Red…
October 15th, 2019, Vancouver, BC, Canada – BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX:V) 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 (GBR)…
August 19th. 2019, Vancouver, BC, Canada – BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX:V) 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,…
July 23, 2019, Vancouver, BC, Canada – BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX:V) announces that core drilling is underway at the Company’s Dixie Halo properties (“DH”), contiguous to the Great Bear Resources Ltd. (“GBR”) Dixie Project near Red Lake Ontario. The Company also announces that other exploration…
July 17, 2019, Vancouver, BC, Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V) 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…
July 10, 2019, Vancouver, BC, Canada – BTU Metals Corp. (“BTU” or the “Company”) (BTU-TSX:V) announces the commencement of its maiden drill program at the Company’s Dixie Halo Project, contiguous to Great Bear Resources Ltd. Dixie Project in Red Lake Ontario. Mobilization of the track mounted core drill supplied by…
June 27, 2019, Vancouver, BC, Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V) 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…
June 24th, 2019, Vancouver, British Columbia - BTU METALS CORP. (“ BTU ” or the “ Company ”) (BTU-TSX-V) 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…
June 11th, 2019, Vancouver, BC, Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX:V) is pleased to announce that the previously announced private placement (see PR dated June 10, 2019) has been fully subscribed. Funds raised will be used for ongoing work programs at the Dixie Halo Project located in Red…