BTU Metals - Great Bear reloaded? - 500 Beiträge pro Seite

[Ti-el]

BTU Metals


BTU Metals umschließt mit seinem Dixie Halo Projekt
halbringförmig den südlichen und östlichen Teil
von Great Bears Dixie Gold

BTU ist schon einen Schritt weiter als Red Lake Gold
die sich im Westen
wie es heißt im Trend
an Great Bear anschließen
Während Red Lake Gold seine erste Exploration starten möchte
ist BTU bereits mitten in seinem initialen Bohrprogramm
ganz direkt südlich angrenzend
an GBRs Dixie Gold Projekt

Für BTU dürfte zunächst einmal
das Wohl und Wehe an diesen ersten Bohrergebnissen hängen

Gehandelt wird momentan nur am TSX Venture




Jeder Aktienhandel ist mit Risiken verbunden und selbstverständlich völlig eigenverantwortlich DYODD

[Ti-el]

BTU Metals


PROJECT OVERVIEW


The Dixie Halo gold project consists of four properties totaling approximately 12,963 hectares surrounding Great Bear Resources Ltd.’s Dixie gold project. Great Bear reported a high-grade discovery in drill core assaying 16.35 meters of 26.91 g/t gold and 7 meters of 44.47 g/t gold in two holes on the "Hinge Zone" at Great Bear's Dixie Project (see PR dated August 22, 2018).

The gold occurrences of Great Bear’s project occur along a 2.5 km strike between 0.5 km and 1.5 km of the boundary adjacent to Dixie Halo South (technical report by C. Lee of SRK Consulting, 2004). All these units can be DIXIE HALO I OVERVIEW traced around a fold hinge with the southwest limb of this structure laying within the Dixie Halo South property. An iron formation marker unit can be traced from the Great Bear property into Dixie Halo South



https://www.btumetals.com/?project=3

[Ti-el]

BTU WORK PROGRAM UPDATE; DIXIE HALO, RED LAKE, ONTARIO


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, 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 (GBR-TSX:V) about 1.5 km south of GBR’s “Hinge Zone”. Select core continues to be logged, sawn and shipped to the lab for assays as the holes are completed.

Among drill targets to be tested is a fence of short holes to test strong, broad IP chargeability anomalies on what appears to be the strike extension of GBR’s newly recognized “LP Fault” structure. This structure hosts high grade gold at several locations along several kilometres and the structure is reported to be 18 km in length. BTU geologists believe the southeastern portion of this fault appears to cross BTU’s ground. Other sub-parallel structures have been interpreted to be present or extend on to the Dixie Halo property.



https://www.btumetals.com/?latest

[Ti-el]

Übersichtskarte Red Lake Gold District


mit den beiden Fixpunkten

1. die Minen und
Liegenschaften der Big Player
um Red Lake herum

2. Great Bear und sein
Dixie Projekt
südöstlich davon

Dazwischen dann Pacton Gold
(die von Pilbara)

Südlich von Pacton und in direktem
westlichen Anschluss an Great Bear
muss man sich dann Red Lake Golds
Whirlwind Jack Projekt vorstellen

Und schließlich halbringförmig um den
Osten und Süden von Great Bear
zeichnet man gedanklich
BTU Metals Dixie Halo Projekt ein


https://www.pactongold.com/_resources/news/nr-20190319-figur…

[Ti-el]

BTU Metals - im Windschatten der Great Bear News

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Ti-el]

BTU Metals -
SEPTEMBER 2019 INVESTOR PRESENTATION


https://btumetals.com/BTU_Investor_Presentation.pdf

[Ti-el]

BTU Metals hat sich an den Ausbruchspunkt
einer Cup and Handle Formation hochgearbeitet
Könnte also interessant werden
Heute kam dann auch erstmals wieder vermehrt
Volumen rein

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Ti-el]

Antwort auf Beitrag Nr.: 61.506.551 von Ti-el am 17.09.19 23:43:17

BTU Metals

....der Henkel ist schwungvoll abgebrochen
als Great Bear Resources mit seiner Konsolidierung begann
und die Areaplays mitriss

Und weiter ging es abwärts
nachdem BTU seine allerersten Bohrlöcher des Projekts
bekanntgab
von denen im Vorfeld wenig erwartet wurde
was sich dann auch bestätigte

Wichtig allerdings man konnte nachweisen
dass sich der für Great Bear so erfolgreiche LP Fault
auf BZUs Gebiet fortsetzt

Eigentlich würde man jetzt vermuten
sie stürzen sich jetzt sofort auf diesen Bereich
(auf der Karte im schwarzen Rechteck)
Soll aber später kommen

Stattdessen hält sich der Bohrtrupp weiter im Südosten auf
wo Teck vor Langem schon einen ersten
Versuch unternommen hatte
(Pfeil im lila Quadrat)

Und heute geben sie bekannt genau dort angrenzende Claims
hinzugewonnen zu haben
Könnte ja ein Hinweis sein

Die Aktie scheint sich gefangen zu haben


Hier die MAP in der bearbeiteten Version eines "Anleger Traums":

http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1erdvmf-IMG_201…


Heutige Newsrelease:

BTU INCREASES LAND POSITION IN RED LAKE; NAMES BRUCE DURHAM NEW VP EXPLORATION

BTU CEO Paul Wood states: "We are pleased to further expand BTU’s Dixie Halo land position near Red Lake. Our field activities and ongoing research have given us the resolve to enlarge our land position in this highly prospective and very underexplored part of the Dixie Lake Area. The success of our neighbours shows the exciting potential of applying new scientific exploration techniques to greenstone terrain covered with glacial overburden. We feel our recent drilling has shown that we do have the important felsic-mafic contact on our property, which is the lithological context identified as being a key control of gold mineralization by Great Bear, and which we interpret to be an extension of what has been termed by them as the ‘LP Fault’. Our interpretation, confirmed with our drilling, shows that we have over 2 km of strike of this favourable lithological contact on our property. Whether we have defined the extension of what Great Bear refer to as the LP Fault or have identified a whole new structure, we feel our findings are important and we feel the newly acquired ground could very well be important as we unravel the geology and structure in this overburden covered part of the Dixie Lake Area. There is a lot to be excited about in the Dixie Lake Area and we couldn’t be happier with our real estate.”


https://www.btumetals.com/?news=59

[Ti-el]

BTU Metals - jetzt über 50% Plus in den letzten 2 Handelstagen
der Markt scheint etwas zu erwarten

[Ti-el]

BTU Metals

Das klingt gut - Interview mit CEO Paul Wood
ab 0:40




Great Bears brandneue Viggio Funde nur noch 1600 m von BTU Metals entfernt

MAP:
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1erklen-IMG_201…


Die zwei aktuellen Bereiche von Interesse für BTU
- Nordosten Fortsetzung von Great Bears LP Fault
- Südosten wo Teck früher gedrillt hatte und sich der BTU Bohrtrupp
im Moment bewegt

MAP:
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1erl08m-Screens…

[Ti-el]

Zwei starke Tage bei BTU Metals
mit deutlich anziehendem Volumen
drehen erste Indikatoren wieder in die
bullische Richtung

Eine Newsrelease zu Bohrergebnissen
sollte fällig sein
sind das die Vorboten?

Anders als bei den allerersten Bohrlöchern
muss jetzt zwingend etwas Substanzielles
vermeldet werden
sonst dürfte der Impuls erneut in sich
zusammenbrechen.

[Ti-el]

BTU Discovers New VMS Target on Southern Portion of Dixie Halo Property/ Partial Assays Received


https://stockhouse.com/news/press-releases/2019/11/28/btu-di…

[Ti-el]

BTU Metals - in drei Tagen von 0,09 auf 0,16 C$
Die News über das neue TNT Target
hat etwas potenziell Explosives an sich
(mögliches signifikantes VMS Deposit
mit high-grade Kupfer, evtl Gold)

Und im Nordosten haben sie ja das Dixie Creek Target
das im LP Fault liegt
auf dem Great Bear Resources quasi direkt nebenan
zuletzt nur noch 1600 Meter entfernt
immer wieder neue Goldfunde feiert

[Ti-el]

BTU Metals - WINTER 2019 DRILL CORE


Es sieht so aus als habe BTU Metals
womöglich das gefunden was Teck wie auch Noranda
vor Jahren vergeblich suchten

Auch die schnelle Übernahme der östlich
an das TNT Target angrenzenden Claims
durch BTU könnte dafür sprechen


https://www.btumetals.com/?project=3&gallery

[Ti-el]

BTU Metals - plus 140% diese Woche

"The company said drilling of holes 12 and 13 have identified polymetallic mineralization, including chalcopyrite, copper and gold, which is extremely rare."

Realistisch dürfte sein ordentliche Kupfergrades und ein wenig Gold und Silber
in den anstehenden Assays von Bohrloch 12 und 13
JMHO
haben sie doch offenbar mit 12 und 13 den Randbereich getroffen
und versuchen jetzt
- momentan wohl bei Bohrloch 22 -
das Zentrum zu finden

Etwas Luftholen täte durchaus gut
der +DI im daily ist schon über 60
aber das Momentum ist auch verdammt stark
man wird also nächste Woche sehen müssen


BTU drills new VMS target

https://resourceworld.com/btu-drills-new-vms-target-stock-up…

[Ti-el]

“Copper demand is going to be psychedelic!”

laut "Mining Guru" Robert Friedland auf der Mines and Money Moneyndon

"....when we start moving fully to electric vehicles we’re going to need a telescope to actually see the copper price…"

https://www.miningglobal.com/investing/mines-and-money-londo…


Dazu passend haben die Commercials laut COT Daten dicke Longpositionen
in Kupfer aufgebaut
........und die Commercials haben bislang nahezu immer recht gehabt

[Ti-el]

Die Wortwahl in der letzten NR die hier soviel Fantasie produziert:

"It should be stressed that drilling to date has only been completed on what appears to be the north-western extremity of the target. This area is marginal to the strongest part of the chargeability feature and the lowest resistivity feature (best part of the target). Results of the recently completed VTEM survey show the TNT Target to be located east and south of the current drilling and is interpreted to be related to a higher sulphide content, possibly volcanogenic massive sulphide ("VMS") style mineralization. The drilling completed so far on the new polymetallic TNT Target is located near the north extremity of a feature known to be at least 800 metres in length and with interpreted widths of up to 100 metres or more."

Obgleich "This area is marginal to the strongest part" heißt es trotzdem "The Company awaits the remaining results and over-limit assays (>1% Cu) for numerous copper intervals."!

[Ti-el]

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Ti-el]

BTU PROVIDES UPDATE ON TNT TARGET
December 5th

VMS Target deutlich umfangreicher
als zunächst angenommen

Fast 5000 Hektar neue Claims
dazugewonnen via Staking
die befinden sich im Südwesten

Direkt südlich des TNT targets
liegt das Kwai Property
von Golden Goliath Resources
und das werden die
bei den Aussichten wohl eher nicht hergeben wollen


https://www.btumetals.com/?latest

[Ti-el]

BTU Metals

dieser rasante Anstieg wird einem schon fast unheimlich
nicht jeder Tag kann künftig ein grüner sein
aber zumindest heute hatten die Shorts keine Chance

Wenn es stimmt dass der Markt immer recht hat
sollten die in Kürze erwarteten Ergebnisse
ja wohl gut sein

[Ti-el]

Market Movers: BTU Metals Corp Turns Up The Heat
December 11, 2019


https://thedeepdive.ca/market-movers-btu-metals-corp-turns-u…

[Ti-el]

BTU Metals - langsam spricht es sich herum

Im Stateside Report vom 14.12.
neben GT Gold, Novo, Osisko, Globex, Continental, Wallbridge........

BTU ab 36:15


http://statesidereport.com/stateside-report-podcast-december…

[HeinzBork]

Antwort auf Beitrag Nr.: 62.161.523 von Ti-el am 15.12.19 00:24:26

Halted, mal sehen was kommt, ich erwarte etwas Grosses 😇

[Ti-el]

BTU Intersects Copper Gold Silver Mineralization over Core Length of 44.3 Metres at TNT

https://ceo.ca/@accesswire/btu-intersects-copper-gold-silver…

[Ti-el]

BTU Metals

sie haben exakt das in ihrer NR bestätigt
was man aus den vorherigen Ankündigungen erwarten durfte
gutes Zeichen

Die Assays bezogen sich auf das Discovery Hole 13
welches sich ganz am äußersten Rand des Targets befindet
"This area is marginal to the strongest part of the chargeability feature
and a low resistivity feature"
Das bietet viel Fantasie für den Kernbereich des Targets





Der Chart hatte regelrecht gebettelt um eine Korrektur
und die sell on news crowd war zur Stelle

Der SAR sitzt dementsprechend seit heute über der Kerze
andererseits lässt der Tagesschlusskurs durchaus Bewegung
in beide Richtungen zu
man darf also gespannt sein
wo es morgen hingeht

an den Gerüchten über ein Buyout war glücklicherweise
wohl nichts dran
wäre viel zu früh und zu billig gewesen
JMHO


Highlights:

TNT ("New VMS-type discoveries are very rare these days")

Highlight assays from discovery hole 13 include:

- 44.3m of 1.14% Cu equivalent mineralization, including 30 m of 1.46% CuEq which contains 9.9 m of 2.05% CuEq and a separate interval of 7.2 m of 2.02% CuEq
- Best copper and silver values came from a 1.2 m sample (313.2 – 314.4 m) which assayed 5.56% Cu, 99.6 g/t Ag, and 0.487 g/t Au (6.83% CuEq)
- Best gold value came from a 0.8 m sample (339.35 – 340.15 m) which assayed 2 g/t Au, 26.9 g/t Ag, and 0.72% Cu (2.43% CuEq)

- Drill holes 19-22 in the TNT zone complete and being processed for assay
- Drill holes 23-24 to be complete pre-Christmas
- On recently acquired Dixie Halo East-Extension ground, exploration planned once work permits are received


Dixie Creek (auf Great Bears goldhaltigem LP Fault)

- SGH samples currently at Actlabs for processing
- Interpretation and further drill target selection on the mafic-felsic contact (LP Fault) to follow
- Additional line cutting underway and additional Induced Polarization and ground magnetic surveying planned


BTU INTERSECTS COPPER GOLD SILVER MINERALIZATION OVER CORE LENGTH
OF 44.3 METRES AT TNT

https://www.btumetals.com/?latest

[Ti-el]

Interview mit BTUs Mike England und Bewertung von der "Truthmachine" Allan Barry Laboucan

" to put this in perspective, a lot of copper plays are chasing 1/2 gram of copper"..."this is shaping up to be a very impressive discovery"

[Ti-el]

Antwort auf Beitrag Nr.: 62.185.707 von Ti-el am 18.12.19 09:29:28

BTU von 5:15 bis 10:30

[Ti-el]

BTU Provides Exploration Update

Drill holes 12,13,19 and 20 were drilled on Line 12+00 North. Each of those holes intersected copper mineralization and drill hole 20, the most easterly drill hole (approximately 350 m east of hole 13) intersected copper mineralization near the collar of the hole.

https://web.tmxmoney.com/article.php?newsid=7067966049087659…

[Ti-el]

BTU Metals

mit dem kurzen Abtauchen auf die auf die 0,24 CAD
wären die Korrekturerfordernisse ja wohl grundsätzlich erfüllt


Wer könnte auch profitieren
sollte sich BTUs TNT Target als umfangreiches
Deposit verifizieren lassen?

* Eine Trendfortsetung im Süden würde
Golden Goliath Resources GNG.V
in die Hände spielen




https://www.goldengoliath.com/properties/canada/kwai/


* Da BTU auch an den neuen im Osten seines Targets
akquirierten Claims sehr interessiert zu sein scheint
kommt dort GoldON Resources GLD.V ins Spiel




https://www.accesswire.com/570399/GoldON-Provides-Overview-o…


Und dann will auch Goldrea Resources wohl gerne als
Areaplay mitmischen:

https://ceo.ca/@nasdaq/goldrea-negotiating-land-package-deal…


Alle drei Stocks höchst spekulativ
aber die Kanadier lieben das ja

Normalerweise ein gutes Zeichen
für die ursprüngliche Discovery
wenn sich Areaplays beginnen zu positionieren

[Ti-el]

BTU Metals


4 Junior Gold Stocks That Could Make Big Moves in 2020
https://smallcappower.com/top-stories/junior-gold-stocks-202…


BTU INITIATES 2020 DRILL PROGRAM AT TNT TARGET AND ACCELERATES ACQUISITION OF DIXIE HALO SOUTH-EAST EXTENSION
January 7, 2020

"BTU has elected to accelerate the terms of the Dixie South-East option .............. These claims are strategically important as they are adjacent to the newly discovered TNT target, which is interpreted to be a potentially gold-enriched VMS-type exploration target.

The TNT target currently has a footprint of 200 m - 500 m wide East to West and at least 1,000 m North to South........"

“We are off to a strong start to the 2020 exploration program with our first drill hole of the year already under way......."


https://www.btumetals.com/?news=66

[Ti-el]

BTU Metals

die BB beginnen sich zusammen zu ziehen
steht BTU bald vor dem nächsten Move?

Der CEO erwartet eine NR zu
Assays von Hole 19/20 noch vor der
Vancouver Resource Investment Conference
(beginnt am 19.)

Hoffen wir mal die beiden Labore spielen
da mit
weil angekündigte aber nicht eingehaltene
Timelines sich meist schädlich auswirken

Nach dieser NR sollte es ein Stück klarer sein
ob das TNT Target wie erwartet
ein umfangreiches System darstellt

das dürfte dann auch die nächste Impulsrichtung
beeinflussen
auch wenn der Chart momentan nach Norden
aufgesetzt erscheint

JMHO

[Ti-el]

BTU Metals heute mit Ausbruch aus der Konsolidierungsformation
Beginn des nächsten Aufwärtsimpulses !?

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Ti-el]

BTU Metals

die Bewegung war schön vorbereitet
aber der Ausbruch erfolgte nach unten

"These guys had some good news out
and immediately the stock sold off...."

Junior Mining Weekly
01.02.2020

BTU ab 6:15




BTU INTERSECTS COPPER-GOLD-SILVER MINERALIZATION OVER SUBSTANTIAL CORE LENGTHS IN FIRST TWO STEP-OUTS AT TNT - TNT TARGET EXTENDED BY 600 M TO 1600 M

https://www.btumetals.com/?latest

[Ti-el]

BTU Announces Flow Through Financing Over Subscribed
February 19, 2020

https://web.tmxmoney.com/article.php?newsid=7741075002601207…

bei 0,30 CAD
Inklusive halber Warrant (0,40)

https://web.tmxmoney.com/article.php?newsid=7799971945817461…

[Ti-el]

Laut heutiger News von Great Bear
liegt eine Anomalous Gold Zone
direkt an der Grenze zu BTU Metals


siehe MAP:
https://greatbearresources.ca/site/assets/files/3828/image00…

[Ti-el]

BTU Metals

Finanzierung "due to overwhelming demand"
mehr als verdoppelt

BTU Announces Increase to Flow Through Financing
V.BTU | 59 minutes ago

https://stockhouse.com/news/press-releases/2020/02/20/btu-an…

[Ti-el]

BTU Metals - Nr. 1 Mining Stock im Venture 50 Ranking 2020


BTU NAMED TO TSX VENTURE EXCHANGE VENTURE 50; TO DISPLAY AT PDAC
February 24th, 2020, Vancouver

https://www.btumetals.com/?latest


1 BTU BTU Metals Corp.
2 KNT K92 Mining Inc.
3 AMX Amex Exploration Inc.
4 GBR Great Bear Resources Ltd.
5 MKO Mako Mining Corp.
6 DSV Discovery Metals Corp.
7 KTN Kootenay Silver Inc.
8 CVB Compass Gold Corporation
9 SVE Silver One Resources Inc.
10 MMV Mineral Mountain Resources Ltd


https://www.tmxmoney.com/en/images/venture50-2020/2020_v50_w…

[Ti-el]

Respekt, in diesem Umfeld tatsächlich eine
weit überzeichnete Finanzierung
bei immerhin 0,30 C$ schließen zu können

BTU Closes 1.6 Million Dollar Financing
February 28, 2020

https://www.btumetals.com/?latest

Ob es dem Wert hilft
steht in den Sternen
aber das Beispiel Northern Shield Resources
gern gehandelt in Kanada
könnte ja Mut machen
mit guten News und schönen Drillcore Pics zu Shot Rock
am Freitag mal schnell um 50% gestiegen

[Ti-el]

Nicht zu vergessen
BTU Metals hat gerade sein Bohrprogramm
an der Property Grenze zu Great Bear begonnen

BTU Commences Drilling Dixie Creek SGH Gold Target
February 26, 2020

Highlights:

> Drilling underway at Dixie Creek Target following up Spatiotemporal Geochemical Hydrocarbon ("SGH") survey results
> Two separate targets near common boundary with Great Bear Resources
> Both SGH anomalies are proximal to induced polarization chargeability anomalies

TNT Update

The downhole electromagnetic program is currently underway to target high-grade massive sulphide lenses within the neighbourhood of the grid of drill holes completed thus far at TNT.

Drill holes 21 through 33 in the TNT area are complete. The earlier holes are being assayed at two labs and the latter holes are being logged and sampled. Drilling will recommence at TNT as assays are returned and results of the downhole EM program identify the most prospective areas to host potential economic massive sulphides associated with the target Volcanogenic Massive Sulphide ("VMS" ) system.

Bruce Durham, VP of Exploration, commented; "With seventeen holes completed in the TNT area we now know it extends for more than 2,200 metres. The target is up to 500 metres wide - holes drilled to date are providing us with geological data and are rather widely spaced so they can act as platforms for downhole EM surveying. The TNT target is extensive, and the downhole EM survey may serve as a fast-track vectoring method to discover significant lenses of massive sulphides."


https://web.tmxmoney.com/article.php?newsid=5711658692878952…

[Ti-el]

http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1f6vjdb-5CD5125…

[Ti-el]

BTU PROVIDES UPDATE ON UNINTERRUPTED EXPLORATION PROGRAM
2020-04-07 09:09 ET - News Release



Highlights

Dixie Creek Gold Target:

* Highest recorded regional till sample found to contain 120 gold grains (99 pristine) at Dixie Halo;

* Widespread evidence for gold mineralization along BTU SW-NE structural trend as seen in till samples, in-situ rock samples, SGH;

*Seven drill holes now complete at Dixie Creek and other gold targets.


TNT Volcanogenic Massive Sulphide Target:

* Geophysics and data evaluation ongoing - initial interpretation confirms and identifies multiple targets;

* Drill moves back to northern TNT ahead of final analysis of southern TNT and collar location
selection.




https://www.stockwatch.com/News/Item?bid=Z-C%3aBTU-2888191&s…

[Ti-el]

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Ti-el]

BTU Metals zurück im Spiel
wieder in die Cloud vorgestoßen
Schlusskurs in Kanada 0,235
also 30% plus heute

[Ti-el]

"It isn’t surprising to see BTU Metals Corp. at the top of the list of safe-haven gold penny stocks......"


https://microsmallcap.com/5-gold-penny-stocks-buy-04-13-20/

[Ti-el]

BTU Metals mittlerweile 200% gestiegen nach dem Crash

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Ti-el]

BTU ADVANCES EXPLORATION PROGRAM

Highlights:

TNT Volcanogenic Massive Sulphide (“VMS”) Target

* Phase 1 and Phase 2 large loop Time Domain Electromagnetic (“TDEM”) survey work now complete
* Survey work included ‘down hole’ as well as large loop surface surveying
* Interpretation of the data shows several priority targets particularly in an area well to the south of the copper bearing sulfide mineralization located in discovery drill hole BTU-19-13 and drill hole BTU-20-25
* New targets are now drill ready and will be drill tested in the next month
* Drill holes BTU-20-26 to BTU-20-33 intersected varying amounts of strong alteration and sulphide mineralization (largely pyrite), several of which returned anomalous copper and precious metal values
* Drill hole BTU-20-41 (collared 200m south of, and 500m to the east of hole BTU-20-25) was recently completed and core logging, processing, and assaying are underway

Great Bear Resources Boundary – Dixie Creek Area

* Quartz carbonate veining, strong shearing as well as disseminated to near massive sulphide mineralization intersected in various drill holes
* Presence of regional scale, deep seated SW-NE structures reinforced based on magnetics, geology, drill core information, and ongoing interpretive work (Figure 1)
* Seven new drill holes (BTU-20-34 to 40) recently completed at the Dixie Creek gold target (southeast of the areas being evaluated by GBR) and other gold targets have now been logged and sampled and assay results are pending


https://www.btumetals.com/?latest


Die News wurden Ende letzter Woche erst einmal bis 0,21 C$ abverkauft
nach zwischenzeitlich 250% vom Low auch sehr gesund
heute dann der Rebound

[Ti-el]

BTU Metals - Dixie Halo Geophysics Update

[Ti-el]

BTU Metals - Nach der Newsrelease diese Woche
mit der die Wiederaufnahme des erfolgreichen Bohrprogramms
am VMS-Target bekanntgegeben wurde
folgte der Intradayeinbruch bis auf 0,145 CAD
der Kurs erholte sich aber rasch und beendete die Woche
mit dem tapferen Halten der 0,20
Der Hintergrund war etwas verschämt im Text versteckt
Alle 7 Bohrlöcher im Norden auf dem Dixie Creek Target
blieben ohne nennenswerten Goldfund


BTU COMMENCES SPRING DRILL CAMPAIGN AT TNT VMS TARGET

https://www.stockwatch.com/News/Item?bid=Z-C%3aBTU-2910522&s…

[Ti-el]

BTU Metals begins drilling at Dixie Halo

BTU DRILL AT TNT VMS TARGET HAS STARTED TURNING
2020-06-02


https://www.stockwatch.com/News/Item?bid=Z-C%3aBTU-2915981&s…

[Ti-el]

"We've identified an area which is 10 times more conductive [...] to what we hit in that original hole, where we got the 5.5% copper".

CEO Clips: Paul Wood of BTU Metals

[Ti-el]

BTU Metals
Presentation updated
Neue Gold in Till Target Area
damit jetzt 3 High Priority Targets


https://www.btumetals.com/BTU_Presentation_Web.pdf

[Ti-el]

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[Ti-el]

Besuch von Great Bear

https://twitter.com/BTUMetals/status/1272611844620980228

[Ti-el]

Auch zum Wochenschluss bei BTU Metals
nochmals ein schöner Push
Fingerzeig auf die Bohrergebnisse?
Jedenfalls kommt das ATH von letztem Dezember
so langsam wieder in Sichtweite

[Ti-el]

Am Freitag standen die Explorer aus dem südlichen
Red Lake Distrikt under fire

Versuche mich mal an einem
sicher unvollständigen Überblick

Im Zentrum natürlich Great Bear
und sein so goldreiches Dixie Projekt
Zu beachten vielleicht
bei ungefähr 20 CAD
erreicht GBR 1 Milliarde market cap
oft eine Hürde

Direkt angrenzend an Great Bear:

Im Süden BTU Metals
Als einzige Company außer GBR
schon eine neue signifikante und weiter
sehr aussichtsreiche Entdeckung gemacht (TNT)

Im Norden und Nordosten Dixie Gold
sehr groß
soll wie BTU Metals im Nord-Süd-Trend von Great Bear liegen

Ebenso riesig im Nordwesten Pacton Gold
hatte Freitag einen Lauf
bis wohl zum Handelsende die Trader Kasse machten
vielversprechende Targets
und auch in der australischen Pilbara Region engagiert

Auch im Westen ein enormes Landholding
durch Red Lake Gold
die darüberhinaus ein Projekt im Fenelon Camp
angrenzend an Wallbridge Mining besitzen

Im etwas weiteren Umfeld von Great Bear Resources:

Golden Goliaths Kwai Projekt
südlich von BTU
und evtl im Trend von dessen TNT
am Freitag mit 44% Anstieg in Kanada

Die noch aus dem Lithiumhype bekannte Portofino
hat sich ein Areal östlich des großen Landbesitzes von
Dixie Gold gesichert
market cap jetzt 4 Mill CAD

GoldONs Bruce Lake Property liegt östlich von BTU
nahe von dessen TNT Target teils im See
haben jetzt Drill Permits
sehr interessant auch in der Region ihr West Madsen Property
und ein Neustart bei Slate Falls

Dann gibt es noch zwei kleine besonders risikobehaftete Player
Prime Meridian am Montag fast verdoppelt
dann wieder eingebrochen
weil angehalten wegen CTO
und Goldrea mit Dixie Lake Baby Property
auch nahe BTUs TNT Target
sehr niedrige market cap
aber wohl auch weil unklar ob Bohrprogramm finanzierbar

[Ti-el]

BTU Metals

dürfte gute Chancen besitzen nach der
sehr durchwachsenen NR
das Auffangnetz auf dem Support bei 0,20 CAD
gefunden zu haben


BTU PROVIDES UPDATE ON EXPLORATION PROGRAM AND EXPANSION OF ACTIVITIES

https://www.btumetals.com/?latest

[HeinzBork]

https://ceo.ca/@thenewswire/windfall-geotek-reports-positive…

Brossard, Quebec - TheNewswire - July 23, 2020 – Windfall Geotek (TSXV:WIN) is a leader in the use of Artificial Intelligence (AI) in the mining sector for digital exploration and is pleased to announce that it has signed an agreement with BTU Metals Corp to provide new high probability gold targets develop during an internal project on the Red Lake Mining Camp.


As reported by BTU Metals Corp earlier this week, the exploration team has confirmed positive results received from ongoing work using Windfall’s proprietary ‘CARDS’ Artificial Intelligence (“AI”) system on the identified high-grade gold targets. BTU is pursuing both high-grade gold targets and copper-dominant massive sulfide targets on its 200 square kilometer property, that shares a 35 kilometer border with Great Bear Resources Ltd (“Great Bear”). One-third of the property area has been analyzed, from which 35 high priority targets have been identified at a high correlation rate with known gold mineralization within the Red Lake camp. More validation and follow-up investigation of the CARDS AI generated gold targets are being conducted by BTU geologists and the highest priority targets are expected to be drill-ready later this summer.

Windfall Geotek used two distinct models in the initial investigation for BTU (Figure 1):

- Madsen Mine style gold mineralization (16 targets)

- Great Bear’s Dixie style gold mineralization (19 targets)

Learn more about the geologic context of these gold target areas at www.btumetals.com/aitargets

Paul Wood, BTU CEO, said, “The early identification of so many high priority targets using Windfall’s proprietary AI is very encouraging. Our property position is one of the largest in Red Lake and covers nearly 200 square kilometres. Most of the potentially gold bearing rock units are covered with overburden so additional tools and techniques can be particularly effective. This new layer of AI targeting is now being incorporated into the mix as we attempt to vector in on the areas with the highest gold potential.



Click Image To View Full Size


Figure 1: AI generated gold targets on the BTU Metals property

Michel Fontaine President & CEO of Windfall Geotek states: “Rarely have we seen such enthusiasm in one of our completed projects. We are proud to see our talented team and methodology validated at such a quick pace. This is a great sign that our new business model and final deliverables are of high value to our clients and we look forward to adding more as we progress”.

Windfall Identifies High-Grade Gold Targets on BTU Metals Corp. Ground

Windfall is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary CARDS analysis (AI) and data mining techniques. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall are designed to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization in the Red Lake region. Windfall has played a part in numerous past discoveries utilizing its methodology as described at: https://windfallgeotek.com/.

[Sven_Bonn]

Hallo zusammen,

ist hier noch Leben in der Bude?

Bin selbst bei GNG investiert und faszieniert von der Lage von BTU durch die unmittelbare Nähe zu greatbear... Aber hier scheint ja die Euphorie verflogen.. Oder??

LG
Sven

[Sven_Bonn]

okay... dann fasse ich mal die aktuelle BTU Lage der NAtion zusammen:

https://ceo.ca/btu

- Mr Paul Wood, Btu CEO said in the 26 august news release anticipated srarting drill in mid-september.

- Part of september 10 news release: "As we lead up to this exciting imminent drill program to test high priority drill targets in Red Lake, we expect the DTC eligibility of our common shares in the U.S. will improve access for investors and brokerage houses to trade our shares", stated Paul Wood, CEO of BTU Metals.

BTU Metals Commences Geophysical Surveys in Advance of Late Summer Drill Program

https://www.juniorminingnetwork.com/junior-miner-news/press-…

Riesiges Areal neben Great Bear... Chance groß.. :-)
35 km lange Grenze zu greatbear...

[Sven_Bonn]

und noch ein paar Video-Links zum Projekt:

StockPulse Interview: AI Data Evaluations Identify 35 Gold Target Areas on BTU Red Lake Property


Prospecting at a High Grade Gold AI Target

[Sven_Bonn]

Guten Morgen zusammen,

ein Update von BTU:
https://www.btumetals.com/BTU_Presentation_Web.pdf?abce3

Interessant :-)

[Sven_Bonn]

und noch einmal News:
BTU METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FOR $2 MILLION WITH STRATEGIC INVESTOR; EXPANDS DRILL PROGRAM

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

September 21, 2020, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (TSX:V-BTU) (OTC:BTUMF) 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 holder thereof to acquire one common share of BTU at a price of $0.30 for a period of 36 months following the closing of the offering. The flow-through shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec). The warrants issued with the units sold will be subject to an acceleration provision. After four months have elapsed from closing, if BTU’s shares trade above $1.00 for 10 consecutive trading days, the Company has the option to provide notice to the warrant holder that their warrants will expire if they are not exercised within 30 days. As part of the Offering, the Company is pleased to welcome SSI Asset Management Ltd (“SSI”), an independent asset management firm with an emphasis on precious metals and mining, as a long-term shareholder of BTU Metals.

“It is with great pleasure that we welcome Liechtenstein-based SSI Asset Management Ltd. as a significant strategic investor.SSI is focused on precious metals, has a strong track record, is a committed long-term investor and also brings a depth of technical expertise. With this new support and financing, BTU will significantly expand our upcoming drill program, due to commence in the next few days”, stated Paul Wood, CEO of BTU Metals.

Closing of the offering is subject to approval of the TSX Venture Exchange.

The gross proceeds of the Offered Securities will be used primarily for exploration and diamond drill programs at the Company's highly prospective Dixie Halo project in Red Lake, Ontario.

Bruce Durham, VP Exploration of the Company stated; “The funds from this financing will allow us to expand the ongoing work program on the Dixie Halo project located adjacent to the significant gold discoveries being advanced by Great Bear Resources Ltd. The bulk of the funds will be spent on drilling new, potentially gold bearing exploration targets. Field work is on-going and a number of new targets have recently been defined as we expand the footprint of our exploration database. Drilling is due to start very shortly, our field staff are focussing their efforts on data gathering programs that need to be completed prior to freeze-up, and we are excited to be re-starting drilling operations.”

The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. A finders fee will be payable.

BTU is pursuing both high-grade gold targets and copper-dominant massive sulfide targets on its 200 square kilometre property that shares a 35 kilometre border with GBR. The property is 25 kilometres southeast of Red Lake, Ontario in an area with excellent access and infrastructure. The property is adjacent to and wraps around a significant portion of the GBR Dixie property. To date roughly one-third of the property area has also been analyzed using the Windfall Geotek Artificial Intelligence (“AI”) proprietary system, from which 35 high priority potential gold exploration targets have been identified for follow-up. BTU exploration personnel are on site, carrying out validation on various targets and carrying out follow-up investigation of numerous targets as the Company prepares for the commencement of the drill program.

The Company’s exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor the situation, continues to be careful, and will adjust its activities and timelines as deemed appropriate.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

ON BEHALF OF THE BOARD

“Paul Wood”
Paul Wood, CEO, Director
[e-mail]

https://www.btumetals.com/?latest

[Sven_Bonn]

Bei BTU geht es aber langsam Schlag auf Schlag. Nette Promo!

BTU Metals: An Overlooked Play On Great Bear’s Dixie Project
Perhaps the biggest development in the junior miner sector over the past two years has been Great Bear Resources’ (TSXV: GBR) discovery of a high-grade and extensive gold system at its Dixie Project in the Red Lake district of Ontario. The project has produced assay results such as a 20.6-meter intercept containing 31.3 grams of gold per tonne and another separate 104- meter length with a 2.67 gram-per-tonne gold concentration.

In turn, this discovery has triggered literally an exponential increase in GBR’s share price. Prior to the first discussion of the discovery in August 2018, Great Bear traded at just over $0.50 per share; today the stock trades 3,300% higher at around $17.75 per share, or an equity capitalization of around $900 million.

We point out that another company, BTU Metals Corp. (TSXV: BTU), which has an equity market cap of just $19.5 million, owns nearly 20,000 hectares of land which is contiguous with and surrounds GBR’s Dixie Project. In addition, BTU’s underexplored Dixie Halo Project shares remarkable geological symmetry and the same structural trends as GBR’s Dixie Project.
Only about 25 holes have ever been drilled on Dixie Halo versus about 150 at Dixie before Great Bear bought that property. Furthermore, assay results from a November 2019 drilling program in another sector of Dixie Halo suggest that the property might contain a large Volcanogenic Massive Sulfide (VMS) system. VMS deposits typically comprise 100 million tonnes or more of mineral resources and hold substantial quantities of copper, as well as smaller amounts of gold and silver.
Given these attributes and the sharp underperformance of BTU’s shares thus far in 2020 compared with the average junior minor – BTU shares are down 37% while The VanEck Vectors Junior Gold Miners ETF (NYSE: GDXJ) is up 44% – BTU may represent an interesting speculative play. If BTU were to announce any significant exploration success, the value of shares could potentially reset dramatically higher.
Dixie Halo Drilling Program

Great Bear’s key gold discovery is in the LP Fault. The LP Fault marks a contact between mafic and felsic/intermediate rocks. A mafic rock is rich in magnesium and iron, while a felsic rock contains significant amounts of feldspar and silicon. Note especially that all three of BTU’s Dixie Halo target areas are along mafic-felsic contact areas.

The below figure shows GBR’s LP Fault Trend, as well as its gold zones and gold occurrences, and their spatial relationship to BTU’s Dixie Creek Target. Note that many of the gold occurrences are found in splays, or fault branches, off a major fault, and that many of those splays are on BTU’s property. In greenstone belts like the Red Lake district, history has shown that splays may contain as much gold as the main faults.
Potential VMS Discovery

A depiction of the conductance, measured in Siemens (S), found in BTU’s potential VMS discovery, termed the TNT Target, is shown below. The degree to which a rock formation conducts electricity is historically a key indicator of the presence of a VMS system; such deposits typically have conductance readings of 25-200 S or more. The red (and, to this point, completely undrilled) section in the figure below is well within that conductance target range.
VMS deposits represent one of the richest sources of copper (Cu), lead (Pb), zinc (Zn), and other metals. Indeed, VMS deposits comprise a cumulative 22% of the world’s Zn’s deposits, 10% of the Pb, 6% of the Cu, 9% of the silver, and 2% of the gold.
Gold In Till Target Area

A third promising area in the Dixie Halo region is the Gold in Till target. There the company has uncovered many till samples with high concentrations of gold grains, some with more than 40 grains, equivalent to about three grams of gold. (One gram of gold equals 15.43 grains.) An expanded till sampling program is ongoing.
Conclusion

BTU could prove to have very valuable mineral resources, as the same gold trend that runs through GBR’s Dixie property may very well extend into BTU’s. Also, BTU’s TNT Target could be a large VMS deposit. Of course, it is also possible that these positive scenarios do not fully play out.

However it appears that the market may be reflecting only a very small probability that either (very plausible) positive scenario prevails. As an aside and a constructive factor for its exploration program, BTU has $1.2 million in cash and no debt, so that it has sufficient cash to continue its exploration programs.



https://thedeepdive.ca/btu-metals-an-overlooked-play-on-grea…

[Sven_Bonn]

Guten Morgen zusammen,

und hier noch ein schönes aktuelles Video vom Dixie Halo Projekt, sieht vielversprechend aus!

[Sven_Bonn]

Hallo zusammen,

und nun geht es los mit dem Bohrprogramm... Spannung steigt.

BTU Metals Announces Commencement of Drilling in Red Lake Adjacent to Great Bear Resources Ltd.

VANCOUVER, BC / ACCESSWIRE / September 29, 2020 / BTU METALS CORP. ("BTU" or the "Company") (TSX-V:BTU) (OTC PINK:BTUMF) 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 now." stated Paul Wood, CEO of BTU Metals.

Bruce Durham, VP Exploration of the Company stated, "We are focused on drilling new, potentially gold bearing selected exploration targets on this large, 200 square kilometre property. Field work is on-going and a number of new targets have recently been identified as we expand the footprint of our exploration database. With drilling starting, our field staff are focussing their efforts on data gathering programs including Induced Polarization and Till sampling to support our ongoing drill program which we expect will continue for several months."

The Company's exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor the situation, continues to be careful, and will adjust its activities and timelines as deemed appropriate.

BTU further announces it has granted a total of up to 2,750,000 stock options to directors, officers and consultants of the company exercisable at a price of $0.22 per share for a period of three years from the date of grant. The options have been granted in accordance with the company's stock option plan.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

ON BEHALF OF THE BOARD
"Paul Wood"

Quelle:
https://ceo.ca/@accesswire/btu-metals-announces-commencement…

[Sven_Bonn]

in ca 6 Wochen wissen wir dann wohl mehr...

[Sven_Bonn]

Guten Morgen,

Neuigkeiten von BTU:

DESCRIPTION OF BUSINESSBTU was incorporated under the Business Corporations Act (British Columbia) on August 28, 2008. The Company is classified as a Tier 2 mining issuer listed on the TSX Venture Exchange (the “Exchange”), having the symbol BTU and is involved in the exploration and development of the various projects it has acquired or holds under option. On July 5, 2017, the Company announced that it had signed an option agreement to acquire a 100% interest in the 16,640-hectare Galway Gold Project located in County Galway, Republic of Ireland. The Company paid cash of $65,000 and was obligated to pay an additional $50,000 within six months (this amount has been paid as of the date of this MD&A) and a further $150,000 was required to be paid within 12 months (this amount has been paid as of the date of this MD&A) for a total of $265,000 in cash. In addition, the Company issued 700,000 common shares common shares to the optionors on closing. On May 22, 2018, the Company accelerated the terms of its option agreement and acquired 100% of Gold Note, Ltd., the holder of the Company’s Galway project located in Galway, Ireland. The Company paid $150,000 in cash and issued 600,000 common shares of the Company in exchange for 100% ownership of the Galway project through its ownership of Gold Note, Ltd. Furthermore, the property is subject to a 2% net smelter royalty (“NSR”), with the option for the Company to acquire 1.5% of the NSR, resulting in a 0.5% NSR, for $1.5 million at any time. On August 24, 2018, the Company announced it was acquiring a 100% interest in the claims that comprise the Dixie Halo East property from an arms-length vendor for payments of $85,000 in cash and the issuance of 750,000 shares over a 4-year period. The vendor retains a 1.5% NSR, half of which is purchasable by the Company for $500,000 at any time. This transaction closed on September 25, 2018 and the Company made a cash payment of $10,000 and issued 150,000 shares. On September 3, 2019, the Company made a cash payment of $12,000 and issued 150,000 common shares at a deemed value of $15,750 according to the terms of the property option agreement. On September 5, 2018, the Company announced it was acquiring a 100% interest in the claims comprising the Burnthut Project from an arms-length party through the cumulative payment of $85,000 and the issuance of 750,000 shares of the Company over a 4-year period. The vendor retained a 1.5% NSR, half of which may be purchased by the Company for $500,000 at any time. This transaction closed on October 5, 2018 and the Company made a cash payment of $10,000 and issued 150,000 shares. As of April 30, 2019, the Company determined that it was in the Company’s best interest to abandon the Burnthut option agreement and focus its exploration activity on the Dixie Halo group of properties. The Company reduced the carrying value of the Burnthut property Option to nil as at April 30, 2019. On July 8, 2019, the Company issued 100,000 common shares at a deemed value of $15,000 as a termination payment under the option agreement and returned the project to the optionor. On October 17, 2018, the Company announced that it had entered into an option agreement to acquire a 100% ownership interest in the property known as Dixie Halo South Property from arms-length vendors in exchange for the issuance of 8,000,000 common shares of the Company payable in two tranches, 50% due on closing and 50% due 12 months from the closing date. In addition, the option agreement requires the Company to incur $2,000,000 in expenditures on the property with $1,000,000 required to be spent prior to a date that is 12 months from the closing date and the second $1,000,000 to be spent no later than a date that is 24 months from the closing date. In addition, the property is subject to an NSR of 2.5% on all mineral products produced from the property. The Company has the right to repurchase up to 1.0% of the NSR at any time at its discretion for a total cash payment of
Management’s Discussion and Analysis For the Three Months Ended July 31, 2020 Dated September 29, 2020 4$2,000,000. The transaction was approved by the TSX-Venture exchange on January 18, 2019. On March 18, 2020, the Company entered into an extension agreement with respect to the Dixie Halo South project, extending by 30 days the requirement to meet a minimum spending commitment on the property of $1,000,000. The Company issued 20,000 common shares to the optionor upon the granting of the extension. The extension agreement also included an option to further extend the expenditure obligation for an additional two months, with each additional extension requiring the issuance of 20,000 BTU common shares. The Company exercised an additional one-month extension and issued 20,000 additional shares on May 1, 2020. The Company met the exploration expenditure requirements prior to the end of the extension period. On October 17, 2018, the Company announced that it had entered into an option agreement to acquire a 100% ownership interest in the property known as Dixie Halo Southeast Property from arms-length vendors in exchange for the issuance of 4,000,000 common shares of the Company payable in two tranches, 50% due on closing and 50% due 12 months from the closing date. In addition, the option agreement requires the Company to incur up to $500,000 in expenditures on the property with $250,000 required to be spent prior to a date that is 12 months from the closing date and the second $250,000 to be spent no later than a date that is 24 months from the closing date. As of the date of this MD&A, the Company has met the entire exploration expenditure commitment on the property, having spent in excess of $500,000 on the property. In addition, the property is subject to an NSR of 2.5% on all mineral products produced from the property. The Company has the right to repurchase up to 1.0% of the NSR at any time at its discretion for a total cash payment of $2,000,000. The transaction closed on November 27, 2018 and the Company issued the vendors 2,000,000 common shares on that date and issued the second tranche of 2,000,000 common shares on November 26, 2019. On November 23, 2018, the Company announced that it was acquiring 100% of the shares of Burgundy Exploration Corp. (The Dixie Halo Southwest Extension Property), from arms-length vendors, in exchange for 3,600,000 common shares (1,800,000 common shares which are to be issued on TSX-V approval and 1,800,000 common shares to be issued on the first anniversary of TSX-V approval) to the vendors of Burgundy Exploration Corp. A pre-existing 2% NSR is applicable on the tenure being acquired. There are no cash payments nor are there any mandated work expenditures outside of normal government assessment reporting obligations. This transaction closed on December 7, 2018 and the Company issued the vendors 1,800,000 common shares on that date and issued the second tranche of 1,800,000 common shares on December 6, 2019. The transaction has been completed and the claims are now registered in the name of the Company. On October 28, 2019, the Company announced that it was acquiring 94 claims (1,913 hectares) adjoining the eastern and southern boundaries of BTU’s existing Dixie Halo project in Red Lake from an arms-length vendor in exchange for 1,800,000 common shares. 600,000 common shares were issued to the vendors on November 6, 2019 and the remaining 1,200,000 shares were issued on January 6, 2020. The Company is required to incur $38,000 in expenditures on the property within 6 months (incurred as at the date of this MD&A) and the vendors were granted a 2% Gross Smelter Royalty (“GSR”) on non-base metals. The Vendors were also granted a 2% GSR on base metals, 1% of which may be purchased by the Company within the first 7 years of closing for the payment of $1,000,000. The terms of the option have been completed and the claims are now registered in the name of the Company. On November 29, 2019, the Company announced that it expanded its Dixie Halo property position by 238 claims covering 4,853 hectares. The new claims are royalty free and not subject to any agreement.

Alles Weitere unter:



MD&A - English
https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo…

Interim financial statements/report - English
https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo…

[Sven_Bonn]

Guten Morgen zusammen,

und wieder ein neues Video...

[Sven_Bonn]

dann kann es ja losgehen mit den Bohrungen:

Windfall Geotek Corporate Update

Highlights of 2nd quarter (Signed contract for total value of $354,250 an increase of more than 250% over the same period last year)

Signed a series of contracts to generate high probable gold targets in various projects in the Red Lake Mining camp. Companies include; BTU Metals $50,000, Trillium Gold $100,000 and AurCrest Gold $33,000

https://insidexploration.com/windfall-geotek-corporate-updat…

[Sven_Bonn]

Guten Morgen zusammen,

BTU mit strategischem Investor...

BTU Metals Closes Non-Brokered Private Placement for $2 Million with Strategic Investor

VANCOUVER, BC / ACCESSWIRE / October 8, 2020 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTC PINK:BTUMF) is pleased to announce it has closed its previously announced non-brokered flow-through private placement (see PR dated September 21, 2020) 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 entitle the holder thereof to acquire one common share of BTU at a price of $0.30 for a period of 36 months following the closing of the offering. The flow-through shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec). The warrants issued with the units sold are subject to an acceleration provision. After four months have elapsed from closing, if BTU's shares trade above $1.00 for 10 consecutive trading days, the Company has the option to provide notice to the warrant holder that their warrants will expire if they are not exercised within 30 days.

The Company is pleased to welcome SSI Asset Management Ltd ("SSI"), an independent asset management firm with an emphasis on precious metals and mining, as a long-term shareholder of BTU Metals.

The gross proceeds of the Offered Securities will be used for exploration including core drilling programs at the Company's highly prospective Dixie Halo project in Red Lake, Ontario.

The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. A finder's fee of $40,000 is payable by way of 200,000 common shares of the Company at a deemed price of $0.20 per share.

Closing of the offering is subject to final approval of the TSX Venture Exchange.

About BTU

BTU is pursuing both high-grade gold targets and copper-dominant massive sulfide targets on its 200 square kilometre property that shares a 35 kilometre border with GBR. The property is 25 kilometres southeast of Red Lake, Ontario in an area with excellent access and infrastructure. The property is adjacent to and wraps around a significant portion of the GBR Dixie property. A substantial drill program is currently underway.

The Company's exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor the situation, continues to be careful, and will adjust its activities and timelines as deemed appropriate.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

ON BEHALF OF THE BOARD

"Paul Wood"


https://ceo.ca/@accesswire/btu-metals-closes-non-brokered-pr…

[Sven_Bonn]

Hallo zusammen,

oder "Ist da noch jemand"...???

News von BTU:
https://ceo.ca/@accesswire/new-litho-structural-report-ident…

New Litho-Structural Report Identifies Numerous New Gold Exploration Targets on BTU Red Lake Project

VANCOUVER, BC / ACCESSWIRE / October 20, 2020 / BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V and OTC PINK:BTUMF) 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. ("Great Bear") Dixie property.

The Company commissioned AussieCan Geoscience Inc. (AGI) and Geokincern Ltd. to undertake the study as part of the Company's ongoing drive to vector in on priority gold exploration drill targets on its 200 square kilometre Red Lake area property. The Company is in the process of integrating these new data layers with the various new exploration data developed by the Company. More updates on this work and the implications of this new interpretive dataset will be forthcoming.

The Company is part way through completing its recently commenced, significant core drilling program designed to evaluate numerous high priority targets identified through its ongoing exploration efforts. The Company expects to complete at least 2000 metres of drilling in this program this year and plans to continue drilling operations in January 2021 and onward into Spring. The Company is continuing to carry out exploration programs that include till sampling, geological mapping, and prospecting, in addition to the core drilling program.

Highlights and key conclusions of the report:

rock packages in the area of the study have undergone complex poly-deformation resulting from at least four phases of folding,
major shear/fault zones trend N-S, WNW, and ENE. These major shear structures are often in contact with or proximal to plutonic rocks and are implicitly linked to folding, providing a good mechanism for fluid migration and the formation of mesothermal-type gold deposits.
a sequence of felsic volcanic rocks has been correlated across the area providing a potential target unit that may be prospective for gold and/or VMS mineralization (Gold mineralization discovered by Great Bear in the area of the LP Fault is located in, or proximal to, a felsic volcanic package of rocks),
numerous target areas were identified for follow-up based on the interpreted structural and lithological characteristics and independent geological observations. Fourteen target areas were identified, nearly half of which were categorized as ‘top priority' targets.

Paul Wood, CEO of BTU Metals, said, "Given the size of our land package and the commensurate opportunity, we have commissioned several advanced technical reports utilizing various established processes and perspectives. Together these new interpretive findings, in addition to our ongoing field work, have enabled us to identify and isolate 14 new targets, many of which we deemed to be top priority targets. These efforts have provided us with new insights and increase our confidence in our ability to achieve significant results."

Litho-stratigraphic Review Summary

The review was designed to provide a better understanding of the overall litho-structural context of the area and the potential for gold and volcanic massive sulphide ("VMS") mineralization within the property.

The database for the review includes the Company's database including recent drilling campaigns as well as the publicly available data for the area of influence, which included all of the property of the Company as well as the adjacent Dixie property of Great Bear.

The report provides an updated interpretation of fold and fault structures across the area of interest.

The report provides recommendations for further investigation for numerous areas on the property.

The report confirms that the LP Fault trends east-southeast toward the area near the northeast corner of the main block of the Dixie-Halo property.

The report also identified the presence of a prominent structural corridor extending throughout the main block of the Dixie Halo property in an east-northeast direction and trends generally parallel to the northern limit of the large granitic intrusion in the southern part of the Dixie Halo property. This large-scale shear changes character to the east and presents as numerous northeast trending, en echelon shears approximately axial planar to what appear to be isoclinal D2 folds.

Several east dipping major faults were interpreted in the eastern part of the area including in the area of the TNT portion of the Dixie Halo property. These structures appear to rotate more easterly as they trend farther to the north and may merge with the southeasterly extension of the LP structure from the Great Bear property.

The litho-structural interpretation study of the Company's Dixie Halo property was undertaken to provide a better understanding of the structural context for gold mineralization in the area including on the adjacent Great Bear project as well as to assist future exploration efforts by identifying priority target areas warranting more detailed follow-up. The studies were undertaken as part of the Company's efforts to develop and refine priority gold exploration drill targets for testing in the Company's current core drilling program.

The litho-structural interpretations are based on detailed analysis of available airborne geophysical datasets supplemented with outcrop, geological mapping and drill hole datasets, where available, to constrain the interpretation of the magnetics that were then used to derive a new geological understanding of the Dixie Halo project as well as much of the adjacent Great Bear Dixie property.

Public datasets over the adjoining Great Bear Dixie Property were also analyzed and compared to information on the BTU land position, thereby helping to further refine interpretations and outline priority target areas.

Figure 1: Distribution of F2 (blue) and F3 (red) folds interpreted across the study area

Figure 2: Example of the strong deformation seen in outcrop on the Dixie Halo property

About BTU Metals

The Company is pursuing both high-grade gold targets and copper-dominant massive sulfide targets on its 200 square kilometre property that shares a 35 kilometre property boundary with GBR and wraps around a significant portion of the eastern part of the GBR Dixie property. The property is 25 kilometres southeast of Red Lake, Ontario in an area with excellent access and well-developed infrastructure. In addition to the Litho-structural interpretation work, roughly one-third of the property area has also been analyzed using the Windfall Geotek Artificial Intelligence ("AI") proprietary system. That initial work resulted in 35 high priority potential gold exploration target areas being identified for follow-up.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

The Company's exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor the situation, continues to be careful, and will adjust its activities and timelines as deemed appropriate.

ON BEHALF OF THE BOARD
"Paul Wood"
Paul Wood, CEO, Director
[e-mail]

FOR FURTHER INFORMATION, PLEASE CONTACT:
Andreas Curkovic, Investor Relations
[phone]
BTU Metals Corp.
Telephone: [phone]
Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and using information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).

SOURCE: BTU METALS CORP.

[Wilhelm_Tell]

Antwort auf Beitrag Nr.: 65.442.096 von Sven_Bonn am 20.10.20 15:57:49

Hallo Sven

ja, schau mir die Firma gerade mal genauer an.
Spannendes Projekt und starkes Management.

BTU Metals is well funded and have a very large land mass in Red Lake, Ontario next to Great Bear

[Sven_Bonn]

Antwort auf Beitrag Nr.: 65.467.047 von Wilhelm_Tell am 22.10.20 16:57:35

Vielen Dank :-) !!!

JA, hoffen wir, dass bald die Sonne für die Juniors bald wieder mehr scheint. Momentan ist es ja ein ziemliches Desaster. BTU als Nachbar von GBR sollte ja auch ein paar nette Ergebnisse haben.

Gibt ja momentan nur wenige Ausnahmen wie Nova Minerals oder hoffentlich bald die battery minerals....

Mann Oh Mann.

Lieben Gruß
Sven

[Wilhelm_Tell]

Antwort auf Beitrag Nr.: 65.467.119 von Sven_Bonn am 22.10.20 17:04:18

Hallo Sven

Ja, die Korrektur nach dem starken Anstieg, den die meisten Explorer genossen haben nervt, aber gibt mir auch die möglichkeit nochmal in BTU Metals zu investieren. Ich habe den ersten Kursanstieg verpasst.

Ich halte schon länger Teuton Resources und Auryn Resources die sich gerade in 3 Firmen aufgeteilt haben. Bei einigen Stories muss man einfach von «Anfang» mitdabei zu sein 😊
BTU könnte ein Monster werden... und mit Great Bear ist für Aufmerksamkeit gesorgt.

[Sven_Bonn]

Guten Morgen zusammen,

soooo.. endlich auch einmal wieder News zu unserem BTU.

Sobald der Goldpreis wieder gen Norden geht, werden wir hier viel Spass haben können :-)

Lieben Gruß
Sven

--------

Drill Program Continues Along SW-NE Gold Trend

New Gold-in-Till Results Vectoring Towards Dixie Halo Bedrock Gold

New Western Prospective Gold Zone Discovered

VANCOUVER, BC / ACCESSWIRE / November 24, 2020 / BTU METALS CORP. ("BTU" or the "Company") (TSX:V:BTU) 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 will be drilled before a planned mid-December break. Drilling will resume in early January. The 26 till samples reported here come from across the property (Figure 1) however most are concentrated along an 8 km x 5 km area of highly prospective geology that, in many respects, mirror the ‘LP-fault' sequence of Great Bear Resources Ltd ("Great Bear"). Further samples from the 2020 till sampling program are being processed by Overburden Drill Management Ltd and will be announced in due course.

Highlights

Drilling continues on track for 2,000 meters pre-year end with a focus on the "gold in till" zone
Strong gold-in-till results continue coming in from across the SW-NE geological and structural trend, with increased sample density beginning to allow for vectoring towards bedrock targets
New target region identified in the far west of the property, supported by both till results and grab samples
Several tens of line km of new grids are being established and drilling and geophysical surveys are ongoing

Figure 1: Total # of gold grains from 2019 and 2020 BTU till sampling programs

Tracing of anomalous gold in till sample results back to their source, as a way to locate new areas of gold mineralization under overburden, has been proven to be a valid, unique and powerful way to discover new gold deposits. In glaciated terrains, many significant gold discoveries have resulted from careful use of this technique over the past 40 years across Canada and elsewhere. Gold mines discovered in similar terrain include Casa Berardi, Quebec (INCO), Bell Creek, Ontario (Rosario Resources) and Rainy River, Ontario (Rainy River Resources). Learn more about till surveying at https://www.btumetals.com/?tillsurvey.

The new till results are consistent with past results in showing high total gold in till counts across the SW-NE geological trend which mirrors the Great Bear ‘LP-fault' sequence. Furthermore, promising till results have been obtained far to the south-west of the property where a distinct finger of greenstone terrane occurs. Recent prospecting in this area has uncovered new mineralized showings, with grab samples returning as much as 4 g/t Au, highlighting the need for further work on this almost virgin corner of the property.

The (new and past) till results are notable for having a high proportion of gold grain morphology classified as ‘pristine' or ‘modified' relative to the ‘reshaped' grains, indicating that the malleable gold grains have not travelled far from their bedrock source, most likely within a few hundred metres. Interestingly, a few of the new results with modest gold grain counts are more exciting than the total gold grain count suggests because of the large diameter of the grains (e.g. Figure 2).

Figure 2: Picture of gold grains from one of BTU Metals' recent till samples.

The ground team is continuing to assess the potential of the ‘Artificial Intelligence' (AI) targets generated by Windfall Geotek. We anticipate delivery of phase 2 AI targets, those on the Southern portion of BTU's property once Windfall Geotek incorporates new data in the near future. Several tens of kilometres of new lines have been cut in the region of the SW-NE trend, including over some of the AI targets, and Induced Polarization ("IP") geophysical surveying is ongoing.

Paul Wood, BTU CEO, said, "Our till results continue to impress, and as we increase the density and coverage of our sampling we are beginning to zero in on additional promising target areas, and we are discovering new prospective areas on our very large property. Drilling is ongoing and we are on track for reaching 2000 metres in our fall drill program."

The Company's exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor this situation, continues to be careful to conduct all work in compliance with COVID-19 guidelines and will adjust its activities and timelines as deemed appropriate.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

ON BEHALF OF THE BOARD
"Paul Wood"

Paul Wood, CEO, Director
[e-mail]

https://ceo.ca/@accesswire/drill-program-continues-along-sw-…

[Sven_Bonn]

.. und noch ein neues Video:



LG
Sven

[Sven_Bonn]

und wieder ein kleines Video-Update:

[Sven_Bonn]

HAllo zusammen,

dann hoffen wir mal auf Ergebisse noch vor Weihnachten!!!

BTU Metals de-risking a huge land mass in famous Red Lake gold district, where its neighbor is Great Bear Resources



Red Lake is famous for its high-grade deposits and has churned out over 30 million ounces of the precious metal in the past 85 years
BTU Metals Corp. -
Quick facts: BTU Metals Corp.

Price: 0.18 CAD
TSX-V:BTU
Market: TSX-V
Market Cap: $18.13 m
Follow

Large land package adjacent to Great Bear Resources' asset
Dixie Halo is historically underexplored
Experienced management

What BTU Metals Corp does:

BTU Metals Corp (CVE:BTU) (OTCMKTS:BTUMF) has put together a large land package in the famous gold mining area of Red Lake, Ontario, and drilling is currently underway.

Red Lake is famous for its high grade-deposits and has churned out over 30 million ounces of the precious metal in the past 85 years.

BTU's flagship project is the Dixie Halo property, which covers 19,723 hectares and is contiguous with, and surrounds well-known gold explorer's Great Bear Resources' (CVE:GBR) Dixie project which has seen considerable, well-documented success with the drill bit.

The asset is close to all infrastructure needed to build and operate a mine, such as highways, power, gas, water and labor.

The project has seen limited drilling historically compared to the Great Bear asset and BTU has identified three priority targets. These are the 'Gold in till' target, which lies along a trend that mirrors geology of the LP fault discovered by Great Bear.

Elsewhere, the Dixie Creek target is on trend with the LP Fault and a sampling program is underway. At the TNT polymetallic target, initial work has indicated a large gold-bearing VMS-style alteration system.

The LP Fault structure hosts Great Bear's most recent discoveries, with drill assays such as 31.33 grams per ton (g/t) gold over 20.55 metres (m) uncovered. BTU has noted that in greenstone belts, it is not uncommon for splays off the main fault to contain just as much gold.

BTU Metals' management has good form. Chairman Vic Bradley, in a career spanning decades, has founded, financed and operated several mining companies, including the original Yamana Gold. Meanwhile, vice-president of exploration Bruce Durham has been involved in exploration for 40 years focusing on precious and base metal deposits in Ontario and Quebec.
How is it doing:

BTU Metals is currently undertaking a 2,000m drilling program that aims to evaluate a number of priority targets at Dixie Halo by the end of 2020, with additional drilling planned at the beginning of 2021.

In October, it said that a new litho-structural report for its Dixie Halo property in Ontario had identified 14 target areas that warranted follow up, with nearly half of the targets deemed high priority.

On November 24, the group updated further on exploration, including encouraging finds from this year's till sampling program.

Gold-in-till results continue to come in from across the southwest-northeast (SW-NE) geological and structural trend, most of which are concentrated along an 8 kilometre (km) by 5 km area, with increased sample density beginning to allow for vectoring towards bedrock drill targets.

The firm noted that the results have a high proportion of gold grain morphology classified as ‘pristine’ or ‘modified’ indicating that the malleable gold grains have not travelled far from their source, most likely within a few hundred metres.

BTU said it continues to assess the potential of AI targets generated by Windfall Geotek. The company also noted that a new target had been identified in the far west of the property, supported by both till results and grab samples.

Seven drill holes have been completed so far this fall with depths ranging from 100m to 250m, the group said, and it is expected that seven more holes focusing on the "gold in till" zone will be drilled before a planned mid-December break. The company added that drilling will resume in early January.
Inflection points:

More drilling and exploration results
Precious metals moves
News from exploration firms nearby

What the boss says:

Speaking to Proactive's Steve Darling on November 24 this year, BTU chief executive Paul Wood said: "Great Bear touched on a billion-dollar market cap this summer and we're sitting a little shy of US$20 million and we can hear their drills turning, we can see their drills turning from time to time so our job is to find what they have and start to close that gap."


https://www.proactiveinvestors.com/companies/news/935674/btu…

[HeinzBork]

BTU Finds Visible Gold in Drill Core at Dixie Halo By Tracing Gold in Till

https://ceo.ca/@accesswire/btu-finds-visible-gold-in-drill-c…

[Sven_Bonn]

Guten Morgen,

und hier noch ein Video dazu.



LG
Sven

[Sven_Bonn]

Hallo zusammen,

und hier kommt ein Update:

https://www.btumetals.com/?news=102

January 5, 2020, Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V; BTUMF-OTC) 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 surveys – consequently, we saw some of our most promising results to date including visible gold in a recent drill hole. We start the year with one of our strongest cash positions in our history and are excited to follow up on a number of high-priority gold targets, as well as getting back to testing the TNT target to take advantage of an expert’s geochemical-geophysical 3D interpretation of the polymetallic system.”

2020 – a Recap

Most recently completed a 2,000 metre drill program over 12 holes targeting high-grade gold
Expanded the major SW-NE gold structural trend to 15km with new discovery to the SW. (See PR dated December 7, 2020 - https://www.btumetals.com/?news=99)
Identified multiple strong gold in till grain counts (See PR dated November 24, 2020 - https://www.btumetals.com/?news=95) over a broad area in the central part of the property.
Visible gold was intersected in one hole in the recently completed group of drill holes in the central part of the property near the interpreted location of where the numerous high “gold in till” counts may have originated. Numerous other targets are slated for drill testing in the area for Q1 drilling
Earlier in the year, received intriguing TNT follow up results in drill holes 25 and 41 which require more interpretation. (See PR dated March 18, 2020 - https://www.btumetals.com/?news=74). We anticipate more TNT follow-up this year
Welcomed additional strong investors to the BTU share registry, including Lichtenstein-based SSI Asset Management (See PR dated October 8, 2020 - https://www.btumetals.com/?news=90)

At New Year, 2021

Five (5) holes logged, cut and at the SGS lab in Red Lake, ON including BTU-20-53 with VG, gold assays expected early in the new year
Further results from 2020 till sampling program expected early in the new year
Drilling will restart in January and will be focused on various well spread-out gold targets in the central and northeast portions of the property
3D geochemical-geophysical interpretation of TNT expected early new year
More than $2 million in cash and many strong early-stage high priority target areas to be evaluated

Figure 1: Total # of gold grains from BTU till sampling programs, drill hole locations and showing the surface projection of Visible Gold in drill hole BTU-20-53.

Red Lake Active 2020

The Red Lake mining area was extremely busy in 2020 with the highlights being the purchase of the Newmont Mining assets in the camp by Evolution Mining, the progression of several properties toward commercial production as well as the establishment of the Great Bear Resources gold discoveries as significant new areas and styles of gold mineralization that have the potential to rewrite the geology of this high-grade gold camp that has already produced nearly 30 million ounces of gold. The area where Great Bear Resources has been busy outlining strong gold mineralization on the Dixie property is not far from the BTU Dixie Halo property in an area that was historically under-explored and poorly understood largely due to the extensive overburden cover. As exploration by Great Bear and others like BTU progresses in the area, and the geology and controls on gold mineralization are better understood, new gold discoveries will almost certainly be outlined. Great Bear Resources is very well funded, is rapidly defining gold mineralization for upcoming resource evaluation and the area is clearly a focus for gold exploration in Ontario, with BTU being the closest neighbour to the Great Bear discoveries.

QA/QC

BTU staff collected and processed samples and securely sealed and shipped them to SGS Canada Inc. (“SGS”) in Red Lake, Ontario for sample preparation that includes drying (105° C), crushing until 75% passes a 2 mm sieve, then splitting (250 g) and pulverizing to 85% passing 75 µm. The resulting pulps are analysed for gold by fire assay in Red Lake, and for geochemistry by a multi-element aqua regia ICP-OES technique in Burnaby, British Columbia. All assay data have undergone internal validation of QAQC; noting there is an established sampling control program with blind insertion of assay blanks, certified industry standards and sample duplicates. A QAQC program is also in place at SGS and includes insertion of blanks, standards, and duplicate reanalysis of selected samples. SGS is a Canadian assay laboratory and is accredited under ISO/IEC 17025. Overlimit protocols are in place for gold, silver, and copper. Intervals in this release are drilled intervals. True widths could not be determined at this early stage of target evaluation.

COVID-19

The Company’s exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor this situation, continues to be careful to conduct all work in compliance with COVID-19 guidelines and will adjust its activities and timelines as deemed appropriate.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

ON BEHALF OF THE BOARD
“Paul Wood”
Paul Wood, CEO, Director
[e-mail]

[Sven_Bonn]

Hallo zusammen,

ein kleines Video zu BTU:



LG
Sven

[Sven_Bonn]

Hallo zusammen,

ein Lebenszeichen :-)

https://twitter.com/btumetals/status/1358916877267980289?s=2…

BTU STARTS 2021 DRILL PROGRAM – REPORTS ADDITIONAL HIGH GOLD IN TILL RESULTS - UP TO 83 GOLD GRAINS IN A NEW AREA OF THE PROPERTY
https://www.btumetals.com/?news=104

LG
Sven

[Sven_Bonn]

Hallo zusammen, (ist noch jemand da?),

hier einmal ein kleines Lebenszeichen vom GBR Nachbarn BTU:

BTU SIGNIFICANTLY EXPANDS ITS PROPERTY INTERESTS ADJACENT TO GREAT BEAR IN THE RED LAKE GOLD CAMP

March 23, 2021 Vancouver, BC, Canada – BTU METALS CORP. ("BTU" or the "Company") (BTU-TSX:V; BTUMF-OTC) 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 (“ha”) 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 (“Great Bear”) Dixie project. The new property is also adjacent to the north of the Great Bear Pakwash property.

As well, drilling is continuing on a number of high-priority gold targets developed over the past several months, including testing of a strong SW-NE structural trend on the Dixie Halo property. Updates will be released as the program continues.

Paul Wood, BTU CEO, said, “This deal considerably strengthens our already commanding position in one of the most prospective areas of the Red Lake Camp. We started land acquisitions in the Dixie area in 2018 and have worked continuously at strengthening our land position, expanding our geological understanding of the area, and defining solid exploration targets. The Pakwash North property adds nearly 15% more area to our land position. We have already identified some areas with solid exploration potential where we intend to commence preliminary target definition work immediately.”

Highlights

The Pakwash North property covers more than 3,000 ha beside the 19,723 ha Dixie Halo property currently held by the Company which is adjacent to the 9,140 ha Great Bear Dixie property. Maps and information on the new property are available on the Company’s website; www.btumetals.com/pakwashnorth
The Pakwash North property is adjacent to the north of the 3,100 ha Pakwash property of Great Bear (Figure 1)
The geology of the property is not well-defined, and the gold and base metal potential of the property remains virtually unassessed at this time, mainly due to the near complete lack of bedrock exposure on the property which has historically limited exploration in the entire area
The Pakwash North property appears to straddle major structures, covers favourable geology for gold and base metal mineralization and is located immediately west of the historic Griffith iron mine. Only one short drill hole has ever been reported on the Pakwash North property (Figure 2)
Geophysical surveying in the area has shown the property to have potential for the presence of gold as well as base metal mineralization, although no modern airborne or ground geophysical electromagnetic surveying has been carried out on the property in recent years
The Company sees potential for TNT type copper silver mineralization as well as for gold mineralization on the newly acquired property
The Company will commence preliminary desktop and geophysical work on the property immediately

Figure 1: Property Disposition Map of the Dixie Lake Area Southeast of Red Lake Ontario

Cumulative terms of the option to earn an 80% interest in the Pakwash North property (formerly called the “Bruce Lake property”) from GoldON Resources Ltd. call for cash payments of $75,000, the issuance of 1,400,000 shares and for the Company to incur expenditures of $1,000,000 over a 36-months. The Company, at its discretion, may elect to stay at certain, fixed percentages over the course of the option at which time a definitive joint venture agreement will be entered into by the companies. Closing of the transaction is subject to the approval of the agreement by the TSX Venture Exchange.

Figure 2. Summary of Historic Drilling Activity (source - Ontario Government Records) on the Pakwash North Project

Red Lake Activities

The Red Lake mining area is extremely busy with the highlights being the purchase of the Newmont Mining assets in the camp by Evolution Mining, their recent offer to purchase Battle North Gold Corporation, the progression of several local properties toward commercial production, as well as the establishment of the gold discoveries of Great Bear as significant new areas and styles of gold mineralization that have the potential to rewrite the geology of this high-grade gold camp that has already produced more than 28 million ounces of gold. The area where Great Bear has been busy outlining strong gold mineralization on the Dixie property is not far from the BTU Dixie Halo property in an area that was historically under-explored and poorly understood largely due to the extensive overburden cover. As exploration by Great Bear and others progresses in the area, and the geology as well as controls on gold mineralization are better understood, new gold discoveries will almost certainly be outlined. Great Bear is extremely well positioned for its exploration efforts with approximately $100 million on hand. Great Bear continues to define gold mineralization along the LP Fault as they prepare for upcoming resource evaluation work which clearly makes the Dixie area a focus for gold exploration in Ontario. BTU is the largest landholder in the immediate area of the Great Bear discoveries.

COVID-19

The Company’s exploration work at its Red Lake, Ontario projects remains largely on schedule with no major disruption due to the COVID-19 government guidelines. The Company continues to monitor this situation, continues to be careful to conduct all work in compliance with COVID-19 guidelines and will adjust its activities and timelines as deemed appropriate.

Bruce Durham, P. Geo., a qualified person as defined by National Instrument 43-101 has reviewed and approved the technical information in this press release.

ON BEHALF OF THE BOARD

“Paul Wood”
Paul Wood, CEO, Director
[e-mail]

FOR FURTHER INFORMATION, PLEASE CONTACT:

Andreas Curkovic, Investor Relations
Telephone [phone]

BTU Metals Corp.
Telephone: [phone]
Toll Free: 1-888-945-4770

https://www.btumetals.com/?news=106

LG
Sven

[faultcode]

hier gratuliert man dem Nachbarn. Verständlich beim anvisierten Kaufpreis von C$1.8 Milliarden:


...
https://m.ceo.ca/@accesswire/btu-comments-on-proposed-kinros…

auf der Homepage krasser dargestellt:


https://www.btumetals.com/

=>


<keine Position>